Upbit 'Coin Collection', Application Amount Surpasses 8 Billion Won in One Month

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Decenter
a day ago
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Dunamu announced on the 19th that the total monthly order application amount for Upbit's 'Coin Collection' virtual asset exchange exceeded 8 billion won.

Coin collection is an automatic investment service provided by Upbit. Automatic investment is an investment method that reduces the risk of volatility due to short-term investment and allows you to make profits from stocks that are trending upward in the long term. Dunamu has been providing the coin collection service since August 13th so that Upbit users can effectively respond to the volatility of the virtual asset market.



Coin Collecting users can create regular automatic orders on a daily, weekly, or monthly basis. In order to establish a sound and planned virtual asset investment culture, the Coin Collecting service has a maximum order amount limit. Up to 1 million won can be applied for per order, and the maximum order amount per virtual asset is 3 million won.

Coin Collecting has surpassed 8 billion won in cumulative monthly orders in just one month since its launch. An average of 280 million won is being invested each day. Currently, the virtual assets that can be invested in through Coin Collecting are Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). Of these, BTC’s cumulative order amount is the largest, at approximately 5.3 billion won, or 65% of the total.

The number of service users is also steadily increasing. The number of users who have actually made savings investments through coin collection is approximately 20,000. Dunamu plans to rapidly increase the types of virtual assets that can be invested through coin collection.

A Dunamu official said, “Investments through coin collecting are increasing among investors who are paying attention to market volatility,” and “We plan to rapidly expand the types of virtual assets that can be invested in through ‘coin collecting’ to provide users with more diverse choices, and add various additional functions to improve convenience.”
Reporter Kim Jeong-woo
woo@decenter.kr
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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