South Korean crypto exchange employees out-earn staff at major banks

Dunamu’s consolidated sales in the first quarter of 2024 reached $400 million, showing a 60.5% increase. 

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Employees and executives of Dunamu, which operates the Upbit crypto exchange, have been receiving a higher average income than workers at four major banks in South Korea. 

Citing data released by the Financial Supervisory Service (FSS), local media outlet News1 reported that the average salary received by Dunamu employees in the first half of 2024 was 133.73 million South Korean won (roughly $99,500). 

The exchange staff’s earnings surpass the average salary of employees of some of the country’s major banks, such as KB Kookmin Bank, Shinhan Bank, Hana Bank and Woori Bank. According to FSS data, the average salary of staff in major banks is 116 million won (around $86,700). 

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