Bithumb, one of South Korea’s leading cryptocurrency exchanges, has announced the listing of Zircuit (ZRC) on its KRW market, leading to a massive surge in the market value of $ZRC.
Bithumb Lists ZRC
According to the official announcement, deposits and withdrawals for ZRC will commence within two hours of the notice being posted. Trading for ZRC is scheduled to begin at 4:00 PM on Monday, January 13, 2025.
🚀 저킷(#ZRC) 원화 마켓 추가 안내
New Listing : $ZRC will be added to the KRW market today.For more details 👉 https://t.co/JDkXntJ48w#bithumb #Listing #KRWmarket #ZRC @ZircuitL2 pic.twitter.com/jHv1AQhQod
— Bithumb (@BithumbOfficial) January 13, 2025
The base price for ZRC has been set at 98.79 won, with 33 deposit confirmations required to secure transactions. In its official notice, Bithumb emphasized that ZRC is supported exclusively on the Zircuit network, and deposits via other networks will not be supported.
To ensure a secure trading environment, Bithumb has implemented several restrictions for ZRC during its initial trading period. Thus, buying orders are restricted for the first five minutes after trading begins. Selling orders are also restricted for five minutes after trading begins at prices less than -10% or more than +100% of the base price. Lastly, automated orders will only be available after the first transaction following the start of trading.
Zircuit ($ZRC) Market Value
Following the listing announcement, Zircuit ($ZRC) rose by 9.75% to $0.07441. The 24-hour market volume for ZRC also surged by 55.05%, reaching $45.25 million. The market cap of ZRC remains strong at $111.1 million.
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