Trading Volume on South Korean Crypto Exchange Upbit Crashes 75%
Upbit’s 24-hour crypto trading volume stood at $3.79 billion at press time, down 75% from the high of $15 billion on March 5, CoinGecko data show.
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Upbit’s 24-hour crypto trading volume stood at $3.79 billion at press time, down 75% from the high of $15 billion on March 5, CoinGecko data show.
Upbit said it is “poised to expand [its] range of offerings,” having acquired a MPI license.
Koreans trade differently to the rest of the world, market data shows.
The in-principal approval allows Upbit Singapore to continue providing regulated digital payment token services in compliance with the Payment Services Act 2019.
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The exchange bucked the general market trend that saw a decline in trading volume for most centralized exchanges.