The largest exchange in South Korea has processed more transactions than Bitfinex and Bittrex.
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![](https://steemitimages.com/DQmd4DEs8TNDEai6kfimdDHN7aF4Zd2sYMHefK54qME84RF/image.png)


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South Korea has surpassed China in total Bitcoin trading volume.

After the massive upheaval in the Bitcoin market over the past weeks because of negative news from China, it appears that Bitcoin transaction volume has shifted out of China.

In a move that should not be surprising, South Korea has passed China in total Bitcoin trading volume today, as reported by Joseph Young and Tuur Demeester via Twitter. Young’s Twitter post indicates the shift:



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![](https://steemitimages.com/DQmUGLPNQmXmFpgF88LH3gpAL5eHdpz6ovXNkBJDMXT4Pwo/image.png)

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![DQmYBdCMXejnoYPd6KFezTUn5Aqo9eXYHReTxrLCyfteqKo_1680x8400.jpg](https://steemitimages.com/DQmcz7R532t8dYgG8Td69kqPwaVt27FxnPsJUpJQi6f7hsp/DQmYBdCMXejnoYPd6KFezTUn5Aqo9eXYHReTxrLCyfteqKo_1680x8400.jpg)