South Korea’s Leading Cryptocurrency Exchange Bithumb Adds Gnosis (GNO) to KRW Trading Marketplace

Bithumb Adds Gnosis (GNO) to KRW Market

Gnosis (GNO) Trading Support Details

• Supported Market: KRW (Korean Won)
• Supported Network: Ethereum (Deposits from other networks are not supported)
• Deposit/Withdrawal Start Time: Within two hours from this announcement
• Transaction Start Time: February 19, 2025, 15:00
• Reference Price: 240,700 KRW
• Deposit Confirmation Requirement: 33 confirmations

What is Gnosis (GNO)?

Gnosis is a blockchain infrastructure and application platform designed for an open internet. The project operates its own blockchain network, Gnosis Chain, and manages several subprojects under Gnosis Studios covering areas such as payments and authentication.

Important aspects of Gnosis are:

• Gnosis VC: Investing in early-stage blockchain projects
• Gnosis DAO: A decentralized governance model
• Utility Token (GNO): Used for staking and governance within the ecosystem

Trading Restrictions for Initial Listing

To ensure a safe trading environment, Bithumb will implement the following restrictions:

• Purchase restriction: No purchase orders will be placed during the first 5 minutes after the transaction starts.
• Sell restriction: Sell orders must be between -10% and +100% of the reference price during the first 5 minutes.
• Automatic trading restriction: Automatic orders can only be placed after the initial trade is completed.

> This is not investment advice.