South Korea’s Coinplug Launches new Cryptocurrency Trading Platform
Coinplug, South Korean leader in bitcoin brokerage and service provider, recently announced on Friday the launch of a new business platform called Coinplug Digital Asset Exchange (CPDAX). Bitcoin, Bitcoin Cash, Ethereum and Litecoin are among the marketable assets listed on the new stock exchange, and they also stated that further cryptocurrency will be added in the future.
It is clear that South Korea is slowly integrating the cryptocurrency concept, and consumers and investors will certainly benefit from increased competition in this field.
Coinplug has received important funding from large investors such as:
SBI Asset Management and Tim Draper, Coinplug also collaborated with one of the largest banks in the country, KB Kookmin.
The team says that its platform will focus on stability and security, which the local market needs after recent violations. It will certainly be interesting to see the evolution of this platform in the coming months