It is estimated that domestic digital asset investors will pay 4.7727 trillion won in fees to major overseas exchanges this year. According to Tiger Research and Kaiko on the 28th, domestic investors paid more than 1 trillion won in fees for Binance (2.7326 trillion won) and Bibbit (1.1194 trillion won) this year. This is because the number of Korean investors using overseas exchanges is exploding. Other major exchanges, OKX (580 billion won), Bitget (266.3 billion won), and Huobi (74.4 billion won), also earned huge profits thanks to Korean investors.
In fact, Korean investors bought 124 trillion won worth of digital assets from overseas exchanges in the first nine months of this year. Tiger Research predicted that the total amount will reach 160 trillion won this year. It is three times higher than two years ago in 2023 (45.5 trillion won). Binance also operates Binance Alpha, which allows you to trade tokens before being officially listed.
Leave a Reply