Kakao Stock , the largest application for trading securities in South Korea, has added the opportunity to trade Bitcoin and Ethereum.
Kakao Stock is based on the country’s most popular smartphone messenger app, Kakao Talk. Thus, according to local publications, the company announced that it is launching a cryptocurrency exchange.
Kakao Stock provides real-time stock quotes and stock trading capabilities that are linked to Kakao Talk. Users buying and trading stocks within the app are connected directly to securities companies in Korea as well as overseas.
Kakao Stock allows its users to conduct transactions without paying additional transaction fees besides the existing trading firm transaction fee.
Kakao Stock team
The cryptocurrency exchange will be offered through the app only, and will handle a number of widely-traded coins including Bitcoin and Ethereum.