South Korea's newest cryptocurrency exchange, APRObit, is set to launch in March with a pioneering integration of Bitfinex's joint order system. This strategic adoption makes APRObit the first exchange in Korea to connect users directly to one of the world's deepest liquidity pools.
Leadership and Strategic Partnerships
Key Figures:
- Park Jae-Soon, founder of Korea's inaugural IEO platform Tokenman, serves as APRObit's Chairman. With extensive experience in crypto strategy (including a role at Bitman, Korea's largest crypto community), Park brings proven leadership.
- Advisory Board: Accelerated by Bitwork (led by Andy Cheung, former OKEx COO), APRObit assembled a global alliance of blockchain experts to tackle liquidity challenges.
Notable Investors/Advisors:
- Zhao Dong: Bitfinex shareholder and founder of peer-to-peer lending platform Renrenbit.
- Andy Cheung: CEO of Bitwork and founder of derivatives exchange ACDX.
Competitive Advantages
👉 Explore APRObit's liquidity solutions
- Exclusive Market Position: As Upbit terminated its Bittrex partnership, APRObit becomes Korea's sole exchange sharing international market depth.
Regulatory Compliance: Fully aligned with FATF guidelines, offering:
- Ultra-low 0.05% base trading fee (discountable to 100% using APRO tokens).
- Fiat and crypto-to-crypto trading pairs.
Global Development Consortium
APRObit was co-developed by a coalition including:
- Genesis Block: Asia's largest crypto ATM/OTC provider.
- Renrenbit: Digital wallet developer managing 20,000+ BTC assets.
- AAIL: Specialists in AI/ML algorithms for financial systems.
"We're delivering a new trading experience built by global partners. APRObit bridges Korea to worldwide crypto markets." — Chairman Park Jae-Soon
FAQs
Q: How does the Bitfinex integration benefit traders?
A: Direct access to deep liquidity minimizes slippage and improves execution prices.
Q: What makes APRObit's fee structure unique?
A: APRO token holders enjoy up to 100% fee discounts, creating cost-efficient trading.
Q: Is APRObit planning global expansion?
A: Yes, the international consortium is designed to support scalable growth into new markets.
👉 Learn about APRObit's token economics
This launch represents a significant leap forward for Korea's crypto infrastructure, combining local expertise with global liquidity networks.
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