The second-largest cryptocurrency exchange by volume in South Korea, Bithumb, has announced good news for two altcoin investors. The giant cryptocurrency exchange announced that it will list Excela (WAXL) and Yield Guild Games (YGG) for South Korean cryptocurrency enthusiasts.
Bithumb to List Excela (WAXL) and Yield Guild Games (YGG)
In an exciting development for South Korean cryptocurrency enthusiasts, Bithumb, the country’s second-largest cryptocurrency exchange, will list WAXL and YGG in South Korean won trading pairs. The cryptocurrency exchange‘s move aims to increase the diversity of trading on its platform and offer users more options for their cryptocurrency portfolios.
As is known, Bithumb is South Korea’s second-largest cryptocurrency exchange by volume and is in stiff competition with Upbit, which holds more than 80% of the cryptocurrency volume in South Korea. Upbit is known for closely following the world’s largest cryptocurrency exchange Binance in terms of cryptocurrency listings.
Diversifying Crypto Portfolios with WAXL and YGG
Bithumb’s listing of WAXL and YGG opens the door for the exchange’s users to access a wider range of cryptocurrencies. This strategic move is in line with the increasing demand for various investment options in the cryptocurrency world. As the cryptocurrency market continues to grow, exchanges are realizing the importance of catering to diverse investor preferences. Bithumb’s latest listing directly reflects this trend.
On the other hand, South Korea is one of the leading players in the global cryptocurrency market with a significant number of active participants in the cryptocurrency world. Bithumb’s initiative to offer South Korean Won trading pairs is adapting to the evolving dynamics of the local market, providing users with a seamless and diversified trading experience.
Bithumb’s decision to expand its trading range is a sign of its determination to be at the forefront of cryptocurrency innovation in South Korea. At this point, it is important to underline that exchanges actively offering new features and trading options in the cryptocurrency world maintain a competitive advantage.
