South Korea’s Leading Cryptocurrency Exchange Introduces Two New Altcoins
Bithumb, one of South Korea’s most popular cryptocurrency exchanges, has recently announced the listing of two new altcoins on its platform. The exchange has added Radworks (RAD) and MAGIC (MAGIC) to its Korean Won (KRW) market.
According to the official statement released on Bithumb’s website, Radworks (RAD) is a revolutionary project that aims to promote internet freedom through the development of an open-source ecosystem. It supports Radicle, a decentralized code collaboration tool, as well as Drips, a funding solution for developers. RAD, which serves as Radicle’s utility token, is utilized for governance purposes and other transactions within the ecosystem.
On the other hand, MAGIC is a digital currency that powers the Treasure gaming platform. This decentralized gaming platform, built on Arbitrum, is designed for community-driven games. MAGIC serves as the native token of the Treasure Platform and facilitates trading of in-game assets, acts as a medium of exchange on the platform’s marketplace, and also enables users to participate in governance decisions.
Since their listing on Bithumb, both RAD and MAGIC have experienced a significant increase in value, as shown by the price graphs. These additions to the cryptocurrency market showcase Bithumb’s commitment to diversifying its offerings and providing its users with access to promising altcoin projects.