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May 21, 2018

Crypto exchanges OKCoin, Zeniex, Huobi to make Korean debut

PUBLISHED : February 05, 2018 - 15:51

UPDATED : February 05, 2018 - 15:51

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[ET NEWS] Chinese cryptocurrency exchanges including OKCoin, Zeniex and Huobi are rushing to debut in Korea, with preorder demand already soaring. 

Zeniex, an exchange jointly established in Korea and China, is planning to kick off its service in February. 

To promote its service, Zeniex is holding a lucky draw, giving out gifts including a bitcoin mining machine from Bitmain and a wallet, for customers signing up for preorders before the official launch. 




OKCoin, China’s major cryptocurrency exchange, is close to debuting here. It received 150,000 preorders in the first round, while the second round of preorders has attracted 200,000 users. 

Established in 2013 by Star Xu, Beijing-based OKCoin was forced to shut down in China last October, following a government crackdown. In the wake of the ban, OKCoin shifted its major operations overseas, including Japan. 

Another Beijing-based Huobi, which at one time was China’s largest exchange before the crackdown, is getting ready to launch its service in the first half of this year. It is hiring new employees, touting an annual salary of more than 100 million won (US$920,000).

By Jung Young-il (jung01@etnews.com) (sahn@heraldcorp.com)
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by The Investor and ET News

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