South Korean Exchange Coinplug Launches Country's First Bitcoin Apps
Coinplug, the South Korean bitcoin exchange and merchant software developer, has released three apps for Android devices that include a bitcoin wallet, a trading app, and a POS system for merchants. They are the first mobile bitcoin apps available in Korean. The company's website also now features a map to find merchants accepting bitcoin and using its POS software. Maps will be updated daily to include any new businesses, which Coinplug also supplies with Korean-language 'bitcoin accepted here' window signs. Coinplug has developed its own native payment processing software, currently....
Related News
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. 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....
South Korean bitcoin services company Coinplug has enabled bitcoin purchases with credit cards through over 7,000 regular cashpoint ATMs across the country. As well as being the first to sell bitcoins through ATMs not specifically designed for that purpose, it will be the first credit card to bitcoin service in the country. The move, which allows customers to pay for Coinplug's prepaid okBitcard service, will make bitcoin available in many of South Korea's highest-traffic locations, including subway stations, convenience stores and busy city streets. Building infrastructure. The new....
South Korean bitcoin services startup Coinplug announced this week that it has secured another $400,000 funding in a personal investment from Tim Draper of venture capital firm DFJ. Chol Hwan Kim from Key Initiatives Technical Entrepreneur also participated in the investment. This funding is in addition to the $400,000 Coinplug has already received from Silicon Valley investor SilverBlue in November last year. Bitcoin ATM, Gangnam style. As well as its bitcoin exchange, Coinplug also develops wallet and merchant payment software. Last month it even launched its own two-way bitcoin ATM in....
[Update: We received more information on this story from two CoinTelegraph sources in the Bitcoin space who asked not to be named. One visited several 7-Eleven stores in Seoul and reported that he could not find the OKBitCard and that staff did not know what it was. The other source works for Coinplug and verified that it is possible to buy bitcoins through a pin code in the form of a receipt in every Korean 7-Eleven store. He said the cashiers will be trained on the procedure over time, and that eventually Coinplug will issue and distribute the actual cards. At this time, we have yet to....
Coinplug wishes to clarify to Korean readers that, while users can request to buy bitcoins over-the-counter at 7-11 stores now, the physical okBitcards will be available from the end of February. South Korean bitcoin services company Coinplug is rolling out a pre-paid bitcoin purchasing service to around 24,000 convenience stores across the country, with 8,000 7-Eleven stores already participating. The company says its 'okBitcard' service will be on sale in other major chains by the end of January. With those numbers, it will be the most widespread distribution of its kind in the world to....