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Surge in Trading Volume on South Korean Exchanges

Surge in Trading Volume on South Korean Exchanges

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by Kofi Adjeman

3 hours ago


In a significant development for the South Korean cryptocurrency market, the country's two largest exchanges, Upbit and Bithumb, have experienced a remarkable surge in trading volume over the past 24 hours. This increase is largely attributed to heightened activity from local investors, particularly in specific altcoins. The publication provides the following information:

Upbit Reports Impressive Trading Volume

Upbit reported an impressive total trading volume, with ZEROBASE (ZBT) leading the charge at 359 million dollars. This altcoin has captured the attention of traders, while Bithumb recorded a substantial 15 million in volume for the same asset.

XRP Maintains Stronghold Among Korean Investors

XRP also maintained its stronghold among Korean investors, ranking second on both exchanges with a total volume of 243 million dollars. Additionally, other major cryptocurrencies have seen significant trading activity, reflecting a growing interest in the altcoin market among South Korean traders. These cryptocurrencies include:

  • Bitcoin
  • Ethereum
  • Tether

The interest in these assets continues to rise.

In light of the recent surge in trading volume on South Korean exchanges, attention is also drawn to Aster Coin and XPL Coin, which are currently under scrutiny due to geopolitical factors. For more details, see further information.

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