The variety of crypto traders in South Korea has surpassed 16 million, closing the hole within the variety of inventory traders within the nation. Whereas most traders nonetheless favor shares forward of digital property, this feat is commendable and exhibits the eye that digital property are actually getting, even from among the most ardent inventory traders.
In line with stories, a complete of 16.29 million people had accounts on the prime 5 home digital property exchanges. Within the information submitted to Rep. Cha Gyu-geun of the minor opposition Rebuilding Korea Occasion, most of those customers are on exchanges like Bithumb, Upbit, Gopax, Coinone, and Korbit. In line with the stories, the determine was adjusted for customers on a number of platforms, counting them simply as soon as.
In line with the report, the overall variety of crypto holders within the nation now accounts for about 32% of its inhabitants. The variety of crypto traders exceeded the 14 billion mark for the primary time in March 2024, earlier than the sector welcomed over 500,000 folks with the election of United States President Donald Trump. The event pushed the overall variety of crypto traders within the nation above the 15 million mark.
South Korean investor statistics unveiled
In line with stories, about 15 million South Korean crypto traders on the highest exchanges had been additionally categorized by age and gender. The male traders of their 30s and 40s accounted for about 40% of the crypto traders within the nation. Nevertheless, feminine traders within the 50s additionally accounted for an enormous share of the high-net-worth traders within the crypto sector.
The report revealed that 9.2 million South Korean traders had been registered on Upbit, whereas Coinone had 3.2 million traders. Bithump at 2.36 million, Korbit at 770,000, and Gopax at 150,000 represented the remaining figures. Bithumb registered an increase within the variety of accounts, seeing a soar to 2.36 million as of March 18, with the rise representing a 77.4% enhance in a single yr following an aggressive advertising and marketing push by the corporate.
Within the categorization by age, South Korean traders of their 30s accounted for 4.51 million, intently adopted by traders of their 40s at 3.97 million. Traders of their 20s or youthful at 2.92 million, traders of their 50s at 2.64 million, and traders of their 60s at 1.12 million made up the remaining numbers. A ramification of the gender confirmed males of their 30s and 40s at 3.1 million and a pair of.67 million, respectively, accounting for about 38.1% of the overall investor inhabitants.
Nationwide Meeting officers’ crypto holdings surge 48% YoY
In line with stories, traders holding lower than 1 million gained ($680) in crypto are about 12.1 million or 83.1%, whereas 1.57 million traders held between a million and 10 million gained. Traders with property between 10 million gained and 100 million gained had been about 830,000, whereas about 160,000 traders held property over 100 million gained. In line with the info, 36,000 male traders of their 40s maintain digital property of over 100 million, whereas 35,000 males of their 50s maintain the identical.
In the meantime, the crypto holdings within the South Korean Nationwide Meeting registered an uptick, tripling within the final yr. In line with the 2025 property change report launched by the Nationwide Meeting’s Public Officers Ethics Committee, about 335 senior officers, together with members of the South Korean Nationwide Meeting and people affiliated with the secretariat, had been put at 1.2 billion Korean gained. This determine represents a three-fold enhance from the 401.63 million that was reported in the identical interval final yr.
The variety of reported digital asset holdings additionally rose by 48.4% year-on-year to 46 instances. The reported targets weren’t solely themselves however their spouses and direct descendants. The person with the best crypto holdings was Kim In-young, a coverage analysis committee member of the Nationwide Meeting, who reported about 530 million gained in digital property. The report talked about that Kim diversified his property, spreading them throughout 9 main cryptos, together with Bitcoin, Ethereum, and Solana.
