South Korea-based cryptocurrency exchange Bithumb announced that it will list the TOWNS token on the KRW (Korean Won) trading pair. Bithumb to List Towns on KRW Market According to the statement, TOWNS can only be deposited via the BASE network and transfers from other networks will not be supported. Deposits and withdrawals for TOWNS will be available within two hours of the announcement. Trading is scheduled to begin at 3:00 PM on Wednesday, August 13, 2025. The starting price for TOWNS is 44.94 KRW. Deposits will require 200 block confirmations to be considered valid. Along with the listing, Bithumb is also launching a special TOWNS airdrop event. Users who deposit and sell TOWNS leading up to the launch will be able to earn additional TOWNS rewards. What is TOWNS? TOWNS is the native token of the Towns protocol, a fully on-chain decentralized group chat platform where users can create and manage their own community spaces. The platform offers programmable, ownable spaces called “Space.” These spaces include features such as on-chain membership, a reputation system, encrypted messaging, and tipping. The TOWNS token is used for functions such as staking, governance, and payment of network fees. The protocol aims to build secure, permissionless digital communities, allowing domain owners to set their own rules and generate revenue from protocol fees. With this listing, TOWNS is expected to increase its awareness in the Korean crypto market. *This is not investment advice. Continue Reading: Bitcoin Exchange Bithumb Announces It Will List This Altcoin on Its Spot Trading Platform! Here Are the Details