Upbit, one of South Korea's leading cryptocurrency exchanges, has reported impressive growth metrics that highlight its expanding user base and the increasing acceptance of digital assets in the country, as enthusiastically stated in the publication.
Upbit's User Base Growth
According to the latest report, Upbit's cumulative registered user base soared to 13.26 million by the end of 2025. This remarkable figure includes 11 million new users who joined the platform within the year, showcasing a strong demand for cryptocurrency services despite a backdrop of evolving regulatory frameworks.
Integration of Digital Assets in South Korea
The surge in user adoption underscores the deepening integration of digital asset platforms into South Korea's financial landscape. As the market matures and regulatory clarity improves, platforms like Upbit are becoming essential players in the national economy, reflecting a significant shift in how South Koreans engage with digital currencies.
In a related development, Bithumb recently discovered over $200 million in dormant assets across inactive accounts, highlighting the potential for increased liquidity in the market. For more details, see more.
