Bithumb Lists AMP on KRW Market, Expanding Trading Options for South Korean Users
Bithumb has announced the addition of AMP to its Korean won (KRW) trading market, further expanding its digital asset offerings.
Trading for AMP is set to commence at 4:00 PM KST on Friday, April 4, 2025, with a base price of 5.091 won. This follows the recent listing of Bubble Maps (BMT), which went live on March 18, 2025, at a base price of 211 won.
AMP, an Ethereum-based token, plays a crucial role in securing transactions on the Flexa network, facilitating fast and reliable crypto payments. Users can stake AMP to enhance network stability while earning rewards, reinforcing its real-world payment utility. Meanwhile, BMT operates on the Solana network, with deposits requiring 20 confirmations. To encourage trading activity, Bithumb has launched a BMT airdrop event, rewarding users who trade BMT for two consecutive days.
Deposits and withdrawals for AMP will be available within two hours of the announcement, requiring 33 block confirmations. However, Bithumb has clarified that only Ethereum network transactions are supported, and deposits from other networks will not be processed. Similarly, in adherence to the Travel Rule, both AMP and BMT transactions must be conducted through Bithumb-supported exchanges. Transfers from unlisted platforms may result in significant delays or irrecoverable funds.
To ensure market stability, Bithumb has introduced temporary trading restrictions for AMP. Buying orders will be restricted for the first five minutes after trading begins, while sell orders cannot be placed at prices lower than 10% below or more than 100% above the base price. Automated trading orders will only be enabled after the first successful transaction.
As part of its investor protection measures, Bithumb has issued a cautionary note on the risks of cryptocurrency investments. The exchange emphasized that digital assets carry significant financial risks and urged traders to review project details, including white papers and official websites, before making investment decisions. Additionally, newly registered users may face temporary restrictions on deposits and withdrawals, with possible account verification requirements.
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