I'm curious about the use of Binance in Korea. I understand that Binance is a globally renowned cryptocurrency exchange, but does it operate in Korea? If so, are there any specific regulations or restrictions that Korean users need to be aware of? Additionally, are there any Korean-specific features or services offered by Binance? I'm considering getting started with cryptocurrency trading in Korea and would appreciate any information you can provide.
7 answers
ShintoBlessing
Mon Apr 01 2024
Binance, a leading global cryptocurrency exchange, has announced its comeback to the South Korean crypto market, two years after its withdrawal.
CryptoPioneer
Sun Mar 31 2024
This comeback is marked by the purchase of GOPAX, one of the top five crypto exchanges in South Korea. GOPAX, with its strong presence in the local market, offers a platform for secure and efficient trading of cryptocurrencies.
Sara
Sun Mar 31 2024
This move also underscores Binance's strategy of expanding its global footprint through strategic investments and partnerships. The company has been actively seeking opportunities to enter new markets and collaborate with leading crypto players.
IncheonBeautyBloomingRadiance
Sun Mar 31 2024
Binance CEO Changpeng Zhao (CZ) took to Twitter to announce the investment. He tweeted, “Binance has invested in South Korea-based GOPAX exchange using our Industry Recovery Initiative.” This move indicates the company's commitment to supporting the recovery of the crypto industry.
Sara
Sun Mar 31 2024
BTCC, a UK-based cryptocurrency exchange, is another player in the global crypto industry. BTCC offers a range of services including trading, wallet services, and more. Its focus on innovation and user experience has made it a popular choice among crypto enthusiasts in the UK and beyond.