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Good News: Hive Listed on Korean Exchange Bithumb

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Published: 20 Aug 2020 › Updated: 20 Aug 2020Good News: Hive Listed on Korean Exchange Bithumb

Good News: Hive Listed on Korean Exchange Bithumb

Good news: Today, one of the most influential South Korean exchange Bithumb has added Hive token.

HiveBithumbListing.png

In the last 6 years, Bithumb has well over 8 million registered users. The audience is primarily Korean (similar to Upbit). This listing has positively impacted Hive's price:

Pricehive.png

Few more important points:

  • Bithumb also released a 6-page Hive report (unfortunately, it is only in Korean).

  • To celebrate this listing, Bithumb is also offering free BTC and a commission coupon (which I believe is trading discount).

  • As mentioned here (in Korean), BTC will be airdropped to 100 users. The amount ranges from 0.12 BTC to 0.25 BTC.

  • Along with this, Bithumb is also offering 0.002 BTC to 200 people depositing at least 7000 Hive tokens. There will also be a coupon offering you 0.03% commission on trades.

Here are the details from the announcement:

Pricehive1.png

The supported pair right now is KRW (Korean Won) with close to $7 million trading volume.

Pricehive2.png

In the past, every listing has created volume and substantial price change — and then we see a pullback.

Overall, as this is a Hive/KRW pair, it will attract and activate several hundreds and thousands of traders.

Good times — especially with Hive hardfork around the corner.

Cheers,
Sid


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