Asia Hosts Four New Cryptocurrency Exchanges

The global portfolio of cryptocurrency exchanges diversifies with fast steps. Three more crypto trading platforms were established in South Korea, Thailand, Vietnam and another one to be launched soon in the Philippines.

Coinbit- based in South Korea

Coinbit becomes the latest crypto exchange launched in South Korea. It was designed and released by Axia Soft Co. Ltd. on 11 May. Users interested in using the services offered by the platform will benefit by May 2018 of zero commission trade.

According to media, Coinbit owns in its portfolio 50 cryptocurrencies, and another 100 will be added by the end of the year. Among the most popular crypto assets available on the platform are Bitcoin, Ethereum, Ethereum Classic, Ripple, Bitcoin Cash, Litecoin, Waves, Stox, EOS, Vechain, OmiseGO, Qtum, and NEO.

Jibex- based in Thailand

The second crypto exchange launched in Asia is called Jibex. It was released in Thailand by J.I.B. Computer Group Co. Ltd, a computer hardware supplier.

In the beginning, the platform will dispose of in its portfolio five cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple, while new ones will be added in the near future, said Jibex CEO.

Besides the ability to trade cryptocurrencies, the platform offers an integrated digital wallet that supports the mentioned five crypto assets. Until 26th June 2018, those interested can buy and sell digital coins at zero commission.

“The partnership with J.I.B. Computer Group (JIB) will give users peace of mind and confidence in their investment. The service is good, fast and attentive to all customer needs,” explained Jibex Chairman Dr. Thantharaksuk Chotirat.

Kenniex- based in Vietnamese

Vietnam hosts the new crypto exchange called Kenniex. It was launched in Ho Chi Minh City. According to its website, Kenniex is “the first live cryptocurrency exchange in Vietnam…[and] the first e-money trading platform in Vietnam to have a trading office where investors can experience our services as well as receive effective investment advice”.

Currently, those interested have the opportunity to convert only Bitcoin and Ethereum into VND and vice versa. Hurry, the commission trade is 0.2% only in the first month of launch.

Coinvil- based in the Philippines

If the other three crypto exchanges mentioned above have already been released, the one in the Philippines hasn’t yet. The crypto exchange will be a result of the collaboration between tech company Glosfer and Coinvil. The first will take care of the creation of the platform, while Coinvil will coordinate the exchange activities. “The Philippines will become the largest cryptocurrency trading market that connects Europe and Asia,” said Coinvil CEO Park Rae-hyun.