The price of Bitcoin is displayed at crypto exchange Bithumb Lounge in Seoul, Feb. 6. Korea Times photo by Park Ji-yeon
Trading volume at major Korean crypto exchanges have shrunk to account for around 1 percent of the corresponding figure for the local stock market, industry data showed Thursday.
The daily average trading volume at Korea's five major virtual asset exchanges from July 1 to Tuesday stood at 597.8 billion won ($406.5 million), according to CoinGecko, a crypto market watcher.
The five exchanges are Upbit, Bithumb, Coinone, Korbit and Gopax.
The tally represents 1.59 percent of the daily average trading volume on the benchmark KOSPI market, which stood at 37.6 trillion won during the cited period.
