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Bithumb to List MEGA on South Korean Won Market

According to Bithumb, trading for MEGA on the KRW market is scheduled to begin at 20:00 local time in South Korea.

Summary

Bithumb announced that it will add MEGA to its KRW market, giving users access to trade the token against the South Korean won. According to the exchange’s official notice, trading is expected to open at 20:00 local time in South Korea. A KRW market listing on a major domestic exchange can improve local accessibility and liquidity for a token by pairing it directly with the national currency.

Terms & Concepts
  • KRW market: A trading market where assets are priced and exchanged against the South Korean won, South Korea’s national currency.
  • Liquidity: The ease with which a digital asset can be bought or sold without causing large price movements.
  • Exchange listing: The process of adding a cryptocurrency token to a trading platform so users can buy and sell it.