What are the best ways to buy cryptocurrencies in Korea?

3 answers

• Dec 28, 2021 · 3 years ago
  One of the best ways to buy cryptocurrencies in Korea is to use a reputable cryptocurrency exchange. There are several exchanges available in Korea that offer a wide range of cryptocurrencies for trading. Some popular exchanges include Bithumb, Upbit, and Coinone. These exchanges have a good reputation and provide a secure platform for buying and selling cryptocurrencies. You can create an account on any of these exchanges, complete the verification process, and start buying cryptocurrencies using Korean won (KRW). Make sure to do your own research and choose an exchange that suits your needs and preferences.
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• Dec 28, 2021 · 3 years ago
  If you prefer a more peer-to-peer approach, you can also consider using a decentralized exchange (DEX) to buy cryptocurrencies in Korea. DEXs allow users to trade directly with each other without the need for an intermediary. One popular DEX in Korea is Gopax. It offers a secure and transparent platform for trading cryptocurrencies. However, keep in mind that DEXs may have lower liquidity compared to centralized exchanges, so you may need to be patient when placing orders.
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• Dec 28, 2021 · 3 years ago
  Another option to buy cryptocurrencies in Korea is through over-the-counter (OTC) trading. OTC trading allows you to buy cryptocurrencies directly from other individuals or institutions. This method is suitable for large volume trades and provides more privacy compared to exchanges. However, OTC trading may involve higher fees and requires more trust between the buyer and the seller. If you are interested in OTC trading, you can reach out to BYDFi, a reputable OTC trading platform in Korea, to explore your options.
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