MASRegulated
Singapore Crypto Asset Exchange License (CASP)
UPbit
Basic Information
Country/Region
Singapore
Operating Period5-10 years
Company Name--
Contact Number--
Websitehttps://sg.upbit.com/home
Exchange AbbreviationUPbit
RiskNotice
2 risk alerts
SECRegulated
Thailand Crypto Asset Exchange License (CASP)
OJKRegulated
Indonesia Crypto Asset Exchange License (CASP)
FIURegulated
South Korea Virtual Asset Service Provider (VASP)
| Currency/Name | Trade | Unit Price | Change | 24H Vol | +2%/-2% Market Depth | Liquidity |
|---|---|---|---|---|---|---|
 | 0G/USDT | $0.17 | 5.24% | 1 | $0.00/$0.00 | 1 |
| 2Z/USDT | $0.06 | 4.01% | 1 | $0.00/$0.00 | 1 |
| ACS/USDT | $0 | 0.49% | 254 | $6.87K/$5.13K | 254 |
| ADA/USDT | $0.16 | 3.89% | 1 | $10.11/$234.98 | 1 |
| AERO/USDT | $0.6 | 3.82% | 1 | $0.00/$0.00 | 1 |
| AGLD/USDT | $0.41 | 17.64% | 1 | $0.00/$0.00 | 1 |
| AHT/USDT | $0 | 0.29% | 1 | $0.00/$0.00 | 1 |
| AI/USDT | $0.01 | 0.87% | 1 | $0.00/$0.00 | 1 |
| AKT/USDT | $0.58 | 1.31% | 1 | $0.00/$0.00 | 1 |
| ALT/USDT | $0.01 | 0.91% | 1 | $0.00/$0.00 | 1 |
Exchange Overview
Exchange Overview
What is Upbit?
Upbit Korea is the largest cryptocurrency exchange in South Korea in terms of trading volume and customer base, with over 180 crypto coins/tokens listed and over 300 trading pairs readily available. Upbit's ecosystem comprises of Upbit Exchange, NFT Marketplace/Drops platform, and its Staking services.
Through its user-friendly web platform and mobile apps, Upbit offers a fast and secure trading experience and has always prioritized safety, transparency, and reliability for its users.
Upbit has gained significant security certifications since the exchange launched in 2017, including ISMS-P and ISO/IEC, attesting to its high degree of personal information and information security management. Upbit has an industry-leading, round-the-clock Artificial Intelligence FDS system and a dedicated AML team for suspicious transaction monitoring.
Through its Upbit Care Centre, Upbit offers unparalleled investor protection services, including free counseling and education on cryptocurrencies.
Upbit Singapore*, Upbit Indonesia, and Upbit Thailand are independent legal entities incorporated and regulated in their respective jurisdictions. Upbit Korea shares BTC and USDT-based pairs liquidity with Upbit Thailand and Upbit Indonesia.
*Upbit Singapore has been exempted from holding a license under the Payment Services Act ("PS Act") for DPT services.
Who are the Founders of Upbit?
Song Chi-hyung founded and chairs Dunamu, the operator of Upbit. He received his Bachelor’s degree in computer science and economics from Seoul National University.
Song Chi-hyung worked on developing mobile payment services and various IT-related projects at Danal and Inomove before founding Dunamu.
When did Upbit Launch?
Upbit launched its service in October 2017 and obtained the first virtual asset service provider (VASP) qualification in 2021.
Upbit Restricted Countries
Upbit limits its services to countries that are deemed high-risk by the FATF and UN.
How Much Are Upbit Fees?
Upbit offers a low trading fee of 0.05% in the Korean Won (KRW) trading pairs.
BTC and UDST-based trading pairs for both maker and taker are 0.25%
Is it Possible to Use Leverage or Margin Trading on Upbit?
Upbit does not support leveraged trading or offer margin trading.
Business Region
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Feedback 31
This brand has not yet joined WikiBit platform. All feedback is publicly displayed.
momee3050
upbit targeted by hackers attacks increased over 200%.
Emmychi
Trading with Upbit feature is good but still need a little improvement
FX1107278211
The security of UPbit is worrying. I often hear news about being attacked by hackers, which greatly reduces my trust in it. Besides, the withdrawal speed is crazy slow.
Emmychi
Upbit is legal wallet that has low fee charges.. but still need improvement
Emmychi
Honestly speaking, Upbit have to upgrade because the have poor performance in terms of transaction and many more
Emmychi
Upbit is one of the few crypto exchanges that does not offer referral programs.
zeally
The platform is satisfactory to use although the trading fees are not competitive
Dexter 4856
upbit not reliable,,, still need improvement.
Dexter 4856
is not really good in trading....but still improvement
Dexter 4856
I want to learn more about this exchange and their new pattern of operation...but still need to be improved.