Upbit Sees $5.86 Billion Trading Volume as UXLINK/KRW Dominates Korean Market

As reported by COINOTAG on December 27th, the cryptocurrency exchange Upbit has announced an impressive trading volume of approximately $5.86 billion over the past 24 hours, illustrating robust market activity. Notably, the trading pair UXLINK/KRW dominated this volume, representing a significant 16.62% of the total transactions on the platform. This surge in activity highlights the growing interest in cryptocurrencies, particularly within the Korean market, where the Korean won plays a vital role. In addition to UXLINK, other notable trading pairs contributing to Upbit’s volume include XRP, ME, MOVE, and MOCA, indicating diverse investment opportunities for traders. With these insights, market participants can better navigate the dynamic landscape of crypto investments.