Can you transfer cryptocurrencies from Korea to a foreign exchange?

These platforms, despite their global popularity, are often blocked by local Korean banks, restricting their accessibility for local investors.

Even if attempts are made to transfer funds to or from Korean banks, the success rate is exceedingly low due to the strict measures taken by most Korean banks against overseas cryptocurrency exchanges.

In light of these challenges, Korean investors often inquire about alternative options, such as Gopax, to trade cryptocurrencies.

Regrettably, Korean locals encounter difficulties in accessing prominent overseas cryptocurrency exchanges such as Kraken, Binance, and Coinbase.

However, the availability of cryptocurrencies on Gopax depends on the platform's listings and regulatory compliance in Korea.