Why did South Korea lose $110 billion to foreign crypto exchanges?
South Koreans transferred 160 trillion won ($110B) to foreign platforms because domestic CEXs face strict regulations limiting them to spot trading only, while foreign exchanges offer leveraged derivatives and advanced products. This regulatory gap creates competitive disadvantages. For businesses building exchanges, partnering with Bitdeal for centralized exchange development ensures platforms have multi-jurisdictional flexibility and comprehensive product capabilities, allowing them to compete globally rather than being constrained by restrictive local regulations.
Visit - https://www.bitdeal.net/centralized-exchange-development-company
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