Bithumb Supports Orbit Finance (OBT) Trading in KRW Market

2025-03-14 14:19
BLOCKMEDIA
Block Media
Bithumb Supports Orbit Finance (OBT) Trading in KRW Market

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# Bithumb to Add Orbiter Finance (OBT) to KRW Market Bithumb, a leading Korean cryptocurrency exchange, announced the addition of Orbiter Finance (OBT) to its KRW market. Trading will commence on March 14, 2025, at 6:00 PM KST. Trading support for OBT will be available exclusively on the Arbitrum One network, with no deposits accepted from alternative networks. Deposit and withdrawal services are slated to begin within two hours from the announcement. The initial price for OBT is set at 26.34 KRW, with 30 confirmations required for deposits. # Trading Restrictions and Precautions To ensure a safe trading environment, several restrictions will be in place upon the initiation of OBT trading. Buying orders will be restricted for the first five minutes of trading. Sell orders will be limited to within -10% below and +100% above the reference price. Automated orders will be enabled following the first executed trade. Additionally, in compliance with the Travel Rule, deposits and withdrawals are restricted to cryptocurrency exchanges that Bithumb supports. Assets deposited from unsupported external exchanges will not be reflected and may require additional time for returns. Restrictions may occur with deposits, withdrawals, and trading through identified restricted exchanges. # Investment Precautions Cryptocurrencies are high-risk investment products, and potential losses can occur. Investors are solely responsible for their investment decisions and should refer to the project’s website and whitepaper for detailed information prior to trading. On the day of the OBT market addition, charts will display the starting price as the reference price, not the first executed trade price. New members who registered within seven days prior to the announcement may face deposit and withdrawal restrictions and may be required to undergo additional verification processes.
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