On July 12, Upbit, South Korea’s leading cryptocurrency exchange, recorded a substantial 24-hour trading volume of $571.5 million, as reported by CoinGecko. The XRP/KRW trading pair dominated the market, representing 25.92% of the total volume and securing the top position in the Korean won trading segment. Other notable pairs contributing to the market activity included HYPER, BTC, ALT, and ENA, rounding out the top five. This data underscores Upbit’s pivotal role in facilitating liquidity and trading activity within the Korean crypto ecosystem.
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