South Korea's Bithumb Lists Scroll (SCR) and Ronin(RON)

Bithumb, the second largest exchange in South Korea, announced the listing of Scroll (SCR) and Ronin (RON). Trading for these assets is set to commence on Friday, December 13, 2024, with deposits and withdrawals enabled within three hours of the official announcement.

로닌(#RON) 원화 마켓 추가 안내
New Listing : $RON will be added to the KRW market today.

For more details 👉 https://t.co/npom2NxmvD#bithumb #Listing #KRWmarket #Ronin@Ronin_Network pic.twitter.com/WunOw9bsj5

— Bithumb (@BithumbOfficial) December 13, 2024

Bithumb Lists Scroll (SCR), Ronin (RON)

According to Bithumb’s notice, trading for Scroll (SCR) will begin at 4:00 PM KST, with a base price set at 1,687 KRW per unit. Deposits for Scroll will require 50 confirmations, ensuring network security and transaction integrity.

Meanwhile, Ronin (RON) trading will start at 5:00 PM KST with a base price of 3,079 KRW per unit. For Ronin, 15 deposit confirmations will be required before funds are available for trading.

Both assets are exclusively supported on their respective native networks, i.e., Scroll for SCR and Ronin for RON. Deposits made through other networks will not be accepted, and any such transactions may result in significant delays for refunds.

Trading and Transaction Restrictions
Bithumb has introduced initial trading restrictions for both SCR AND RON listings. Thus, buying orders are disabled for the first five minutes after trading begins. Sell orders below -10% or above +100% of the standard price will also be restricted for five minutes. Market and reservation orders for the tokens will only be enabled after the initial trade execution.

Scroll (SCR), Ronin (RON) Market price

Following the listing announcement, Scroll, which is an Ethereum zk L2 network, rose 17.28% to $1.37.

Courtesy: Coinmarketcap

The 24 hour market volume for $SCR has also gone up by a massive 17.27%, to $132.93 million. The project’s growing popularity is evident from its market cap, which has surged to a staggering $259.85 million after a 137.42% increase. Meanwhile, Ronin is a gaming blockchain launched by Sky Mavis, the developer of Axie Infinity. RON rose 2.31% to $2.28. The 24 hour market volume for RON has also increased by 58.38%, to $51.59 million. The project’s market cap has reached $841.87 million after a 2.25% increase.