Cryptocurrency Pump (PUMP) to Begin Trading on Bithumb KRW Market from April 22

Bithumb, a leading South Korean cryptocurrency exchange, has announced the listing of Pump (PUMP) on its Korean Won (KRW) market starting April 22, 2025, at 6 p.m. KST. Pump will support deposits and withdrawals exclusively via the BNB Smart Chain network, with no compatibility for other networks. The initial trading price is set at 249 KRW.

Deposits and withdrawals for Pump (PUMP) are expected to start within two hours of the official announcement. The required number of deposit confirmations is set at 15. It's noteworthy that Pump (PUMP) is known as ‘PumpBTC’ on certain international exchanges, so users should be careful to avoid confusion.

Transaction Restrictions and Trading Guidelines

To ensure secure trading at launch, Bithumb has implemented the following conditions immediately after trading begins:

• Buying will be restricted for the first five minutes after trading starts.
• Sell orders placed at prices below 10% of the base price or over 100% of the base price will not be permitted.
• Automatic orders will only be allowed after the first trade is executed.

Additionally, in line with the Travel Rule compliance framework, deposits and withdrawals for Pump (PUMP) will be possible only through global virtual asset service providers (VASPs) designated by Bithumb. Deposits from external wallets or exchanges not on the approved list will not be processed and may face significant delays in being returned. Engaging with unregistered VASPs could result in restricted account access or other limitations.

Due Diligence Before Investing

Bithumb emphasized, “Cryptocurrencies are high-risk products, and investors must take full responsibility for their own investment decisions and potential losses.” The exchange advises users to thoroughly review project details, such as the official website and whitepaper, before proceeding with trades.

The initial chart price in the market on listing day will reflect the base price (249 KRW) rather than the first executed trade price.

For users who opened accounts within the last seven days as of the announcement date, there may be restrictions on deposits and withdrawals, account suspension, or additional verification requirements.

Investors are reminded to exercise caution and conduct extensive research prior to trading cryptocurrencies due to their inherent volatility and associated risks.