How many active users does Upbit have?
Upbit is a South Korean-based cryptocurrency exchange founded in 2017. It is the world’s largest crypto exchange by daily trading volume, but its exact user numbers remain unknown. According to the official Upbit website, the exchange is currently trading over $2 billion USD in daily volume and has over 200 tokens and coins listed on its platform. However, the exact number of active users is not disclosed.
The best way to get an approximate answer is to look at Upbit’s trading volume. If we assume that each user is trading an average of $10 USD per day, then we can estimate that Upbit has around 200,000 active users. This number is likely to be higher, as some users are likely to be trading significantly more than the average.
It is also worth noting that, due to its popularity in South Korea, Upbit is likely to have a higher number of users than other exchanges. Additionally, Upbit has recently begun expanding into other markets, such as Indonesia, which could further increase its user base.
Upbit is a South Korean-based cryptocurrency exchange founded in 2017. It is the world’s largest crypto exchange by daily trading volume, but its exact user numbers remain unknown. According to the official Upbit website, the exchange is currently trading over $2 billion USD in daily volume and has over 200 tokens and coins listed on its platform. However, the exact number of active users is not disclosed.
The best way to get an approximate answer is to look at Upbit’s trading volume. If we assume that each user is trading an average of $10 USD per day, then we can estimate that Upbit has around 200,000 active users. This number is likely to be higher, as some users are likely to be trading significantly more than the average.
It is also worth noting that, due to its popularity in South Korea, Upbit is likely to have a higher number of users than other exchanges. Additionally, Upbit has recently begun expanding into other markets, such as Indonesia, which could further increase its user base.