Local cryptocurrency exchange Coinzest has announced its plan to expand into five oversea countries, including the U.S., Switzerland, Russia, Dubai and South Africa. <br />Established in June, Coinzest is one of the fastest growing cryptocurrency exchanges in South Korea.<br />Its trading volume is over 17,000 Bitcoin, equivalent to about 109 million U.S. dollars, making it the 24th largest exchange according to coin data provider Coinhills.<br />With about 190 million U.S. dollars worth of oversea investment, the exchange will gradually establish foreign corporations starting in June next year. <br />