Upbit Tops Investor Interest Among Crypto Exchanges in September, Followed by Bithumb and Coinone
TECHWORLD ·
✦ AI Summary
Data & Research announced on the 21st that it compared investor interest by tallying the number of posts about cryptocurrency exchanges in September across news, communities, blogs and other channels.
Upbit ranked first with 14,069 posts, Bithumb ranked second with 11,995, and Coinone ranked third with 3,093.
Korbit recorded 2,121 posts and GOPAX 966, while the gap between Upbit and Bithumb narrowed from 13,425 posts in the same period last year to 2,074 this year.
Data & Research announced on the 21st that it compared investor interest by tallying the number of posts about cryptocurrency exchanges in September across news, communities, blogs and other channels. The benchmark for investor interest was information volume, meaning the number of posts.
The survey covered the country's five major cryptocurrency exchanges. The exchanges surveyed were Upbit, Bithumb, Coinone, Korbit and GOPAX, and the criterion for selection was information volume ranking.
As a result of the analysis, Upbit ranked first in investor interest with a total of 14,069 posts. Upbit has also remained the steady leader in Data & Research's previous surveys.
Bithumb ranked second in investor interest, while Coinone came in third. As a result, the top-tier order has remained Upbit-Bithumb-Coinone.
At the end of the article, user feedback on Upbit Data Lab's new feature, the 'Digital Asset Screener,' was also included. A Naver blogger identified as ko*** wrote on August 31 that the 'Digital Asset Screener' had been added to Upbit Data Lab.
The blogger said the 'Digital Asset Screener' allows integrated searches across 29 filters, including sector and market cap basic information, trading value, the Fear and Greed Index, technical indicators such as RSI and Bollinger Bands, and volatility. The blogger also said that, from a usability standpoint, it is more convenient to check recommended screenings and then add two or three conditions, and noted that the screener results are not a list of buy recommendations but a list of candidates that have passed the conditions.
A Naver blogger identified as Jjong** said Upbit Staking uses Upbit itself as the operating entity without delegation to another company, and that it offers strong security because it operates through cold wallets. The blogger also cited easy inquiry handling when problems arise as an advantage. Upbit Staking supports six assets: Ethereum, Cosmos, ADA, Solana, Polygon and Cronos. However, because cancellations are not possible after applying, Jjong** said it is unsuitable for short-term traders and more appropriate for long-term investors.
A Naver blogger identified as s*** explained that among beginners using Upbit, many stop at the KRW deposit stage. To buy coins with KRW on Upbit, a K Bank real-name deposit and withdrawal account is required, and the account holder's name must match the Upbit account holder's name. In addition, after the first KRW deposit, withdrawals are typically delayed for 72 hours to prevent voice phishing and money laundering. S*** said the main hurdles for beginners are bank linkage and withdrawal rules rather than coin selection.
Bithumb recorded 11,995 online posts, ranking second in interest. Bithumb has maintained second place in the surveys throughout. The gap in interest between Upbit and Bithumb narrowed from 13,425 posts in the same period last year to 2,074 this year.
Related posts also mentioned Bithumb's services. Naver blogger c********* referred to Bithumb's 13th anniversary launch of the 'Plus Club.' The 'Plus Club' is a program that pays out Bitcoin equivalent to 13% per year based on average daily assets held. It is open to new users or dormant users with no trading history this year, and is limited to the first 50,000 people. The condition is trading more than KRW 50 million in the KRW market each month, and the reward applies to assets newly increased after joining. The blogger pointed out that it is necessary to review the required trading scale for receiving the reward rather than focusing on the '13%' figure.
Naver blogger nyong******* mentioned the 'Bithumb AI 3-Service.' The 'Bithumb AI 3-Service' is a service in which AI comprehensively scores quantitative data such as trading volume, RSI, MACD, and the share of on-chain holdings. The blogger said the service helps reduce reliance on intuition in trading. The blogger also said it is useful for risk management because it shows not only bullish factors but also potential risks such as overbought zones and whale wallet concentration. In addition, the blogger said it enables market briefings and asset discovery through a single Bithumb app without having to separately search overseas newsletters or on-chain analysis sites.
Posts related to Coinone totaled 3,093, ranking third. Posts related to Korbit totaled 2,121, and posts related to GOPAX totaled 966. Coinone showed a consistent third-place ranking in Data & Research surveys, indicating a stable position.
Naver blogger chon*** viewed Coinone as a mid-tier exchange and said Coinone's market share rose from an average of 2.72% in August to 5.9% in September, more than doubling in a month and surging to 8.94% on the 8th. The blogger cited the 0% trading fee policy across all assets as the background for this trend.
Naver blogger chon*** also noted that Coinone has accumulated operating losses exceeding KRW 57 billion over the past four years. The blogger then said that if the free benefits end, fee-driven investors could leave for larger exchanges.
Source: TECHWORLD · Lee Gwang-jae
Original: https://www.epnc.co.kr/news/articleView.html?idxno=408499
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Source: TECHWORLD
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