The post Phala Network (PHA) Jumps 33% After Bithumb KRW Listing appeared on BitcoinEthereumNews.com.

Phala Network (PHA) rises over 33% to around $0.043 after Bithumb announces KRW trading pair listing Trading is scheduled for March 20, with deposits opening earlier and strict initial limits on buy, sell, and order types to control volatility Exchange enforces Ethereum-only transfers and compliance checks, while warning users about risks, delays, and verification requirements South Korean crypto exchange Bithumb has announced the upcoming listing of Phala Network ($PHA) on its Korean won market. PHA saw a sharp surge soon after the announcement was made public.  PHA is currently trading near $0.04340, after a gain of more than 33% over the past 24 hours. The rally comes amid returned interest from traders, as listings on major regional exchanges often attract fresh visibility. PHA Surges After Bithumb’s Listing According to the exchange, trading for the PHA/KRW pair is scheduled to begin at 3:00 PM on March 20, 2026. Deposits and withdrawals are expected to open within two hours of the notice being issued. As with other listings, the token will be supported only on the Ethereum network. Transfers from other networks will not be processed, and users have been advised to check network compatibility before initiating deposits. Bithumb has set the reference price for PHA at 48.24 won. Deposits will need 33 confirmations before they can be credited to user accounts. These are to keep order during the initial trading window. The platform will also provide temporary restrictions to dampen early volatility. Buy orders will be restricted for the first five minutes after trading begins. Sell orders that fall significantly below or above the reference price will be restricted within the same time frame. Furthermore, limit orders will be open only for roughly two hours after launch, while other order types will not be available. These measures are often employed when…

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Filed under: News - @ March 20, 2026 6:28 am