Coinbit: New Korean Exchange on the Horizon

The new marketplace is launching tomorrow, with a catalog of 50 prominent digital assets.

Finally, the Coinbit exchange is ready for the open, after fading to meet the April 30 deadline. The new marketplace will open on May 11, while recording 50 of the hottest digital assets in this spring, in addition to already established ones like Litecoin (LTC).

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Korean trading is seen as extremely vital for the crypto ecosystem. Still, high-volume exchanges have fiat pairings upon the Korean Won, and give a whole different risk profile to various assets. Likewise, the Korean markets have served as price discovery device and a source of liquidity for different prominent ICOs, ensuring relatively active trading and fast listing.

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