[Korean Exclusive News]
Author: Shin Yi Jin
On 30th May, Bithumb announced for its two new listings – 0x (ZRX) and Augur (REP). The coins were listed on 30th May 18:00 on both Bithumb and Bithumb Pro including API. Bithumb noted that withdrawal services will be opened in the later date.
0x (ZRX) has been listed on large international exchanges such as Binance, Bittrex, Huobi and OKeX. It is project well-recognised for its open and permission-less protocol that enables decentralised exchanges – ERC20 tokens to be traded on the Ethereum blockchain. Augur (REP) has also been listed on Korean and international exchanges such as UPbit and Bittrex respectively. It is an open-source, decentralised, peer-to-peer oracle and prediction market platform built on the Ethereum blockchain.
In celebration of the new listings, the exchange is holding a ‘1% payback event’. The event started on 30th May at 2pm and the deposit period for the event lasts until midnight of 1st June. Trading period is from the point of listing until midnight of 5th June. If an investor deposits and trades during the above period, he or she will receive a 1% of payback. The giveaway date for the payback is on 21st June.
In their announcement, Bithumb highlighted that the event is only applied to the deposit and trade of the two newly listed coins and payback will not be applied to the deposit and trade of KRW or other cryptocurrencies. However, they noted that users who deposit and transfer both will still be qualified for the event. Readers can check out Bithumb’s official website for more information on the event.
Meanwhile, Korean exchanges are still facing an unfavourable situation with lack of support from the government and banks. The upcoming release of examination results of Discretionary Regulations by the end of June is hoped to be the solution to the Korean cryptocurrency industry.