South Korea’s leading cryptocurrency exchange Bithumb has announced the listing of RedStone (RED) and Nillion (NIL) on the KRW market.
Bithumb to List RedStone (RED) and Nillion (NIL) on KRW Market
RedStone (RED) Listing
- Market: KRW
- Network: Ethereum (Deposit via other networks is not supported)
- Deposit/Withdrawal Start: Within three hours of this announcement
- Transaction Start: March 25, 2025, 16:00
- Starting Price: 892 KRW
- Deposit Confirmation Requirement: 33 confirmations
Nillion (NIL) Listing
- Market: KRW
- Network: Nillion (Deposit via other networks is not supported)
- Deposit/Withdrawal Start: Within three hours of this announcement
- Trading Start: March 25, 2025, 19:00 (depending on liquidity)
- Starting Price: 1,044 KRW
- Deposit Confirmation Condition: 15 confirmations
What is RedStone (RED)?
RedStone Oracles is a decentralized oracle provider that offers frequently updated and reliable data feeds.
Trusted by over 100 dApps and securing billions in value, RedStone provides customizable and cost-effective data feeds for the next generation of decentralized applications (dApps).
The project supports blockchain ecosystems on Ethereum Virtual Machine (EVM) and non-EVM networks and provides Layer 2 scaling solutions for advanced interoperability.
What is Nillion (NIL)?
Nillion is a Layer 1 blockchain that leverages Multi-Party Computing (MPC) technology for high security and high transaction speeds.
Unlike traditional blockchains, Nillion uses Privacy Enhancing Technologies (PETs) to process blockchain data without decryption, providing enhanced security for sensitive information.
Nillion also offers parallel processing making it significantly faster than other MPC-based chains.
*This is not investment advice.
