Bithumb Welcomes Aster (ASTER) to KRW Market with Zero Trading Fees

Bithumb, a leading cryptocurrency exchange in South Korea, has announced the listing of Aster (ASTER) on its Korean Won (KRW) trading market. The listing is set to go live on October 10 at 7 p.m., marking a significant addition to the platform’s growing asset portfolio. Alongside the ASTER listing, Bithumb will support trading for the cryptocurrency starting at the same time.

To celebrate the listing, Bithumb is launching a special promotional event that waives all transaction fees for Aster (ASTER) trades. Users will benefit from zero trading fees during this fee-exemption period, which runs from October 10 at 7 p.m. to October 13 at 10 a.m., providing an attractive incentive for early trading activity.

Deposits and withdrawals for Aster (ASTER) were promptly made available shortly after the listing was announced. Transactions for ASTER are facilitated via the Binance Smart Chain (BSC). Bithumb has clarified that only deposits made through BNB Smart Chain (BSC) are supported, and transfers through other blockchain networks will not be processed.

The initial listing price of Aster (ASTER) is set at 2,395 Korean Won. For successful deposits, users must complete a minimum of 15 blockchain confirmations, ensuring secure processing of transactions.

Measures to Ensure Stable Trading Conditions

To maintain a fair and stable trading environment for ASTER’s introduction, Bithumb has implemented a series of restrictions during the early trading period. For the first five minutes after trading opens, buy orders will be temporarily restricted, allowing the market to adjust smoothly. In addition, sell orders placed outside the range of -10% to +100% of the benchmark listing price will not be permitted during this initial phase.

Further measures include limiting trading activity to limit orders only for the first two hours following ASTER’s listing. These provisions aim to mitigate extreme price volatility and ensure a controlled market debut for the new asset.

Important Advisory on Fee-Free Promotion and Investment Risks

Bithumb has issued important clarifications regarding the fee-free trading promotion. The exchange noted that standard transaction fees will apply to any orders placed during the promotional period but settled after the fee-free event ends. Users are advised to plan their trades accordingly to avoid unexpected fees.

In addition to operational updates, Bithumb strongly emphasizes the importance of responsible investing in cryptocurrency. It warned that virtual assets, including ASTER, are inherently high-risk products and could lead to substantial or total losses of investment capital. The exchange encourages users to conduct exhaustive research before trading, advising potential investors to carefully review the project’s whitepaper and other related documentation.

As part of its commitment to user protection, Bithumb underscores the need for informed decisions and responsible trading practices, reiterating the volatile nature of the cryptocurrency market.

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