South Korean crypto investors send KRW 160 trillion ($110B) to overseas exchanges in 2025

South Korean crypto investors sent ₩160 trillion (about $110 billion) to overseas exchanges during 2025, keeping trading activity high, according to a joint report by CoinGecko and Tiger Research.

More than 10 million people in South Korea trade crypto, a small difference from the 14 million stock investors and equal to roughly 20% of the country’s entire population.

CoinGecko claims that Korean won-based trades often match or even surpass U.S. dollar volumes among global fiat pairs, an unusual and highly impressive position for a single national currency.

South Korean crypto investors send KRW 160 trillion ($110B) to overseas exchanges in 2025
Source: Kaiko

Why are Korean investors redirecting trading activity from domestic exchanges to global platforms?

Between January and September 2025, around ₩124 trillion…

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