UPbit Korea Exchange - One of South Korea's Leading Crypto Trading Platforms

UPbit Korea: A Leading Cryptocurrency Exchange in South Korea

UPbit is a cryptocurrency exchange based in South Korea that was founded in 2017. It has quickly become one of the largest and most popular exchanges in the country, offering a wide range of trading pairs and some of the lowest fees in the industry. UPbit is known for its robust security measures, including cold storage for user funds, and its user-friendly interface. The exchange is operated by Dunamu Inc., a subsidiary of Korean tech giant Kakao.

UPbit Korea: A Leading Cryptocurrency Exchange

UPbit Korea, often simply referred to as UPbit, is a prominent cryptocurrency exchange based in South Korea. Launched in October 2017, UPbit quickly established itself as one of the leading exchanges in the country. In this article, we will explore the different aspects of UPbit, including its history, features, trading options, and more.

Background and History

UPbit was launched by Dunamu Inc., a South Korean fintech company, which is also known for operating the popular Korean social media news app, KakaoStock. Dunamu Inc. is affiliated with Kakao Corp, a major South Korean internet company. UPbit's launch was highly anticipated and it quickly gained popularity for its user-friendly interface and a wide selection of cryptocurrencies.

Trading Options and Supported Cryptocurrencies

UPbit offers its users a wide array of cryptocurrencies for trading. This includes major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), as well as a variety of altcoins.

Trading Pairs: UPbit provides a variety of trading pairs, allowing users to trade crypto-to-crypto, as well as crypto-to-fiat pairs, particularly with the Korean Won (KRW).
User Interface: The exchange is known for having a user-friendly interface, making it accessible for both beginners and experienced traders.
Mobile App: UPbit has a mobile app available on both Android and iOS, enabling users to trade on the go.

Security Measures

Security is a crucial aspect of any cryptocurrency exchange, and UPbit is no exception. The exchange employs several security measures:

Two-Factor Authentication (2FA): This feature adds an extra layer of security to user accounts.
Cold Storage: The majority of user funds are stored in cold wallets, which are disconnected from the internet and thus less vulnerable to hacking.
Regular Audits: UPbit undergoes regular financial audits and security inspections to ensure the safety of user assets.

Fees and Commissions

UPbit operates on a tiered fee structure. Trading fees vary depending on the user’s 30-day trading volume and whether they are a maker or taker in trades. Generally, UPbit’s fees are competitive when compared to other exchanges.

Market Impact

As one of the leading exchanges in South Korea, UPbit plays a significant role in the cryptocurrency market in the region. South Korea is known for its enthusiastic adoption of cryptocurrencies, and UPbit has been at the forefront of this movement.

"UPbit is not just an exchange, but a key player that is shaping the cryptocurrency landscape in South Korea." - Anonymous market analyst.

Regulatory Compliance

South Korea has a strict regulatory environment for cryptocurrency exchanges, and UPbit has consistently complied with government regulations. This includes adherence to Anti-Money Laundering (AML) and Know Your Customer (KYC) policies.

Conclusion

UPbit Korea continues to be a dominant force in the cryptocurrency space in South Korea. With a wide range of cryptocurrencies, a user-friendly interface , robust security measures, and regulatory compliance, UPbit is an attractive option for both new and experienced cryptocurrency traders in the region.

All coins available for trading on UPbit Korea

rank	coin	price $	market cap $	volume 24h $	% 24h	% 7d
1	Bitcoin	97041.61 ↑	1,919,995,159,061	87,259,551,286	4.82	7.85
2	Ethereum	3108.27 ↓	374,321,333,880	33,794,043,398	-0.07	-3.54
3	Tether	1.00	130,204,288,346	158,576,004,523	-0.06	-0.01
5	USD Coin	0.99980 ↓	37,864,058,844	12,220,180,347	-0.02	0
6	XRP	1.11 ↑	63,138,695,622	6,806,317,202	2.31	59.21
7	Cardano	0.78556 ↑	27,536,228,294	3,528,686,709	0.48	36.17
8	Dogecoin	0.38254 ↓	56,186,861,387	8,654,406,648	-1.81	-2.88
9	TRON	0.19695 ↓	17,008,513,521	824,530,961	-0.28	9.49
11	Polygon	0.43354 ↑	1,012,229,314	16,695,267	0.63	14.91
12	Litecoin	86.48 ↑	6,505,285,867	861,067,086	1.34	4.65
13	Polkadot	5.66 ↓	8,606,476,705	634,405,331	-2.71	10.27
14	Toncoin	5.36 ↓	13,646,767,750	338,085,373	-1.26	-1.57
15	Dai	0.99994 ↑	5,365,064,890	152,989,463	0.01	0.04
18	Shiba Inu	0.0000241 ↓	14,200,591,863	1,159,412,192	-1.34	-7.99
19	Avalanche	33.97 ↑	13,895,628,179	822,777,644	0.25	0.55
21	TrueUSD	1.00	495,812,722	56,531,377	0.02	0.63
22	Cosmos	6.24 ↓	2,438,211,799	312,139,791	-2.44	19.57
23	Chainlink	14.52 ↓	9,104,813,577	752,534,319	-0.23	6.51
24	Uniswap	8.83 ↓	5,301,236,006	328,505,260	-4.47	1.55
26	Monero	161.86 ↑	2,985,770,807	61,343,256	1.36	10.53
27	Ethereum Classic	26.43 ↑	3,954,565,525	395,552,138	2.19	17.71
28	Stellar	0.23595 ↑	7,072,122,185	1,674,313,568	1.36	88.9
29	Bitcoin Cash	512.59 ↑	10,144,704,227	1,116,725,316	16.71	16.11
31	Filecoin	4.35 ↓	2,612,458,074	377,222,159	-0.07	5.06
33	Hedera	0.12324 ↑	4,645,111,617	1,187,250,108	2.08	100.77
34	Aptos	11.71 ↑	6,240,918,861	1,092,358,138	1.24	-3.02
35	Quant	88.77 ↑	1,071,711,312	45,687,766	0.81	39.72
36	Cronos	0.17466 ↓	4,640,935,979	98,440,831	-1.44	8.42
38	NEAR Protocol	5.54 ↓	6,741,208,073	550,212,770	-1.46	4.96
39	VeChain	0.03212 ↓	2,601,464,673	69,938,995	-3.08	22.43
41	The Graph	0.21742 ↓	2,076,011,087	165,422,001	-1.55	18.04
42	Algorand	0.21178 ↓	1,752,672,670	257,061,895	-3.57	42.38
44	Stacks	1.91 ↑	2,868,880,480	261,567,280	3.84	-2.04
45	MultiversX	29.18 ↓	804,860,628	53,405,221	-3.01	-2.5
46	ApeCoin	1.14 ↑	858,894,806	217,697,876	3	-2.14
50	Aave	157.62 ↓	2,361,081,456	271,456,739	-1.98	-9.73
51	Render Token	7.34 ↓	3,800,671,458	1,026,147,574	-8.44	3.49
53	The Sandbox	0.34072 ↑	815,771,050	122,428,368	0.39	18.74
55	EOS	0.64728 ↑	989,504,716	185,656,781	1.19	16.08
56	Tezos	1.02 ↑	1,038,915,580	227,149,701	0.87	37.45
57	Maker	1530.82 ↑	1,350,031,029	151,152,293	2.18	2.89
58	Theta Network	1.69 ↓	1,686,426,408	53,290,069	-0.03	19.92
59	Decentraland	0.40249 ↑	781,733,096	104,423,226	0.7	18.16
60	Axie Infinity	5.66 ↑	870,265,717	80,135,113	0.53	5.27
61	Immutable	1.28 ↓	2,143,143,831	92,880,832	-3.26	1.29
66	Curve DAO Token	0.38090 ↓	470,981,652	223,292,948	-4.05	25.82
68	Injective	23.86 ↓	2,358,045,573	207,797,337	-0.71	-3.18
73	Flow	0.69496 ↑	1,074,550,217	80,938,521	1.22	15.71
74	Chiliz	0.07340 ↓	669,533,713	124,431,700	-0.79	9.97
80	Kava	0.44760 ↓	484,683,370	33,067,193	-1.22	11.56
83	Zcash	42.74 ↑	697,825,092	92,309,980	2.34	10.68
86	eCash	0.0000485 ↑	959,456,203	97,908,787	9.66	11.95
88	Mina	0.64459 ↓	763,432,236	54,624,279	-1.56	-1.96
90	Dash	28.57 ↑	343,827,940	63,522,765	1.94	9.56
94	Mask Network	2.89 ↓	288,693,200	175,218,655	-7.5	-1.39
95	Loopring	0.17555 ↓	239,937,571	21,656,385	-1.28	20.93
97	Zilliqa	0.01999 ↓	383,492,519	37,583,010	-1.92	15.78
98	Gnosis	253.05 ↓	655,303,141	5,674,158	-1.51	-1.79
104	Enjin Coin	0.19235 ↓	341,276,363	30,510,841	-2.36	18.08
105	1inch Network	0.32944 ↑	421,277,214	56,796,750	0.24	13.09
106	Basic Attention Token	0.20822 ↓	311,422,855	29,735,023	-0.86	10.03
107	Blur	0.24085 ↓	486,483,301	67,802,989	-2.68	-1.63
111	NEM	0.02105 ↓	189,460,508	31,210,910	-2.64	17.6
112	Ethereum Name Service	17.78 ↓	606,854,260	149,374,012	-0.84	1.45
114	Ravencoin	0.02216 ↑	321,759,661	11,383,852	0.55	9.19
115	Qtum	3.06 ↑	322,726,950	47,411,046	0.82	12.72
117	Compound	53.67 ↑	474,502,005	48,184,453	0.04	9.74
118	Decred	13.58 ↓	223,402,607	1,975,715	-0.46	5.45
120	Ocean Protocol	0.53249 ↓	0	885,732	-3.66	-6.93
121	Celo	0.67042 ↓	371,298,894	64,087,440	-1.07	0.81
123	Theta Fuel	0.06573 ↓	443,826,304	9,837,875	-2.69	11.85
124	Ankr	0.03274 ↓	327,397,691	19,524,317	-1.15	8.39
125	Bitcoin Gold	36.91 ↑	646,404,618	100,696,375	15.91	15.28
128	STEPN	0.16249 ↓	484,516,396	44,440,493	-0.65	9.53
129	Audius	0.13807 ↓	176,172,969	10,997,312	-2.76	3.12
130	ICON	0.16019 ↓	165,441,049	6,712,274	-1.77	6.61
131	Solar	0.34609 ↓	216,064,110	21,098,214	-2.45	4.5
134	JUST	0.03293 ↓	326,005,590	33,070,227	-0.89	-3.97
136	Astar	0.06317 ↓	468,075,314	40,086,462	-3.69	6.97
137	Terra	0.40135 ↓	284,948,917	44,298,579	-2.68	4.33
139	IoTeX	0.04133 ↓	390,164,807	17,812,141	-2.03	0.16
141	Golem	0.34960 ↓	349,603,750	12,544,797	-1.5	2.91
145	Threshold	0.02656 ↓	265,450,888	73,106,209	-3.79	6.26
146	Waves	1.48 ↓	171,530,619	60,522,593	-2.45	13.63
147	MAGIC	0.40171 ↓	110,114,576	23,397,159	-4.1	2.84
148	0x Protocol	0.42338 ↑	359,192,027	75,133,660	0.63	16.48
151	Hive	0.22954 ↓	114,943,846	4,607,349	-2.42	-2.02
152	Ontology	0.21911 ↓	198,881,359	11,125,429	-0.4	6.64
153	Moonbeam	0.21452 ↑	197,363,885	24,737,089	2.8	19.84
156	Siacoin	0.00582 ↓	336,266,799	48,879,997	-1.35	15.99
159	IOST	0.00612 ↓	130,489,603	13,110,556	-0.26	10.98
160	WAX	0.04040 ↓	144,099,450	11,437,137	-2.16	8.38
165	BORA	0.11508 ↓	126,563,931	3,755,933	-0.76	9.72
170	Stargate Finance	0.30537 ↓	62,399,330	21,778,428	-1.2	-1.84
174	Axelar	0.69900 ↓	594,093,080	20,220,093	-2.08	-4.23
176	Livepeer	10.04 ↓	361,486,886	42,306,605	-2.71	-10.15
178	Nervos Network	0.01276 ↓	575,065,667	65,150,654	-1.31	-1.44
181	Reserve Rights	0.00736 ↓	391,138,652	17,415,004	-2.6	1.46
182	DigiByte	0.01168 ↑	202,872,175	128,329,924	28.43	60.95
183	Cartesi	0.14906 ↓	124,922,876	12,562,768	-2.86	5.21

Other exchanges

crypto exchange	volume 1h, USD	volume 1d, USD	volume 1m, USD	to website
Kraken	90,353,992.26	3,194,313,389.4	69,601,180,496.36	open
Binance	502,824,167.29	9,090,068,510.83	188,021,668,265.13	open
Coinbase Pro	78,884,758.77	1,478,102,740.34	22,867,148,390.71	open
bitFlyer	-	-	-	open
BITHUMB	5,513,327.62	194,320,155.65	3,746,650,476.72	open
coinone	1,264,082.99	42,437,435.2	732,535,158.36	open
Gemini	2,463,829.41	83,701,125	2,274,562,528.5	open
Huobi	-	-	-	open
OKCoin CNY	-	-	-	open
Bittrex	146,814.79	3,073,349,378.36	41,831,266,224,903.31	open
POLONIEX	-	-	-	open
Huobi Global	1,005,400,507.9	10,817,681,562.41	1,360,101,686,184.9	open
BTCCHINA	-	-	-	open
OKCoin USD	4,091.13	176,935.47	291,883,001,246.92	open
OKEx	2,380,445,668.47	39,517,338,303.71	1,612,989,626,930.74	open
HitBTC	19,791,120.51	484,138,429.18	15,830,480,116.63	open
BTCTRADE	-	-	-	open
BitMEX	14,329,036,905,492.24	197,403,901,713,689.7	2,054,120,513,659,246.5	open
Kucoin	49,187,724.63	33,734,801,998.95	335,758,426,170.95	open
Bitstamp Ltd.	10,197,977.42	253,571,571.91	4,223,971,605.89	open
Bitfinex	47,433,631.32	570,925,519.85	12,093,006,594.9	open
itBit	-	-	-	open
Deribit	30,235,002,706.06	337,085,270,147.27	15,634,914,333,459.94	open
Zonda	74,353.37	4,367,998.86	53,941,880.4	open
UPbit Korea	12,981,098.14	623,548,363.3	12,724,526,476.89	open
Bibox	-	-	-	open
Cryptopia	-	-	-	open
coincheck	-	-	-	open
Liqui	-	-	-	open
EXMO	1,300,725.77	34,765,831.99	1,069,026,539.78	open
CHBTC	-	-	-	open
Jubi	-	-	-	open
Zaif	183,300.46	13,424,105.7	131,955,350.2	open
Korbit	-	-	-	open
BTC38	-	-	-	open
mtgox	-	-	-	open
LakeBTC	-	-	-	open
Bleutrade	-	-	-	open
Indodax	61,341.74	1,672,216.47	30,219,455.69	open
Tidex	-	-	599,973,579.58	open
ACX	-	-	-	open
Bitso	753,339.9	33,762,854.45	738,087,388.92	open
LiveCoin	-	-	-	open
MixCoins	-	-	-	open
BirWoX	-	-	-	open
Bter	-	-	-	open
Mercado Bitcoin	147,200.36	3,306,381.85	49,769,880.25	open
Coinnest	-	-	-	open
CEX.IO	108,325.55	3,655,384.99	61,900,913.08	open
The Rock Trading LTD.	-	-	-	open
c-cex	-	-	-	open
BitYes	-	-	-	open
QuadrigaCX	-	-	-	open
BitMarket	-	-	-	open
Luno	476,668.87	7,109,147.56	132,049,996.55	open
BTC Markets Pty Ltd.	111,512.67	4,763,262.88	87,629,217.86	open
Vaultoro	-	-	-	open
BtcBox	526,905.66	13,636,704.02	429,976,542.86	open
Gatecoin	-	-	-	open
GetBTC	-	-	-	open
Allcoin	-	-	-	open
Coin Mate	34,930.03	1,709,950.76	32,490,303.12	open
Independent Reserve	393,178.93	6,817,605.86	138,472,323.92	open
DSX	-	-	-	open
coinfloor	-	-	-	open
Abucoins	-	-	-	open
SouthXchange	5,259,309.71	33,660,999,752.71	20,971,352,852,389,970	open
BTC Trade UA	-	-	-	open
Kraken Futures	2,739,765	48,573,498	790,383,965	open
BitVC.com	-	-	-	open
bt.cx	-	-	-	open
Kuna	-	-	-	open
Braziliex	-	-	-	open
Bit2C	-	-	-	open
FYB-SG	-	-	-	open
YUNBI	-	-	-	open
BitKonan	-	-	-	open
FYB-SE	-	-	-	open
BTCC	-	-	-	open
Coingi	33,408.29	210,153.08	3,291,290.38	open
Novaexchange	-	-	-	open
1Btcxe	-	-	-	open
VBTC.VN	-	-	-	open
Coinsecure	-	-	-	open
Foxbit	-	-	-	open
CHILEBIT	-	-	-	open
URDUBIT	-	-	-	open
TOPBTC	-	-	-	open
ZB	-	-	-	open
Switcheo Network	-	-	-	open
WazirX	64,463.08	1,644,688.63	33,818,560.43	open
Fisco	-	-	-	open
Sistemkoin	-	-	-	open
DDEX	-	-	-	open
IDCM	-	-	-	open
Bgogo	-	-	12,616.25	open
RIGHTBTC	-	-	-	open
Bitsane	-	-	-	open
Satang Pro	-	-	-	open
FreiExchange	-	-	-	open
Stronghold	-	-	-	open
Bitmax	1,944,631,440.37	17,968,911,810.15	9,483,205,430,572,956	open
Waves Decentralized Exchange	-	-	-	open
TokTok	-	-	-	open
55 Global Markets	-	-	-	open
Bitibu	-	-	-	open
InfinityCoin Exchange	-	-	-	open
CoinFalcon	-	-	-	open
Coinsquare	-	-	-	open
GOPAX	-	-	-	open
Heat Wallet	-	-	-	open
Kyber Network	-	-	-	open
Graviex	109.89	136,767,202,443	403,601,626,471,669,500	open
FatBTC	-	-	-	open
bitFlyer Lightning	5,165,206.39	121,225,725.59	2,019,774,576.8	open
STEX	-	-	-	open
CryptoBridge	-	-	-	open
Bitbank	1,898,792.03	66,204,332.73	1,221,150,150.91	open
CoinMex	-	-	-	open
Neraex	-	-	-	open
AidosMarket	-	-	-	open
BITKER	-	-	-	open
Coins Pro	-	-	-	open
MODIAX	-	-	-	open
DEx.top	-	-	-	open
LXDX	-	-	-	open
iCE3X	-	-	-	open
ezBtc	-	-	-	open
CoinJar	-	-	-	open
DragonEX	-	-	-	open
Buda	-	-	-	open
Ethfinex	-	-	-	open
EXX	-	-	-	open
LocalTrade	71,004,449.93	1,493,092,412.2	41,020,439,266.05	open
Bithesap	-	-	-	open
Cashierest	-	-	-	open
BHEX	-	-	-	open
Tidebit	-	59,250.24	685,357.4	open
BigONE	30,223,741.45	695,329,874.08	31,059,033,373.06	open
XS2	-	-	-	open
Gatehub	-	-	-	open
Kryptono	-	-	-	open
YunEx	-	-	-	open
COBINHOOD	-	-	-	open
Instant Bitex	-	-	-	open
CryptalDash	-	-	-	open
CryptoMarket	-	-	-	open
FCoin	-	-	-	open
BW	-	-	46,397.76	open
CRXzone	-	-	-	open
MERCATOX	-	-	-	open
GDAC	108,155.8	2,633,610.61	81,860,941.92	open
Bisq	-	-	-	open
OceanEx	1,207,664.52	31,822,959.27	822,310,668.94	open
ExtStock	-	-	-	open
Lykke	215.76	225,953.23	11,392,005.93	open
GuldenTrader	-	-	-	open
BitcoinTrade	-	-	-	open
Huobi DM	1,779,467,495.87	23,484,196,110.89	483,887,976,359.2	open
C-Patex	-	-	-	open
Cryptomate	-	-	-	open
Crypton	-	-	-	open
Coinall	-	-	-	open
Bitkub	539,105,730.9	42,606,882,685.85	869,936,712,600.01	open
Zebpay	-	-	-	open
CHAOEX	-	-	-	open
Coinhub	-	-	-	open
Coinsbit	648,178,048.61	19,936,505,926.9	1,162,185,796,838.48	open
ANXPro	-	-	-	open
BTC-Alpha	-	-	-	open
UEX	-	-	-	open
Xena Exchange	-	-	-	open
Coinrate	-	-	-	open
LiteBit.eu	-	-	-	open
DigiFinex	1,297,889,598.74	35,576,044,616.3	1,263,421,715,269.09	open
Cat.Ex	305,782.14	7,376,954.94	1,555,197,390.5	open
Coinlim	-	-	-	open
LATOKEN	1,346,170.31	40,065,522.93	22,467,500,059,962.35	open
Dcoin	-	-	-	open
COSS	-	-	-	open
Bitinka	-	-	-	open
ISX	-	-	-	open
Tokenomy	-	-	-	open
CoinsBank	-	-	-	open
Koinim	-	-	-	open
Negocie Coins	-	-	-	open
Stellarport	-	-	-	open
DOBI	-	-	-	open
CoinCorner	-	-	-	open
TradeOgre	19,461,201,603.13	466,074,671,818.39	187,165,175,250,258,700,000	open
IDAX	-	-	-	open
CoinBene	-	-	-	open
Hadax	-	-	-	open
SeedCX	-	-	-	open
LBank	1,299,655,579,933.51	46,787,602,132,944.59	2,877,357,285,931,114	open
Allbit	-	-	-	open
C2CX	-	-	-	open
xBTCe	-	-	-	open
CoinSpot	-	-	-	open
CPDAX	-	-	-	open
CoinZest	-	-	-	open
Cryptonex	-	-	-	open
CoinPlace	-	-	-	open
Binance Jersey	-	-	-	open
Vebitcoin	-	-	-	open
Bitrabbit	-	-	-	open
Koineks	-	-	-	open
BitMart	-	-	49,613,395,428,461,970	open
Trade Satoshi	-	-	-	open
CoinTiger	-	-	-	open
Radar Relay	-	-	-	open
Exrates	-	-	-	open
Trade.io	-	-	-	open
BBX	-	-	-	open
Coinut	1,455.03	54,119.04	4,807,534.21	open
Coindeal	-	-	-	open
Cryptology	2,954,244.13	49,054,188.01	988,186,833.43	open
ABCC	-	-	-	open
Rfinex	-	-	-	open
Bitbns	-	-	-	open
Bitex.la	-	-	-	open
Nocks	-	-	-	open
BitShares Asset Exchange	-	-	-	open
BCEX	-	-	-	open
SIMEX	-	-	-	open
Crex24	-	-	-	open
Bitrue	-	-	-	open
BitForex	638,607,939,775.57	13,071,274,584,754.07	569,912,082,923,981.9	open
BTC-e	-	-	-	open
YObit	115,914,238,901.84	3,519,561,319,214.73	7,536,488,398,464.74	open
Gate.io	26,476,452,860,590,824	649,168,688,929,442,600	19,254,978,731,058,377,000	open
BX Thailand	-	-	-	open
Bitlish	-	-	-	open
Token Store	-	-	-	open
Indodax	136,607.57	10,506,027,800,979,844	1,017,454,926,642,614,100	open
Bit-Z	-	-	-	open
ZBG	-	-	-	open
Bilaxy	-	-	-	open
WexNz	-	-	-	open