Bitcoin Exchange Bithumb Announces It Will List This Altcoin on Its Spot Trading Platform! Here Are the Details

South Korea’s leading cryptocurrency exchange Bithumb has announced that Ethena (ENA) will be added to the KRW trading market, with trading set to begin at 9:00 PM on February 25, 2025.

Bithumb to List Ethena (ENA) on KRW Market

ENA Transaction Details

• Supported Market: KRW Market
• Supported Network: Ethereum (Deposits from other networks are not supported)
• Deposit/Withdrawal Start: Within three hours after announcement
• Transaction Start: February 25, 2025, 21:00
• Starting Price: 536 KRW
• Deposit Confirmation Requirement: 33 confirmations

Ethena (ENA) Airdrop Event

Bithumb is also launching an ENA airdrop event for traders. Users who trade ENA for two consecutive days will be eligible for rewards. More details about the airdrop will be provided separately.

To ensure fair trading, Bithumb has introduced temporary restrictions:

• Buy Orders: Restricted for the first 5 minutes after trading starts.
• Sell Orders: Limited to -10% to +100% of the starting price for the first 5 minutes.
• Automatic Orders: Available only after the first trade is completed.

Deposit and Withdrawal Instructions

Bithumb has emphasized compliance with Travel Rule regulations, meaning deposits and withdrawals are only supported between approved virtual asset service providers (VASPs).

Funds sent from unlisted exchanges may not be credited and unapproved deposits may take a significant amount of time to be refunded.

Additionally, erroneous deposits can only be reversed according to pre-announced policies, so users are advised to carefully check their deposit addresses and networks before transferring assets.

*This is not investment advice.