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Coinplug Launches iOS Bitcoin Apps for South Korea
South Korea's Coinplug has launched the country's first mobile apps for iOS, including both merchant and consumer tools.
Updated Sep 11, 2021, 11:03 a.m. Published Aug 13, 2014, 4:15 p.m.
South Korean bitcoin exchange and merchant software developer Coinplug has released three iOS mobile wallet apps, becoming the first company to release bitcoin mobile apps for iPhones in Korea.
Three versions of its wallet are available in the App Store. The functionality of each is tailored to different levels of users' exposure to and knowledge of bitcoin.
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- Bitcoin Wallet Plus: Coinplug's basic mobile app aimed at iPhone users who want to own, buy, sell and trade bitcoins at market price and limit price;
- Bitcoin Wallet: the basic, 'lite' version for users who only want to send, receive and hold bitcoins; and
- Bitcoin Balance Checker: for users who don't want to hold bitcoins, but still need to monitor addresses. This app can still scan any QR code to check a wallet's balance.
Bitcoin adoption in South Korea
's Richard Yun said the Korean media has been trying to educate people about bitcoin, especially Maeil, the country's daily business newspaper.
Yun added that Maeil holds Asia's largest annual business forum that usually hosts some of the world's top business speakers.
After suggesting a bitcoin-focused event, local bitcoiners convinced Maeil to add a digital currency sub-section to this year's conference, which will include Roger Ver, Jinyoung Lee of the Bitcoin Foundation and Korea University professor Peter Ho In.
Coinplug's progress
Since November 2013, Coinplug has raised $800,000 in VC funding, partly from Tim Draper's personal investment firm DFJ. It also assisted in developing South Korea's first and native bitcoin ATM, and launched three mobile apps for the Android platform in February.
Coinplug announced in July it would process payments for Galaxia Communications, which handles online payments as well as gift certificates and voucher sales.
Image via Sean Pavone / Shutterstock
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Sizin için daha fazlası
Bitcoin's massive underperformance to stocks in Q4 bodes well for January, says K33's Lunde
After an active morning Tuesday, bitcoin flattened out in afternoon trading around the $87,500 area, up 2% over the past 24 hours.
Bilinmesi gerekenler:
- Bitcoin held in the $87,500 in U.S. afternoon action on Tuesday, up 2% over the past 24 hours.
- K33 analyst Vetle Lunde suggested BTC's relative weakness to stocks this quarter could mean rebalancing-led buying once January rolls around.
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