While China has a nationwide ban in effect that restricts it's citizens to trade on any kind of cryptocurrency exchange, chinese people are no fools.
VPNs are great help here - just pick one for $10 a month and head online to the world of bytes and digis.
Not sure about Korea, but it seems the case is similar, perhaps a bit backwards? The country's exchanges are blocked to all outsiders - South Korean government is enforcing KYC for all crypto-exchanges.
With Bithumb Steem price at $5, the deposits and withdrawals still seem frozen (sorry the exchange is badly translated and) but anyone who held Steem on Bithumb, could unload it for a hefty hefty premium, for example trade it for Bitcoin and send it to Bitshares wallet. If blocked to access any of the exchanges from Korea - use a VPN.
South Korean officials fear that the gap will widen even more in the near future - between the prices on global exchanges and korean ones.
Here's my question - has anyone got any experience, any advice on getting an account on these premium exchanges?
Did you know, in Iran, BTCUSD hit $20 000 just a few days ago? I have no words. We here suffer the sub-$1 Steem price and just a click away it's 26K. Insane!
Thoughts? Ideas? Advice?
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