According to The Investor, Hong Kong-based crypto exchange BTCC is about to launch its services in Korea on October, 31.
Lee Jae-beom, the head of Korean BTCC office said:
“Cryptocurrency exchanges are facing a turning point due to a downturn in local exchanges while global exchanges are making a leap here.”
At press time, there are only four major crypto exchanges in South Korea. They are: Bithumb, Upbit, Korbit, and Coinone.
BTCC is one of the oldest cryptocurrency exchanges in China. Earlier this year, it relaunched an updating trading platform, simplifying the deposit and withdrawal of funds.
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.