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Data refreshed 5 Nov 2026 · Compiled by Charlie Williams
Trust score 8 / 10 · Trust rank #28 · Founded 2016
Bitbank is a cryptocurrency exchange platform that provides a secure and user-friendly environment for trading digital assets. It offers competitive trading fees and supports a variety of cryptocurrencies, making it suitable for…
Read the Bitbank review
Trust score 8 / 10 · Trust rank #27 · Founded 2017
Upbit is a cryptocurrency exchange known for its user-friendly interface and comprehensive range of digital assets. It provides you with access to a wide variety of cryptocurrencies and offers competitive trading fees.…
Read the Upbit reviewBitbank and Upbit are both centralized exchanges. Bitbank (founded 2016, headquartered in Japan) ranks #28 on our trust rank, reports $33.7M in 24-hour trading volume and lists 43 coins across 43 trading pairs. Upbit (founded 2017, headquartered in South Korea) ranks #27 on our trust rank, reports $963.0M in 24-hour trading volume and lists 349 coins across 493 trading pairs.
Scored on 7 measurable dimensions where both exchanges have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.
| Criteria | Bitbank | Upbit |
|---|---|---|
| Trust score | 8 / 10 | 8 / 10 |
| Trust rank | #28 | #27 |
| 24h trading volume | $33.7M | $963.0M |
| Coins listed | 43 | 349 |
| Trading pairs | 43 | 493 |
| Founded | 2016 | 2017 |
| Headquarters | Japan | South Korea |
| Exchange type | Centralized (CEX) | Centralized (CEX) |
| Countries available | 1 countries | 1 countries |
| Licences / registrations | Financial Services Agency (JFSA) - Japan | Korea Financial Intelligence Unit (KoFIU), VASP registration - South Korea, Securities and Exchange Commission (SEC Thailand) - Thailand (through Upbit Exchange), Monetary Authority of Singapore (MAS) - Singapore (through Upbit Singapore Pte. Ltd.) |
| Trading types | Spot | Spot |
Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that exchange — we never fill gaps with estimates.
Only Bitbank (1): Japan.
Only Upbit (1): South Korea.
Availability reflects the countries each exchange declares it serves. Local rules change; confirm on the exchange's own site before signing up.
Upbit reports the higher 24-hour trading volume ($33.7M vs $963.0M), based on the latest market data in our catalogue.
Upbit lists more coins: 43 at Bitbank versus 349 at Upbit.
Bitbank has the higher trust score (8 / 10 vs 8 / 10). The score reflects liquidity, scale of operations and cyber-security signals as tracked in our catalogue.
Bitbank is the older of the two, founded in 2016; Upbit was founded in 2017.
They overlap in 0 countries. Bitbank is additionally available in 1 countries (Japan) and Upbit in 1 countries (South Korea).
Risk warning: cryptoassets are highly volatile and largely unregulated in many jurisdictions. You may lose the entire amount you deposit. Nothing on this page is financial advice; check availability and terms with the exchange before opening an account. Full risk disclosure.