South Korea’s leading cryptocurrency exchange Bithumb has announced the listing of Orca (ORCA) on the Korean Won (KRW) market.
Orca is a decentralized exchange (DEX) built on the Solana blockchain, offering fast and low-cost token swaps and liquidity.
It uses the Concentrated Liquidity Automated Market Maker (CLAMM) model, which increases trading efficiency. The ORCA token serves as a utility token within the ecosystem, including governance functions.
To ensure a stable trading environment, Bithumb has implemented the following restrictions for the initial trading period:
In compliance with Travel Rule regulations, deposits and withdrawals are only supported for crypto exchanges registered as Virtual Asset Service Providers (VASPs) recognized by Bithumb.
Deposits made from unsupported exchanges will not be credited and refunds may take a long time. Additionally, users should verify network compatibility before depositing to avoid losses due to incorrect transactions.
*This is not investment advice.
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