IRYS Listing: Key Details, Promotions, and Safety Measures You Need to Know
Introduction to the IRYS Listing
The IRYS token listing has captured the attention of cryptocurrency enthusiasts, presenting new opportunities for trading and investment. This article provides an in-depth overview of the listing details, deposit and withdrawal requirements, exclusive promotions, and essential safety measures to ensure a seamless trading experience.
Key Details of the IRYS Listing
The IRYS token is set to debut with the KRW trading pair, enabling users to trade IRYS directly against the South Korean Won. Below are the critical details:
Reference Price: The initial reference price for IRYS is set at 68.50 KRW.
Trading Start Time: IRYS trading will commence at 7:00 PM on November 27, 2025.
Confirmation Requirements: Transfers of IRYS will require 33 confirmations to ensure secure and reliable transactions.
Deposit and Withdrawal Requirements for IRYS
To facilitate smooth deposits and withdrawals, users must adhere to the following requirements:
Network Compatibility: IRYS deposits will only be supported via the Ethereum network. Transfers from other networks will not be accepted, so users must verify the network before initiating transactions.
Opening Times: Deposits and withdrawals for IRYS will open within two hours of the listing announcement, ensuring timely access for traders.
Special Promotions for IRYS Trading
To celebrate the IRYS listing, users can take advantage of exclusive promotions designed to enhance their trading experience:
Free Trading Fees: Bithumb is offering zero trading fees for IRYS transactions. This promotion will run from November 27th until 10:00 AM on November 29th, providing traders with a cost-effective opportunity to engage in IRYS trading.
Temporary Trading Restrictions and Safety Measures
To maintain a stable and secure trading environment during the initial phase of IRYS trading, temporary restrictions will be implemented:
Buy Order Restrictions: For the first five minutes after trading opens, buy orders will not be accepted.
Sell Order Price Range: Sell orders will be limited to a range of -10% below to 100% above the reference price.
Limit Orders Only: For approximately two hours after trading begins, only limit orders will be accepted.
These measures are designed to mitigate market volatility and protect traders during the early stages of IRYS trading.
Warnings and Best Practices for IRYS Users
To ensure a smooth trading experience and avoid potential issues, users should follow these best practices:
Verify Network Compatibility: Always confirm that IRYS transactions are conducted on the Ethereum network. Transferring tokens to unsupported networks can result in irreversible losses.
Check Supported Exchanges: Before initiating transfers, ensure the exchange supports IRYS deposits and withdrawals.
Exercise Caution During Promotions: While free trading fees are an attractive incentive, users should conduct proper analysis and avoid rushing into trades.
Conclusion
The IRYS listing introduces exciting opportunities for cryptocurrency traders, but it also requires careful attention to details such as network compatibility, trading restrictions, and safety measures. By adhering to the guidelines outlined in this article, users can confidently navigate the listing process and maximize the benefits of the available promotions. Stay informed, trade responsibly, and make the most of your experience with IRYS.
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