South Korean cryptocurrency exchange Upbit achieved a 24-hour trading volume of $17.06 billion, cementing its position as a primary liquidity hub in the regional digital asset market.
The BTC/KRW trading pair led market activity with 11.39% of total volume, demonstrating Bitcoin’s continued dominance in the Korean won-denominated cryptocurrency sector.
Other significant trading pairs included XRP, ANIME, ETH, and RVN, indicating diversified investor interest across multiple digital assets on the platform.
This substantial trading volume underscores Upbit’s critical role in facilitating market access and liquidity provision for Korean cryptocurrency traders and institutional participants.