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Bithumb Launches DEX, ETH Is Its First Base Coin

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Mon, 15/10/2018 - 17:10
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Bithumb Launches DEX, ETH Is Its First Base Coin
Cover image via U.Today
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On 15 October, at 2 pm local time, the Bithumb’s decentralized exchange (DEX) started off. Earlier U.Today reported about the plans of this large crypto exchange to launch a P2P trading platform outside South Korea.

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To attract customers, the exchange launched a few incentives. Among them is the absence of transaction charges until November 15, airdrops of ETH, based on trading activities, etc.

The new DEX offers trade with several coins, such as DENT, INS, ONG, etc. All the assets are traded against ETH. So far this is the only base currency on the DEX.

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As a reminder, a short while ago Bithumb was sold to BK Global Consortium. It is headed by Kim Byung-gun who is also in charge of BK Medical group in Singapore. Now the Consortium is the biggest shareholder of Bithumb.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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