Cryptocurrency exchange Upbit is based on CoinMarketCap, a global cryptocurrency market information site. As of the 2nd, it revealed that the 24-hour trading volume has exceeded $5.42 billion (about 6.2 trillion won).
This is the highest trading volume among domestic exchanges, more than twice the difference from the 2.24 billion dollar recorded by the second largest exchange.
According to Mobile Index HD data compiled by big data platform company IG Works, Upbit recorded an average of 900,000 mobile weekly active users (WAU) in the third week of January. This also ranks first among domestic exchanges.
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An official of Upbit operator Doonamu said, “As interest in bitcoin and digital assets increased worldwide, investors seem to have visited Upbit, a representative digital asset exchange in Korea.” It is effective that it has established itself as a reliable exchange, as it provides investor protection policies such as opening a channel to report listing fraud, and supports various functions to improve transaction convenience.”
He added, “Upbit will continue to change and develop accordingly as Upbit will create a more transparent investment environment through the implementation of the revised bill of the Special Act.”