Bithumb, one of South Korea’s largest crypto currency exchanges, has listed a new Altcoin today. According to the official announcement of the stock market on February 19, Gnosis (Gno) started to process in the morning today. After the development of the Altcoin GNO price of 20 percent of the rise in the rise.
Altcoin listing from Bithumb: Price rose
Bithumb, one of South Korea’s largest crypto currency exchanges, listed a new subcoin on the platform. According to today’s announcement of the stock market, Gnosis (GNO) started to be traded today as of 09.00. In a statement made by Bithumb, GNO deposit operations can only be carried out through the Ethereum network. It was also warned that users do not transfer from different networks. In addition, the GNO’s South Korean Won (KRW) parity was opened and investors can now make purchases and sells in the GNO/KRW trading pair.
As a Ethereum -based infrastructure provider, Gnosis holds an important place in the decentralized finance ecosystem. The project, which was established in 2015, draws attention with its solutions especially for estimated markets, smart contracts and decentralized autonomous organizations (DAO). Gnosis allows its users the opportunity to make over -chain governance and market forecasts, while at the same time offers a high -security trading environment on the Ethereum network.
The Gno Token is used for various purposes such as governance rights and liquidity in the Gnosis ecosystem. In recent years, the increasing interest in defi projects has led to significant changes in GNO’s market value.
South Korean market affects prices
South Korea is known as one of the countries with an important position in the global crypto currency market. Due to the strict regulatory frame in the country, the subcoins listed in South Korean -based stock exchanges are often met with high investor interest. Listing on large stock exchanges such as Bithumb can cause rapid increases in the volumes and prices of the related assets. Because a similar effect was seen after the GNO announcement by Bithumb. According to market data, the GNO price with the listing news is traded for $ 190 with an increase of 15 %.
