South Korea community exchange Bitribe adds Bitcoin SV support

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Bitribe, the largest community exchange in South Korea, has announced support for Bitcoin SV (BSV).

The digital currency exchange launched Bitcoin SV in its aggregate trading section with two trading pairs, BSV/USDT and BSV/BTC. This makes BSV available to over 1 million Bitribe users in Korea and other Asian countries.

New Listing : $BSV – $BSV (@bitcoinassn) stems from a hard fork that split Bitcoin Cash and claims a strict adherence to Satoshi Nakamoto's vision for the original Bitcoin.

Trading Pair : BSV/USDT & BSV/BTC

TRADE OPEN: 16:00 (UTC+8), September 22nd

Happy trading ~@Sky201805 pic.twitter.com/sxeXumi3h2

— @Bitribe (@Bitribeofficial) September 22, 2020

Celine Yang, the Bitribe CEO commented, “As the largest community exchange in South Korea, Bitribe will bring more than 1 million global community users to participate in BSV’s Korean ecological layout, and is committed to providing the highest quality exclusive services to more BSV Asian investors.”

Bitribe has risen to become one of the biggest players in the vibrant and competitive Korean digital currency market. With business entities in Korea, Singapore and other Asian countries and over a million users, it’s the largest community-based aggregated exchange. It provides its users with digital asset issuance, digital currency aggregation transactions, blockchain project incubation and other decentralized finance services.

Despite being one of the newest entrants in the market, it processes billions of dollars’ worth of transactions daily. In the past 24 hours, the exchange recorded $4.4 billion in trading volume as per CoinMarketCap data.

Bitcoin Association Founding President Jimmy Nguyen welcomed the announcement, saying, “We are pleased to welcome Bitribe as another exchange to the BSV ecosystem. Interest in Bitcoin SV is strong in Korea and other Asian countries, and it’s wonderful to see Bitribe offer retail investors another platform to acquire and trade BSV. We are also glad to see Bitribe’s emphasis on compliance, which aligns with our vision to build a regulation friendly industry for digital currency.”

Bitribe becomes the latest platform to support Bitcoin SV as the world wakes up to the endless opportunities that only BSV offers. Just recently, Canadian online brokerage Netcoins added Bitcoin SV to its platform, making it the eighth digital currency it offers.

Mark Binns, the CEO of Netcoins’ parent company BIGG Digital Assets captured it best, saying that the inclusion of Bitcoin SV will attract even more users who want to explore the original Bitcoin, as Satoshi envisioned it.

Binns stated, “We are also excited to add Bitcoin SV to the Netcoins app, making Netcoins an even more attractive trading platform for Canadians.”

Other platforms that have launched support for Bitcoin SV in the recent past include exchange aggregator Swapzone, the South Korean subsidiary of Hotbit Global and South African based digital asset wallet AnkerPay.