Bithumb Lists SXT Token in Korean Won Market

The introduction of SXT to Bithumb signifies an expansion in local trading options and increases the token’s visibility within the South Korean crypto market.

Bithumb, a leading South Korean cryptocurrency exchange, listed Space and Time (SXT) against the Korean Won. The token leverages zero-knowledge proof technology to enhance privacy and data security. Trading began at 18:00 KST on May 13, 2025.

Microsoft’s Support

SXT, backed by Microsoft’s support, is positioned as a key blockchain innovation due to its focus on on-chain privacy. Bithumb users gain first-hand access to this token within the KRW market. Ethereum is exclusively used for transactions and deposits.

Market Impact

The listing is anticipated to strengthen local market liquidity and visibility for SXT. Historically, Bithumb’s new token listings have resulted in increased temporary price volatility, as seen in previous listings like SIGN and XYO. While there is no immediate reaction from stakeholders, the event is viewed positively.

“The listing of Space and Time (SXT) token offers our users direct access to a privacy-focused blockchain token supported by major tech players like Microsoft.” — Bithumb Official Announcement, Bithumb Source

Analysts predict an increase in institutional credibility for SXT, thanks to Microsoft’s backing. No notable regulatory or funding updates were announced alongside this listing. The token’s introduction aligns with Bithumb’s pattern of incorporating innovative blockchain solutions.

The listing of SXT aligns with Bithumb’s established protocol, supporting the exchange’s strategy of broadening its crypto offerings. This addition allows users direct participation in privacy-enabling blockchain technologies, though immediate financial shifts remain unclear.