[Block Rhythm] South Korea's leading exchange Bithumb recently announced that it will officially launch the trading pair Theoriq(THQ) on its Korean won trading market. This is another important move for THQ following its log in to other platforms, further expanding its coverage in the Asian market.
Bithumb, as one of the largest cryptocurrency exchanges in South Korea, handles a huge transaction volume every year. The decision to list THQ also reflects the attention the project has gained in the market. For THQ holders, this means an additional convenient trading channel, especially enhancing support for Korean users. With more mainstream exchanges supporting it, the liquidity and market recognition of new cryptocurrencies usually welcome new growth opportunities.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
6
Repost
Share
Comment
0/400
PhantomHunter
· 2025-12-23 03:30
Another Asian exchange has launched, the pace is getting faster!
View OriginalReply0
DefiPlaybook
· 2025-12-23 03:10
According to on-chain data, Bithumb's average daily trading volume accounts for about 40% of the South Korean market, which is significant for THQ.
---
It is noteworthy that the cycle of new coin listings on Asian exchanges usually brings a liquidity premium of 15-30 days, but a risk reminder — don’t overestimate the pump ability of a single exchange.
---
Looking at this from three dimensions: trading depth, user base, and regulatory compliance, Bithumb has a clear advantage in the latter two, but it’s unclear how long THQ's order book can hold up.
---
It’s interesting that, based on historical data, Korean won trading pairs usually attract arbitrage Bots after they are listed, we’ll have to see if the market can truly generate organic demand.
---
That said, it’s always the same rhetoric, liquidity growth space... very few can actually deliver on it, we’ll have to look at the upcoming trading volume data.
---
Bithumb is a bit late on this move, it should have done this earlier, but it’s still okay to do it now, just worried that the subsequent heat dissipates quickly.
The leading exchange in South Korea has launched Theoriq, and THQ is entering a new market.
[Block Rhythm] South Korea's leading exchange Bithumb recently announced that it will officially launch the trading pair Theoriq(THQ) on its Korean won trading market. This is another important move for THQ following its log in to other platforms, further expanding its coverage in the Asian market.
Bithumb, as one of the largest cryptocurrency exchanges in South Korea, handles a huge transaction volume every year. The decision to list THQ also reflects the attention the project has gained in the market. For THQ holders, this means an additional convenient trading channel, especially enhancing support for Korean users. With more mainstream exchanges supporting it, the liquidity and market recognition of new cryptocurrencies usually welcome new growth opportunities.