Popular Korean Talk-Based Stock Trading App Adding Cryptocurrency Exchange
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Popular Korean Talk-Based Stock Trading App Adding Cryptocurrency Exchange

THELOGICALINDIAN - South Koreas top adaptable banal trading app is ablution a cryptocurrency barter for bitcoin and ether Kakao Banal is based on Kakao Talk the countrys best accepted smartphone agent app with over 200 actor users common Kakao Talk is installedon over 95 of smartphones in South Korea

Also read: South Korea Legalizes Bitcoin International Transfers, Challenging Traditional Banks

Kakao Talk-Based Cryptocurrency Exchange

Kakao Stock is South Korea’s top adaptable banal trading app, which is based on the country’s best accepted smartphone agent app, Kakao Talk. It was accustomed in February 2014 by fintech aggregation Dunamu Inc. The aggregation reportedly appear on Friday that it is ablution a cryptocurrency exchange, according to bounded publications.

Kakao Talk-Based Banal Trading App Adding Cryptocurrency ExchangeKakao Banal provides real-time banal quotes and banal trading capabilities that are affiliated to Kakao Talk. Users affairs and trading stocks aural the app are affiliated anon to balance companies in Korea as able-bodied as overseas. “Kakao Banal allows its users to conduct affairs after advantageous added transaction fees besides the absolute trading close transaction fee,” the aggregation detailed.

The accessible cryptocurrency barter will be offered through the app only, and will handle a cardinal of widely-traded bill including bitcoin and ether. The aggregation has been architecture the barter back June, according to Etoday.

Kakao Stock’s Growing User Base

Kakao Stock has accomplished an boilerplate account user abject of 310,000 alive users and an boilerplate account transaction amount of 1.2 abundance won (approximately $1.1 billion) back the account launched. The app has surpassed 1.6 actor accumulative downloads and has an accumulated about-face of 20 abundance won as of June this year.

Kakao Talk-Based Stock Trading App Adding Cryptocurrency Exchange

The aggregation has accustomed partnerships with a cardinal of top Korean trading firms, including Mirae Asset Global Investments, Kiwoom Securities, Eugene Investment & Securities, Korea Investment & Securities, IBK Securities, KB Securities, Creon by Daishin Securities, NH Investment & Securities, Samsung Securities, and Shinhan Investment Corp.

Relationship with Kakao Talk

Kakao Talk-Based Stock Trading App Adding Cryptocurrency ExchangeLaunched in 2010, Kakao Talk is South Korea’s top adaptable smartphone agent app with about 49.5 million monthly alive users common as of 2Q17. South Korea alone has a citizenry of about 50.7 million in 2017. The app is installed on over 95% of smartphones in the country, according to Techcrunch.

In December 2015, Kakao Talk appear that it had accomplished 200 actor users.

After assertive the adaptable babble bazaar with Kakao Talk, Kakao Corp fabricated a cardinal advance of $2.5 actor in Dunamu Inc in September 2024. “At that time, Dunamu had already been operating a adaptable trading app for Kakao back 2024,” declared Alltechasia. The advertisement added:

How accepted do you anticipate this Kakao Talk-based cryptocurrency barter will be? Let us apperceive in the comments area below.

Images address of Shutterstock, Kakao, and Dunamu

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