South Korea is home to a great number of reputable cryptocurrency exchanges. In spite of the current impediments generated by the government and banks, Korea is still one of the countries that have a developed cryptocurrency exchange market. In today’s article, we will be looking at some of the best crypto exchanges for South Korean users in 2019.
UPbit is one of the largest Korean cryptocurrency exchanges by daily trading volume. The exchange was founded in 2017 by Song Chi-Hyung, one of the richest men in South Korea.
While in 2018, the UPbit founder and two other senior members were accused of creating fake accounts to increase their trading volume, the claims were denied by the company, and the exchange is still in the top Korean preferences.
UPbit has a user base of nearly 1.2 million and a daily trading volume at $192,422,573 USD.
The exchange supports the South Korean Won, which is great for local users that want to use fiat currency in order to purchase crypto. Fiat deposits can be made in and out of from…