The trading volume of the South Korean cryptocurrency market accounts for only 2% of the stock market

According to the Daily Economic News, on May 29th, the daily trading volume of the Korea Composite Stock Index (KOSPI) reached KRW 118.267 trillion, while the 24-hour total trading volume of the five major cryptocurrency exchanges in Korea (Upbit, Bithumb, Coinone, Korbit, Gopax) was only KRW 2.713 trillion, accounting for 2.03%. Last July, the trading volume of the South Korean cryptocurrency market once exceeded that of KOSPI, but to date, KOSPI's trading volume has increased by 680%, while the cryptocurrency market's trading volume has decreased by 84%.