Upbit has solidified its position as the dominant player in South Korea’s crypto exchange market, boasting an impressive market share of 80%. According to recent research by DeSpread, Upbit’s market dominance has remained strong throughout the year, with a brief dip to 70% in August quickly followed by a rebound to 80% the following month. While Upbit takes the lead, other major exchanges in South Korea, such as Bithumb, Coinone, and Korbit, have also made their mark, albeit with relatively smaller market shares.
Upbit Leads the Way in South Korea’s Crypto Exchange Market
