How to unlock the RLC/KRW pair on Bithumb

Victor Bonhomme
iExec
Published in
3 min readApr 6, 2021

Each week, Bithumb holds a contest called “BTC OPEN” in which the best performing asset gets to unlock the Korean Won (KRW) pair. We are in the middle of round 5:

Here are the 5 criteria used to rank the tokens:

  1. Price-performance (daily average) ✅
  2. Trading volume (1-week cumulative volume) ⚠
  3. Deposit amount (daily average) ✅
  4. Number of traders (daily average) ⚠
  5. Digital asset integrity (compliance) ✅

While the RLC token has among the best rankings for criteria 1, 3 & 5 ✅ it is lacking some momentum on the “2. Trading volume” and “4. Number of traders” criteria to win this round.

Would you like to see the RLC/KRW pair added on Bithumb?

Here is how you (or anyone) can help in 4 steps!

It takes 15 minutes, and only requires owning a few RLC or Satoshis.

1- Open a Bithumb account (1 mn)

Go to https://en.bithumb.com/member_operation/join and fill in your account details:

Back up your account password as well as your security password, then click on the “Submit” button. Once done, a pop-up informs you that you will receive an email:

Open your email client, and click on the confirmation link. Once confirmed, you can log in to your Bithumb account at this address: https://en.bithumb.com/member_operation/login

2- Complete KYC steps (10 mn)

Once logged in to your Bithumb account, go to https://en.bithumb.com/customer_support/center_certification and click on the “send ID (passport)” button.

Then attach a photo of you, holding your passport next to your face:

Photo requirements:

  • The last 7 digits of your passport number should be hidden.
  • A post-it with your name and today’s date written on it.

NOW WAIT FOR THE KYC TO BE VALIDATED before moving to step 3.

3- Deposit RLC (or BTC) on your account (3 mn)

Go to https://en.bithumb.com/coin_inout/deposit/RLC and click on “Address Generation”:

Once your address has been generated, you can make a transfer of RLC tokens from your Ethereum wallet to your Bithumb’s RLC address.

Note: You can also choose to generate a BTC address, and transfer BTC to your Bithumb’s BTC address.

4- Trade RLC against BTC (1 mn)

Go to https://en.bithumb.com/trade/order/RLC_BTC and make a trade against BTC (by either buying or selling RLC).

By following these 4 steps and even if trading a small quantity of RLC/BTC, you are greatly improving the chances of unlocking the RLC/KRW pair on Bithumb, one of the most important pairs in terms of volume!

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