Bitcoin Exchange Bithumb Announces Listing of This Altcoin on Its Spot Trading Platform! Here Are the Details

South Korean cryptocurrency exchange Bithumb has announced the listing of Thena (THE) on the KRW market, with trading set to begin on February 14, 2025 at 16:00 CET.

Bithumb to List Thena (THE) on KRW Market

Listing Details

• Market: KRW trading pair
• Supported Network: BNB Smart Chain (Deposit via other networks is not supported)
• Deposit and Withdrawal Start Time: Within 3 hours after announcement
• Transaction Start Time: February 14, 2025, 16:00
• Starting Price: 1,019 KRW
• Deposit Confirmation Condition: 15 confirmations

What is Thena (THE)?

Thena (THE) is the governance and staking token of Thena, a liquidity center and trading platform built on BNB Chain and opBNB. Thena aims to simplify on-chain trading and offers key features such as:

• Wallet abstraction
• Fiat opening/closing ramps
• Cross chain bridges
• Single staking options
• Futures trading

The Thena ecosystem currently includes:

• THENA: One point DEX
• ALPHA: A futures DEX
• ARENA: A social platform
• WARP (Coming Soon): A launch pad for new projects

Trade Restrictions

To ensure a safe trading environment, Bithumb has implemented the following temporary restrictions at launch:

• Buy Orders: Disabled for the first 5 minutes after trading starts.
• Sell Orders: Limited to -10% and +100% of the starting price for the first 5 minutes.
• Automatic Orders: Only allowed after the first trade is executed.

Deposit and Withdrawal Notification

• Deposits and withdrawals are only supported for crypto exchanges that comply with South Korea’s Travel Rule regulations.
• Deposits from unsupported exchanges may not be processed and may take a long time to return.
• Users should carefully verify deposit addresses and network compatibility before making transfers.

*This is not investment advice.