Bithumb, one of South Korea’s largest cryptocurrency exchanges, made headlines today with news of a critical listing. Bithumb’s listing announcement involved two altcoins – PEAQ coin and VANA – which jumped after the announcement. Meanwhile, there is also news of various listings on other exchanges. Here are the details
Bithumb listing benefits PEAQ coin and VANA
Bithumb, South Korea’s second largest cryptocurrency exchange, announced that it will add two new altcoins to its platform. In the South Korean market, Bithumb’s listing decision for peaq (PEAQ) and Vana (VANA) attracts attention. For PEAQ coin deposits, only the PEAQ network will be available, while for VANA deposits, only the VANA network will be available. So, it is worth being careful not to transfer from another network. Details of the coins and their price changes can be found in the list below:
- Peaq is a layer-1 blockchain that powers the Machine Economy. It is designed to power Decentralized Physical Infrastructure Networks (DePINs) and the billions of devices, robots and vehicles (RWAs) that run on them. At launch, peaq hosts more than 50 DePINs across more than 20 industries. Following the Bithumb announcement, the coin jumped over 30 percent. At the time of writing, it is changing hands at $0.71.
- Vana is an EVM-compliant layer-1 blockchain network that enables users to transform their personal data into financial assets by aggregating private datasets for AI model training. VANA is changing hands at $ 16.8, up about 10 percent at the time of writing.
What are the other exchange listings?
Meanwhile, there have been some announcements from other cryptocurrency exchanges. As is known, token listing increases liquidity and market exposure. When listed on major exchanges, trust and credibility are built. Listing provides opportunities for price discovery and adoption. A thorough vetting process and regulatory compliance are crucial for a successful listing. Therefore, listing news is closely monitored. Other listings for today are as follows:
- Verasity (VRA): On January 2, 2025, Verasity (VRA) will be listed. The coin will be traded on the BTSE platform with the VRA/USDT trading pair. The exchange will list the coin at 11:00 a.m. Turkish time.
- Pangolin (PNG): Pangolin will list on the CoinW platform on January 2, 2025 at 11:00 a.m. Turkish time with the PNG/USDT trading pair.
- LORDS (LORDS): On January 2, 2025, LORDS will begin trading on the MEXC Global platform. The exchange will list the LORDS/USDT trading pair at 14.00 Turkish time.
- Bitget (FUEL): On January 2, 2025, Bitget will launch U-based FUEL perpetual futures contracts with 20x leverage at 14.00 Turkish time. A contract trading BOT will also be opened simultaneously.
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