Ethereum

Cryptocurrency

Taiko

Ethereum Name Service

BASE

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/upbit-and-bithumb-announce-new-altcoin-listings/" data-wpel-link="internal">Upbit and Bithumb Announce New Altcoin Listings</a> 
South Korea’s leading <a href="https://en.coin-turk.com/bithumb-adds-new-trading-pairs-for-ar-and-ens/" data-wpel-link="internal">cryptocurrency exchanges</a>, Upbit and Bithumb, have announced new altcoin listings. The exchanges are targeting three altcoins: Ethereum Name Service (ENS), Base (BASE), and Taiko (TAIKO). 
<h2 style="text-align: justify" id="strong-new-listing-announcements-from-upbit-and-bithumb-strong">New Listing Announcements from Upbit and Bithumb</h2> 
Upbit exchange announced that it has opened a new trading market for ENS in the South Korean won pair. This move aims to provide South Korean <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> easier access to Ethereum Name Service, a decentralized naming system on the Ethereum Blockchain. For those unfamiliar, Ethereum Name Service allows users to purchase human-readable names like “omergin.eth,” which can then be linked to various identifiers, including wallet addresses, content hashes, and metadata. 
The addition of ENS to Upbit’s trading platform marks a significant step in making decentralized <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">technologies</a> more accessible to the general public. By enabling transactions in South Korean won, Upbit has lowered the entry barrier for many investors who may not be familiar with other trading pairs. This local currency support is expected to attract more users to the Ethereum Name Service ecosystem, promoting its growth and integration into the broader cryptocurrency market in South Korea. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-369037" src="https://coin-turk.com/wp-content/uploads/2024/07/Bithumb-Altcoin.png" alt="" width="508" height="582"> 
In addition to Upbit’s announcement, another major South Korean cryptocurrency exchange, Bithumb, has revealed plans to list two new cryptocurrencies: BASE and TAIKO. These listings are part of Bithumb’s efforts to expand its offerings and provide its users with a wide range of investment options. Both BASE and TAIKO are gaining interest in the market, and their inclusion in Bithumb is expected to further increase their visibility and adoption. 
<h2 style="text-align: justify" id="strong-growing-interest-in-the-cryptocurrency-market-in-south-korea-strong">Growing Interest in the Cryptocurrency Market in South Korea</h2> 
These recent altcoin listing announcements from Upbit and Bithumb are seen as a result of increasing interest and activity in the cryptocurrency market in South Korea. Major exchanges typically tend to make new listings during such periods. 
Cryptocurrency exchanges are trying to meet the growing demand for diverse investment options among investors in the country by offering new trading pairs for new altcoins and especially listing new and emerging altcoins. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/upbit-and-bithumb-announce-new-altcoin-listings/" data-wpel-link="internal">Upbit and Bithumb Announce New Altcoin Listings</a></h5>

Upbit and Bithumb Announce New Altcoin Listings

Table of Contents

COINTURK NEWS

Other articles published on Jul 9, 2024

MoonBag Coin’s Success Emphasises the Low Performance of Arweave and Rocket Pool Eth

Bitcoin MVRV Ratio At Make-Or-Break Test: Will Support Hold?

Massive Bitcoin Sell-Off by German Government Triggers Liquidations

Bitcoin Faces Pressure from Large Sell-Offs by Mt. Gox and German Authorities

Kwenta Receives Proposals to Integrate GMX and Gains Network into Perpetuals Marketplace

Analysts pick leading crypto primed for strong performance in 2024

Join our free newsletter for daily crypto updates!