Bithumb Sets Five-Minute Buy Ban for Planned HYPE, CARDS Listings

Bithumb announced opening controls for its planned Nov. 10 Korean-won (KRW) markets in Hyperliquid (HYPE) and Collector Crypt (CARDS), including a five-minute buy ban and limits on some sell orders.

Buy orders were to be blocked during each market’s first five minutes. During the same five-minute window, Bithumb also restricted sell orders priced 10% or more below or 100% or more above each asset’s reference price. Bithumb set those prices at 100,700 won for HYPE and 323 won for CARDS. Only limit orders were to be available for about two hours after each market opened.

HYPE deposits and withdrawals were to use HyperEVM, with 10 network confirmations required for deposits. CARDS transfers were to use Solana, with 20 confirmations required for deposits. Deposits through other networks were unsupported. Bithumb noted that liquidity preparation could delay the expected opening schedule.