PSA: Bithumb will resume STEEM deposits and withdrawals tomorrow

Good news for Steem in South Korea: Bithumb will resume STEEM deposits and withdrawals on December 5.

Here is the official announcement:
https://cafe.bithumb.com/view/board-contents/1640381

Deposits and withdrawals are disabled since March 30 this year. Resumption is scheduled for 15:00 tomorrow. Korean timezone, I suppose.

Steem is currently trading at $0.1270 on Bithumb, while the price is about 8% lower on most other exchanges. I wonder what will happen when deposits resume. The price may drop on Bithumb or surge on the other exchanges. Or both, so that it finds an equilibrium in the middle. We'll see...

STEEM on Bithumb

There is about 10 million STEEM stored on Bithumb. As of tomorrow, Steemians are finally able to withdraw their STEEM to their own wallet.