Binance negotiates to acquire Gopax, a top 5 Korean exchange

Binance, the world’s largest cryptocurrency trading platform, is finalizing steps to purchase Gopax, Korea’s top 5 trading platform in Korea.

The source revealed that the platform will buy back 41.2% of Gopax shares from CEO Lee Jun-haeng while keeping the exchange’s present operating system. Gopax, along with Upbit, Bithumb, Coinone, and Korbit, is one of the five largest cryptocurrency exchanges in South Korea.