Login
Sign Up
Woofun AI reports that direct Korean won (KRW) trading pairs for Metaplex (MPLX) and Nexus (NEX) will launch on the South Korean exchange Bithumb. This expansion grants retail investors immediate fiat access to these assets through one of the region's largest digital asset platforms.
Trading operations commence on July 3, 2025, with Metaplex (MPLX) markets opening at 6:00 a.m. UTC, followed by Nexus (NEX) at 9:00 a.m. UTC. Deposit and withdrawal services for both tokens activate shortly before these specific times, while standard trading fees apply without any attached promotional events.
Metaplex (MPLX) serves as the native token for the Metaplex protocol, a decentralized platform on the Solana blockchain designed for managing non-fungible tokens (NFTs). Conversely, Nexus (NEX) powers the Nexus Network, an infrastructure project dedicated to decentralized data storage and computation capabilities.
Per Woofun AI, the listing aligns with South Korea's retail-driven momentum, where KRW pairs often outperform USDT or BTC liquidity on global venues. Bithumb operates under strict financial regulations, ensuring both tokens passed internal reviews for anti-money laundering (AML) and know-your-customer (KYC) compliance before approval.
While the inclusion of Metaplex and Nexus expands Bithumb's altcoin portfolio, traders face inherent risks of rapid price swings typical of new listings. Investors must exercise due diligence and robust risk management when engaging with these new KRW trading pairs.