The four major exchanges in South Korea pledged assets worth approximately 3.4 billion US dollars, with Bithumb having more users than Upbit

According to Yonhap News Agency, as of the end of July, the total amount of cryptocurrency pledged by Upbit, Bithumb, Coinone, and Korbit exchanges in South Korea was about 3.4 billion US dollars, with 1.2255 million pledged users and an average monthly pledge reward of about 7.57 million US dollars. Upbit pledged assets of approximately 1.764 billion US dollars, accounting for 51.78%; Bithumb pledged assets of approximately 1.481 billion US dollars, accounting for 43.41%. Bithumb has approximately 592700 pledged users, accounting for 48.37%; Upbit has approximately 359500 pledged users.