Bithumb Celebrates Achieving No. 1 Liquidity in March with Special Events

Bithumb, a domestic virtual asset (cryptocurrency) exchange, announced on the 4th that it will hold two special events to commemorate achieving the No. 1 domestic liquidity in March.

Liquidity is one of the key indicators for assessing the trading stability of a virtual asset exchange. It indicates how closely buy and sell orders are formed, and the higher the liquidity, the easier it is to execute trades at desired prices with less market impact, providing a more stable trading environment.

According to Kaiko, a global virtual asset data analysis institution, Bithumb ranked first among domestic exchanges in the representative liquidity indicator, order book depth, for the entire month of March. This result is based on the aggregation of order amounts formed within the ±0.1% range of the daily average price of each virtual asset.

To celebrate achieving No. 1 liquidity, Bithumb has prepared two promotions until the 9th: ▲Comparison Review Event ▲Direct Liquidity Experience Event.

In the Comparison Review Event, participants can compare the liquidity of Bithumb with other exchanges, capture the order book screen or record a video, and write a review on their personal SNS to participate. Users selected for outstanding content will receive up to 10 million KRW worth of Bitcoin (BTC), and the first 1,000 participants will receive 10,000 KRW.

The Direct Liquidity Experience Event is also being operated. After clicking 'Experience Liquidity Directly' on the event page and applying for participation, if you proceed with market buy and sell on Bithumb, rewards will be given according to the transaction amount. If the transaction amount is over 1 million KRW, a reward of 5,000 KRW will be given, and if it is over 10 million KRW, a reward of 10,000 KRW will be given.

A Bithumb representative said, "We have continuously worked to improve liquidity so that users can trade quickly and easily at desired prices," and added, "We will continue to strive to provide a stable and efficient trading environment."