UPbit, one of the leading crypto currency exchanges of South Korea, experienced a remarkable increase in the last 24 -hour transaction volume. As of February 9, the transaction volume in UPbit has reached $ 22.85 billion according to CONKECKO data and once again revealed the strong transaction performance of the stock market. In this process, the XRP/KRW trade pair, Bera Coin, UXLINK came to the forefront, while the diversity of UPbit’s process volume increased remarkable.
Volume is rising in Upbit
According to Coingecko data, as of February 9, the transaction volume in the UPbit stock exchange reached 22.85 billion dollars in the last 24 hours. This figure shows that the platform has a major trading activity and continues to attract the attention of investors. Upbit attracts attention as one of South Korea’s leading crypto currency exchanges and has achieved significant success in transaction volume. The trade pair with the highest share in the transaction volume was the XRP/KRW (XRP/Korea Won). This trade couple formed 16.64 %of the total transaction volume and ranked first in the Korean Won market.
This data, which once again reveals XRP’s powerful popularity in Korea, points out that investors’ interest in Altcoins has increased. With the latest data, UPbit shows that it maintains a strong leadership in terms of transaction volume in South Korea. The stock market continues to be an important platform for crypto currency investors and contributes to the growth of this market with the volume of transaction. Investors see this high transaction volume in the stock market as an opportunity and continue to trading in various trade couples.
Berachain was one of the most popular of the week
In terms of transaction volume, other crypto currency pairs were UXLINK, ME, Bera and BTC (Bitcoin). These parities maintain their popularity among investors and increase the demand for crypto currencies traded on the Upbit stock exchange. However, especially Berachain everywhere. Berachain is a Layer-1 blockchain running on a unique liquidity evidence (Pol) model. This model ensures that the capital remains active in the ecosystem instead of standing idle as in the proof-of-stake chains. For this reason, it is not surprising that Bera is high in South Korean markets.
