Sonic SVM and AHT tokens get new market pairs on Bithumb

South Korea’s major exchange allows trading with SAFE KRW and KRW markets, emphasizing network-specific guidelines.

Bithumb, a leading cryptocurrency exchange based in South Korea, has introduced new trading pairs for Sonic SVM and AHT. AHT (AHT) will now be traded on the KRW market, while Sonic SVM (SONIC) will be traded on the SAFE KRW market.

Within three hours of the announcement, both tokens will be available for deposits and withdrawals. AHT trading on the KRW market will start at 14:00 KST, while SONIC trading on the SAFE KRW market will start at 16:00 KST. SONIC token operates on the Solana network while AHT uses the Luniverse network. Both tokens require 20 confirmations for deposit.

Bithumb initially implemented temporary trading limits to maintain market stability. During the first five minutes of trading, buy and sell orders are limited to a range between -10% and +100% of the reference price. Automatic orders are allowed only after the initial trade is completed.

The exchange also reminded users to follow its policies regarding deposits and withdrawals, emphasizing the importance of executing transactions through Bithumb-supported networks and exchanges. Deposits made through unsupported networks or exchanges may cause delays or require additional steps for resolution, complicating the process for users.

Founded in 2014 and based in South Korea, Bithumb is a cryptocurrency trading platform known for its wide range of digital assets and adherence to regulatory standards. However, the exchange has faced difficulties in recent months, including issues with XRP withdrawals. In December 2024, users experienced delays in XRP withdrawals due to a combination of increased transaction volumes and platform capacity limitations. These delays prompted Bithumb to reassure its users that the issue would be resolved and urged them to be patient while the platform worked through the backlog.

To avoid potential issues, users are advised to verify critical details such as network compatibility and reference pricing before initiating transactions. Considering the major risks associated with cryptocurrency trading, investors are strongly advised to conduct extensive research before making a decision. Any losses resulting from trading activities are entirely the responsibility of the user.