S.Korea’s Bithumb links system with Samsung Securities, mobile apps
forkast.news 05 August 2022 02:44, UTC
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South Korea’s leading digital asset exchange Bithumb is linking its system with mobile applications from three major domestic financial institutions — Samsung Securities, NH Nonghyup and KB Kookmin Bank, Bithumb announced Thursday.
- Bithumb users can now check up-to-date crypto prices and the status of their digital asset investments such as earning rates through Samsung’s mPOP, NH Smart Banking and NH Allone Bank, and KB StarBanking mobile applications.
- “As digital assets move closer to traditional finance, we are thinking about ways for customers to manage their portfolios at ease,” Bithumb wrote in a press release.
- The cryptocurrency exchange partnered NH Nonghyup Bank last year, where the bank provides real-name withdrawal and deposit accounts to Bithumb users in accordance with South Korea’s crypto regulations.
- Bithumb is among the top five crypto exchanges in South Korea along with Upbit, Coinone, Korbit and Gopax. It was responsible for 17.1% of total crypto trade volume in the country last year.
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