*18 crypto exchanges that have acquired an Information Security Management System (ISMS) certificate as part of the registration process with the Financial Intelligence Unit, but have not been able to find a banking partnership to guarantee real-name bank accounts for their users.
Figures have been rounded.
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Number of crypto exchange users South Korea 2021, by platform
As of August 2021, Upbit was the largest cryptocurrency exchange in South Korea with around *** million registered users. Bithumb followed with around *** million users. Bitcoin and other cryptocurrencies are currently not considered legal tender or financial assets in South Korea, yet the market has grown extensively in the last few years.
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Hankyung. (September 22, 2021). Number of registered users of cryptocurrency exchanges in South Korea as of August 2021, by platform (in millions) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 21, 2026, from /statistics/1262844/south-korea-crypto-exchange-user-number-by-platform/
Hankyung. "Number of registered users of cryptocurrency exchanges in South Korea as of August 2021, by platform (in millions)." Chart. September 22, 2021. ÌÇÐÄÆƽâ°æ. Accessed July 21, 2026. /statistics/1262844/south-korea-crypto-exchange-user-number-by-platform/
Hankyung. (2021). Number of registered users of cryptocurrency exchanges in South Korea as of August 2021, by platform (in millions). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 21, 2026. /statistics/1262844/south-korea-crypto-exchange-user-number-by-platform/
Hankyung. "Number of Registered Users of Cryptocurrency Exchanges in South Korea as of August 2021, by Platform (in Millions)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 22 Sep 2021, /statistics/1262844/south-korea-crypto-exchange-user-number-by-platform/
Hankyung, Number of registered users of cryptocurrency exchanges in South Korea as of August 2021, by platform (in millions) ÌÇÐÄÆƽâ°æ, /statistics/1262844/south-korea-crypto-exchange-user-number-by-platform/ (last visited July 21, 2026)
Number of registered users of cryptocurrency exchanges in South Korea as of August 2021, by platform (in millions) [Graph], Hankyung, September 22, 2021. [Online]. Available: /statistics/1262844/south-korea-crypto-exchange-user-number-by-platform/
