Loading...
Market
How much will South Korean CEX profits grow in 2024?
3
Resolution / Starting Odds
Less than 50% • 25%
50% to 100% • 25%
101% to 150% • 25%
More than 150% • 25%
Financial reports from South Korean centralized exchanges
Story
South Korea's Crypto Investor Base Surges by 21% to 7.78 Million, Boosting CEX Profits by $4.2 Billion
Oct 31, 2024, 04:33 AM
The market capitalization of virtual assets in South Korea grew by 27% in the first half (H1) of 2024, according to data. The number of cryptocurrency investors in South Korea increased by 21% from the second half of 2023, reaching 7.78 million, according to an official report. The average daily trading volume surged from $2.61 billion to $64.35 billion. This influx of investors boosted profits for the top 21 centralized exchanges by 106% year-over-year, amounting to $4.2 billion.
View original story
Similar markets
Increase by more than 20% • 25%
Increase by less than 20% • 25%
Decrease by less than 20% • 25%
Decrease by more than 20% • 25%
Less than $100 million • 33%
$100 million to $500 million • 33%
More than $500 million • 33%
Yes • 50%
No • 50%
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease by less than 10% • 25%
Decrease by more than 10% • 25%
Less than 50% • 25%
50% to 75% • 25%
75% to 100% • 25%
More than 100% • 25%
Less than $100 billion • 25%
$100 billion - $110 billion • 25%
$110 billion - $120 billion • 25%
More than $120 billion • 25%
Remains top exchange • 25%
Drops to second place • 25%
Drops to third place • 25%
Drops below third place • 25%
Increase by more than 50% • 25%
Increase by 30-50% • 25%
Increase by 10-30% • 25%
Increase by less than 10% • 25%