South Korea’s leading crypto exchange Bithumb has officially announced the upcoming listing of Nexspace (NXPC) on its KRW Market. The move comes after Binance Alpha revealed it will be the first platform to feature NXPC, with trading set to begin on May 15th.
Starting May 13th, eligible users on Binance Alpha can claim their NXPC airdrop using Alpha Points via the Alpha event page, which will go live tomorrow with detailed activity rules.
Bithumb Lists Nexpace ($NXPC)
As per Bithumb’s announcement, deposit and withdrawal times for NXPC will be disclosed at a later date, along with the official start time for trading. The base price for NXPC is yet to be confirmed, but all deposits must complete 20 network confirmations to be validated. Trading will be supported exclusively through the Avalanche C-Chain, with deposits from other networks strictly not supported.
Nexspace (NXPC) is a metaverse infrastructure protocol focused on building interoperable digital ecosystems. The crypto project also aims to empower users with control over their digital identity, assets, and experiences in a decentralized metaverse ecosystem.
Bithumb has imposed several limitations during NXPC’s initial launch phase to make sure users can have stable and secure trading conditions. For instance, buying orders will be temporarily limited during the first five minutes after trading begins. Selling orders in the first five minutes must be within a range of -10% to +100% of the base price. Automated orders will only be allowed after the first successful transaction is completed.
As per the Travel Rule compliance, Bithumb has informed that NXPC deposits and withdrawals must go through approved crypto exchanges. Transactions sent from unsupported or restricted exchanges may be delayed or rejected, and funds sent via incorrect networks may take an extended period to return.
Users are urged to double-check the network type and wallet address when depositing NXPC. Bithumb has also reminded users to consult its Virtual Asset Deposit Processing Policy for guidance on safe handling.
As per its official site, Nexspace tokenizes (NXPC) the central issuance power of the virtual ecosystem through blockchain and distributes it to ecosystem contributors. Through this mechanism, NXPC plans to align the incentives of all users and build a sustainable economic ecosystem model.
Notably, Bithumb recently listed AI Sixteens (AI16Z) on its Won Market with exclusive Solana network support. Hours after the listing, AI16Z rose over 20%.
Also Read: Upbit, Bithumb Suspends $SNX Deposits Citing Korea’s Trading Warning
