News

Bithumb Bolsters KRW Fiat Pairings With APE, RNDR and FTM Tokens

Key Points:

  • South Korean exchange Bithumb to list Apecoin (APE), Render Token (RNDR), and Fantom (FTM) on its platform, offering opportunities for diversification and growth.
  • This move reflects Bithumb’s ongoing efforts to expand its offerings and increase trading options, solidifying its position in the market.
  • Apecoin, Render Token, and Fantom have all gained significant traction in the crypto space and offer exciting potential for investors and traders. Apecoin focuses on DeFi solutions, Render Token powers the Render Network, and Fantom is designed for high-performance smart contracts and decentralized applications (dApps).
South Korean cryptocurrency exchange Bithumb has recently revealed its plan to list three prominent digital assets on its platform.

The exchange announced the inclusion of the Korean won fiat currency market for Apecoin (APE), Render Token (RNDR), and Fantom (FTM). The trading for these tokens is scheduled to commence precisely at 4:00 pm on Tuesday, July 18, 2023.

The addition of Apecoin, Render Token, and Fantom to Bithumb’s roster reflects the exchange’s ongoing efforts to expand its offerings and cater to a broader range of investment preferences. By including these promising cryptocurrencies, Bithumb aims to provide its users with enhanced opportunities for diversification and potential growth.

While Bithumb’s trading volume is currently about one-tenth the size of Upbit, South Korea’s largest cryptocurrency exchange, this listing announcement signals the exchange’s intention to further solidify its position in the market. Bithumb has consistently demonstrated its commitment to adapt to evolving market trends and customer demands, and this latest move is a testament to its proactive approach.

Apecoin (APE), Render Token (RNDR), and Fantom (FTM) have all gained significant traction in the crypto space, attracting attention from investors and enthusiasts alike. Apecoin focuses on decentralized finance (DeFi) solutions, while Render Token powers the Render Network, which offers distributed GPU rendering services. Fantom, on the other hand, is a platform designed for high-performance smart contracts and decentralized applications (dApps).

As trading for these tokens goes live on Bithumb, investors will have the opportunity to engage in a seamless and secure trading experience. The exchange’s robust infrastructure and stringent security measures provide users with confidence in their transactions.

The addition of the Korean won fiat currency market for Apecoin, Render Token, and Fantom on Bithumb reinforces South Korea’s growing interest in the cryptocurrency sector. It presents an exciting opportunity for both seasoned traders and newcomers to tap into the potential of these innovative digital assets.

With Bithumb’s latest move to diversify its offerings and increase trading options, the exchange is poised to attract a larger user base and strengthen its position in the competitive South Korean crypto market. As the trading for Apecoin, Render Token, and Fantom goes live, the crypto community eagerly awaits the outcomes and potential opportunities these listings will bring.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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