안국법률사무소

A Leading Korean Law Firm
For Foreign Investors and Immigrants
Since March 9, 2001
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Overview: Foreign Policies of Four Major Korean Crypto-exchanges

Overview: Foreign Policies of Four Major Korean Crypto-exchanges

1. Summary as of July, 2018

 

2. COMMENTS

 

  1. At Bithumb, a foreign individual can sign up without Alien Registration Card and domestic mobile and level up to the 2 class after review of passport. However, a foreign individual cannot deposit or withdraw KRW from or into his/her bank account.

 

  1. At Coinone, a Korean company can sign up only after a manual review and a foreign individual can sign up only with his/her domestic mobile number.

 

  1. At Korbit, a Korean company can sign up only after a manual review of its email application.

 

  1. At Upbit, a foreign individual can sign up only with his/her domestic mobile number.

 

* A Korean company wholly owned by foreigners is regarded as a normal Korean company.

** Concerning Sign-up process, Korbit is the most convenient.

*** Concerning freedom of activity, Coinone is the most convenient in case of a Korean company which can be owned by foreigners.

 

Thank you.

 

Heechan Jeong, Esq. at ANGUK LAW OFFICES

+82-2-3210-3330 +82-10-2774-3211 hcjeong@anguklaw.com

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