Korean Exchange UPBIT Lists Ontology
UPBIT has over $1,198,001,725 USD Daily Volume! Currently #5 exchange in the world and most favorite in South Korea.
The exchange was launched by Korea’s biggest messaging app developer, Kakao.
The company’s Kakao Talk app is Korea’s most popular messaging app by far. Kakao also offers Korea’s second most popular search engine, Daum, which sits just behind Naver in terms of overall volume. Other services offered by Kakao include a taxi app similar to Uber, a music streaming service, a YouTube-like video sharing platform, and a popular mobile gaming network. The company also offers Kakao Pay, which is the second largest mobile payment system in South Korea behind only Samsung Pay. To launch Upbit, Kakao Corp teamed up with American exchange Bittrex, which is one of the world’s largest cryptocurrency exchanges. Another unique feature of Upbit is the ability to trade currencies via the Kakao Stock platform, which is built on the Kakao Talk messenger. That means Korean cryptocurrency users will be able to trade cryptocurrencies as easily as they use the Kakao Talk messenger app.