At 15:00 UTC on Wednesday, the much-anticipated Zhejiang testnet for staking withdrawal went live on Ethereum’s Beacon chain. Zhejiang will enable the testing of the Ethereum Improvement Proposal (EIP) 4895 which allows for staking withdrawals. This is in preparation for the network’s next major update, the Shanghai hard fork slated to launch sometime in March. Users Can Make Simulated Withdrawals with Zhejiang In a tweet yesterday, DevOps engineer at Ethereum foundation Barnabas Busa gave details about the Zhejiang testnet slated…
The Best Crypto Exchanges in South Korea
Here are some of the best cryptocurrency exchanges in South Korea:
- Bithumb: Bithumb is one of the largest and most widely used cryptocurrency exchanges in South Korea. Bithumb offers a wide range of trading pairs and has a strong reputation for security.
- Upbit: Owned by South Korean internet giant Kakao, Upbit is another popular exchange in South Korea that offers a wide range of trading pairs and is known for its high trading volume and low fees.
- Coinone: Coinone is a South Korean cryptocurrency exchange that focuses on providing a simple and user-friendly trading experience. It offers a variety of trading pairs and is known for its low fees and fast transaction speeds.
- Korbit: Korbit is a South Korean cryptocurrency exchange operating since 2013. It offers a wide range of trading pairs and is known for its high security and user-friendly interface.
- Huobi Korea: Huobi Korea is a subsidiary of the popular global cryptocurrency exchange Huobi. It offers a wide range of trading pairs and is known for its high trading volume and low fees.
- Coinplug: Coinplug is a South Korean cryptocurrency exchange that offers a variety of trading pairs and is known for its user-friendly interface. It also offers a mobile app for trading on the go.
- Binance: Binance is a global cryptocurrency exchange. It had a subsidiary in South Korea which it closed down in 2020. However, they recently acquired a big stake in the local crypto exchange GOPAX and will soon re-enter the Korean market.
All of the above exchanges are well-established, with good reputations and high trading volume, and have been around for a while. They offer a variety of trading pairs and are known for their security and user-friendly interface. However, it is always recommended to do your research and choose the one you feel most comfortable with that suits your needs.