As you know that, Korean people are more interested in cryptocurrencies than any other country. Eventhough, Korean government banned ICO’s in Korea, but the cryptocurrency exchanges in korea are running as well. Still, many Korean people are doing banking on cryptocurrencies in their retirement funds!
The above news shows that, daily usuage of cryptocurrencies have day by day get increasing in korea. So, the Korean people should have knowledge about best cryptocurrency exchanges which they can be used for cryptocurrency trading and exchanging.
Here the blog describes the top 5 best cryptocurrency exchange websites in Korean market. The blog has been written by considering many factors such as the number of traders, reliability and security features, users satisfaction, and payment gateway options.
If you are a beginning cryptocurrency trader living in Korea, you will be definitely find this blog is really helpful for building a cryptocurrency exchange website like the popular cryptocurrency exchanges.
We are providing these top 5 cryptocurrency exchange clone scripts for below popular websites for building your own cryptocurrency exchange platform.
Upbit has plans to launch a new global cryptocurrency index called UBCI (Upbit Crypto Index). This will set the standard for future coins and make it easier for investors and the public to understand the market trends. Look for UBCI to play an important role in Korea, especially for future ICO startups in Korea.
The Kakao-backed cryptocurrency exchange comes in at #1 in our rankings. last year they received close to 200 billion won in commission sales last year. They hold 53% market share in Korea and has a 24-hour trading volume of 1.3 Trillion Won. It is operated by Dunamu Inc. which also owns Korea’s top messenger app Kakao Talk. Upbit is integrated with Kakao Talk and has over 120 cryptocurrencies because of their partnership with Bittrex.
Features of Upbit:
Upbit- Global Leading Cryptocurrency Exchange Features:
The most trusted cryptocurrency exchange:
Upbit- The most trusted and global top cryptocurrency exchange with world-class blockchain technology, regulatory expertise and operational know-how.
FinTech Expert with the Proven Record
Upbit provides financial-institution grade of security and user-friendly cryptocurrency exchange services from years of experience operating stock trading system in massive scale.
Trade Wide-Variety of Crypto- Assets, with Confidence
Coinbase support the Cryptocurrency trade of more than 150 crypto-assets. Anyone can trade the latest Crypto-Assets from our partner, Bittrex, the premier US-based exchange. Upbit offers 24/7 real-time security monitoring and firewall system for enhanced security.
Bithumb is acting as one of the most dominant cryptocurrency exchange markets in Korea. Bithumb is continue to adding the following cryptocurrencies such as Litecoin, Bitcoin Dash, and Ethereum. All these can be exchanged for Korean Won. They hold 33% of the market share in Korea and have a daily trading volume of over 250 billion Won. They are all about the promotion of using digital currencies for everyday life. Therefore they recently showcased their new kiosks that accept Bitcoin Cash.
Bithumb focus to moving forward is on launching three services for the kiosk venture. In addition, Touchpad, Touchbone, and Bithumb Cache, all focus on making it easier for customers to use digital currencies.
Bithumb- Global Representative Cryptocurrency Exchange:
• A carefully selected passwords.
• Comprehensive financial platform
• 24/7 customer support
• Industry leading security system
• Transparent operation
Coinone focuses mainly on Bitcoin, Ethereum, and Ethereum Classic. They hold 8% market share in Korea. In addition, they have gone from a 20 employee company in early 2017 to over 100 employees today. They have over 600,000 users and does over 20 billion won in monthly revenue. Besides, Coinone has been at the forefront in encouraging healthy trading practices through education. They have issued statements on the technological aspects of each coin they list.
Coinone made headlines this year for being raided by regulators who wanted to check their ledger. However, this has not slowed down Coinone. They are looking to become a global fintech company that does exchange remittance, investment consultation, and insurance services. They are currently looking to form joint ventures with Southeast Asian crypto exchanges.
Coinone- Best crypto exchange to begin your investment in cryptocurrency:
The principle and features of cryptocurrency exchange platform:
Listing coins through strict screening process for quality investment opportunities.
Provide Analysis report, Index and Pro-chart for accurate and transparent information.
Founded by a famed white-hacker. Never compromise on security.
Korbit was the first cryptocurrency exchange in South Korea. It is our #4 cryptocurrency exchanges in Korea. The exchange had a solid reputation of being foreigner friendly. In addition to that, korbit holds a 6% market share in Korea. Korbit have very low fees, great security features, and offers a remittance service. But, this year Korbit has banned non-Korean citizens from depositing local currency into Korbit. Therefore, this resulted in Korbit losing a lot of foreign customers.
Korbit has been leading the way in following the regulations set by the Korean government. In addition, they have taken steps in requiring cryptocurrency exchange users to connect to their bank account for identification purposes.
Korbit's mission is to enable trading in any blockchain assets. They are continuously listing new coins.
Secure Protection of Customer Funds:
Korbit has security measures in place to protect against hacking attacks. The user’s asset is safely stored and secured in an offline cold wallet.
Offers Reliable Technology
Korbit has a unique experience and value as the first Bitcoin exchange in Korea. Korbit provides the best security system and a stable server based on the know-how accumulated over the years.
Excellent Customer Service
Customer inquiries must be dealt with timely and effectively. Korbit boasts a 90% service level and rapid response time for email enquiries.
Coinplug is known for their okBitcard service. This service allows Koreans to buy Bitcoin vouchers at any 7-11 or Mini Stop across Korea. Therefore, Coinplug is a very quick and easy way to buy small amounts of bitcoin. The one thing you need is your phone number. You can also purchase bitcoin using your credit card. They have over 7,000 ATMs in Korea.
Coinplug has made all this possible because of their partnership with Nautilus Hyosung which is Korea’s largest ATM hardware producer. The goal was to make acquiring Bitcoin easy to the general public. Coinplug is looking to expand to other countries by the end of 2018.
Korea’s largest blockchain patent holder:
Various business models:
• Coinplug, Digital Asset Cryptocurrency Exchange
• Identity based blockchain platform
• Blockchain based online services platform
• Enterprise blockchain platform
• Overseas Remittance platform
Coinjoker- Leading Cryptocurrency Exchange Development Company offers customized and readymade cryptocurrency exchange clone scripts for building a cryptocurrency exchange platform instantly.
We offers the top 5 cryptocurrency exchange clone scripts for korean market, those cryptocurrency exchange plaforms which are top-rated in korean cryptocurrency exchange market.
Consult our business experts, what type of cryptocurrency exchanges which you are ready to build with those above mentioned cryptocurrency exchange clone scripts.