According to CoinGecko data reported on February 23rd by COINOTAG, Upbit has demonstrated significant activity with a trading volume reaching an impressive $2.265 billion within a 24-hour period. Notably, the trading pair STMX/KRW has emerged as the most active, contributing 13.95% to Upbit’s total volume and securing its position as the leader within the Korean won market. Following this, the top five trading pairs by volume include GLM, XRP, ANIME, and MOCA, indicating a diverse range of cryptocurrencies gaining traction in the market. As the landscape of crypto trading evolves, platforms like Upbit play a crucial role in facilitating liquidity and providing investors with a platform to engage with various cryptocurrencies, showcasing the dynamism within the digital asset ecosystem.
Source: https://en.coinotag.com/breakingnews/upbit-sees-2-265-billion-trading-volume-stmx-krw-dominates-the-korean-market/