South Korean Won Emerges as Most-traded Currency for Cryptocurrencies in Q1 2022
Wednesday, 17 April 2024, 03:36
Summary:
In the first quarter of this year, the South Korean won has taken over the U.S. dollar to become the most-traded currency for cryptocurrencies globally. With a trading volume of $456 billion on centralized crypto exchanges, the South Korean won has seen significant adoption in cryptocurrency trading. This shift highlights the growing influence and dominance of South Korea in the crypto market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.