South Korea's leading cryptocurrency exchange Bithumb has announced the addition of Ethena (ENA) to the KRW trading market, with trading set to start on February 25, 2025.
ENA Transaction Details
Supported Market: KRW Market. Supported Network: Ethereum (Deposits from other networks are not supported). Deposit/Withdrawal Start: Within three hours after announcement. Transaction Start: February 25, 2025, at 9:00 PM. Starting Price: 536 KRW. Deposit Confirmation Requirement: 33 confirmations.
Ethena (ENA) Airdrop Event
Bithumb is launching an ENA airdrop event for traders. Users who trade ENA for two consecutive days will be eligible for rewards. More details about the airdrop will be provided separately. To ensure fair trading, Bithumb has introduced temporary restrictions: Buy Orders are restricted for the first 5 minutes after trading starts. Sell Orders are limited to -10% to +100% of the starting price for the first 5 minutes. Automatic Orders are available only after the first trade is completed.
Deposit and Withdrawal Instructions
Bithumb has emphasized compliance with Travel Rule regulations, meaning deposits and withdrawals are only supported between approved virtual asset service providers (VASPs). Funds sent from unlisted exchanges may not be credited, and unapproved deposits may take a significant amount of time to be refunded. Additionally, erroneous deposits can only be reversed according to pre-announced policies, so users are advised to carefully check their deposit addresses and networks before transferring assets.
The announcement of Ethena's listing on Bithumb reflects increasing interest in the new cryptocurrency on global exchanges.