Korbit is a South Korean cryptocurrency firm base in Seoul and launched in 2013. It was the first exchange to launch a Bitcoin-Korean Won (BTC/KRW) market. It’s primary features include facilitating buying, selling, and secure storage of a broad spectrum of digital assets, encompassing major cryptocurrencies including Bitcoin and Ethereum, alongside numerous altcoins, primarily through KRW pairings.
Beyond these core trading functions, Korbit users can engage in crypto-to-crypto trading, utilize the platform’s dedicated digital asset wallet, and participate in staking services to earn rewards on their holdings. Korbit also operates a non-fungible token (NFT) marketplace and provides tools such as automated trading, recurring investment options, and bundled asset purchases.
Korbit employs employs robust security measures including multi-factor authentication and substantial cold wallet storage. The exchange is committed to full compliance with South Korea's stringent financial regulations, encompassing comprehensive anti-money laundering (AML) and know-your-customer (KYC) procedures and collaboration with domestic financial institutions such as Shinhan Bank for verified real-name accounts.
Project Information
Related Projects
Australian Payments Plus (AP+) is the national organization responsible for Australia's core payment infrastructure. It was formed by the merger of three key entities: BPAY Group, the operator of the ubiquitous BPAY bill payment service; eftpos, the national debit card system for point-of-sale transactions; and NPP Australia, which runs the New Payments Platform (NPP). In its infrastructure capacity, AP+ processes over 7.5 billion transactions annually and is central to the daily economic activity of the country.
AP+ is also an active researcher organization that is constantly exploring the capabilities of distributed ledger technology and a member of the Hedera Council.
The relationship with Hedera provides AP+ with a framework for developing and testing new solutions that could one day integrate with or enhance its established portfolio of payment services. This involvement complements its research into other future-focused technologies, including its participation in the Reserve Bank of Australia's CBDC pilot program.
HLiquity is a decentralized borrowing protocol built and deployed on the Hedera blockchain network. It offers users a method to take out loans against their HBAR collateral and enables HBAR holders to access liquidity in the form of a USD-pegged stablecoin without selling held HBAR assets.
The core mechanism allows users to deposit HBAR into a smart contract to mint the protocol's stablecoin to obtain interest-free loans with a one-time borrowing fee. HLiquity operates on a system of over-collateralization, requiring borrowers to maintain a collateral ratio above a specified minimum to secure their debt.
A key component of the protocol is the Stability Pool, where users can deposit the HLiquity-issued stablecoin. These deposits are used to absorb debt from liquidated positions, and Stability Pool providers are compensated with a share of the liquidated HBAR collateral. HLiquity aims to provide a capital-efficient and censorship-resistant borrowing solution within the Hedera DeFi ecosystem.
OKX, previously, Okcoin, is a prominent global cryptocurrency exchange and Web3 technology company headquartered in Seychelles. It serves over 60 million users worldwide and is known for its extensive range of digital assets.
The OKX platform supports trading for over 350 cryptocurrencies with numerous trading pairs and offers a comprehensive suite of services catering including spot, margin, and advanced derivatives trading such as futures with up to 125X leverage, perpetual swaps, and options.
Beyond its centralized exchange, OKX has significantly expanded into the Web3 space with its versatile OKX Wallet, a multi-chain self-custody wallet with support for decentralized applications (DApps), non-fungible tokens (NFTs), and a decentralized exchange (DEX) aggregator.
OKX also provides a growth platform for cryptocurrency holdings through its "OKX Earn" program which offers staking and savings products alongside automated trading via its artificial intelligence-powered automated trading bots.
It has its own native utility token, OKB, which provides users with trading fee discounts and access to exclusive platform features. Additionally, OKX has developed its own Layer 2 network, X Layer (formerly OKC Chain), a ZK-powered chain designed to enhance scalability and interoperability within its ecosystem, using OKB as the native gas token.
Coming soon..