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Singapore-based Crypto Exchange AlphaBit Forays Into South Korean Market

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Tue, 11/09/2018 - 15:03
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Singapore-based Crypto Exchange AlphaBit Forays Into South Korean Market
Cover image via U.Today
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Singapore-headquartered AlphaBit (ABCC) cryptocurrency exchange has announced about its plans to expand to South Korea, Korea Herald reports. The exchange has already launched a Korean website, and it’s currently working on a new trading app for mobile phones.

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ABCC's CEO Calvin Cheng explains that South Korea is considered to be one of the biggest crypto hubs in the world, so they feel enthusiastic about entering this huge market. In addition, he claims that the company is focused on long-term success rather than front-loaded financial gains.

The exchange, which offers their investors no-fee trading, was launched back in April.  

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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