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Bithumb Set Nov. 10 KRW Markets for HYPE and CARDS

The announcement listed separate markets for each token and included opening times and reference prices.

Bithumb set Nov. 10 as the planned opening date for Korean won markets in HYPE and CARDS, scheduling two new token-to-won trading pairs on the South Korean exchange.

The announcement lists HYPE/KRW and CARDS/KRW as separate markets. It also provides opening times and reference prices for the pairs, setting out the expected launch schedule and price benchmarks for both listings.

A trading pair identifies the asset being traded and the currency used to quote its price. In these markets, HYPE and CARDS would each be quoted in KRW, the currency of South Korea. That gives each token a direct won-denominated market, without using another digital asset as the quoted currency.

The Nov. 10 date applies to both pairs. Bithumb's announcement covers two trading additions: one for HYPE and one for CARDS, with an opening time and reference price provided for each. The reference prices are benchmarks associated with the listings, while the scheduled opening times identify when trading was expected to begin.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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