BTCC returns to South Korea via wallet app two months after ban

  • BTCC resumed South Korean trading through its existing BTCC Wallet application.
  • The wallet offers more than 380 cryptocurrencies and leverage of up to 500 times.
  • South Korea blocked BTCC downloads in June for operating without registration.

BTCC, an overseas cryptocurrency exchange blocked on Google and Apple app markets in South Korea for operating without registration, has resumed services through its BTCC Wallet app. The wallet app added spot trading for more than 380 cryptocurrencies, linked existing BTCC accounts, and continues to support won deposits through domestic bank accounts. Users who transfer won to accounts believed to be connected to BTCC receive an equivalent amount of tether (USDT) in their exchange accounts. BTCC Wallet also offers perpetual futures on Bitcoin, Ethereum, XRP and Solana with leverage of up to 500 times. A cryptocurrency industry official said app-level blocking can leave recurring regulatory gaps when overseas operators switch to new applications or service formats.

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