Crypto exchanges in Korea lost big part of trading volumes

29.03.2022 11:25
by Artem Ustinov
1 min read

Crypto exchanges in Korea lost a big part of their trading volumes

The volume of trading on cryptocurrency exchanges in South Korea has collapsed by 140%. Kaiko analysts reported this on their blog.

Trading volume on the Upbit, Bithumb, Coinone, and Korbit exchanges is down over 140% from the November 2021 average.

The result of the drop in trading volume has been tightened regulation of trading floors over the past few months, according to Kaiko.

Author

  • Crypto analyst and practitioner trader with the law and managerial education. Active investor and crypto enthusiast. Worked as an analyst and copywriter in a brokerage company. Accompanied by DAO and NFT projects of different levels of complexity.

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