International

Cryptocurrency Exchanges In Asia: Thailand, Vietnam, South Korea And The Philippines Lead By Example

Cryptocurrency exchanges have started in various Asian countries. Thailand, Vietnam, South Korea and the Philippines are now leading by example.

Cryptocurrency In Thailand

Jibex has started trading in Thailand. The cryptocurrency exchange is powered by J.I.B. Computer Group Co. Ltd, as IT company that sells and distributes IT products across 150 crore stores in the country. Jibex is going to support just five crypto coins to start with. It will deal in Bitcoin, Ripple, Ether, Litecoin and Bitcoin Cash. It will also support e-wallets that support these cryptocurrencies. For the first 45 days, there won’t be any trading fee. The offer ends on June 26.

Cryptocurrency In South Korea

Axia Soft Co. Ltd., a South Korean game developer, launched Coinbit. The South Korean cryptocurrency exchange will charge zero commission fee until May. Initially, Coinbit will deal in 50 crypto coins like Bitcoin, Ripple, Ether, Ethereum, Bitcoin Cash, Litecoin, Neo, Stox and so on.

Cryptocurrency In Vietnam

Vietnam has got Kenniex as its cryptocurrency exchange. Kenniex charges 0.4 percent as the transaction fee. However, for the first month, it has been reduced to 0.2 percent. At the moment, traders can convert Vietnamese Dong to Ether or Bitcoin and vice versa.

Cryptocurrency In The Philippines

The Philippines is going to be the largest trading market to connect Asia and Europe, according to Coinvil CEO Park Rae-hyun. Glosfer, a South Korean company, will join hands with Coinvil to launch the cryptocurrency trading exchange in the Philippines, Bitcoin News reported.

[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]
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Sounak has years of experience in online news publication. He has previously worked for IBTimes, The Inquisitr and Free Press Journal.

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