Bithumb, a cryptocurrency trade primarily based in South Korea, has launched Lighter ($LIT) Property that may be traded within the Korean Received (KRW) market.
In response to a inventory trade announcement, $LIT It is going to be traded on the KRW market at 7pm at the moment.
In response to the announcement, the following deposit and withdrawal transactions will probably be $LIT It begins inside two hours of the notification being issued. It was highlighted that it was the one community supported. $LIT is Ethereum and transfers over different networks are usually not supported.
Bithumb additionally introduced that 33 block confirmations will probably be required. $LIT deposit. The usual worth for the token to enter the KRW market was introduced to be 2,383 gained.
lighter ($LIT) is described as a decentralized perpetual futures trade constructed on a zero-knowledge rollup structure, aiming for the velocity and ease of use of a centralized trade with a CLOB (Central Restrict Order Guide) mannequin.
The trade introduced that it’s going to prohibit purchase orders throughout the first 5 minutes after itemizing to make sure a secure buying and selling surroundings. For promote orders, orders can’t be positioned outdoors the required worth vary for the primary 5 minutes. Order varieties apart from restrict orders may also be briefly disabled for roughly the primary two hours.
Mr. Bithumb reminded buyers that crypto belongings contain excessive dangers and inspired them to undertake threat administration practices.
*This isn’t funding recommendation.
