Upbit is a cryptocurrency exchange platform that allows users to trade a wide range of digital assets. It is known for its user-friendly interface and comprehensive security measures.
Upbit
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. The platform is particularly popular in South Korea and is recognized for its robust security measures. However, it is important to note that Upbit’s services are primarily focused on the Asian market, which may limit accessibility for users in other regions.
Key facts
$642.5M
24h volume
+4.5% vs yesterday
#26
Trust rank
CoinGecko score 8/10
4.0/5
Our rating
2017
Founded
349
Coins
493
Trading pairs
| Headquarters | South Korea |
|---|---|
| Exchange type | Centralized (CEX) |
| Licences / regulators | 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.) |
Updated · Market data refreshed (CoinGecko)
Pros
Cons
Key Features
How we review: We rate exchanges on security, regulation, fees, products, UX, and reputation using independent research and platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.
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Frequently Asked Questions
Yes, Upbit is regulated and operates under the jurisdiction of South Korea. It complies with local financial regulations and implements strict anti-money laundering (AML) and know your customer (KYC) policies.
Upbit supports a diverse selection of cryptocurrencies, including major coins like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), as well as numerous altcoins.
Yes, Upbit provides a mobile application available for both iOS and Android devices, enabling users to trade and manage their portfolios on the go.
Upbit employs multiple security measures, including two-factor authentication (2FA), cold storage for the majority of funds, and regular security audits to protect user assets and data.
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