South Korean Giant Announces New Altcoin Listing: Trading Begins Today!

Bithumb, one of South Korea’s largest cryptocurrency exchanges, has announced the listing of a new altcoin.

According to the statement by Bithumb, deposits and withdrawals for Lorenzo Protocol (BANK) will begin within 2 hours of the announcement. The exchange stated that the asset can be deposited via the BNB Smart Chain network. Bithumb also warned investors, emphasizing that transfers outside of this network are not supported.

Lorenzo Protocol (BANK) will be opened for trading in the South Korean Won (KRW) pair. Investors will be able to trade the BANK/KRW pair following the listing. Trading will begin as of 15:00 on July 27, 2026.

To ensure a safe trading environment, the exchange will apply various restrictions to trading during the initial minutes after listing. Accordingly, buy orders cannot be placed for the first 5 minutes after trading begins. During the same period, sell orders will not be allowed at prices more than 10% below or 100% above the opening price. Additionally, only limit orders will be available for approximately 2 hours after the start of trading.