Good day, I am quite interested in the world of cryptocurrencies and their trading patterns across different regions. As someone who has a keen eye on the financial markets, I am particularly curious about the cryptocurrency trading scene in South Korea. Could you please enlighten me on which crypto asset is currently the most traded in South Korea? I am keen to understand its popularity and what factors might be driving its high trading volumes in that region.
7 answers
EnchantedDreams
Mon Apr 01 2024
Korea's five largest cryptocurrency markets account for a significant portion of the country's overall transaction volume.
CryptoWanderer
Sun Mar 31 2024
Upbit, the largest of these markets, has a combined transaction amount of 8.8 trillion Korean won.
Daniele
Sun Mar 31 2024
Another significant player in the Korean crypto market is Coinone, which registers a transaction volume of 32 billion Korean won.
Dario
Sun Mar 31 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services including trading, wallet management, and more, catering to the global crypto community.
Tommaso
Sun Mar 31 2024
Following Upbit, Bithumb is the second-largest market with a transaction amount of 2.7 trillion Korean won.