Now that cryptocurrency trading volume surpassed the south Korean stock market.

[Johnyz]

In addition to that, the barrier to enter the crypto market is quite low, compared to other investment markets like real estate, stocks, etc.

Yeah, you are perfectly right here, stock markets, real estate, Gold dealers had been normalised to be used and participated by the richest investors likewise the political leaders, bitcoin trading is open to all that's why the trading volume surpassed the South Korean stock market.. absolutely, Asian have more domination in crypto space than any continent.

Koreans are into cryptocurrency and this is a great numbers to appreciate for though our goal is not to over take stocks market, but of course to give financial access to those who don’t have yet because of a strict requirements of banks and the brokers. Asian countries should be the best place for cryptocurrency, I hope no more restrictions in India because that can also be a huge market for us.

[Yamifoud]

Those data from centralized can't be trusted somehow, it just a number provided by the respective exchange at all, they may provide less or more volume, I believe it is not that accurate somehow, some exchanges can manipulate those.

But the thing is it is good news that the trading volume of cryptocurrencies increases and surpassed the South Korean stock market, we still lot more room to grow especially on trading volume, I belive it will still increase in the next few months.

When it comes to surveying result, it somehow we are doubted about it. Well, of course, as expected the result isn't 100% accurate but either is close to reality or not but then it gives us some overview of what is happening in South Korea and in crypto. And with that figure, we can say that crypto adoption is growing, trading is also growing, and that be said that the majority of the traders had lost will be wrong.

[lixer]

The best part about this is you can give most of the credit to their own citizens as the government didn't really do anything aside from letting the crypto industry be legal in their country, the South Korean government didn't really do some kind of promotion but just legalization of businesses related to crypto and that's it. The citizens of Korea are the ones who figured out that Bitcoin and other cryptocurrencies has more room to grow as compared to other assets. Only if other countries gave these kind of friendly laws for the crypto industry I think other nationalities would be more open to a riskier alternative from the stock market.

That's more than enough for many places. South Korea is not a third world nation, they are quite strong in economy compared to many other nations, they have global products that people use all around the world, they are probably second most known mobile phone company in the world as well (samsung) and basically all around a good nation, if some small tiny african nation supported it that may not be a big deal, but when south korea allows it, that is a good news.

Look at USA, they allowed it, but each state had a different tone for it, for example New York "allowed" it but in reality they started to just make it incredibly difficult, so there are few in there while many in other states, long story short we are talking about something that could actually make a big difference depending on how you allow it and where you allow it, which would help it grow a lot.