BTC Korea.com Ltd own BitHumb among the top cryptocurrency exchange in the world. In terms of trading volume, BitHumb is among the leaders in cryptocurrency trading in both Korea and Japan.However, the South Korean Won is the only fiat currency available at the exchange. BitHumb charges flat transaction fees of about $0.15 irrespective of the transaction amount processed.
To ensure user security, BitHumb has a difficult verification process enhanced with other security features. This follows a successful infiltration of the exchange in 2017 affecting more than three percent of its users. Forensic results indicated that the hack was not because of a security loophole as the attack was an inside job.
New digital currencies hits the market every day. BitHumb regularly adds new digital currencies on its exchange to develop the industry and offer a variety to traders. In this article, we will review the top five new listings and trading pairs at the cryptocurrency exchange BitHumb.
Arcblock is a blockchain project designed to provide a blockchain based ecosystem for building and deploying decentralized applications (DaPPs). The platform founder Robert Mao is a technology innovator and entrepreneur who worked as a researcher for Microsoft. The project went through an Initial Coin Offering (ICO) earlier this year before launching. ABT is the build in native token on the Arcblock platform. The cryptocurrency token ABT has a market cap of $30,443,444.
There are 93,579,916 ABT in circulation today with a maximum supply cap of 186,000,000 ABT. According to CoinMarketCap.com, the token is currently valued for about $0.331830 USD. The cryptocurrency is built on the Algorand consensus algorithm.
ArcBlock’s ABT was listed on BitHumb on September 7 at around 6:00 pm. BitHumb offers only the ABT/KRW trading pair for ABT token currently.
TrueChain is a scalable permission-less blockchain platform developed a consensus Algorithm known as Mnerva. Mnerva combines PBFT and fPoW consensus algorithms in one system to harmonize decentralization and efficiency. Truechain developed a native cryptocurrency known as True. True has a market cap of $24,730,958 USD with a total volume of $46,717,187 USD. There are about 46,448,735 TRUE currently is circulation with a supply cap of 100,000,000 TRUE.
At BitHumb, TRUE is currently traded in pairs with the Korea Republic Won (TRUE/KRW). It is highly expected that the cryptocurrency exchange will add other trading pairs in a nearby future.
Walton is a project that combines blockchain technology with Radio-Frequency Identification (RFID) Technology to improve supply chain management. Waltonchain utilizes blockchain technology and Internet of Things (IoT) to achieved device communications. Internet of Things is the connectivity of appliances with one another. The development of blockchain technology and artificial intelligence is making IoT a success. Waltonchain is built with a series of sub chains, which runs on the main parent chain.
Waltoncoin(WTC) is the native token used on the Walton Chain ecosystem. The Walton chain architecture also supports smart contracts that enables creators to build custom applications. Walton coin (WTC) has a market cap of $144,282,254 with a daily volume shift of at least $6,984,316. There are about 40,144,099 WTC coins in circulation. WTC has a total supply of 70,000,000 WTC with a supply cap of 100,000,000 WTC. WTC is currently valued for $3.59 on the CoinMarketCap price chart.
BitHumb announced the listing of WTC coin on its charts on Aug 31, 2018 and immediately open deposits at 13:00 (UTC + 8) same day. At the meantime Waltoncoin is paired with the Korean Republic Won (WTC/KRW Trading pairs)
IoT Chain is a project aiming to develop a lite operating system using blockchain and implementing PBFT, DAG, SPV and CPS technologies. The main aim of this blockchain is to allow data to be layered and stored in a decentralized way. The IoT network comprises of millions of interconnected nodes of devices. Data obtained from the real-time performances of these interconnected devices help in the development of artificial technologies and internet of things.
ITC is the native token developed for use in the IoT Chain ecosystem. ITC has a market cap of $21,772,295 and a daily volume shift of $5,451,303. The cryptocurrency has a circulating supply of 62,610,449 ITC and a total supply of 100,000,000 ITC. Currently ITC Coins are valued for $0.347742 USD on the CoinMarketCap Price charts.
Bitthum lised ITC on its charts on the 31/08/2018 and open deposits on sep 02, 2018 at exactly midnight (UTC+9). ITC trading on BitThum started on sep 06, 2018 at night. Currently, only the ITC/KRW pair is available for trading on Bithumb.
Populous is an invoice trading platform built on the Ethereum Blockchain. Populous connects invoice buyers worldwide with invoice sellers in a peer-to-peer environment without the need of involving a financial institution. Populous uses smart contracts to automate funding and payments on the platform. Populous blockchain has a second ecosystem inside the main chain, the Populous XBRL platform. The XBRL is a Business intelligence (BI) data analytics platform equipped with cost efficient data analysis tools.
Populous has two native tokens, PPT for the main chain and PXP for the sub-chain for data analysis. PPT has a total supply of 53,252,246 tokens with 37,004,027 PPT already in circulation. The cryptocurrency has a market cap of $137,674,455.31 with a current market price of $3.72.
Bithumb added PPT on its charts on Aug 17, 2018 at 7:18 pm. The platform paired PPT with the Korea Republic Won in PPT/KRW Pair at the meatime.