WOO Crypto’s Trading Volume Hits $118 Million, Leaving Ethereum and Solana Behind

Crypto News – WOO crypto, which debuted on the Korean platform Bithumb barely two weeks ago, has surpassed Ethereum and Solana in trading volumes in a single day, with $118 million in volume transacted.

WOO Crypto’s Trading Volume Hits $118 Million, Leaving Ethereum and Solana Behind

Third-place 24-hour trading volume for $WOO, only behind Bitcoin and XRP, represents a major accomplishment for the company as it continues its strategic expansion in Asia, where more benevolent rules are giving it a big boost. Moreover, two weeks ago, WOO declared that WOO X and Bithumb had successfully integrated after South Korean authorities approved CODE compliance. This may be one of the reasons for the increase in trading volume.

About CODE Compliance Approval

Three significant cryptocurrency exchanges in South Korea—Bithumb, Coinone, and Korbit—have collectively embraced Connect Digital Exchanges, or CODE, as a solution for Travel Rule compliance. WOO’s expansion strategy in Asia is furthered by the seamless deposit and withdrawal capabilities across WOO X and its partner exchanges, made possible by the integration with Bithumb and more than 20 additional exchanges in the CODE network.

Our integration with CODE Solution marks a significant milestone in our expansion strategy across Asia. Our strategic plan involves becoming fully compliant and making a significant impact in the South Korean market, which has the largest market for active traders in terms of volume.

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