NEAR, one of the oldest altcoins, and AIOZ, a mid-cap AI cryptocurrency, have been added to the list of supported assets on the dominant Korean crypto exchange.
NEAR, one of the oldest altcoins, and AIOZ, a mid-cap AI cryptocurrency, have been added to the list of supported assets on the dominant Korean crypto exchange.
NEAR, AIOZ now available for KRW traders on Bithumb
According to the official statement According to his team, Bithumb, the second largest cryptocurrency exchange in the Korean market, has added two new cryptocurrencies to its KRW markets. Trading of the NEAR/KRW and AIOZ/KRW pairs will be operational today, May 7, 2024.
Today both deposits and withdrawals will also be activated in two new pairs. For the AIOZ cryptocurrency, deposits are available on the Ethereum (ETH) blockchain.
To protect traders from increased volatility, the price dynamics of new pairs will be limited to five minutes after the start of trading: users will not be able to buy NEAR or AIOZ cheaper than 10% below their price default initial and more. more than double the initial price.
Additionally, some limitations will apply to the use of limit orders and API-based automated trading instruments.
Bithumb is one of the largest cryptocurrency exchanges in the Korean crypto market. It supports fiat trading with Korean won and is ranked in the top 25 CEX by trading volume, with $500 million processed in 24 hours.
NEAR rises 5.6% after the announcement
Following the listing notification by the team, both assets increased in value. NEAR price skyrocketed from $7.3 to over $7.75, adding over 5.6%.
AIOZ demonstrated a more impressive rise, jumping from $0.73 to $0.9 and hitting monthly highs again despite the overall paleness of market performance.
Today its capitalization stopped one step away from joining the billion-dollar club. AIOZ is among the top 10 AI cryptocurrencies by market cap.
AIOZ is a Web3 DePIN network that combines the benefits of the Ethereum (ETH) and Cosmos (ATOM) ecosystems to address AI and ML use cases.
