Bithumb Launches Voting Platform to Screen New Cryptocurrencies

One of South Korea’s largest cryptocurrency exchanges, Bithumb, announced on Thursday the beta launch of Pickthumb, its public voting platform for coins vying to list on the exchange. The aim of this new platform is to strengthen the “transparency and fairness” of Bithumb’s cryptocurrency evaluation and listing process, the exchange detailed.

According to its website: “Pickthumb is a platform for screening excellent coins based on your fair evaluation … users can directly evaluate, validate and vote on cryptocurrency projects that will be listed on global cryptocurrency exchange Bithumb.”

Bithumb explained that any registered users can participate, adding that members can actively give their opinions and “exert more influence” on coins to be listed on the exchange. Going forward, it says “will try to promote a healthy cryptocurrency ecosystem that investors can believe in.”