Bithumb Lists Infinite(IN), Doodles(DOOD), and Yield Basis(YB) on KRW Market with Limited Fee Waiver

Bithumb, a leading cryptocurrency exchange in South Korea, has announced the addition of three new cryptocurrencies—Infinite(IN), Doodles(DOOD), and Yield Basis(YB)—to its Korean Won (KRW)-denominated trading market. The listing event features fee-free trading for these assets until 10 a.m. on October 20, providing traders with an exciting opportunity to engage without incurring transaction costs.

Trading Launch and Deposit Availability

According to Bithumb's official statement, Infinite(IN) and Doodles(DOOD) will be available for trading at 4 p.m. on October 17, while Yield Basis(YB) trading will commence an hour later at 5 p.m. Investors who wish to deposit any of these assets can do so within three hours following the announcement, ensuring seamless integration into the market.

This opportunity allows early adopters to position themselves ahead of potentially increased market activity while benefiting from reduced trading costs during the promotional window.

Cryptocurrency Trading Details

Infinite(IN)

Infinite(IN), originating on the Ethereum blockchain, is supported exclusively through the Ethereum network, and deposits made via alternative networks will not be processed. The trading reference price upon launch is set at KRW 244, offering a competitive entry point for investors looking to diversify their portfolios.

Doodles(DOOD)

Doodles(DOOD) is a Solana-powered blockchain project that similarly limits deposits strictly to the Solana network. The cryptocurrency enters the exchange with a trading reference price of KRW 9,675. This high-visibility project could attract substantial interest among users drawn to Solana-based innovations.

Yield Basis(YB)

Yield Basis(YB) leverages the Ethereum network and has an initial trading reference price of KRW 793. Ethereum-based deposits for YB require 33 confirmations, ensuring robust security measures while processing transactions. YB's listing marks another milestone for Ethereum users seeking next-generation investment opportunities.

Fee-Free Promotion Period Details

To celebrate the listing of Infinite(IN), Doodles(DOOD), and Yield Basis(YB), Bithumb has implemented a limited fee-free trading period, lasting until 10:00 a.m. on October 20. During this promotional timeframe, traders can enjoy zero fees when executing transactions with these cryptocurrencies.

While the absence of fees adds significant appeal, Bithumb has outlined key exclusions: trading volumes during this period will contribute to membership-level calculations, but traders will not earn trading points or maker rewards for these transactions.

It’s worth noting that orders placed during the fee-free period may still incur regular trading fees if executed after the end of the promotion. Therefore, investors are encouraged to carefully monitor execution times to avoid unexpected charges once the waiver expires.

Strategic Insights for Investors

The listing of Infinite(IN), Doodles(DOOD), and Yield Basis(YB) signals Bithumb's continuous expansion of tradable assets and commitment to offering diverse investment options tailored to varying blockchain ecosystems. Investors should take advantage of the fee-free window to gain exposure to these projects while minimizing costs.

As each cryptocurrency operates on distinct networks—Ethereum and Solana—users are advised to confirm proper deposit protocols to avoid delays or complications. Additionally, paying close attention to the trading schedules and fee waiver expiration is key for optimizing trader experience.

By introducing this fee waiver and robust listing structure, Bithumb fosters greater accessibility for both seasoned traders and newcomers, ultimately fortifying its position within South Korea’s cryptocurrency market landscape.

Conclusion

Bithumb's addition of Infinite(IN), Doodles(DOOD), and Yield Basis(YB) reinforces its role as an innovative leader in the cryptocurrency exchange space. The listing not only broadens investment opportunities but also promotes user engagement through a fee-free trading initiative.

Investors eager to capitalize on this offering should act promptly during the promotional period, ensuring compliance with deposit requirements and timing trades effectively. With these listings, Bithumb continues to pave the way for accessible, high-quality crypto investment options for the South Korean market.