INEX Becomes No.1 in Korea’s USDT Market Share — Industry Takes Note of the Latecomer’s Rapid Rise
Seoul, South Korea, May 16th, 2025, Chainwire
INEX, a crypto exchange based in Korea, has emerged as the market leader in USDT trading in the Korean market. Remarkably, this milestone comes just four months after the official launch of its trading services.
Despite entering the market only in December last year, INEX has gained rapid traction thanks to its clean, user-friendly interface and a team with deep experience in the crypto industry. The platform’s intuitive design has resonated with both new and seasoned crypto investors.
As crypto regulations tighten and the industry becomes increasingly integrated into the mainstream , many in the industry view INEX as a strong contender to operate a KRW-based crypto exchange. Korean banks, responding to growing institutional demand for crypto services, are actively seeking compliant VASPs (Virtual Asset Service Providers) as partners. INEX is considered a top candidate to meet these needs. Additionally, the company is playing a proactive role in exploring collaboration models with banks as it prepares to launch a KRW-based crypto exchange
INEX recently introduced a “0% fee for life” policy, strengthening its user retention strategy. At the same time, the exchange is pioneering innovative, blockchain-powered revenue models that further differentiate it from competitors. These bold and strategic initiatives could potentially reshape the competitive landscape of Korea’s crypto exchange market.
With plans to enter the KRW-based trading market, INEX is proactively aligning itself with both domestic and international regulatory requirements. By integrating with Web3 financial services and leading the way in non-custodial staking solutions, INEX is positioning itself not just as a crypto exchange, but as a next-generation crypto financial services platform.
About INEX
INEX is a cryptocurrency exchange based in Korea, recognized as a market leader in USDT trading within four months of its launch in December. The platform features a user-friendly interface and benefits from a team with extensive crypto industry experience. As regulatory landscapes evolve, INEX is positioning itself to operate a KRW-based crypto exchange, proactively engaging with banks and aligning with regulatory requirements. The company is also pioneering innovative revenue models and non-custodial staking solutions, aiming to become a comprehensive Web3 financial services provider.