Bithumb to List Modular Blockchain Project ZeroG (0G) on KRW Market

Bithumb, one of South Korea's largest and most reputable cryptocurrency exchanges, has officially announced its plan to list ZeroG (0G), a next-generation modular blockchain project focused on enhancing AI-driven data availability. The listing will take place on Bithumb's KRW trading market, with trading slated to begin on October 22.

To facilitate user participation, deposits and withdrawals for ZeroG (0G) will become active within a five-hour window following the initial announcement. Interested investors should note that ZeroG (0G) trading will officially go live at 7 p.m. KST on October 22. However, the platform strongly underscores that deposits must be made exclusively through the mainnet network to avoid asset loss. Any deposits made via other networks will not be recoverable. Deposits will require a minimum of 20 block confirmations before being processed.

Initial Trading Restrictions to Ensure Market Stability

To maintain a stable and orderly trading environment during the immediate launch period, Bithumb will implement initial trading restrictions. These measures aim to reduce volatility and mitigate risks associated with sudden price fluctuations.

• Five-Minute Buy Order Suspension: During the first five minutes of trading, placing buy orders will be prohibited. This restriction ensures market stability by preventing speculative buying that could lead to excessive initial price swings.
• Price Range Limitations: For the same initial period, sell orders will be restricted if they fall outside the specified range of -10% to +100% relative to the reference price. This mechanism ensures that prices remain aligned with rational market values.
• Limit Orders Only: No market orders will be available during the first two hours of trading. Instead, participants will be limited to using limit orders, providing an added layer of control for traders as they navigate opening-market conditions.

These restrictions are designed to mitigate volatility while allowing the market to stabilize before full-fledged trading activity begins.

Understanding the Risks: Bithumb Issues Investor Advisory

As part of its continuous efforts to educate and protect its users, Bithumb has emphasized the inherent risks associated with cryptocurrency investments. The exchange issued a clear advisory in its announcement, urging traders and investors to exercise due diligence before engaging with ZeroG (0G) or any other crypto asset.

"Cryptocurrencies are high-risk assets that may result in partial or total loss of investment capital. Responsibility for investment decisions lies solely with the individual," Bithumb stated. It also strongly encouraged potential investors to consult key resources—such as the project’s official website, whitepaper, and other relevant documentation—to gain a comprehensive understanding of ZeroG (0G) and assess its viability.

Before diving into the market, users should weigh the speculative nature of cryptocurrencies along with their own risk tolerance to make informed investment decisions.

Stay Informed with Reliable Cryptocurrency News

For those who wish to stay updated on ZeroG (0G) developments and the latest news in the cryptocurrency space, Block Media provides reliable resources. Follow Block Media on Google News for breaking headlines or join the Block Media Telegram Channel for direct updates and insights into the ever-evolving crypto market.