The sharp drop in the Korean Won/US Dollar exchange rate has led users to convert their Korean Won into BTC and USDT
According to Cointelegraph, the Korean Won/US Dollar exchange rate has fallen to its lowest point in 15 years, prompting Koreans on Upbit to convert their won into BTC and USDT, with a premium rate of 3-5%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Grvt launches Builder Codes, officially opening its ZK-powered trading infrastructure to developers
Trending news
MoreHong Kong Monetary Authority: Scam websites impersonating the official site have appeared in the market, luring the public into trading cryptocurrencies; the case has been reported to the police.
Bank of Japan reportedly to implement more rate hikes, with some officials believing the neutral interest rate is above 1%
Crypto prices
More
