South Korea's leading cryptocurrency exchange Bithumb has announced the addition of Renzo (REZ) to the KRW market. Trading is set to begin on April 1, 2025.
Renzo (REZ) Transaction Support
Bithumb adds support for Renzo (REZ) in the Korean Won (KRW) market. Supported network is Ethereum, deposits via other networks are unavailable. Deposits and withdrawals start within 2 hours post-announcement, with trading beginning on April 1, 2025, at 16:00 local time. The base price is set at 24.73 KRW. 33 deposit confirmations are required.
Renzo (REZ) Airdrop
Bithumb also hosts airdrop events for Renzo (REZ). To participate, users must trade for 2 consecutive days. More details can be found in the Bithumb announcement.
What is Renzo (REZ)?
Renzo Protocol manages re-staking on EigenLayer and aims to offer users higher returns than native ETH staking. REZ tokens are used for staking and rewards, and users can deposit ETH and operate their own Ethereum network nodes. The main goal of the Renzo protocol is to provide a more efficient environment for users to re-stake and receive additional rewards.
The addition of Renzo (REZ) to the Bithumb platform offers new opportunities for users looking to optimize their investments in the Ethereum network.
