Published
5 years ago on
November 12, 2018
“From the outset of the Upbit business, the company had a blueprint to become a global foreign exchange, not limited to the domestic market.â€Upbit recently launched an exchange in Singapore which supports Singapore dollars. The company aims for their new exchanges to support the baht in Thailand and the rupiah in Indonesia. Indonesia For Indonesia, the Upbit website isn’t as well designed but still portrays it’s message of “Buy and sell the latest crypto assets from our partner, Bittrex, the premium exchange from the United States†which is shown on the first page and apparently around 156 coins and 276 trading pairs will be supported.  Thailand On the front page of the Thailand website, it says “prepare to meet Upbit Thailand soon†the exchange also states that its service is in closed beta phase and is now available to only a limited number of early registrants. Over 130 coins and more than 240 trading pairs will be listed on the exchange. The government in the country completed its regulations on cryptocurrency in May. it is currently evaluating several applications which want to operate in the crypto space. Six crypto exchanges and one dealer has been allowed to operate in the country while their applications are being reviewed since they were in business before the regulations. What are your thoughts? Let us know what you think down below in the comments!
