Coinrail, a South Korean exchange which was launched on October 11, is going to add Ripple to its platform. Coinrail has a trading volume of 16.6526 KRW. The total transaction volume is currently 192,316 KRW which is $171,7.
Coinrail will be the third South Korean cryptocurrency exchange to issue Ripple after Bithumb and Coinone. Coinrail is a new and developing exchange which has already announced its deal with Bitcoin, Ethereum, Dash, Litecoin, Stratis, OmiseGo, EOS, Bitcoin Cash, Walton Coin, TenX, and Jet Cash and it plans to add QTUM, Stellar Lumens, and KyberNetwork, NEO, Komodo, NEM, IOTA too.
— coinrail (@Coinrail_Korea) 31 октября 2017 г.
November 17 is declared to be the date when Ripple will be added to Coinrail. It is worth mentioning that South Korea is diligently trying to regulate use of cryptocurrencies, for instance the authorities plan to levy taxes on cryptocurrency transactions and ban ICO in the country. Moreover, representatives of the central bank of South Korea stated that they do not recognize Bitcoin and other digital assets as a means of payment.
At the moment of writing Ripple has a price of $0,197 and its market capitalisation is $7,628,088,760 with 24 hour volume of $56,996,400.