South Korean Won Replaces US Dollar as Preferred Currency for Cryptocurrency Trading in Quarter 1
2024-04-16 20:28:54
With the surge in speculative demand for risky tokens in South Korea, the Korean won has now become the most traded cryptoasset currency in the world. According to data from research firm Kaiko, the cumulative trading volume of the Korean won on centralized cryptocurrency exchanges in Quarter 1 of 2024 was $456 billion, while the dollar trading volume was $445 billion.
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