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Korea's major exchange Upbit (Upbit) will open the exchange in Singapore next month

It is reported that Upbit (Upbit) , a major Korean cryptocurrency exchange, will set up an exchange in Singapore next month . For newly opened exchanges, we will deal with Singapore dollar transactions as well as pairs of virtual currencies.

The cacao talk operation cacao company invested in Dunamu, and the founded Upbit is the second largest cryptocurrency exchange in Korea now. The transaction volume per 24 hours climbs to about 230 million dollars (about 25.8 billion yen) and handles 271 kinds of currencies.

According to Yonhap News, the company revealed that it is planning to open an exchange on Saturday next Wednesday in Singapore .

Dunamu said it opened an office in Singapore in February this year and was preparing for the launch of the exchange. The top of the office tells as follows.

“Singapore actively supports Block Chain Technology, and its entry into the country will gain opportunities to lead various related projects, which will lead to international competitiveness”

Although the timing of the launch was not officially revealed, I acknowledge that the company will be in the beginning of October .

Article Source: Yonhap News


Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/upbit-to-open-exchange-in-singapore/

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