Over the last 30 days, Korbit's total volumes were $1.3B ($15.6B annualized). Volumes were up 16% compared to the previous 30 day period. On a relative basis, Korbit underperformed other centralized exchanges (up 29%) and total volumes (up 29%) over the same period.
Korean financial institutions are aggressively pursuing stakes in local crypto exchanges including Korbit, indicating a move toward institutionalizing won stablecoins in South Korea.
Korbit, a centralized exchange established in 2013 in South Korea ๐ฐ๐ท, supports 234 assets and 234 markets. It ranks 66 in terms of volume among All Exchanges and 51 among Centralized Exchanges over the past 90 days.
Korbit, a centralized exchange established in 2013 in South Korea ๐ฐ๐ท, supports 234 assets and 234 markets. It ranks 66 in terms of volume among All Exchanges and 51 among Centralized Exchanges over the past 90 days.
Over the last 30 days, Korbit's total volumes were $1.3B ($15.6B annualized). Volumes were up 16% compared to the previous 30 day period. On a relative basis, Korbit underperformed other centralized exchanges (up 29%) and total volumes (up 29%) over the same period.
Korean financial institutions are aggressively pursuing stakes in local crypto exchanges including Korbit, indicating a move toward institutionalizing won stablecoins in South Korea.