Bithumb, one of the largest crypto currency exchanges in South Korea, added a new one to the lists of Altcoin. According to the latest announcement, Elixir (ELX) token officially began to be traded on the stock market. While this development was an important turning point for ELX investors, it led to a remarkable mobility in the market. While there is a significant increase in the price after the listing, the AirDrop event initiated by Bithumb aims to increase investor interest.
BITHUMB announced its subcoin listing
Bithumb, one of the leading crypto currency exchanges of South Korea, has a new subcoin listing. According to the official announcement made on March 11, Elixir (ELX) began to be traded on the stock exchange as of today. In a statement made by Bithumb, ELX will only be open to deposit operations over the Ethereum (ETH) network, while the users will not be supported on a different network. It was also stated that it would be possible to process ELX/KRW parity.
After the listing, it was announced that the stock market restricted the purchase orders for the first five minutes to provide a secure trade environment. In addition, it was reported that the starting price of sales orders was prevented from giving orders at a price of 10 %and 100 %.
Elx price jumped
Elixir (ELX) was developed as a DPOS -based network with modular structure. The project is designed to provide liquidity between decentralized stock exchanges (Dex), while it can be used in different ecosystems with cross chain compatibility. Elixir, who integrates more than 30 -decentralized stock exchange, also stands out with its local token Elx, which also gives its investors the right to manage.
With Bithumbal listing, a significant increase in ELX price was observed. According to market data, ELX rose to $ 0.42 during the day and reached up to $ 0.7. During the publication of the news, it is traded for $ 0.552 with a 24 percent increase. Bithumb has launched an AirDrop event that will last for 3 days with the Elx listing. Users will have the opportunity to earn additional ELX Token by performing ELX for three days. This event is expected to increase the adoption of the token.
