- The KRW market on Bithumb now supports Babylon’s BABY token because of expanding interest in Bitcoin staking solutions.
- Babylon’s protocol enables users to stake Bitcoin securely through decentralized methods that protect the Bitcoin security framework.
- Before Bithumb allows trading it will put initial trading limitations in place to stabilize the market while exhibiting careful and calculated listing approaches.
South Korea’s second-largest cryptocurrency exchange, Bithumb, has confirmed the addition of Babylon (BABY) to its KRW trading pairs. The decision places the Bitcoin staking protocol into the spotlight as it becomes accessible to one of Asia’s most active crypto markets. The move is seen as a response to growing demand for diversified blockchain applications beyond traditional token trading, particularly in staking technologies tied to Bitcoin infrastructure.
Babylon Enters South Korean Market
Babylon, a Bitcoin staking protocol, allows users to stake Bitcoin securely and decentralized. The BABY token supports network operations and governance. Bithumb will list BABYLON (BABY) with the BABY/KRW pair, supporting only the Babylon Network. Deposits and withdrawals start at 11:00 AM KST on April 10, 2025, with trading and reference price details to be announced based on liquidity.
The current BABY supply available for circulation stands at 2.29 billion out of 10.01 billion total supply. This listing gives Korean users the ability to trade BABY for KRW, potentially boosting local liquidity.
To ensure stability, Bithumb will implement restrictions for the first five minutes: buy orders will be disabled, and sell orders will be capped between -10% and +100% of the reference price. Automated trading will begin only after the first successful trade.
Bithumb’s BABY Listing Signals Bitcoin Staking’s Growth
The listing of BABY on Bithumb comes amid rising interest in Bitcoin-based innovations. Traditionally viewed as a store of value, Bitcoin is now seeing expanded utility through protocols like Babylon, which introduces staking without compromising its security model.
By adding BABY, Bithumb may be signaling a regional shift toward supporting projects that enhance blockchain functionality beyond mainstream assets. While the listing isn’t an endorsement, it provides the infrastructure for user participation and evaluation.
As Babylon enters the South Korean market, the focus will be on trading volume and user engagement. Though the impact on Bitcoin staking adoption remains uncertain, BABY’s listing on Bithumb’s KRW market marks a significant step in the evolving crypto landscape.
