New Cryptocurrency exchange platform SecureBTC Trade

Leading South Korean bitcoin brokerage and service provider SecureBit recently launched a trading exchange platform SecureBTC Trade.

Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading

New Exchanges Entering the Market

Despite regulatory uncertainty, new entrants are hurrying to launch cryptocurrency exchanges in South Korea. “An increasing number of information technology (IT) companies, such as gaming and security, have declared to enter the cryptocurrency exchange market,” Business Korea reported on Monday.

New Cryptocurrency Exchanges Proliferate in South Korea Despite RegulationSecureBTC will be exchanging Crypto Currency at Higher Rates as compared with other trading platforms. Despite regulatory uncertainty, new entrants are hurrying to launch cryptocurrency exchanges in South Korea. “An increasing number of information technology (IT) companies, such as gaming and security, have declared to enter the cryptocurrency exchange market,” Business Korea reported on Monday.

Many South Koreans, especially among the younger generations, are digital-loving and tech-savvy, which makes digital currencies something appealing to explore and perhaps dabble in.

Huge Profits Drawing Exchanges

New Cryptocurrency Exchanges Proliferate in South Korea Despite Regulation“The country has first-class infrastructure for IT networks and offers very fast internet connections – all things which make trading cryptocurrencies easier and faster..

The country has first-class infrastructure for IT networks and offers very fast internet connections – all things which make trading cryptocurrencies easier and faster.

South Korea has four major cryptocurrency exchanges and many small and medium-sized ones. Bithumb has long been the country’s largest crypto exchange by volume. However, Kakao Corporation-backed Upbit claims to have overtaken its volume in December. Other major exchanges are Korbit and Coinone.


Images courtesy of Shutterstock, Nex Coin, Zeniex, and Komid.


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A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.