launches in ‘tremendously important’ South Korea 

credit: Shutterstock
credit: Shutterstock

Cryptocurrency exchange has announced the official launch of the App in South Korea. 

The launch of the app enables Korean retail users to trade cryptocurrencies such as Bitcoin, Ethe, DOGE, and over 150 more via opening an account which is supported by “best-in-class” security and compliance features. 

Users will also have access to exclusive NFT projects via NFT, educational and resource materials via University, as well as user benefits and rewards offerings.

Eric Anziani, President and COO of, said: “We are incredibly excited to be launching the App for retail users in South Korea – a market of tremendous importance to the growth of our business, and one in which consumers are very interested in crypto. 

“South Korean regulators are thoughtfully advancing the sector and we look forward to continuing to collaborate with them to help grow the industry responsibly.”

As part of the app launch and in line with South Korean regulations, gave 30-days notice to users of its acquired OK-BIT platform that it was ceasing services as on 29 April, when the App will go live in the country. has stated it will continue to consult with the South Korean regulatory authorities to ensure compliance with local laws and regulations with the highest standards of ethics, compliance and risk management. 

Patrick Yoon, General Manager of South Korea, added: “South Korean crypto enthusiasts are highly engaged with the market and eager for more comprehensive and regulated Web3 products and services. 

“We spent significant time and resources tailoring our offering for this market and are honoured to be the first and largest global cryptocurrency exchange to launch in South Korea.”

South Korea becomes the latest market that has received regulatory clearance for its range of crypto-based products and offerings. 

The exchange has so far received clearances in the UK, Spain, Singapore, as well as securing various Memorandum of Understanding’s (MoUs) with leading financial services and technology companies.