Cryptocurrency Trading Volume in South Korea Soars42.46

After a quiet start to 2018 and a significant contraction in the middle of the year, there is a considerable increase in Korean won (KRW) cryptocurrency trades. Despite this increase, the “kimchi premium” that existed in 2017 has yet to surface in cryptocurrency exchanges in South Korea.

Since the start of October 2018, the cryptocurrency trading volume in South Korea has spiked. A chart by CryptoCompare shows KRW trading volumes on certain days in October accounting for almost 50 percent of the total market share.

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