Bithumb Excites Investors with Listing Announcement for Kite (KITE)

One of South Korea's leading cryptocurrency exchanges, Bithumb, has made an announcement regarding the highly anticipated new altcoin listing. Kite (KITE) will join the assets for which deposit and withdrawal operations will start on November 3, 2025, according to the information announced by the exchange. This situation is expected to increase investor interest and create activity in the markets.

Bithumb stated in its announcement that the deposit transactions of the KITE asset would only be carried out on the Ethereum network, warning users not to perform transfers from different networks. This important warning stands out as a critical detail for transaction security.

Investors will already have the opportunity to trade Kite (KITE) against South Korean Won (KRW). The KITE/KRW trading pair will be activated on November 3 at 22:00. However, the information that the opening price has not yet been determined increases uncertainty for investors. The exchange aims to provide a secure trading environment by restricting buying transactions in the first minutes after the listing. This situation requires investors to be cautious.

In addition, preventing orders from being placed below or above certain ratios of the initial price during selling transactions aims to protect investors during market fluctuations. As an additional advantage, the lack of trading fees for Kite (KITE) until 10:00 on November 6 offers an attractive opportunity for investors.

Bithumb's announcement regarding the Kite (KITE) asset has been particularly significant for investors following the Ethereum ecosystem. Furthermore, closely monitoring developments after the listing will be decisive in determining investors' strategies. It is essential for investors to closely follow price movements, developments related to Kite (KITE), and the trading dynamics on the Bithumb exchange.