[Korean Exclusive News]
Author: Shin Yi Jin, South Korea
UPbit, the Korean exchange with the most cryptocurrencies, will list NAGA coin in the near future. This is it’s first new listing after the search and seizure investigations for a suspected fraud case earlier this month.
NAGA coin (NGC) was listed on Bittrex, a U.S. exchange, on 23rd May. UPbit plans to add the coin in its BTC and ETH market after the trading begins on Bittrex. By listing NAGA coin, UPbit now has 138 cryptocurrencies in its market.
NAGA coin is currently listed in 7 international exchange markets including Bittrex, OKEx, HitBTC, Cobinhood, Changelly and Cryptology. In South Korea, UPbit is the first exchange market to list the coin. There is a total supply of 77,900,000 NGC with a circulating supply of 57 million NGC. The market cap is about 38,420,000 USD.
NAGA coin is a cryptocurrency published by a German Fintech company, NAGA group. It tokenizes the finance service that was previously restricted by banks and companies, thereby reducing the cost of trading borne by traders and directing the decentralised platform. It is known that Roger Ver, a Bitcoin billionaire, participated in the publishing of the coin as an advisor.
Meanwhile, Bithumb, another Korean exchange, has listed several new coins recently. On 16th May, Bithumb newly listed 5 coins – TenX (PAY), WAX (WAX), Power Ledger (POWR), Loopring (LRC) and Gifto (GTO).