South Korea’s leading digital asset exchange Bithumb is linking its system with mobile applications from three major domestic financial institutions — Samsung Securities, NH Nonghyup and KB Kookmin Bank, Bithumb announced Thursday.

See related article: Scarred by Terra-LUNA, South Korea moves ahead with digital asset reform

Fast facts

  • Bithumb users can now check up-to-date crypto prices and the status of their digital asset investments such as earning rates through Samsung’s mPOP, NH Smart Banking and 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.
  • The cryptocurrency exchange partnered NH Nonghyup Bank last year, where the bank provides real-name withdrawal and deposit accounts to Bithumb users in accordance with South Korea’s crypto regulations.
  • Bithumb is among the top five crypto exchanges in South Korea along with Upbit, Coinone, Korbit and Gopax. It was responsible for 17.1% of total crypto trade volume in the country last year.

See related article: FTX said to be in talks to acquire S. Korea crypto exchange Bithumb