March 7, 2021

Cryptheory

24/7 crypto news, cryptocurrency meaning, guides, learning, #cryptohelpschildren

Bitcoin SV joins Bithumb’s ‘7th Anniversary Airdrop Party’

2 min read


Bithumb, considered to be one of the top digital currency exchanges in South Korea, is giving away free Bitcoin SV (BSV) as part of its 7th anniversary celebrations.

In an accompanying blog post, the exchange stated that the BSV would go to traders who “trade over 70,000 KRW ($63) for digital assets that are released daily on invitations.” In addition, it would reward the top 77 BSV accumulators for today. As an added bonus, users stand to win a new iPhone 12 Pro in a daily lucky draw.

Bithumb is the second largest digital currency trading platform in South Korea, following behind Upbit with over $2.8 billion in volume traded over the past 24 hours. Since its founding in 2014, it has grown to over 5 million active traders, the highest of any exchange in Korea.

Bithumb has been on the frontline in the promotion of safe and transparent trading environments. It has established an anti-money laundering center, obtained the Information Security Management System certification and developed an automatic tax filing system.

On the exchange’s 7th anniversary, CEO Back Young commented, “As a leading company that grew into one of the top crypto exchanges, we will proactively cope with the new regulatory environment. We are committed to expanding the base of virtual asset market and promoting benefits of customers by placing the highest priority on customers.”

The exchange has in the past made a bid to go public in the U.S market, but this fell through. It’s now set to be taken over by Japanese video game giant Nexon in a $460 million deal. As CoinGeek reported, Nexon is set to acquire 65% of the exchange.

New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.







Source link

Ad

Leave a Reply

Your email address will not be published.