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Photo = Yonhap news |
[Alpha Biz= Paul Lee] The number of cryptocurrency investors in South Korea has surpassed 16 million.
According to Representative Cha Kyu-geun of the Justice Innovation Party, a member of the National Assembly's Planning and Finance Committee, as of the end of February this year, the total number of accounts held by users on the five major domestic cryptocurrency exchanges — Upbit, Bithumb, Coinone, Korbit, and Gopax — reached 16.29 million (including duplicates).
The number of crypto investors in South Korea surpassed 14 million in March of last year and has increased by tens of thousands every year since. However, following the election of U.S. President Donald Trump in November of last year, who campaigned on promoting the crypto market, the number surged by over 500,000, pushing the total number of crypto investors to exceed 15 million.
Out of the total number of exchange members, 15.16 million were identifiable by gender and age. Among them, 10.13 million were men, about twice the number of women, which stood at 5.03 million. By age group, the largest group was those in their 30s, with 4.51 million, followed by people in their 40s (3.97 million), those under 20 (2.92 million), people in their 50s (2.64 million), and those over 60 (1.12 million).
In terms of the amount of virtual assets held, 12.6 million people (about 83% of the total) had holdings under 1 million won, while 1.57 million people had between 1 million and 10 million won, 830,000 people had between 10 million and 100 million won, and 160,000 people held more than 100 million won.
알파경제 Paul Lee 특파원(hoondork1977@alphabiz.co.kr)
