The exchange announced that the reference price was set at 647 Korean won during listing and that deposited transactions would be reflected in the account after receiving at least 33 confirmations on the network.
The exchange emphasized that users must only make deposits through the specified network. Transfers sent from networks other than Ethereum will not be supported.
It was also stated that under the “Travel Rule” regulations, only transfers made through virtual asset service providers supported by Bithumb will be accepted. A warning was issued that transfers from unsupported exchanges may not be reflected in accounts and the refund process may take a long time.
Bithumb reminded users that crypto assets are high-risk investment vehicles and emphasized that investment decisions are entirely their responsibility. The listing decision is expected to increase the liquidity of the CYS token and help it reach a wider investor base in the South Korean market.
*This is not investment advice.