Data: South Korea's cryptocurrency trading volume exceeds stock market trading volume

ChainCatcher news, according to CoinDesk, on Sunday, the trading volume of South Korean cryptocurrency exchanges reached 12 trillion won, surpassing the Friday stock market trading volume of 11.47 trillion won. More and more South Koreans are turning to alternative investments.

In addition, altcoins are more favored than major assets like BTC or ETH. This figure represents the total trading volume of the five largest won markets in South Korea, including Upbit (8.8 trillion won), Bithumb (2.7 trillion won), Coinone (176.4 billion won), Gopax (55.2 billion won), and Coinone (32 billion won).