According to the latest data, due to domestic regulatory framework restrictions, exchanges within South Korea can mainly only conduct spot trading activities. This has directly driven a large-scale transfer of assets by Korean investors overseas. Digital figures show that by 2025, Korean investors are expected to transfer over 160 trillion KRW (approximately $110 billion) of crypto assets to overseas trading platforms.
Amid this capital outflow wave, major overseas CEX platforms have benefited significantly. During the same period, Korean investors contributed trading fees of 4.77 trillion KRW (about $33.6 million), with one leading platform capturing nearly 60% of the market share, reaching 57.7%. Emerging and mid-tier exchanges such as Bybit, OKX, Bitget, and Huobi then split the remaining market share.
This highly concentrated distribution pattern reflects investors' preferences for platform liquidity, risk control capabilities, and brand trustworthiness. In the long term, this trend in the Korean market will continue to reshape the competitive landscape of CEXs across Asia.
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TokenVelocityTrauma
· 5h ago
This wave of mass exodus from Korea, earning fees is really satisfying. Retail investors still need to keep an eye on their own investments...
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LadderToolGuy
· 5h ago
The Koreans are working for overseas exchanges. When regulation tightens, they run away directly, and $110 billion just disappears.
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BlockchainBard
· 5h ago
Koreans are directly voting with their feet this time. The stricter the regulation, the more they move abroad. The top platforms are eating the meat while the new exchanges are drinking the soup—it's hilarious.
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SmartContractWorker
· 5h ago
Koreans are still fleeing, and the leading platforms are really making easy money, with a 57.7% share... that's quite ruthless.
According to the latest data, due to domestic regulatory framework restrictions, exchanges within South Korea can mainly only conduct spot trading activities. This has directly driven a large-scale transfer of assets by Korean investors overseas. Digital figures show that by 2025, Korean investors are expected to transfer over 160 trillion KRW (approximately $110 billion) of crypto assets to overseas trading platforms.
Amid this capital outflow wave, major overseas CEX platforms have benefited significantly. During the same period, Korean investors contributed trading fees of 4.77 trillion KRW (about $33.6 million), with one leading platform capturing nearly 60% of the market share, reaching 57.7%. Emerging and mid-tier exchanges such as Bybit, OKX, Bitget, and Huobi then split the remaining market share.
This highly concentrated distribution pattern reflects investors' preferences for platform liquidity, risk control capabilities, and brand trustworthiness. In the long term, this trend in the Korean market will continue to reshape the competitive landscape of CEXs across Asia.