Bithumb Lists XAI, Price Rises

The altcoin market started an active day today. South Korea-based cryptocurrency exchange Bithumb announced that it will list the altcoin named Xai (XAI).

Cryptocurrency exchange Bithumb announced that it will list the altcoin named XAI (XAI). Following this news, there was a significant increase in the price of XAI.

However, many cryptocurrency exchanges are also trying to attract investors’ attention by listing new coins. This intense listing traffic increases trading volume and liquidity, providing new opportunities for investors.

Bithumb lists XAI, price rises

According to the statement made by Bithumb, XAI will be traded in the Korean Won (KRW) market. XAI transfers will only be supported on the Arbitrum One network. Deposits made through other networks are not currently supported. XAI deposits on Bithumb will begin at 16:30 today, while transactions and withdrawals will be active at 18:00. With the development, the price of XAI increased by 6 percent.

There is big listing news for other altcoin projects

In addition to the XAI news, there was intense listing traffic on cryptocurrency exchanges today. The listings below are sorted by time and exchange:

This heavy listing traffic attracts the attention of investors. In addition to newly announced coins such as XAI, listing already known coins on different exchanges increases liquidity by increasing trading volume. This situation can offer more attractive opportunities for investors. However, experts emphasize that, as always, investors should do their own research before making any transactions. Since the cryptocurrency market is known for its high volatility, investors need to invest amounts they feel safe in.

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