As of March 2, 2023, Upbit was the largest South Korean cryptocurrency exchange with a 24-hour trading volume of around two billion U.S. dollars. Bithumb and Coinone followed with around 208.7 million and 62 million U.S. dollars, respectively. The Korean cryptocurrency market has grown extensively over the past few years, then the market capitalization and transaction amount began to decrease in 2022.
Leading 10 South Korean cryptocurrency exchanges as of March 2, 2023, by trading volume
(in million U.S. dollars)
Characteristic
Trading volume in million U.S. dollars
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CoinMarketCap. (March 2, 2023). Leading 10 South Korean cryptocurrency exchanges as of March 2, 2023, by trading volume (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1261681/south-korea-biggest-crypto-exchanges-by-trading-volume/
CoinMarketCap. "Leading 10 South Korean cryptocurrency exchanges as of March 2, 2023, by trading volume (in million U.S. dollars)." Chart. March 2, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1261681/south-korea-biggest-crypto-exchanges-by-trading-volume/
CoinMarketCap. (2023). Leading 10 South Korean cryptocurrency exchanges as of March 2, 2023, by trading volume (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1261681/south-korea-biggest-crypto-exchanges-by-trading-volume/
CoinMarketCap. "Leading 10 South Korean Cryptocurrency Exchanges as of March 2, 2023, by Trading Volume (in Million U.S. Dollars)." Statista, Statista Inc., 2 Mar 2023, https://www.statista.com/statistics/1261681/south-korea-biggest-crypto-exchanges-by-trading-volume/
CoinMarketCap, Leading 10 South Korean cryptocurrency exchanges as of March 2, 2023, by trading volume (in million U.S. dollars) Statista, https://www.statista.com/statistics/1261681/south-korea-biggest-crypto-exchanges-by-trading-volume/ (last visited July 22, 2024)
Leading 10 South Korean cryptocurrency exchanges as of March 2, 2023, by trading volume (in million U.S. dollars) [Graph], CoinMarketCap, March 2, 2023. [Online]. Available: https://www.statista.com/statistics/1261681/south-korea-biggest-crypto-exchanges-by-trading-volume/