Upbit
Official siteUpbit is South Korea's largest and most trusted cryptocurrency exchange, offering high KRW spot liquidity, bank-grade security, and simple spot trades.
- KRW Deposit Gateway
- Fiat deposits supported
- Trading since 2017
- 0.05% - 0.139%
- Spot fee
- N/A
- Max leverage
- CEX
- Exchange type
- Good
- 3.5 rating
About Upbit
Upbit is one of the largest cryptocurrency exchanges in South Korea and a major player in the global digital asset market. Launched in 2017 by Dunamu in partnership with Bittrex, Upbit is known for its strong liquidity, extensive cryptocurrency listings, and robust security infrastructure. The exchange primarily serves the Korean market but has expanded its presence internationally through regional platforms in Asia. Upbit is particularly popular among traders seeking access to a wide range of altcoins and a highly regulated trading environment.
- Deep KRW spot volume and market leadership in Korea
- Strict token vetting and security oversight
- Fast Korean bank wire settlement
- Founded
- 2017
- Years in operation
- 9 yrs
- Monthly visits
- 25M+
- Last reviewed
- 3 years ago
Trading details
Fees and limits
| Condition | Value |
|---|---|
| Spot fee | 0.05% - 0.139% |
| Maximum leverage | N/A |
| Spot assets | ~200 |
| Fiat deposit | Yes |
| KYC required | Yes |
| Signup bonus | KRW Deposit Gateway |
Instruments and features
Upbit provides access to a broad range of cryptocurrency markets through its spot trading platform. Users can trade major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA), Dogecoin (DOGE), Avalanche (AVAX), and hundreds of other digital assets . The exchange is particularly known for listing a large number of emerging altcoins, giving traders exposure to a diverse range of blockchain projects. Depending on the regional platform, traders can access crypto pairs denominated in KRW (Korean Won), BTC, USDT, and other supported currencies . Unlike traditional forex brokers, Upbit focuses exclusively on cryptocurrency spot trading and related blockchain asset services.
Upbit offers a streamlined and secure cryptocurrency trading experience through its web and mobile platforms. The exchange supports spot trading with real-time market data, advanced charting tools, and multiple order types, including market and limit orders. Traders benefit from deep liquidity in major cryptocurrency markets and fast order execution. Upbit emphasizes security through measures such as multi-factor authentication, cold wallet storage, and strict compliance procedures. The platform also provides portfolio management tools, price alerts, detailed market statistics, and mobile trading applications that allow users to monitor and manage their assets on the go. Additionally, Upbit regularly evaluates and updates its listed assets, helping maintain a high-quality trading environment for cryptocurrency investors.
What traders gain and give up with Upbit
Pros
- Deep KRW spot volume and market leadership in Korea
- Strict token vetting and security oversight
- Fast Korean bank wire settlement
Cons
- No derivatives or perpetual contracts supported
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Disclaimer
Figures on this page describe a third-party trading service and are not an offer of investment services or financial advice. Spreads, fees, leverage and bonus terms change without notice — confirm them on Upbit's own site before you deposit. Profile data sourced from fxpropsignal.com.