Less than 10 coins listed on domestic exchanges 3-4 years ago
Suddenly in the last 100 or more
Transaction ends at Upbit after recent controversy over’God Money 2′
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It was found that the number of coins listed on domestic cryptocurrency exchanges increased sharply from less than 10 to more than 100 in 3-4 years. Some say that cryptocurrency has become an investment destination, but it is pointed out that investors need attention because there are many problems such as increasing false disclosures.
On the 21st, the number of coins listed on the won market of four major exchanges including Bithumb, Upbit, Kobit, and Coinone has exploded in recent years. When Upbit was founded in October 2017, only one bitcoin was listed on the won market, but 114 coins are being traded until the 19th. Bithumb also had only 8 coins listed at the time of May 18, 2017, but has increased to 143 as of the 19th. Coinone also traded only one bitcoin for the first time, but it increased to 181. Corbit currently has 30 coins listed on the KRW market. The exchange is listing coins through internal screening based on the sustainability and marketability of the business model.
However, it is necessary to pay attention to the increasing number of coins disappearing from exchanges. In the exchange, this is called the end of transaction support. In terms of stocks, it is the same concept as delisting. Recently, Upbit’s coin’Go Money 2′, which was listed on the’Bitcoin Market’, was delisted after controversy. The Bitcoin Market is a place to buy and sell other virtual assets with Bitcoin. GoMoney 2 announced that it was “invested from the Celsius Network, a North American fund worth 5 trillion won,” but it turned out to be false, and Upbit ended its transaction support as of noon on the 19th.
In Bithumb, 37 coins have been delisted from November 2019 to the present, and 14 coins have been omitted from Upbit. When the exchange finds a violation of the law, inappropriate use of coins, or technical vulnerability, the exchange decides to delist after designating a transaction-related item.
/ Reporter Lee Tae-gyu [email protected]
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