The KRW/USD exchange rate plunge has caused users to convert KRW 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 to exchange won for BTC and USDT on Upbit, where the premium rate is 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
New users get a 100 USDT margin gift—Trade to earn up to 1888 USDT!
Bitget Spot Margin Announcement on Suspension of DOG/USDT, ORDER/USDT, BSV/USDT, STETH/USDT Margin Trading Services
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Bitget Trading Club Championship (Phase 20)—Up to 2400 BGB per user, plus a RHEA pool and Mystery Boxes
