South Korea’s state media endorsed BW.io as the third largest exchange

Recently, TryAngle, a world blockchain competition held in South Korea, has kicked off and entered the review stage. It is reported that the contest is a world-class blockchain competition organized by Star in Tech, a subsidiary of Korea’s largest IT media group electronic news. Korea Electronic Media Group is the official media of the Korean government, and it is also the largest IT technology media in Korea. All media of Korea Electronic News Media Group are in cooperation with NAVER and DAUM, the largest portals in Korea. For this competition, the electronic news media group also exported to all media on NAVER.

Maybe many people are not familiar with the Korean electronic media group. The electronic news media group is equivalent to CCTV media in China. It always represents the mainstream attitude of South Korea, and it is also the most authoritative mainstream media in South Korea.

The TryAngle Blockchain Contest is also the largest blockchain industry competition held in Korea so far. This shows that both the Korean IT industry and the mainstream media have a high degree of emphasis on this competition.

It is worth mentioning that BW.io is the representative of the exchange in this competition, not only as one of the co-organizers, but also as one of the core jury members of the TyrAngle competition. It not only recommended some quality entries such as Conflux, MAC, ACC, CCTC, WICC, CTT, etc., but also the participants will receive BW.io online rights, and the winners will get the online right on 10 exchanges. Star projects can be listed free and get a chance to win 1 billion investment and massive exposure in South Korea.

As a member of the jury, BW.io and BW.io CEO Pony were also reported by the electronic news group on a large scale in the form of paper media, which made BW.io the first exchange in the world to be reported by the electronic news group. The popularity of BW.io in the Korean market will be further enhanced, and this also means that BW.io is also recognized by the mainstream Korean media.

As a country that supports digital currency, South Korea has formed a very complete system of domestic speculation and a mature market. This also makes South Korea the country with the highest proportion of global speculative users, and can even describe it as “the whole country”. The digital currency industry is very developed. BW.io entered the Korean market, and its opening of the Korean Won trading zone and the Korean Won OTC channel also made BW.io continue to be accepted by Korean speculators. At the same time, BW.io also received mainstream recognition including Korean project parties, mainstream media and KOL, etc.

Today, BW.io has become the third largest digital currency exchange in Korea after Upbit and Bithumb. At the same time, the number of BW.io Korean users has exceeded 200,000, and according to the data, more than 5,000 BW.io users from Kakao have performed KYC, , and Korean users have become the largest user source of BW.io. Globally, BW.io Q3 has a trading volume of US$1.16 billion in the quarter, and is among the top ten in exchanges with Binance and OKEX.

From the word of mouth, BW.io also has a higher status in the hearts of Korean users, and the favorable rate is higher. BW.io will also gradually become the leader in the Korean exchange, and BW.io’s entry into the Korean market is undoubtedly very successful.

BW.io has added the margin trading of digital currency derivatives from previous spot transactions. Currently, margin trading beta has been launched. It is reported that BW.io is the first digital currency exchange in Korea to play online margin trading, which also helps BW.io took the lead in the Korean digital currency derivatives.