Bithumb, a cryptocurrency exchange based in South Korea, has launched Lighter ($LIT) Assets that can be traded in the Korean Won (KRW) market.
According to a stock exchange announcement, $LIT It will be traded on the KRW market at 7pm today.
According to the announcement, the next deposit and withdrawal transactions will be $LIT It begins within two hours of the notification being issued. It was highlighted that it was the only network supported. $LIT is Ethereum and transfers over other networks are not supported.
Bithumb also announced that 33 block confirmations will be required. $LIT deposit. The standard price for the token to enter the KRW market was announced to be 2,383 won.
lighter ($LIT) is described as a decentralized perpetual futures exchange built on a zero-knowledge rollup architecture, aiming for the speed and ease of use of a centralized exchange with a CLOB (Central Limit Order Book) model.
The exchange announced that it will restrict buy orders during the first five minutes after listing to ensure a safe trading environment. For sell orders, orders cannot be placed outside the specified price range for the first 5 minutes. Order types other than limit orders will also be temporarily disabled for approximately the first two hours.
Mr. Bithumb reminded investors that crypto assets involve high risks and encouraged them to adopt risk management practices.
*This is not investment advice.
