Skip to content
- ACX, a cross-chain bridge operator, is now listed on Bithumb’s KRW market, supporting only Ethereum transactions.
- Bithumb sets strict trading rules, limiting buy activities for the first five minutes to prevent market manipulation.
- South Korea’s crypto market grows 52% in 2025, with over 9.6 million users, including a rise in older investors.
Across Protocol (ACX) entered the crypto scene after listing on Bithumb’s Korean Won (KRW) market. This is a notable achievement for ACX in terms of marking the company’s existence as official in its field. This will only be applicable to the Ethereum transactions considering that the platform is to be listed. Consequently, deposits from the other network will be declined making it easier for the client.
Bithumb Trading Rules
The price of the coin during its first listing on the exchange is given at 439 KRW. In addition, a non-refundable deposit of 33 KRW is collected for confirmation of participation in the campaign. The Bithumb exchange will allow normal operations such as deposits and withdrawals within 2 hours after the listing has taken place. Nevertheless, these actions will only impact the transactions performed via the Ethereum network. This restriction is beneficial in an attempt to provide better operations for early users.
However, in a bid to avoid cases of manipulation in the market, Bithumb has put in place several trading rules to curb the act. The first five minutes of trading will result in absence of buy activity to prevent fluctuations. However, in the next level of price changes, sell orders are only allowed to be at -10% to 100% of the initial price. It has been instituted with a view of safeguarding the market from any vices especially in the initial periods of operation.
The use of automatic orders will be prohibited until after the first trade has occurred. This rule is made with an objective of controlling high or low prices that are tend to affect the economy. It affords price stability mainly because the market Student’s demands some time to respond to the new listing.
In response to this act, Bithumb will accept only the money from VASPs that have complied with the regulation laws all over the world. Accounts originating from unregistered exchanges will be blocked or delayed. However, the users are urged to verify their deposit addresses and networks, as well. Certain types of errors will be discussed, which will enable an accurate processing of the transactions.
South Korea’s Crypto Growth
South Korean market has over the past year register high growth rates in the market on cryptocurrencies. Domestic users of virtual currency accounts for more than 52% increase this year alone. Today, more than 9.6 million people can be said to be involved in trading digital currencies in the Republic of Korea. This increase may be attributed to increasing confidence in the market where many young and old investors are participating in.
Recent data suggests that people in their mid-forties and beyond have become more active in investing. Among the crypto millionaires with over one billion won earned themselves, 40% belong to the over-50 age group. This shift therefore shows that the level of adoption of digital assets is progressively and pervasively cutting across all ages in South Korea.
