About GOPAX
GOPAX is a licensed crypto exchange in South Korea operated by Streami, holding a virtual asset service provider license from the local financial intelligence unit, offering spot trading and fiat on and off ramps, with a deposit product called GoFi and control by a Binance-affiliated entity.
It targets demand for compliant trading channels in Korea, where local exchanges must meet real-name account and anti-money-laundering rules and users weigh licenses and custody arrangements. Risk concentrates in two places: the GoFi product saw withdrawal delays in 2022 when a partner's liquidity failed, denting trust for years; and in October 2026 the operator was named among institutions affected by a large data breach, without a detailed statement on scope.
GOPAX, a South Korean cryptocurrency exchange, has recently connected with Deepcoin, becoming the seventh overseas exchange to link with it, enhancing international trading capabilities. Additionally, Binance is seeking to sell most of its shares in GOPAX's operator to Megazone, marking a significant ownership change and strategic shift. These milestones hold long-term significance for GOPAX's development.
GOPAX (operator Streami) appointed Kim Na-young, former head of financial business development at AWS Korea, as new CEO on July 27, 2026, tasking her with normalizing operations; largest shareholder Binance pledged support for the new management. The new leadership prioritizes resolving the long-outstanding GoFi customer repayment issue (about 130 billion won frozen since the Genesis / FTX collapse) and preparing the VASP license renewal while strengthening internal controls.
GOPAX / Streami's Future strategy and roadmap: On future strategy, repaying GoFi funds and normalizing management are the top priorities, with resources concentrated first on resolving customer repayment. The company also plans to complete its Virtual Asset Service Provider (VASP) registration renewal within 2026, and based on strict internal controls and transparent operations, will keep strengthening communication with Korean financial regulators, leveraging Binance's global-standard technology and security to rebuild market trust and bring GOPAX back to normal operations.
Junhaeng Lee (Lee Jun-haeng) — Founder of Streami and co-founder & first CEO of GOPAX; Harvard history graduate; sold his stake to Binance and stepped down as CEO in 2023. Yeunjin Kong (Gong Yunjin) — Co-founder & CTO; Stanford CS background, mentored by Stellar's chief scientist.
James J.
Park — Co-founder; served as CFO/CBO, handling financial structuring and institutional investors.
Lee Seung-myung — Co-founder; former Deputy Representative, led operations and data.
GOPAX charges 0.20% maker and 0.20% taker on spot at the general tier, 0.10% on both sides at VIP 1, and 0.00% maker with 0.10% taker at VIP 2.
GOPAX sets taker at 0.07% for VIP 3 and 0.05% for VIP 4, while maker turns negative from VIP 5 to VIP 7 at -0.01%, -0.02% and -0.03% respectively.
GOPAX, operated by Streami, holds a South Korean virtual asset service provider registration with the Korea Financial Intelligence Unit (effective December 2021), a real-name won account partnership with Jeonbuk Bank, and information security management system certification.