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Upbit Sees $4.2 Billion Trading Volume with XRP Leading Trades

Upbit's trading volume increased by 2.3%, driven primarily by the STRIKE/KRW trading pair, which accounted for nearly a quarter of the total volume.

ETH
SOL
XRP

Summary

Upbit, South Korea's largest cryptocurrency exchange, recorded a trading volume of $6.334 billion in the past 24 hours, reflecting a 2.3% increase. The STRIKE/KRW trading pair accounted for 23.92% of this volume, with XRP, PENGU, SOL, and ETH following in the top five.

Terms & Concepts
  • STRIKE/KRW: The trading pair of STRIKE against the South Korean Won, indicating the exchange rate between the two currencies.
  • Upbit: South Korea's largest cryptocurrency exchange, known for its wide range of trading pairs and high trading volumes.
  • XRP: A digital asset and cryptocurrency used for cross-border payments and remittances, developed by Ripple.