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South Korean Crypto Exchanges Unveil System for Checking Market Volatility

South Korean Crypto Exchanges Unveil System for Checking Market Volatility
A group of South Korea’s major cryptocurrency exchanges has launched a system that alerts users of abnormal changes in the prices of cryptocurrencies. The alliance, dubbed the Digital Asset Exchange Association (DAXA) and comprising Upbit, Bithumb, Coinone, Korbit, and Gopax, said the new system will prevent information asymmetry.DAXA explained that the system sends notifications to users when the prices of cryptocurrencies suddenly rise or fall within a day. Additionally, the system notifies us... Read More
Posted: Jul 4 2023, 11:41
Author Name: financemagnates
Views: 092053

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