Korean exchange Upbit raided by prosecutors.
The incident with the Upbit cryptocurrency platform was resolved.
Upbit exchange is just readily available in the Korean language,
and there is no English translation.
It is necessary to point out that Upbit only supports orders from 500 won($ 0.45).
Although Upbit is a significant exchange,
it has the right to delist any coin from its platform.
Upbit exchange was founded in October 2017
and swiftly became popular among Crypto traders in South Korea.
Upbit exchange was established in October 2017
and swiftly became popular amongst crypto traders in South Korea.
In a new Business Korea report, Upbit opened its doors for users to trial its service this week.
Upbit Review Upbit exchange was established in October 2017
and swiftly became popular amongst crypto traders in South Korea.
Upbit is suspected of fraud for allegedly selling
cryptocurrency to customers that it does not actually hold, according to the report.
At a press conference in Seoul on Tuesday,
the leaders of 14 domestic crypto exchanges including Bithumb, Upbit and OKCoin announced the rules.
According to the Coinmarketcap, the company's 24-hour trading volume currently stands at $250.41 million and
is higher than that of its closest rival, Upbit.
Upbit is a South Korean based cryptocurrency
exchange launched in October 2017, and by the first quarter of 2018, it had already become one of the most popular exchanges by trading volume.
The planned launch will see Upbit supporting an unprecedented 110 cryptocurrencies for a Korean exchange,
a feature that Dunamu anticipates will propel Upbit to become the largest cryptocurrency exchange in South Korea.