The number of new cryptocurrency exchanges is rapidly growing worldwide. This new crypto exchange roundup features four platforms located in South Korea, Thailand, Vietnam and the Philippines.
Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space
South Korea’s Coinbit
Coinbit says 50 cryptocurrencies will be listed initially and more than 100 coins will be listed by the end of the year. Among supported cryptocurrencies are bitcoin, ether, ripple, bitcoin cash, ethereum classic, litecoin, waves, stox, eos, vechain, omisego, qtum, and neo.
Thailand’s Jibex
Initially, only five cryptocurrencies will be supported: bitcoin, bitcoin cash, ether, litecoin, and ripple. More will be added in the future, according to Jibex CEO Thuntee Sukchotrat. The exchange also offers a wallet supporting those five cryptocurrencies.
For the grand opening, Jibex is waiving its commission of 0.24%. No trading fee will be charged for 45 days ending on June 26.
Jibex Chairman Dr. Thantharaksuk Chotirat commented:
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.
Vietnam’s Kenninex
The exchange claims to be “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,” according to its website.
Customers can currently convert bitcoin and ether into VND and vice versa. The transaction fee is usually 0.4% but has been reduced to 0.2% for the first month of launch, according to local media.
The Philippines’ Coinvil
The Philippines will become the largest cryptocurrency trading market that connects Europe and Asia.
Do you think the number of new cryptocurrency exchanges will keep growing? Let us know in the comments section below.
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Images courtesy of Shutterstock, Coinbit, Coinmarket Calendar, Kenninex, Glosfer, Bangkok Post, and Jibex.
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Source: Bitcoin.com