BIGTIME and STMX Enter South Korean Crypto Market via Bithumb
The popular virtual assets BIGTIME and STMX have landed in the South Korean crypto market via a leading local crypto exchange, Bithumb. In an official post, Bithumb announced that users could trade both tokens starting November 30 via the supported ERC-20 network.
Big Time is a multiplayer action RPG gaming platform where players can enjoy virtual adventures across time and space. It is also a play-to-earn blockchain gaming space featuring NFTs. BIGTIME is the cryptocurrency that drives Big Time’s gaming ecosystem. It is used for various in-game transactions, purchases, and activities. Currently, BIGTIME is trading at a price of $0.2151 (277.68 won), showing a substantial increase of 4.13% following Bithumb’s announcement.
StormX is a platform enabling users to earn crypto by shopping at their favorite shops. Bridging the gap between online shopping and virtual assets, StormX facilitates cashback services in cryptocurrencies like Bitcoin (BTC). STMX is the native token of the platform, which users can receive as a reward for participating in various activities. After Bithumb announced its listing of STMX, the cryptocurrency saw a moderate hike of 2.16%, currently trading at $0.008001, equivalent to 10.33 won.
Bithumb has provided a detailed sketch of precautions to follow before investing in crypto, citing, “Virtual assets are high-risk products and may result in full or partial loss of investment.” In addition, to promote safety, Bithumb has imposed certain restrictions on new transactions. For instance, buy orders will be restricted for the first five minutes. At the same time, sell orders at prices below 10% and above 100% of the base price will also be limited for five minutes after the trading begins.
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