Bithumb, South Korea’s top digital asset exchange, revealed Thursday that it is combining its system with mobile applications from three major local financial institutions: Samsung Securities, NH Nonghyup, and KB Kookmin Bank.
Bithumb users may now access current crypto prices as well as the status of their digital asset investments, such as earning rates, via Samsung’s mPOP, NH Smart Banking, NH Allone Bank, and KB StarBanking mobile applications.
“As digital assets move closer to traditional finance, we are thinking about ways for customers to manage their portfolios at ease,” Bithumb wrote in a press release.
Last year, the cryptocurrency exchange teamed with NH Nonghyup Bank, which provides real-name withdrawal and deposit accounts to Bithumb users in line with South Korean cryptocurrency legislation.
Bithumb, Upbit, Coinone, Korbit, and Gopax are the top five cryptocurrency exchanges in South Korea. Last year, it accounted for 17.1 percent of overall crypto trade volume in the country.