Binance To Launch Fiat-to-Cryptocurrency Exchange in South Korea

Jul 17,2019 at 07:34 am



The world leading crypto exchange Binance is rumored to be planning the launch crypto-to-fiat exchange in South Korea.


Local media outlet, Block in Press, quoted Changpeng Zhao (CZ), the founder and chief executive officer (CEO) of Binance as stating: “We do not know the details related to the establishment of the Korean branch. We are working with local partners, but we do not know the details." A Binance representative also reportedly told the publication, “We have been in discussions with BXB, but there is no specific decision.”


Binance is currently seeking to hire a Compliance Officer based in South Korea, further evidencing the company’s intent to open a Korean exchange. The advert for the position specifies that the candidate must possess “Good knowledge on provisions of local laws, directives, regulations and otherwise standards applicable to subject persons and knowledge of upcoming regulation of virtual currency policies is a strong plus.”


Rumors of a potential South Korean Binance exchange first surfaced in January 2019, when The Block reported South Korea to be among 8 countries that the company was considering opening a new branch in.


On July 10, 2019, Binance fully launch edits crypto-to-fiat exchange in Singapore. The exchange was launched in partnership with Vertex Ventures China and Vertex Ventures Southeast Asia and India.

Remaining:

BTC $500/one time

Earn an average $54.42/month

Hurry up Limited quantity
  • Hashpower 11 TH/s
  • Mining days: 655
  • Alghoritm: SHA-256
  • Daily Fees: $0.86

You may also like:

How much can you earn with
?

BTC $500 11 TH/s
BTC $1000 21 TH/s
BTC $2500 53 TH/s
BTC $5000 106 TH/s
You can earn an average of $54.42/month
Hurry up Limited quantity
Maximum earning for this package $ 59.862 per month Actual earning for this package $ 51.699 per month Algorithm SHA-256 Daily Fees $ 0.86
You can earn an average of $104.13/month
Hurry up Limited quantity
Maximum earning for this package $ 114.543 per month Actual earning for this package $ 98.9235 per month Algorithm SHA-256 Daily Fees $ 1.55
You can earn an average of $263.46/month
Hurry up Limited quantity
Maximum earning for this package $ 289.806 per month Actual earning for this package $ 250.287 per month Algorithm SHA-256 Daily Fees $ 3.92
You can earn an average of $526.92/month
Hurry up Limited quantity
Maximum earning for this package $ 579.612 per month Actual earning for this package $ 500.574 per month Algorithm SHA-256 Daily Fees $ 7.8