South Korean crypto exchange Bithumb announced on Tuesday, November 10, that it would list Hyperliquid (HYPE) and Collector Crypt (CARDS) against the South Korean won. The exchange pushed back the start of HYPE trading by 30 minutes and raised the reference price for CARDS to 323 won. A day earlier, Bithumb and Upbit had temporarily suspended Waves (WAVES) deposits and withdrawals.
Bithumb sets trading times for HYPE and CARDS
Bithumb’s updated schedule put the start of HYPE/KRW trading at 07:30 UTC and CARDS/KRW trading at 09:00 UTC. The exchange had originally scheduled HYPE trading for 07:00 UTC. The change narrowed the gap between the two launches to 90 minutes.
The reference price for HYPE remained at 100,700 won, while Bithumb raised the reference price for CARDS from 300 won to 323 won. The exchange accepts HYPE deposits only via HyperEVM and CARDS deposits only via Solana.
Hyperliquid runs its decentralized exchange’s order book on its own blockchain. Its native token, HYPE, is used for staking and to pay network fees.
Collector Crypt pairs physical trading cards with digital certificates on Solana. The platform stores authenticated cards in a vault, allowing collectors to trade the corresponding certificates without having to ship the physical card after each sale. CARDS is the platform’s token.
Bithumb warns of volatility as WAVES trading continues
Upbit suspended WAVES deposits and withdrawals at 07:55 UTC on Monday, November 9, for wallet maintenance. The suspension also covered withdrawals of Mercury (MER), a token on the Waves network. About 35 minutes later, Bithumb halted WAVES transfers at the request of the Waves Foundation.
Bithumb users could still trade WAVES held on the exchange during the suspension. The exchange warned that prices could swing sharply while transfers were on hold. At 12:40 UTC that day, Bithumb also suspended withdrawals of Neutrino Token (NSBT) on the Waves network.
Bithumb gave no date for resuming WAVES transfers. The exchange said it would restore deposits and withdrawals once it had confirmed the network was stable, then post the reopening time in an update to the original notice. Transfers sent before the suspension could take longer to appear in users’ balances if network confirmations were delayed.
Bithumb waives HYPE trading fees through November 13
Bithumb waived trading fees on the HYPE/KRW pair from launch until 07:29 UTC on Friday, November 13. The exchange also set aside 100 million won in rewards across two promotions covering trading activity and HYPE deposits from external wallets or exchanges.
Of that total, 70 million won is earmarked for users who register for a daily round and trade at least 10 million won worth of HYPE during that round. To qualify for a share of the remaining 30 million won, users must make net HYPE deposits worth at least 10 million won from outside Bithumb and sell at least 10 million won worth of HYPE through maker orders that add liquidity to the order book. Bithumb plans to distribute the rewards on November 26.
