South Korean Crypto Transactions Command an Average of $7 Bi

South Korean Crypto Transactions Command an Average of $7 Billion per Day on Domestic Exchanges – News Bitcoin News


South Korean Crypto Transactions Command an Average of $7 Billion per Day on Domestic Exchanges
An investigation unveiled a growing fever among crypto traders in South Korea, who actively transact cryptocurrencies every day. Local media outlets are returning to adopt the term “crypto fever” as the recent billion-dollar figures confirm such a trend.
Figures Are Now Higher Than 2018
According to the report made by Dong-A, a major South Korean newspaper, domestic crypto investors transacted around $7 billion per day in the period ranging from January 1 to February 25, 2021.
Kim Byeong-wook, a parliamentary member of the Democratic Party, compiled the numbers by extracting data from Bithumb, Upbit, Korbit, and Coinone, the most prominent local crypto exchanges.

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