Opting to partner with Bittrex for this particular venture is a rather surprising decision. Thats not because Bittrex is a bad exchange, as it has become the largest altcoin exchange in the world over the past few months. However, there is no reason to think Kakao wouldnt have been able to pull off such a venture on its own. Then again, having a reliable and experienced partner on board will only accelerate the development of Upbit and increase its overall potential.
Another Korean Exchange will open in this month with a possibility of adding ZCL to its trading list.