TechFlow reported on March 30 that, according to South Korean media SBS NEWS, as of the end of February this year, the number of virtual asset exchange accounts in South Korea reached 16.29 million, exceeding the country's stock investors (14.1 million) for the first time. Among them, Upbit has the largest user base with 9.82 million users; Coinone and Bithumb follow with 3.2 million and 2.36 million respectively.
The report noted that this figure is based on the total account holders from South Korea's five major trading platforms—Upbit, Bithumb, Coinone, Korbit, and Gopax—and individuals who hold accounts on multiple exchanges are counted separately for each platform.
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