According to the latest data published by Coin Dance, the trading volume of the leading cryptocurrency by market cap in South Korea has reached a new high on the crypto trading platform LocalBitcoins.
The weekly trading volume of Bitcoin has increased significantly over the past two weeks, jumping to 219 million wons (around $185,000) during the second week.
The trading volume on this platform also reached record levels in October 2018 in Argentina, Egypt and Venezuela. LocalBitcoins is a Finnish P2P trading platform particularly popular in Latin America.
The South Korean won is the third largest national currency traded against Bitcoin after the U.S. dollar and the Japanese yen.
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