OKCoin Korea Exchange Launched

According to the company, users can quickly and safely buy and sell bitcoins for Korean won on a new platform
03 April 2018   464

The team of OKCoin announced the launch of the same-name cryptocurrency platform for trading in South Korea. The new site was called OKCoin Korea.

Okcoin Korea
Okcoin Korea

According to the company, users can quickly and safely buy and sell bitcoins for Korean won on a new platform.

A year ago, OKCoin was on the list of the world's largest crypto exchanges, but under the pressure of the Chinese authorities it was forced to actually turn down the work.

In parallel, the company launched the international exchange OKEx, which is now in the top five of the largest crypto exchanges, outperforming in terms of trading volumes such sites as Bitfinex, Buthumb and Bittrex.

80% of the 2016 Top Exchanges to be Replaced

In 2016, largest cryptocurrency exchanges were OKCoin (184th now), Btctrade (50th now) and Huobi (still at 3rd place)
30 May 2018   401

Over the past 2 years top cryptocurreny exchanges list have met big changes. The research was made by Bitcoin. com.

As of August 2016, according to the data of Coinmarketcap, the leading exchange for crypto-currency was Okcoin.cn with a 24-hour trading volume of $ 440 million. Today it occupies only 184 lines with a volume of $ 17,000. Then and now the main crypto-currencies on the exchange were bitcoin and Litecoin.

The second line in 2016 was occupied by Btctrade, with $ 218 million daily volume. At the moment, this exchange is on the 50th position with a volume of only $ 21 million. Today BTC and ETH is the most actively traded at the exchange.

2016 Top Exchanges List
2016 Top Exchanges List

From the first ten of 2016 only 2 exchanges were able to remain among the largest trading platforms: Huobi and Kraken. Huobi continues to hold the third position: during this time, its volume of trading increased from $ 165 million to $ 1.2 billion.

This is the list of the leading stock exchanges in the world for 2016 and today:

  1. Okcoin.cn (184 now). Today: Binance
  2. Btctrade (50 now). Today: OKEx
  3. Huobi. Today: Huobi
  4. CHBTC (closed). Today: Bitfinex
  5. BTCC (33 now). Today: Upbit
  6. Poloniex (26 now). Today: Bithumb
  7. BTC100 (closed). Today: HitBTC
  8. Btcbox (23 now). Today: Kraken
  9. Itbit (39 now). Today: GDAX
  10. Kraken. Today: Bibox

Thus, the rapid changes in the segment of the cryptocurrency are undergone not only by digital assets, but also by infrastructure elements, such as cryptocurrency exchanges. Among the most popular coins, as of 2016, included Maidsafe, Nxt, Dogecoin and even The DAO.