George Miller
Bithumb, a prominent cryptocurrency exchange in South Korea, has revealed the inclusion of Aerodrome Finance (AERO) and Solve Protocol (SOLV) in its KRW market, leading to a significant rise in the value of AERO.
Bithumb Adds $AERO and $SOLV
에어로드롬 파이낸스(#AERO) 원화 마켓 추가 안내
New Listing : $AERO will be added to the KRW market today.For more details https://t.co/jwvY1izGkV
#bithumb #Listing #KRWmarket #AERO @AerodromeFi pic.twitter.com/XwSvqCW6Yp— Bithumb (@BithumbOfficial) January 24, 2025
As per the official statement, the deposit and withdrawal processes for both SOLV and AERO will start shortly after this announcement, with trading set to kick off at 3:00 PM on January 24, 2025.
The initial price for SOLV is established at 97.69 won, requiring 15 confirmations to process deposits. On the other hand, AERO is priced at 1,505 won, needing 200 confirmations. Bithumb notes that AERO operates solely on the BASE network, while SOLV functions on the BNB Smart Chain, and deposits via different networks will not be permitted.
To cultivate a secure trading atmosphere, Bithumb will enforce specific limitations during the opening trade phase for both $SOLV and $AERO. Buying transactions will be limited in the first five minutes after trading begins, alongside selling transactions constrained to prices that do not drop below -10% or exceed +100% of the base cost. Additionally, automated transactions will be activated only after the first trade is executed.
AERO’s Value Gains from Bithumb Listing
Subsequent to the listing news, AERO increased by 0.67% to reach $1.0304, with its 24-hour trading volume soaring by 99.9% to $74.52 million, resulting in a robust market cap of $777.91 million for AERO.
Contrarily, SOLV has experienced a decline of 8.36%, with its price now at $0.06737 and a 24-hour trading volume dipping by 5.40% to $160.34 million.
