Bithumb Launches Korea's First Automated Order Splitting Service

Bithumb Opens New Horizons for Virtual Asset Investment! 'Automatic Split Order' Officially Launched No longer do you need to hesitate in front of a complex order book. Bithumb has raised investment convenience to a new level by introducing the 'Automatic Split Order' service, which incorporates proven know-how from the stock market, to its KRW market, making it the first virtual asset exchange in Korea to do so. The Automatic Split Order is an innovative feature that allows users to simultaneously register orders across up to 10 price ranges when trading a specific coin. According to the conditions set by the user, buy orders are automatically distributed and registered at lower prices, and sell orders at higher prices. Subsequently, when the market price reaches the corresponding range, the orders are automatically executed. Unfilled orders can be maintained or individually canceled as needed. The usage method is also simple. In the order book tab of the virtual asset you wish to buy or sell, simply select 'Split', then input the starting price, total order amount, number of orders (minimum 2 to maximum 10), and order interval. Each order is individually registered according to the tick size, and even after registration, specific quote orders can be selectively canceled, allowing for flexible responses. For example, if you want to buy 10,000 KRW worth of a coin 10 times at intervals of 1,000 KRW, starting from 10 million KRW, by setting the starting price to 10 million KRW, order amount to 10,000 KRW, number of orders to 10, and order interval to 1,000 KRW, a total of 10 buy orders will be automatically generated, ranging from 10 million KRW down to 9,991,000 KRW. As the market price drops, trades are executed sequentially according to the set order. A Bithumb official stated that this feature "will enable anyone to trade more precisely and conveniently in a market with high price volatility, ultimately greatly enhancing investment convenience and transaction stability." With the introduction of the Automatic Split Order, Bithumb's order book will become more robust, and investors will experience a smart trading environment that allows them to respond more flexibly to market fluctuations.