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One of the leading South Korean crypto exchanges, Upbit, has begun promoting new trading platforms in Indonesia and Thailand as part of a plan to expand the company's global reach.

The sites of new trading platforms have already been launched. According to the CEO of the parent company Dunamu Lee Seok-woo, since its inception, Upbit had planned to become a global-scale crypto company that wasn’t constrained by the domestic market.

The other day Upbit launched a trading platform in Singapore that supports local fiat currency. As for the upcoming platform Upbit Thailand, it is still at the stage of closed beta testing and is available for a limited number of traders. This platform will support 131 coins in 241 trading pairs. Upbit's Indonesian division will feature 156 coins in 276 currency pairs.

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