Verify

Security

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bithumb-introduces-avail-to-krw-market" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bithumb Introduces AVAIL to KRW Market</a><br></p>
<p style="text-align: justify">Bithumb, a prominent cryptocurrency exchange, has added AVAIL to its Korean Won (KRW) market, marking a significant development in the crypto world. This integration offers Bithumb users a broader range of trading options. AVAIL, known for its innovative blockchain solutions, serves as an integration layer that connects various blockchains without the need for bridges.</p>
<h2 id="what-does-avail-mean-for-korean-won-transactions">What Does AVAIL Mean for Korean Won Transactions?</h2>
<p style="text-align: justify">The supported market for AVAIL will be the Korean Won (KRW) market, with transactions conducted exclusively on the Avail DA network. Other networks will not support deposit transactions. Specific dates for deposit, trading, and withdrawal commencement are yet to be determined. The required number of deposit confirmations and thresholds will be announced in the coming days.</p>
<p style="text-align: justify">AVAIL plays a crucial role in the blockchain ecosystem by offering network services, enhancing security through staking, and participating in governance decisions.</p>
<h2 id="how-are-trading-restrictions-and-security-measures-implemented">How Are Trading Restrictions and Security Measures Implemented?</h2>
<p style="text-align: justify">To ensure a secure trading environment, Bithumb has imposed various restrictions on AVAIL transactions. For the first five minutes after trading begins, purchase orders will be limited, and sell orders will be restricted to prices within a -10% to +100% range of the reference price.</p>
<p style="text-align: justify">Automated orders will only be permitted after the initial transaction has been executed. These measures aim to balance the market and protect <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a>. Depositing and withdrawing AVAIL will be facilitated through exchanges supported by Bithumb’s cryptocurrency providers, following the Travelpool <a href="https://newslinker.co/category/mobile/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">application</a> guidelines.</p>
<h2 id="key-user-considerations">Key User Considerations</h2>
<p style="text-align: justify">Before making a deposit, users should:</p>
<ul>
 <li>Verify the asset address system and network connection.</li>
 <li>Be aware that incorrect deposit transactions could lead to delays in the refund process.</li>
 <li>Understand that transactions through restricted exchanges may result in additional limitations as per Bithumb’s Service Terms.</li>
</ul>
<p style="text-align: justify">Users are advised to check the network connection and asset address system to avoid errors during deposit transactions, as mistakes may result in delays in the refund process.</p>
<p style="text-align: justify">Bithumb’s latest move to add AVAIL to the KRW market reflects its commitment to expanding its trading options and enhancing user experience. As the exchange works towards integrating AVAIL, users can expect more diverse and secure trading opportunities.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/bithumb-introduces-avail-to-krw-market" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bithumb Introduces AVAIL to KRW Market</a></h5>

Bithumb Introduces AVAIL to KRW Market

Table of Contents

BH NEWS

Άλλα άρθρα που δημοσιεύτηκαν στις 23 Ιουλ 2024

Indicator Reveals No Straight Rise for Altcoins; Increased Volatility for XRP

Dogecoin hits 34-day high: Can DOGE maintain its climb?

Bitcoin and the Ballot Box: How Crypto and U.S. politics got intertwined

Why I Don't Consider Trading Pepe Right Now — An Ichimoku Deep Dive Into Pepe 🔍

Stellar Supremacy: MoonBag's Ascendancy Over Renzo in the Crypto Heavens

Spot Ethereum ETFs get final sign off to begin trading Tuesday

Join our free newsletter for daily crypto updates!