Huobi Opens Trading in South Korea

According to the announcement from March 30, Huobi is opening a subsidiary in Korea
02 April 2018   545

Huobi Pro, a digital asset exchange for cryptocurrency traders and investors, has independent service centers are located in many countries and regions including Singapore, the US, Japan, China and China Mainland. According to the announcement from March 30, Huobi is also opening a subsidiary in Korea.

The leading global digital asset exchange Huobi lands in Korea on March 30th, 2018. On that day, we will open 201 trading pairs of 99 digital assets which have passed the strict review for being listed on Huobi. Thanks for all your support to Huobi. Huobi Korea will continue to offer better service as we always do.
 

Huobi official statement

Currently, Huobi provides trade and investment service of over 100 digital assets. According to the statement on the official website, the Huobi organization is built on integrity and righteousness, a commitment to openness, innovation, cooperation and an enterprising spirit. Huobi is a platform offering 24/7 customer service, having first digital asset evaluation system, the user educational mechanism before investment, an open to the public audit process for listing, the advance compensation system, investor protection fund, and many other useful features.

Line to Launch Bibox Exchange in Singapore

Bitbox supports 28 digital currencies, including Bitcoin, Ethereum, USDT, XRP, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, MonaCoin, Qtum and Golem
16 July 2018   140

One of the most popular messengers in Asia Line has launched a Bitbox exchange in Singapore. Trading on the platform started this morning and is limited to pairs with crypto-currencies, Cryptovest reports.

Bitbox supports 28 digital currencies, including Bitcoin, Ethereum, USDT, XRP, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin Gold, MonaCoin, Qtum and Golem.

BITBOX is only for trading cryptocurrencies (Digital Tokens). Fiat currencies (USD, KRW, etc.) cannot be exchanged on BITBOX.
 

Bitbox Website

Bitbox charges a 0.1% commission and supports 15 languages, including English, Korean, Chinese, Spanish, French and German. In Russia, the US, Japan and some other countries, the exchange is not available.

At the beginning of the year, Line Group applied for a license to the Japan Financial Services Agency, but the process dragged on because of tightening of the regulator's requirements in the light Coincheck exchange hack. All crypto exchange, wishing to provide services in the Japanese market, are required to obtain permission from the local regulator.

Currently, Line is also in the process of obtaining a license in the US. The company decided to open its first trading platform for crypto-currencies in Singapore, as this city-state adheres to a progressive approach to the regulation of the digital currency sphere.

With cryptocurrency, we are going to take our challenge in financial services global.
 

Takeshi Idezawa

CEO, Line

In May, Line Group denied rumors that it intends to release its own token and distribute it through the ICO. Every month Line is used by about 200 million people. The messenger is extremely popular in Japan, South Korea and Thailand.