Bithumb has announced the listing of ESP/KRW on its Korean won market, with trading set to begin at 5:00 PM KST on February 24, 2026. According to the exchange notice, deposits and withdrawals opened two hours after the listing announcement, giving users time to prepare before the market opened.
ESP price surged ahead of the market opening
Before trading officially started on Bithumb, Espresso Token had already posted a sharp move. The source states that ESP was priced at $0.17, with a 24-hour gain of about 84%. The jump put the token in focus as traders reacted to the new KRW pair.
The report links the move to speculation around stronger liquidity and easier access once Korean won trading became available. South Korea remains one of the most active retail-driven crypto markets, and listings on major local exchanges often trigger fast changes in volume and price.
Bithumb limits deposits and withdrawals to Ethereum
Bithumb said the listing supports Ethereum network deposits only. The exchange also set a 33-confirmation requirement for deposits and noted that transfers can only be made between supported exchanges.
If users send tokens from non-approved platforms, the deposit may not be credited, and any refund process could take a long time. The exchange advised users to double-check wallet addresses and network selection before moving funds.
Safeguards were added to handle volatility
The source says Bithumb added safeguards to manage volatility around the listing, though it did not include detailed parameters. That point matters because new token debuts on major exchanges can bring abrupt swings, especially during the first burst of trading activity.
The listing has also increased visibility for Espresso Systems. At the same time, the material says the next phase will depend on trading volume, ecosystem adoption, additional listings, and broader crypto market sentiment.
Exchange notice highlights trading risk
Bithumb’s guidance around the launch stresses that crypto investing remains highly volatile and risky. Users were told to conduct their own research and make their own decisions, while the source also warned that investors can face partial or total capital loss.
For now, the confirmed facts are the launch timing, the network and deposit rules, and the price spike tied to the listing announcement. The source does not provide new hard data beyond that.