The Korean won market scored a daily cryptocurrency transaction amount of around 5.2 trillion South Korean won, or 99.4 percent of the total trading volume in the Korean crypto market in the first half of 2022. During the same period, the coin market recorded a trading volume of 0.03 trillion won per day. According to the Crypto Market Report 2022, this discrepancy can be attributed to higher entry barriers in the coin market, for instance in having to purchase tokens in won or using third party services to convert tokens to won. The source also indicates that leading crypto assets in the coin market were also single-listed ones that come with low market capitalization and distribution volume, increasing the risks for potential investors.
Daily cryptocurrency transaction amount in South Korea in 1st half of 2022, by market
(in trillion South Korean won)
Characteristic
Daily transaction amount in trillion South Korean won
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
CoinMarketCap. (December 2, 2022). Daily cryptocurrency transaction amount in South Korea in 1st half of 2022, by market (in trillion South Korean won) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1391420/south-korea-cryptocurrency-transaction-amount-by-market/
CoinMarketCap. "Daily cryptocurrency transaction amount in South Korea in 1st half of 2022, by market (in trillion South Korean won)." Chart. December 2, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1391420/south-korea-cryptocurrency-transaction-amount-by-market/
CoinMarketCap. (2022). Daily cryptocurrency transaction amount in South Korea in 1st half of 2022, by market (in trillion South Korean won). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1391420/south-korea-cryptocurrency-transaction-amount-by-market/
CoinMarketCap. "Daily Cryptocurrency Transaction Amount in South Korea in 1st Half of 2022, by Market (in Trillion South Korean Won)." Statista, Statista Inc., 2 Dec 2022, https://www.statista.com/statistics/1391420/south-korea-cryptocurrency-transaction-amount-by-market/
CoinMarketCap, Daily cryptocurrency transaction amount in South Korea in 1st half of 2022, by market (in trillion South Korean won) Statista, https://www.statista.com/statistics/1391420/south-korea-cryptocurrency-transaction-amount-by-market/ (last visited December 22, 2024)
Daily cryptocurrency transaction amount in South Korea in 1st half of 2022, by market (in trillion South Korean won) [Graph], CoinMarketCap, December 2, 2022. [Online]. Available: https://www.statista.com/statistics/1391420/south-korea-cryptocurrency-transaction-amount-by-market/
