u.today
Chinese crypto blogger and journalist Colin Wu has shared the news that South Korean crypto exchanges continue to expand crypto utility and crypto-fiat bridges by adding new crypto-fiat pairs for traders to use.
Now, South Korean exchange Bithumb has added three tokens – $APE, FTM and RNDR – to trade them against the Korean Won (KRW). Wu reminded his followers from the crypto community that even though Bithumb is a large exchange, a trading volume of merely one-tenth of Upbit (the largest Korean exchange) passes through it.
South Korean exchange Bithumb announced the listing of the Korean won fiat currency market for Apecoin ($APE), Render Token (RNDR) and Fantom (FTM). Trading will begin at 4:00 pm on Tuesday, July 18, 2023. Bithumb’s trading volume is about one-tenth that of Upbit, South Korea’s…
— Wu Blockchain (@WuBlockchain) July 18, 2023
ApeCoin ($APE) and Render Token (RDNR) are based on the Ethereum network; Fantom (FTM) has its own mainnet.
$APE was among trendy coins a while ago, along with other meme coins. $APE strives to create an ecosystem on the basis of BAYC (Bored Ape Yacht Club) NFTs and MAYC (Mutant Ape Yacht Club). It has a decentralized community that governs the token via ApeCoin DAO, which was created by Yuga Labs – the company that initially created the aforementioned collections of Ape NFTs.
At the time of this writing, RNDR is changing hands at $1.91 after a 1.62% decline over the past 24 hours, FTM is down 1.9% over the same period of time and trading at $0.2573. As for ApeCoin, its current price stands at $2.05, as it has added 3.55% on the news of the Bithumb listing.