South Korea’s leading cryptocurrency exchange Bithumb has announced that it will add MyShell (Shell) to the South Korean victory (KRW) market.
Bithumb listing MyShell (Shell) in the KRW market
Transactions and Deposit Details
- Market: KRW
- Network: Ethereum (Deposits from other networks are not supported)
- Deposit/withdrawal start time: Within 4 hours of this announcement
- Transaction start time: February 28, 2025, 18:00
- Reference price: 870 KRW
- Deposit confirmation requirements: 33 confirmation
What is MyShell?
MyShell is a decentralized AI consumer group that connects consumers, creators and open source researchers. The platform’s native token, Shell strengthens the ecosystem by providing access to premium features, supporting content creators and encouraging payments.
Safe Market Trade Restrictions
To ensure a safe trading environment, the following restrictions apply at the start of a shell trading:
- Purchase Limit: Purchase orders will be void for the first 5 minutes after trading begins.
- Sales Limitations: For the first 5 minutes, sales orders cannot be placed at a price 10% below or 100% above the reference price.
- Auto-order: Auto-trading is only active after the first transaction is executed.
Deposit and withdrawal rules
- Deposits and withdrawals are supported only with certified virtual asset exchanges complying with travel rules regulations.
- Deposits made from unsupported exchanges will not be processed and may take a long time to return.
- Users trading on restricted exchanges may face restrictions pursuant to Bithumb’s terms and conditions.
Investment risks and things to consider
- Cryptocurrencies are high-risk assets, and investors can suffer partial or complete losses of capital.
- Investors are solely responsible for their own trading decisions and should carefully review the project’s prospectus and website before investing.
*This is not investment advice.
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