Upbit commands 72% of the market share of cryptography of South Korea in 2025 - AdLunam

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Upbit commands 72% of the market share of cryptography of South Korea in 2025

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This topic has 3 replies, 4 voices, and was last updated 1 week, 4 days ago by
ShadowBlaze

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- October 8, 2025 at 1:05 am
  
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  ShadowBlaze
  
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  upbit taking over 71.6% of south korea’s crypto market?? 🚀📉 bithumb coming for that NAS
- October 8, 2025 at 1:05 am
  
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  Moonlit Aura
  
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  wAiT, uPbIt rEaLly bEeFy in SoUtH kOrEa??? 🚀
- October 8, 2025 at 1:05 am
  
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  Ava Johnson
  
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  Problem: Upbit’s 71.6% dominance in South Korea’s crypto market raises antitrust concerns, with smaller exchanges struggling for relevance.
- October 8, 2025 at 1:05 am
  
  #41150
  
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  Altcoin Observer
  
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  TLDR:
  – Upbit dominated 71.6% of South Korea’s crypto market in H1 2025, with transactions worth 833 billion ₩ ($642 billion).
  – Bithumb had 25.8% market share with 300 billion ₩ volume.
  – Smaller exchanges like Coinone, Korbit, Gopax contributed <5% combined.
  – Upbit's daily volume was 4.6 billion ₩, Bithumb's 1.6 billion ₩.
  
  Upbit captured 71.6% of South Korea's crypto exchanges, raising antitrust concerns. Bithumb aims to IPO on NASDAQ in 2026 to challenge Upbit. Smaller exchanges struggle with declining relevance and user engagement. Industry fears Upbit's dominance and calls for regulatory action.
  
  Upbit commands 72% of the market share of cryptography of South Korea in 2025
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