Bithumb, one of South Korea's leading cryptocurrency exchanges, announced that its digital asset ZKPass (ZKP) will be listed against the Korean Won (KRW). According to the official announcement, ZKPass will start trading in the Won market on Friday, December 26, 2025 at 6:00 pm. The exchange said users will be able to make deposits and withdrawals approximately two hours after the announcement is published.
ZKPass transactions are only supported via the Ethereum network. Therefore, investors should note that transfers from other networks are not accepted. The standard price for the first transaction is set at 176 won, and 33 confirmations are required for deposit.
Bithumb also reminded users of the standard trading restrictions applicable to initial listings. Therefore, you cannot place a buy order for 5 minutes after the start of trading. During the same period, sell orders below 10% of the base price and over the base price will also be restricted. Please note that only limit orders will be accepted for the first two hours.
As per the travel rules, it is stated that deposit and withdrawal transactions are only allowed through authorized crypto service providers supported by Bithumb. It issued a warning that money transfers from platforms not on the list may not be processed and may take longer to process refunds.
Exchange officials reminded investors that crypto investments involve high volatility and urged them to carefully review project information and consider risks before trading. The addition of ZKPass to the KRW market is expected to significantly increase project access for Korean investors.
*This is not investment advice.
