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The number of crypto investors in South Korea increased by 21% in the first half of 2024, and the average daily trading volume increased by 67%.

2024-10-31 05:46
Odaily News A report from the Financial Services Commission of South Korea shows that the number of cryptocurrency investors in the country reached 7.78 million in the first half of 2024, up 21% from 6.45 million in the second half of 2023. The average daily trading volume increased by 67% during the same period, from 3.6 trillion won to 6 trillion won. In addition, the total market value of cryptocurrencies in the country increased by 27% to 55.3 trillion won. The operating profit of 21 domestic virtual asset business operators also recorded 590 billion won, an increase of 106% from the second half of last year. Looking at the details of virtual asset investors, the highest proportion of men in their 30s is 1.58 million, followed by men in their 40s (1.5 million), men in their 20s and below (1.08 million) and men in their 50s (850,000). By gender, male investors accounted for 5.29 million, or 68% of the total. (Korea Daily)