Korbit Launches 'Sma2u' Service for Automatic Cryptocurrency Purchases
[Asia Economy Reporter Lee Jung-yoon] Korea-based cryptocurrency exchange Korbit announced on the 28th the launch of its Smartu service, which automatically purchases cryptocurrencies such as Bitcoin and Ethereum.
The Smartu service consists of installment purchases and bundled purchases, both of which only allow market orders.
Installment purchases enable investors to repeatedly and automatically buy cryptocurrencies according to a pre-scheduled cycle (daily, weekly, monthly), investment amount, cryptocurrency type, and duration. Currently, this service supports only Bitcoin and Ethereum investments, with purchase amounts set between a minimum of 10,000 KRW and a maximum of 1,000,000 KRW per cycle.
Bundled purchases allow investors to buy multiple types of cryptocurrencies at once according to a pre-configured portfolio, with the distinctive feature that investors can freely set the purchase ratio for each cryptocurrency.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Lee Jung-woo, Director of Technology Research at Korbit, stated, "We planned Smartu not as a simple trading service but to enhance investor convenience," adding, "We will continue to develop new services to contribute to creating a sound and rational investment environment."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
