[Blockchain Today Reporter Ji-Hye Han] OKEX Korea (OK Coin Korea) announced on the 25th that as of April 7, both deposit and withdrawal of digital assets will end, and the service for all members will be terminated. have.
As OKEx Korea ceases operations, it is reported that more and more people think that OKEx will also withdraw from entering the Korean market. However, OKEx has nothing to do with OK Coin Korea.
An OKEx official said, “OKCoin Korea is an exchange that uses only OKEx’s name and has nothing to do with OKEx headquarters. OKEx will continue to provide trading services to users in Korea and around the world.”
Earlier, OKEx launched the industry’s first’integrated account’ system, and’integrated account’ is known to reduce the complexity of managing user funds by supporting all types of transactions in one account.
OKEx Korea said, “Since the official opening on June 18, 2019, it has been operating without any problems. However, in addition to the issue of the special laws to be enforced next year, the prohibition of sharing order books with overseas exchanges, “We are facing difficulties due to problems such as issuing real-name accounts, and we will stop operating them.”
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