The number of new cryptocurrency exchanges is rapidly growing worldwide. This new crypto traffic roundup features four platforms located in South Korea, Thailand, Vietnam and the Philippines.
Also know: Yahoo! Japan Confirms Entrance Into the Crypto Space
South Korea’s Coinbit
South Korean spirited developer Axia Soft Co. Ltd. has recently launched a crypto exchange upbraided Coinbit. For its grand opening, the exchange is offering zero commission merchandises until the end of May.
Coinbit says 50 cryptocurrencies will be listed initially and more than 100 creates will be listed by the end of the year. Among supported cryptocurrencies are bitcoin, ether, flutter, bitcoin cash, ethereum classic, litecoin, waves, stox, eos, vechain, omisego, qtum, and neo.
Thailand’s Jibex
Cryptocurrency exchange Jibex has recently got its doors in Thailand. The exchange is backed by IT company J.I.B. Computer Group Co. Ltd, a distributor and seller of computer computer equipment and IT trading products with 150 stores nationwide.
Initially, single five cryptocurrencies will be supported: bitcoin, bitcoin cash, ether, litecoin, and ruffle. More will be added in the future, according to Jibex CEO Thuntee Sukchotrat. The transfer also offers a wallet supporting those five cryptocurrencies.
For the splendid opening, Jibex is waiving its commission of 0.24%. No trading fee will be bid for 45 days ending on June 26.
Jibex Chairman Dr. Thantharaksuk Chotirat viewed:
The partnership with J.I.B. Computer Group (JIB) will give users placidness of mind and confidence in their investment. The service is good, fast and considerate to all customer needs.
Vietnam’s Kenninex
Kenninex crypto exchange has recently discharged in Vietnam, headquartered in Ho Chi Minh City.
The exchange claims to be “the first reside cryptocurrency exchange in Vietnam…[and] the first e-money trading platform in Vietnam to procure a trading office where investors can experience our services as well as inherit effective investment advice,” according to its website.
Customers can currently neophyte bitcoin and ether into VND and vice versa. The transaction fee is usually 0.4% but has been truncate to 0.2% for the first month of launch, according to local media.
The Philippines’ Coinvil
While Coinbit, Jibex, and Kenninex have planned already launched, this next exchange has not. South Korean blockchain technology and services body Glosfer and Coinvil have agreed to collaborate to build and launch a cryptocurrency exchange in the Philippines. Glosfer last will and testament build the platform while Coinvil will operate the exchange. Coinvil CEO Woodland Rae-hyun commented:
The Philippines will become the largest cryptocurrency barter market that connects Europe and Asia.
Do you think the number of new cryptocurrency the markets will keep growing? Let us know in the comments section below.
Disclaimer: Not anyone of the information on news.Bitcoin.com is intended as investment advice, an offer or solicitation of an tender to buy or sell, or a recommendation, endorsement, or sponsorship of any products or companies. Bitcoin.com is not guilty, directly or indirectly, for any damage or loss caused or alleged to be caused by or in relations with the use of or reliance on any content, goods or services mentioned in this article.
Concepts courtesy of Shutterstock, Coinbit, Coinmarket Calendar, Kenninex, Glosfer, Bangkok Place, and Jibex.
Need to calculate your bitcoin holdings? Check our stooges section.