Exciting Crypto News for South Korea
Get ready for a crypto surge. By the first half of 2023, South Korea is set to have a whopping 6 million crypto investors, over 10% of the population.
Korean Centralized Exchanges Thriving: Despite a global dip in crypto trading, Korean exchanges are booming. Upbit, Bithumb, Coinone, and Korbit make up a significant 10% of global trading volume, even surpassing Coinbase!
Upbit Dominates: Upbit leads the pack with 80% of the Korean market, with a peak trading volume of $36 billion in February.
Altcoins Galore: Korean investors love altcoins with high-profit potential. Upbit users favor them, while Coinbase leans towards Bitcoin and Ethereum.
Top Korean Picks: Loom Network ($LOOM) takes the lead with 62% trading ratio, followed closely by eCash ($XEC) at 55%, and Flow ($FLOW) at 43%. Stacks ($STX) and Bitcoin SV ($BSV) are also in the mix.
Disclaimer: Remember, this info is for education, not financial advice. Always be cautious with your investments! #crypto2023 #BTC #crypto
