Korean Exchanges in Binance's Shadow: 22x Transaction Volume Superiority!

Over the past six months, Binance’s transaction volume has far surpassed that of all Korean exchanges combined! Here are the numbers that highlight this massive gap…

Monthly Transaction Volume Comparison (Binance vs. Korean Exchanges)

May 2024: Binance 723T - Korean Exchanges 33T

Binance’s transaction volume is approximately 21.9 times that of Korean exchanges.

June 2024: Binance 474T - Korean Exchanges 163T

Binance’s transaction volume is approximately 2.9 times that of Korean exchanges.

July 2024: Binance 584T - Korean Exchanges 18T

Binance’s transaction volume is approximately 32.4 times that of Korean exchanges.

August 2024: Binance 508T - Korean Exchanges 17T

Binance’s transaction volume is approximately 29.9 times that of Korean exchanges.

September 2024: Binance 324T - Korean Exchanges 11T

Binance’s transaction volume is approximately 29.5 times that of Korean exchanges.

October 2024: Binance 437T - Korean Exchanges 25T

Binance’s transaction volume is approximately 17.5 times that of Korean exchanges.

✅ Conclusion

According to data from the past six months, Binance’s transaction volume averages 22 times more than that of all Korean exchanges combined.

This difference highlights Binance’s strong position not only in Korea but also globally. With its high liquidity and ease of transactions, Binance remains an essential exchange for many crypto investors. With a vast user base and numerous advantages, Binance holds a key position in the crypto sector in both Korea and worldwide.

Written by burakkesmeci