Bithumb, one of South Korea’s leading cryptocurrency exchanges, has officially announced the listing of SCR and RON KRW trading pairs.
This move underscores Bithumb’s commitment to expanding its offerings and catering to the growing demand for Ethereum-based solutions and blockchain gaming ecosystems.
With trading for SCR set to begin at 4:00 PM local time on December 13, followed by RON at 5:00 PM, this listing has captured the attention of crypto enthusiasts worldwide.
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What Are SCR and RON?
Scroll (SCR)
Scroll (SCR) is a zk Layer 2 network built on Ethereum. It leverages zero-knowledge technology to enhance Ethereum’s scalability and reduce transaction costs, making it an essential tool for developers and users seeking efficient blockchain interactions.
With its focus on improving throughput without compromising security, SCR is gaining momentum as a vital component of Ethereum’s scaling ecosystem.
Ronin (RON)
Ronin (RON) powers the Ronin blockchain, a custom-built network developed by Sky Mavis, the creators of the popular blockchain game Axie Infinity.
The Ronin blockchain provides fast and cost-efficient transactions, which are crucial for blockchain gaming. RON serves as the backbone of this ecosystem, driving innovations and enabling seamless in-game transactions within Axie Infinity and beyond.
Details of Bithumb’s Listing
Bithumb’s listing of SCR and RON in KRW trading pairs marks an important milestone for the exchange and the tokens. Deposits and withdrawals for both tokens will open three hours after the announcement.
Trading for SCR will officially commence at 4:00 PM local time on December 13, followed by RON at 5:00 PM the same day.
This move not only increases accessibility for South Korean traders but also strengthens Bithumb’s position as a key player in supporting cutting-edge blockchain projects like Scroll and Ronin.
Why does This Listing Matter?
Driving Ethereum-Based Solutions
The listing of SCR highlights the growing importance of Ethereum Layer 2 solutions. As blockchain adoption accelerates, technologies like Scroll play a critical role in addressing scalability challenges while maintaining Ethereum’s robust security framework.
Supporting Blockchain Gaming Ecosystems
RON’s listing reflects Bithumb’s recognition of the increasing significance of blockchain gaming. By offering RON trading pairs, Bithumb supports the Ronin ecosystem and Axie Infinity’s broader vision of revolutionizing the gaming industry through blockchain technology.
How to Trade SCR and RON on Bithumb
Trading SCR and RON on Bithumb is straightforward. Here’s how you can get started:
- Deposit Funds: Ensure your Bithumb account is funded with KRW or supported tokens.
- Locate the Trading Pairs: Search for SCR/KRW and RON/KRW pairs in the trading section.
- Execute Trades: Set your desired buy or sell order based on market conditions.
- Withdraw Funds: Once trading is complete, you can withdraw SCR and RON tokens to your wallet for safekeeping or further use.
Expert Insights and Market Sentiment
Crypto experts view this listing as a significant step for both tokens. The integration of SCR aligns with the rising interest in Ethereum’s Layer 2 advancements, while RON’s listing is seen as a nod to the growing influence of blockchain gaming.
Market sentiment remains positive, with traders eager to explore the opportunities these tokens present.
Conclusion
The addition of SCR and RON KRW trading pairs on Bithumb signals the exchange’s proactive approach to embracing innovative blockchain projects. For traders and investors, this listing opens doors to exciting possibilities in Ethereum Layer 2 solutions and blockchain gaming.
Don’t miss out—head over to Bithumb and start trading SCR and RON today!
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