Bithumb, South Korea's leading cryptocurrency platform, has announced the addition of Cat in a Dog's World (MEW) to its KRW market, offering users new trading opportunities and expanding its diverse cryptocurrency portfolio. This move has resulted in a 25% increase in MEW's price.

MEW will be available for trading on the Wonhwa Market, utilizing the Solana network for deposits only. Bithumb has reminded users that deposits through other networks are not supported. The deposit window will open on June 7, 2024, at 15:30, with trading and withdrawals starting at 18:00 on the same day. The reference price for MEW is set at 6,053 KRW, requiring 20 deposit confirmations.

Bithumb has emphasized the importance of awarenes s of the risks associated with cryptocurrency trading, which can result in significant losses or even the loss of the entire investment. To ensure security and compliance, Bithumb may impose restrictions on deposits and withdrawals, block accounts, and request further verification from members within seven days of this announcement.

To ensure a secure trading environment, Bithumb has implemented order restrictions for new investors. Buy orders will be restricted for the first five minutes after trading begins, while sell orders will be limited to a range of -10% to +100% of the reference price during the same period. Automated orders will only be allowed after the first execution following the start of trading.

Users must follow specific guidelines for deposits and withdrawals to avoid issues. Bithumb only supports transactions through cryptocurrency providers compatible with its platform, and users should verify the asset's address system and network connection displayed on the deposit screen to prevent errors.

In conclusion, Bithumb's listing of MEW offers users new trading opportunities and expands its diverse cryptocurrency portfolio. While cryptocurrency trading carries risks, Bithumb has implemented measures to ensure a secure trading environment. Users must remain aware of the risks and follow guidelines to ensure smooth transactions.