Bitcoin trading volume on Upbit South Korea 2021

Published by L. Yoon, Jun 8, 2023
From January to March 2021, the trading volume of Bitcoin on the South Korean cryptocurrency exchange Upbit was estimated to reach around 56 trillion South Korean won. While the total Bitcoin trading volume of the four major South Korean exchanges were estimated at around 107 trillion South Korean won during the same period, Upbit accounted for more than 50 percent of the total Bitcoin trading.

Bitcoin trading volume on cryptocurrency exchange Upbit in South Korea from January to March 2021 (in trillion South Korean won)

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Release date

March 2021

Region

South Korea

Survey time period

January to March 28, 2021

Supplementary notes

*Estimate.

**Refers to the estimated total Bitcoin trading volume of the four crypto exchanges Upbit, Bithumb, Coinone, and Korbit.

1,000 South Korean won equals 0.86 U.S. dollars or 0.73 euros as of September 2021.

Figures have been rounded.

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