Naver Cryptocurrency 'Link' Listed on Bithumb Today
[Asia Economy Reporter Kang Nahum] The virtual currency 'Link (LN)' issued by Line, a Japanese affiliate of Naver, will be listed on the domestic virtual currency market.
According to industry sources, Link will be listed on the Bithumb Bitcoin (BTC) market at noon on the 13th. The BTC market is a market where virtual assets are traded using Bitcoin instead of cash.
Link is characterized by not conducting an ICO (Initial Coin Offering) for fundraising purposes, but instead being distributed as a 'reward' when using certain Line services.
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Until now, Link has only been listed on 'Bitfront,' an exchange operated in the U.S. through Line's subsidiary LVC, and 'Bitmax,' Line's Japanese exchange. With this listing on a domestic exchange, domestic investors will be able to trade Link more easily.
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