Report: The number of cryptocurrency investors in South Korea increased by 21% in the first half of 2024, while the average daily trading volume rose by 67% during the same period

According to ChainCatcher news, a report from the Korea Daily shows that the number of cryptocurrency investors in South Korea reached 7.78 million in the first half of 2024, a 21% increase compared to the second half of 2023. During the same period, the average daily trading volume rose from 3.6 trillion won to 6 trillion won, an increase of 67%.

The report also indicates that the total market capitalization of cryptocurrencies in South Korea grew by 27% to 55.3 trillion won, and the profits of 21 local cryptocurrency exchanges increased by 106% year-on-year to 590 billion won. Notably, men aged 30 to 40 are the primary investor group, accounting for 68% of total investors, with 67% of investors holding amounts below 500,000 won.