Bithumb plans to list the MAGMA token on the Korean won mark
On November 5, 2026, PANews and Odaily 星球日报 successively reported, citing an official announcement, that South Korean crypto exchange Bithumb will list the MAGMA token on the Korean won market, with the specific trading opening time subject to the official announcement. The two sources are consistent on the listing market, the token name and the wording on timing, and neither disclosed trading pair details or the exact listing time.
Event Timeline
- [11-05 06:50] Bithumb to list MAGMA token on the Korean won market (PANews)
- [11-05 06:51] Bithumb to list MAGMA token on the Korean won market (Odaily 星球日报)
Background and Impact
On November 5, 2026, two Chinese-language crypto media outlets reported the same exchange announcement at close to the same time. PANews published its report at 06:50 and Odaily 星球日报 published at 06:51, both with the same content: according to an official announcement, South Korean crypto exchange Bithumb will list the MAGMA token on the Korean won market, with the specific trading opening time subject to the official announcement. The two reports are almost word-for-word identical, and both use Bithumb's official announcement as their sole source of information.
A check of the two sources shows that on all four elements — exchange name (Bithumb), listing market (Korean won market), token name (MAGMA) and timing arrangement (specific trading opening time subject to the official announcement) — there is no conflict between the two, nor is there a case where one gives a specific time and the other denies it. It should be noted that neither piece of material discloses the specific name of the trading pair, the listing date and time, the arrangements for opening deposits and withdrawals, or whether other markets besides the Korean won market will be listed at the same time. Therefore, the facts that can be confirmed at present are limited to the planned statement "will list on the Korean won market," rather than a listing action that has already been completed.
Judging from the wording of the announcement, this arrangement limits the scope of the listing to the Korean won market, rather than vaguely stating "listing the token," but the material does not further explain the differences in rules between this market and other markets, and it is not appropriate to infer trading volume or liquidity from it. For MAGMA holders and those following it, the most direct variable at this stage is that the "specific trading opening time" has not yet been settled, and any judgment about the listing time lacks a basis. When listing announcements are published in密集 succession, traders often compare the fee rates and account opening processes of various platforms at the same time, for example searching for fee information such as Bitget fee rebate, Binance fee rebate and OKX fee rebate, while new users look for content such as Binance account opening tutorials and Binance registration tutorials; these searches are not directly related to this Bithumb listing, but are a common need when announcements of this kind appear.
The only clear observation point going forward is the update to the trading opening time in Bithumb's official announcement. Before the official side gives a specific time, the reports by PANews and Odaily 星球日报 both remain at the level of "will list," and readers should not conclude from them that trading has already opened or will open at a particular moment.
FAQ
### When exactly does MAGMA start trading on Bithumb?
There is currently no publicly available specific time. Both sources' reports state that "the specific trading opening time is subject to the official announcement," and confirmation must wait for an update to Bithumb's official announcement.
### Is it only being listed on the Korean won market this time? Will other markets be listed at the same time?
The available material only mentions "will list on the Korean won market," does not mention whether other markets will be listed at the same time, and does not give the name of the trading pair, so it is impossible to confirm whether there are arrangements for other markets.
### Are the two sources contradictory? What point should be watched going forward?
The two are completely consistent on the listing market, the token name and the wording on timing, with no conflict, and neither provides further details. Going forward, it is only necessary to watch for the update to the trading opening time in Bithumb's official announcement.