Korbit

Exchange #118
$ 17.48M
Volume

Coin listings

All coin listings
# Coins Price 24h volume
1
Tether USD USDT
$ 1.01
$ 8.43M
$ 8.43 million Trade
2
Bitcoin BTC
$ 109,692.84
$ 2.39M
$ 2.39 million Trade
3
Ethereum ETH
$ 2,763.05
$ 2.01M
$ 2.01 million Trade
4
Paycoin PCI
$ 0.0704
$ 1.51M
$ 1.51 million Trade
5
XRP XRP
$ 2.32
$ 1.27M
$ 1.27 million Trade
All coins

New coin listings

Coins Price Added
Storychain IP
$ 4.34
2 weeks ago
2w
Trade
Sonic S
$ 0.444
3 weeks ago
3w
Trade
Hippo Protocol HP
$ 0.0472
4 weeks ago
4w
Trade
AVL AVL
$ 0.236
5 weeks ago
5w
Trade
Bittensor TAO
$ 443.66
2 months ago
2mo
Trade
All new coins

Markets

Markets Price 24h volume
USDT / KRW Korbit
$ 1.01
$ 8.43M
$ 8.43 million Trade
BTC / KRW Korbit
$ 109,692.84
$ 2.39M
$ 2.39 million Trade
ETH / KRW Korbit
$ 2,763.05
$ 2.01M
$ 2.01 million Trade
PCI / KRW Korbit
$ 0.0704
$ 1.51M
$ 1.51 million Trade
XRP / KRW Korbit
$ 2.32
$ 1.27M
$ 1.27 million Trade
All markets

About Korbit

Korbit Exchange: A Quick Rundown

Hey there! Let’s chat about Korbit, a crypto exchange that’s been around since 2013, based in Seoul, South Korea. It’s one of the OG platforms in the country, mostly serving South Korean folks with a local twist. It’s got some big-name backers like NXC (Nexon’s parent company) and even Tim Draper, and it’s still up and running, though its recent 24-hour trading volume is around $23.86M—not huge, but not tiny either.

What’s Good About Korbit?

  • KRW Trading: You can trade coins like BTC, ETH, XRP, ADA, and DOGE straight with Korean Won (KRW) using bank transfers—deposits are free, but withdrawals have a small fee (like 0.0001 BTC for BTC).
  • Nice Fees: Starts at 0.08% for makers, 0.2% for takers, but if you trade over 100 billion KRW a month, it drops to zero maker and 0.01% taker fees—pretty sweet!
  • Extra Stuff: They’ve got ETH 2.0 staking, an NFT marketplace, and a “Korbit Piggy Bank” for rewards, plus a trading API for those who like automating things.
  • App and Platform: There’s a web platform with basic charts and an order book, plus Android/iOS apps, though the English version of the app is still “coming soon.”
  • Support: They offer help in Korean, English, and Chinese via phone, email, or chat—all in-house, so it feels more personal.

What to Watch Out For?

  • Korea-Focused: It’s mostly for South Koreans—Korean language, KRW pairs, and you need a Korean mobile carrier to sign up, which can be a hassle if you’re not local.
  • Not Regulated: No major regulatory oversight, though South Korea’s crypto laws are getting stricter, and they’ve blocked Russian IPs in 2022 to stay compliant.
  • Limited Coins: Around 5–190 pairs (numbers vary by source), which isn’t a ton compared to global exchanges like Binance.
  • Security Okay, But…: They use 2FA and claim cold storage, with no hacks so far, but some users on X mention slow support or withdrawal issues, so be cautious.
  • Basic Tools: The platform’s charting and features might feel too simple if you’re an advanced trader looking for more.

Korbit’s a decent pick if you’re in South Korea and want a local, trusted exchange, but it’s not ideal for non-Koreans or those wanting more coin options. Give their site a peek at https://www.korbit.co.kr if you’re curious!