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Amount of money deposited into virtual exchanges in South Korea from January 2020 to April 2021 (in trillion South Korean won)

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Sources

Release date

May 2021

Region

South Korea

Survey time period

January 2020 to April 2021

Supplementary notes

1,000 South Korean won equals 0.87 U.S. dollars or 0.73 euros as of August 2021.

Figures refer to the four leading South Korean cryptocurrency exchanges UPbit, Bithumb, Coinone, and Korbit.

Citation formats

Cash deposited into virtual exchanges South Korea 2020-2021

Published by K. Scholle, Sep 6, 2021
In April 2021, the amount of money deposited into the four leading South Korean cryptocurrency exchanges amounted to around **** trillion South Korean won, an almost five-fold increase from January 2021. Due to the rising popularity of cryptocurrencies in South Korea, both the user numbers and trading volumes of the four crypto exchanges have increased dramatically over the past month.
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Cryptocurrency in South KoreaFintech in South KoreaMobile banking in South KoreaBanking industry in South KoreaKakao Bank
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