Bithumb, a prominent South Korean cryptocurrency exchange, has expanded its KRW trading market by adding Humanity Protocol (H) and MANTRA (OM) tokens. Trading for both assets will commence on July 3, 2025, at 7:00 PM KST, offering users enhanced investment diversity and accessibility to emerging blockchain projects.
Key Details of the New Listings
Humanity Protocol (H)
- Blockchain: Ethereum (ERC-20)
- Reference Price: 93.81 KRW
- Deposit/Withdrawal: Requires 33 Ethereum confirmations; services activated within 2 hours of announcement.
- Focus: Decentralized governance and community-driven initiatives.
MANTRA (OM)
- Blockchain: Native MANTRA Network
- Reference Price: 290 KRW
- Deposit/Withdrawal: Only 1 confirmation needed; services available within 2 hours of announcement.
- Focus: Scalable DeFi infrastructure and cross-chain interoperability.
Trading Restrictions for Market Stability
To ensure fair trading conditions, Bithumb has implemented the following safeguards:
- First 5 minutes: Buy orders restricted; sell orders limited to ±100%/-10% of the reference price.
- Automated Trading: Enabled only after the first successful trade execution.
👉 Explore more about secure crypto trading
Compliance and Security Measures
- Travel Rule Compliance: Transfers restricted to registered Virtual Asset Service Providers (VASPs).
- User Advisory: Verify addresses and network details before depositing; unsupported transfers may face delays.
Risks and Investor Responsibility
Bithumb emphasizes the volatile nature of cryptocurrencies, urging investors to:
- Review official whitepapers and project websites.
- Acknowledge capital loss risks and exercise independent judgment.
Market Impact and Future Outlook
- Liquidity Boost: Listings may attract higher trading volumes and investor interest.
- Regulatory Trends: Potential scrutiny aligned with South Korea’s evolving crypto policies.
- Community Engagement: Humanity Protocol plans updates to counter bot activity and foster organic growth.
FAQs
1. When does trading for H and OM begin on Bithumb?
Trading starts at 7:00 PM KST on July 3, 2025.
2. What are the deposit confirmation requirements?
- H: 33 Ethereum confirmations.
- OM: 1 MANTRA Network confirmation.
3. Are there initial trading restrictions?
Yes, buy orders are paused for the first 5 minutes, with sell order price caps.
4. How does Bithumb handle unsupported deposits?
Uncredited transfers from non-VASPs may experience significant return delays.
5. What is the reference price for OM?
290 KRW, with chart prices based on this value post-listing.
6. How might these listings impact token adoption?
Increased liquidity and platform incentives could drive long-term utility and investor engagement.
Disclaimer: Cryptocurrency investments involve risks. Conduct thorough research before participating in markets.
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7. Ethereum