Korbit

Exchange #121
$ 16.80M
Volume

Coin listings

All coin listings
# Coins Price 24h volume
1
Tether USD USDT
$ 1.00
$ 8.64M
$ 8.64 million Trade
2
XRP XRP
$ 2.25
$ 2.72M
$ 2.72 million Trade
3
Bitcoin BTC
$ 107,555.68
$ 2.57M
$ 2.57 million Trade
4
Ethereum ETH
$ 2,495.68
$ 895,103
$ 895,103 Trade
5
Solana SOL
$ 155.72
$ 578,104
$ 578,104 Trade
All coins

New coin listings

Coins Price Added
Storychain IP
$ 3.07
2 months ago
2mo
Trade
SKY Governance Token SKY
$ 0.0732
2 months ago
2mo
Trade
Hippo Protocol HP
$ 0.0393
2 months ago
2mo
Trade
AVL AVL
$ 0.141
3 months ago
3mo
Trade
Syrup Token SYRUP
$ 0.565
3 months ago
3mo
Trade
All new coins

Markets

Markets Price 24h volume
USDT / KRW Korbit
$ 1.00
$ 8.64M
$ 8.64 million Trade
XRP / KRW Korbit
$ 2.25
$ 2.72M
$ 2.72 million Trade
BTC / KRW Korbit
$ 107,555.68
$ 2.57M
$ 2.57 million Trade
ETH / KRW Korbit
$ 2,495.68
$ 895,103
$ 895,103 Trade
SOL / KRW Korbit
$ 155.72
$ 578,104
$ 578,104 Trade
All markets

About Korbit

Launched 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!