Bitcoin

<ul><li>Korean exchanges, led by Bithumb, witness an extraordinary surge in altcoin trading volume, signaling market dynamism.</li><li>Coinone&#39;s 133.47% volume change highlights a dynamic shift, reflecting increased trader interest in alternative cryptocurrencies.</li><li>Despite market fluctuations, Korbit and Upbit demonstrate resilience, providing diverse trading pairs and maintaining substantial trading volumes.</li></ul>In early December, the Korean cryptocurrency market witnessed an extraordinary surge in trading volume, with altcoins taking center stage amidst a backdrop of zero-fee promotions. <a href="https://www.coingecko.com/en/exchanges/bithumb" rel="noopener noreferrer nofollow">Bithumb</a>, one of the major players in the South Korean crypto space, reported a staggering 24-hour trading volume of $907,315,910 and an eye-watering $147,607,919,035 over the last 7 days. Boasting an impressive array of 243 cryptocurrencies, and 282 trading pairs, Bithumb emerged as a key contributor to the overall surge.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/7c41bdf3faa544d28da7e3125287bb77.png" /><a href="https://www.coingecko.com/en/exchanges/coinone#:~:text&#61;Currently%2C%20there%20are%20193%20coins,is%20currently%20unavailable%20for%20Coinone." rel="noopener noreferrer nofollow">Coinone</a>, another prominent player, experienced a -21.95% change in 24-hour volume, reaching $44,201,060.16. With 195 coins and 234 trading pairs available, Coinone&#39;s surge in volume underscored the growing appetite for alternative cryptocurrencies in the Korean market.On the flip side, <a href="https://www.coingecko.com/en/exchanges/korbit#:~:text&#61;Currently%2C%20there%20are%207%20coins,has%20%24491%2C632%2C595.83%20in%20Exchange%20Reserves." rel="noopener noreferrer nofollow">Korbit</a>, despite its -14.2% change in 24-hour volume, still reported a respectable trading volume of $6,761,217.99. Offering 7 coins and 7 trading pairs, Korbit demonstrated resilience amidst the market fluctuations. Meanwhile, <a href="https://www.coingecko.com/en/exchanges/upbit" rel="noopener noreferrer nofollow">Upbit</a>, a centralized exchange established in 2017, recorded a 24-hour volume of $2,466,271,160.79, marking a 3.42% change. Hosting an extensive selection of 191 coins and 304 trading pairs, Upbit&#39;s role in the surge cannot be understated.Read full article at <a href="https://cryptotale.org/korean-crypto-exchanges-experience-unprecedented-surge-in-altcoin-trading-volume/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Korean Crypto Exchanges Experience Unprecedented Surge in Altcoin Trading Volume

CryptoTale

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