South Korea crypto recurring buys reach 972.92 billion won

Cumulative investment in recurring cryptocurrency purchase services by South Korean exchanges has approached 1 trillion won. Data from five exchanges shows that as of the end of August, the total investment at Upbit, Coinone, and DigitalX reached 972.92 billion won (approximately 697.6 million dollars), an increase of 429.07 billion won, or 78.9%, from 543.85 billion won at the end of last year. The service allows users to automatically buy cryptocurrencies based on their selected asset, purchase interval, and amount. Bithumb and Gopax do not provide this service. Upbit accounted for 897.71 billion won (about 643.9 million dollars), or 92.3% of the total, as of the end of August, rising by 402.65 billion won, or 81.3%, from 495.06 billion won at the end of last year. DigitalX's investment increased to 63.26 billion won (approximately 45.4 million dollars), up 15.08 billion won, or 31.3%, while Coinone surged to 1.195 billion won (around 858,000 dollars) from 61 million won, marking an increase of 1.134 billion won, or 1,859%.

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