Major Korean Crypto Exchange Upbit Opens in Singapore Next Month

Major South Korean cryptocurrency exchange Upbit will reportedly begin operations in Singapore next month. The new exchange will offer Singapore dollar trading as well as crypto-to-crypto pairs in three markets offered by Bittrex, Upbit’s US-based partner. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Upbit Expands to Singapore Dunamu Inc., the operator … Read more

Korean Exchange Upbit Paid Six People for Reporting Fraudulent Crypto Schemes

A major South Korean exchange, Upbit, has paid six people for reporting fraudulent crypto-related schemes. Ten cases were reported to the exchange and six of them were selected. Upbit also recently partnered with Thomson Reuters to operate a system to support transparent crypto transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Upbit Paid … Read more

Popular Chat App Kakao’s Exchange Upbit Claims Number One Spot in South Korea

Kakao’s cryptocurrency exchange Upbit now claims to be the largest crypto exchange by volume in South Korea, one of the top three markets globally. Listing over 120 coins and leveraging Kakao Talk’s massive user base, Upbit currently facilitates an average daily trading volume of 5 trillion won. Also read: South Korea Clarifies Position After Reports of … Read more