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South Korea, Thailand, Vietnam and Philippines to Launch New...
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South Korea, Thailand, Vietnam and Philippines to Launch New Crypto Exchanges

The dawn of every new day see the release of new cryptocurrency exchanges, and this is happening a very rapid rate. Four platforms in South Korea, Vietnam, Thailand, and the Philippines have come up and we have decided to give you a quick overview of the latest exchanges.

Coinbit from South Korea

Axia Soft Co. Ltd., a Korean games developing company recently launched a crypto exchange called Coinbit. For its grand opening, the exchange is offering zero commission on trades up until the end of May 2018. According to the team, 50 cryptocurrencies will be listed to begin with and later over 100 coins will be listed by year end. The supported cryptocurrencies on Coinbit are bitcoin, ripple, ether, bitcoin cash, litecoin, stox, ethereum classic, waves, vechain, qtum, eos, omisego and neo.

Kenniex from Vietnam

Kenniex exchange is headquartered in Ho Chi Minh City, Vietnam. Customers are able to convert bitcoin and ether into VND and vice versa at a transaction fee of 0.4%. However for the first month of its launch, the fee has been reduced to 0.2%.

The exchange’s goal, according to the website, is to be the leading live cryptocurrency exchange in Vietnam, and the 1st  e-money trading platform in Vietnam to have a trading office where investors can experience firsthand services and also receive effective investment advice as well.

Coinvil from the Philippine

This exchange is yet to be launched. Glosfer and Coinvil , South Korean blockchain technology and services company have decided to team up  and build a cryptocurrency exchange in the Philippines. Glosfer will be building the platform while Coinvil will run the operations. This lead the Philippines to become the largest cryptocurrency trading market connecting Europe and Asia.

Jibex from Thailand

Cryptocurrency exchange Jibex recently began operations in Thailand. Jibex is backed by IT company J.I.B. Computer Group Co. Lt-  vendors of computer hardware and IT trading products with about 150 stores nationwide.

Initially, only 5 cryptocurrencies will be supported including bitcoin, bitcoin cash, ether, litecoin, and ripple. It is expected that more will be added in the near future. 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.

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.

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