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GOPAX or Global Online Professional Asset exchange is a South Korea-based cryptocurrency exchange, and it is getting popular due to its low trading fees. The exchange does not charge any deposit fees and has very little withdrawal fees which depend on the type of currency involved. The exchange charges 0.0001 BTC when a user withdraws BTC. The exchange supports fiat currency – KRW and the exchange allows a user to deposit through both wire transfer and credit cards. The exchange has a web-based trading interface with decent looking charting. The exchange allows trading in 19 coins against the Won and the remaining against Bitcoin BTC. There are approximately 30 pairs with the major ones – Ethereum (ETH), Litecoin (LTC), EOS, OmiseGo (OMG), Stellar (XLM), and QYUM. The exchange provides no leverage trading. The exchange charges 0.075% for the takers which is very low from the industry average. The exchange charges -0.025% from the market makers which surprisingly means that a user gets paid for completing the order book. As the exchange only supports KRW, the non-Koreans may be little discouraged to use the platform. The exchange has its office in the US also, so the website is also available in English making it accessible to the non-Korean speaking audience.
South Korean National Assembly Organizes Regulation Debate Involving Local Crypto Exchanges
December 11, 2018
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