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South Korea's Bithumb Exchange Lists Osmosis (OSMO) Coin, Announces Price Volatility at Listing

2023/12/26 10:20

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Bithumb's OSMO Listing

South Korea's Bithumb, the country's second most popular crypto exchange, recently unveiled the addition of a new altcoin, Osmosis (OSMO), into its repertoire. The coin will be available specifically on the Korean Won market, marking a significant expansion in Bithumb's offerings.

The inclusion of Osmosis (OSMO) brings support to the Osmosis (Mainnet) network. However, it's crucial to note that deposits made via other networks will not be accommodated, emphasizing the exclusivity of this listing.

Scheduled for Tuesday, December 26, 2023, the deposit initiation commences at 08:00, with transaction and withdrawal services following suit at 09:00 on the same day. The initial base price set for OSMO stands at 2,015 KRW, initiating a phase of anticipated price fluctuation.

Additionally, in conjunction with the new listing, Bithumb is set to kickstart an airdrop event. Traders engaging with OSMO on the platform will receive ETH based on their trading activity, fostering further engagement within the Bithumb ecosystem.

Osmosis (OSMO) is a platform defined as an appchain DEX, leveraging the Cosmos SDK. The developers tout the platform as a versatile liquidity hub empowering users to establish personalized liquidity pools, thereby creating an enhanced and tailored trading atmosphere for various assets.

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