Not exact matches
Using the current system, small - scale
currencies are not on par with
larger ones as they lack the
volume of
trading to achieve market - liquidity.
With the deregulation and RBI monitoring, India would be getting a slice of the
large volumes that are
traded in the
currency markets.
Bitcoin, an alternative to paper money in which
trades match up over computers without the involvement of banks or governments, is a natural fit for the Japanese, said Mike Kayamori, the CEO of digital -
currency exchange Quoine, the nation's third
largest by
volume.
BTC China, now the world's
largest Bitcoin exchange by
trading volume, has secured a $ 5 million funding, following the recent explosion of popularity of the virtual
currency in China.
Among the countries that have emerged as the
largest markets for the virtual
currency is Japan which now boasts of 61 % of the worldwide
trading volume for Bitcoin with 2.7 % of the country's population holding the virtual
currency.
Huobi is the world's fifth -
largest digital
currency exchange in terms of daily
trade volume.
Bithumb settles $ 38.5 million in LTC to KRW
trades per day, a
trading volume that is over twice as a
large as that of GDAX, Coinbase's flagship digital
currency exchange.
Virtual
currencies like Bitcoin and Ethereum are
traded on the Bithumb cryptocurrency exchange in South Korea and based on recent
trading volumes, it is the country's biggest and one of the five
largest exchanges in the world.
Currencies with their daily
trading volumes heavily concentrated in the South Korean market such as Qtum, EOS, and Zcash fell by
larger margins.
Trading volumes in BCH / KRW pair offered by Bithumb, one of the
largest cryptocurrency exchanges in South Korea, have gone up by 42 percent in the last 24 hours and currently has the highest
volume at $ 1,296,300,000 ranking as number one market according to CoinMarketCap.This may be due to the fact that the Financial Supervisory Service (FSS) Governor Choe Heung - sik said Thursday that the watchdog is not considering digital tokens, such as Bitcoin, as legitimate
currency and thus has no plan to supervise transactions of the cryptocurrency.
Nordvig said global daily
trading volume between the two
largest digital
currencies, bitcoin and ethereum, into traditional
currencies has multiplied eight times in the last year.