South Korean crypto investors surpass 16 million
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The number of crypto investors in South Korea has surpassed 16 million, closing the gap in the number of stock investors in the country. While most investors still favor stocks ahead of digital assets, this feat is commendable and shows the attention that digital assets are now getting, even from some of the most ardent stock investors. According to reports, a total of 16.29 million individuals had accounts at the top five domestic virtual assets exchanges. In the data submitted to Rep. Cha Gyu-geun of the minor opposition Rebuilding Korea Party, most of these users are on exchanges like Bithumb, Upbit, Gopax, Coinone, and Korbit. According to the reports, the figure was adjusted for users on multiple platforms, counting them just once. According to the report, the total number of crypto holders in the country now accounts for about 32% of its population. The number of crypto investors exceeded the 14 billion mark for the first time in March 2024, before the sector welcomed over 500,000 people with the election of United States President Donald Trump. The development pushed the total number of crypto investors in the country above the 15 million mark. South Korean investor statistics unveiled According to reports, about 15 million South Korean crypto investors on the top exchanges were also categorized by age and gender. The male investors in their 30s and 40s accounted for about 40% of the crypto investors in the country. However, female investors in the 50s also accounted for a huge share of the high-net-worth investors in the crypto sector. The report revealed that 9.2 million South Korean investors were registered on Upbit, while Coinone had 3.2 million investors. Bithump at 2.36 million, Korbit at 770,000, and Gopax at 150,000 represented the remaining figures. Bithumb registered a rise in the number of…
Filed under: News - @ March 30, 2025 9:18 am