Monday, May 8, 2017

How South Korea Has Become Largest Ethereum Market Above US, China

How South Korea Has Become Largest Ethereum Market Above US, China

In an Ethereum price analysis published on May 2, Cointelegraph revealed that South Korea officially became the largest Ethereum exchange market in the world, taking over China and the US for the first time.

The South Korean market’s $105 mln daily trading volume triggered the interests of both institutional investors and casual traders worldwide.

Five days later, South Korea’s largest digital currency exchange Bithumb maintains its position as the largest Ethereum-to-fiat exchange within the global market, with a $14 mln daily trading volume and 10.7 percent market share. Bithumb’s trading volume is even larger than that of Coinbase’s digital currency exchange GDAX, which falls short at $11.57 mln.

Full story at http://bit.ly/2pZnYOw

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