South Korea’s leading cryptocurrency exchange, Bithumb, is set to list Ethena (ENA) on its Korean Won Market today.
Bithumb Lists Ethena ($ENA)
According to Bithumb’s official announcement, trading for Ethena (ENA) will officially begin at 6:00 PM on Tuesday, February 25, 2025.
Deposits and withdrawals will commence within three hours from the notice posting, with support only on the Ethereum network. As with previous listings, Bithumb has clarified that deposits through other networks will not be accepted.
The base price for Ethena has been set at 536 won, and traders are required to have 33 deposit confirmations before transactions are finalized.
In order to ensure a smooth and secure trading environment for Ethena, Bithumb has implemented several trading restrictions for the initial phase. Buyers will face restrictions for the first five minutes after trading begins, while selling orders during this period will be limited to prices between -10% and +100% of the base price. Automated orders will only be available following the first completed transaction post-launch.
Market Trends of Ethena ($ENA)
Ethena ($ENA), currently trading at $0.3805, has experienced a 7.49% dip in its market price.
Despite this recent decline, Ethena remains a significant player in the crypto market, with a market cap of $1.19 billion. Over the last 24 hours, the market volume for Ethena has surged by an impressive 46.38%, reaching $300.33 million.
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