Upbit is reinforcing its position as the number one digital asset exchange in Korea with a 24-hour transaction volume exceeding 6 trillion won.
As of the 2nd, Upbit’s 24-hour trading volume is $5,402,442,878 as of the 2nd, as of the 2nd, based on’CoinMarketCap’, the world’s largest platform that deals with information related to digital assets and digital asset exchanges, which is equivalent to KRW 6.2 trillion. It is the highest trading volume among domestic exchanges, showing more than twice the difference from the second-largest exchange ($2,240,106,438).
With increasing interest in bitcoin and digital assets around the world, investors seem to have visited Upbit, the leading digital asset exchange in Korea. In the mobile index HD data compiled by the big data platform company IGAworks, Upbit has an average number of weekly active mobile users (WAU) of about 900,000 in the third week of January (January 18-24). Ranked first in the middle.
Upbit provides investor protection policies such as disclosure of the listing screening principles and opening of a listing fraud reporting channel, supports various functions to enhance transaction convenience, and provides an investor-friendly environment. As interest in digital assets increases, the number of investors seeking the most trusted digital asset exchange Upbit is expected to increase in 2021.
An official from Doona said, “These achievements of Upbit are the result of continuous efforts to create an environment for investor convenience and a reliable transaction.” “Recently, the asset value of digital assets has been recognized, and a more transparent investment environment has been created with the implementation of the revised special law. As it is created, Upbit will continue to change and develop accordingly.”
Meanwhile, Upbit, which was launched in October 2017, is the most trusted global standard digital asset exchange with a total of 3 million members, and has been leading the industry by setting various standards for transparent and convenient digital asset trading. It developed a digital asset index for the first time in Korea, disclosed the principles of listing screening, and introduced a project disclosure system. It took the lead in the development of the ecosystem by holding the’Upbit Developer Conference’, the world’s first blockchain developer conference.
Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.