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TechFlow news, according to South Korean media reports, Upbit's market share in South Korea has sharply declined over recent months, dropping from 93% in June to 62% as of December 17.
Bithumb's market share increased from less than 6% in June to nearly 36.5% in December; the other three major competitors—Korbit, Coinone, and Gopax—achieved more moderate growth.
According to South Korean media reports, over recent months, cryptocurrency exchange Upbit has seen a sharp decline in its market share in South Korea, dropping from 93% in June to 62% on December 17. Bithumb's market share increased from less than 6% in June to nearly 36.5% in December; the other three major competitors—Korbit, Coinone, and Gopax—all achieved more modest growth.
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