Upbit exceeds 6 trillion won in cryptocurrency trading volume… “Overwhelming number 1 among domestic trading sites”


 114 total views

The 24-hour transaction volume of Upbit, a domestic cryptocurrency trading site, has exceeded 6 trillion won.

According to CoinMarketCap, a global cryptocurrency market relay site on the 2nd, Upbit’s 24-hour trading volume as of 12 p.m. recorded $5.42,42,878 (about 620 trillion won). This is the highest trading volume among domestic trading sites, which is more than twice as high as the second-largest Bithumb trading volume ($2,240,06438).

Dunamu, who operates Upbit, said, “As interest in cryptocurrencies including bitcoin increased worldwide, Upbit users increased.”

An official from Doona said, “These achievements of Upbit are the result of our ceaseless efforts to create a more convenient and reliable trading environment for investors.” “Recently, the asset value of digital assets is recognized and the Act on Reporting and Use of Specific Financial Transaction Information As a more transparent investment environment is created through the implementation of the revised bill of the Special Act), Upbit will continue to change and develop accordingly.”

Launched in October 2017, Upbit is the largest cryptocurrency trading site in Korea with a total of more than 3 million users. Upbit offers investor protection policies such as disclosure of the listing screening principles and opening of a listing fraud reporting channel, supports various functions to enhance transaction convenience, and provides an investor-friendly environment.