2025-03-11 11:26

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# Bithumb Announces Support for Elixirs (ELX) Korean Won Market Trading
Bithumb, a prominent cryptocurrency exchange, announced on the 11th that it will support Korean Won (KRW) market trading for Elixir (ELX). Trading is set to commence at 4 PM on March 11, 2025. Deposits and withdrawals will be available within two hours from the announcement, and the supported network for these transactions is Ethereum. However, deposits through other networks will not be supported.
# Trading Specifications
- Supported Market: KRW Market
- Supported Network: Ethereum
- Deposit/Withdrawal Availability: Within two hours of the announcement
- Trading Start Time: 4 PM, March 11, 2025
- Initial Price: To be determined
- Deposit Confirmation Count: 33
# Trading Restrictions
To provide a secure trading environment, Bithumb will enforce certain order restrictions upon the initial support of trading:
- Buy Orders: Limited for the first five minutes after trading begins
- Sell Orders: Restricted to prices within -10% below and +100% above the initial price for the first five minutes
- Automated Orders: Allowable after the completion of the first transaction
# Important Considerations for Deposits and Withdrawals
In compliance with the Travel Rule, deposits and withdrawals are only possible through cryptocurrency exchanges supported by Bithumb. Deposits made through unsupported exchanges will not be reflected and may take time to return to the sender. Additionally, transactions through exchanges designated as restricted by Bithumb may be subject to limitation according to the terms of use.
Users are advised to verify the address structure and network of the asset before depositing. In case of incorrect deposits, actions will be taken according to Bithumb's mis-deposit handling policy.
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