Upbit

Exchange #21
$ 1.61B
Volume

Coin listings

All coin listings
# Coins Price 24h volume
1
Pudgy Penguins PENGU
$ 0.0311
$ 298.45M
$ 298.45 million Trade
2
Strike STRK
$ 7.19
$ 156.17M
$ 156.17 million Trade
3
Tether USD USDT
$ 0.988
$ 97.73M
$ 97.73 million Trade
4
Bonk BONK
$ 0.0000282
$ 87.93M
$ 87.93 million Trade
5
Solana SOL
$ 158.45
$ 79.68M
$ 79.68 million Trade
All coins

New coin listings

Coins Price Added
Ethena ENA
$ 0.338
5 days ago
5d
Trade
Moo Deng MOODENG
$ 0.186
2 weeks ago
2w
Trade
Sahara AI SAHARA
$ 0.0709
3 weeks ago
3w
Trade
Newton NEWT
$ 0.310
4 weeks ago
4w
Trade
Haedal Protocol HAEDAL
$ 0.206
5 weeks ago
5w
Trade
All new coins

Markets

Markets Price 24h volume
PENGU / KRW Upbit
$ 0.0311
$ 298.44M
$ 298.44 million Trade
STRK / KRW Upbit
$ 7.19
$ 156.17M
$ 156.17 million Trade
USDT / KRW Upbit
$ 0.988
$ 97.03M
$ 97.03 million Trade
BONK / KRW Upbit
$ 0.0000282
$ 87.92M
$ 87.92 million Trade
SOL / KRW Upbit
$ 158.44
$ 79.64M
$ 79.64 million Trade
All markets

About Upbit

Upbit is South Korea’s largest cryptocurrency trading platform. Launched in October 2017 by fintech firm Dunamu (with early order-book support from Bittrex), it now operates licensed exchanges in Korea, Singapore, Thailand, and Indonesia. Upbit regularly ranks among the global top-five for spot volume, processing US $2 – 4 billion in daily trades and serving 8 + million verified users.

Key Features

  • KRW on-ramps — seamless Korean-won deposits/withdrawals via real-name accounts at K-Bank; also supports SGD, THB, and IDR on its regional platforms.
  • Robust coin list — 200 + cryptocurrencies and 300 + trading pairs (KRW, BTC, USDT markets).
  • Low trading fees — flat 0.05 % maker/taker on the Korean platform; similar tiers regionally.
  • Strict compliance — fully licensed VASP in Korea, with ISMS & ISO 27001 certifications and Travel-Rule implementation (CODE/TRUSTChain).
  • Enterprise-grade security — > 95 % cold storage, BitGo custodianship, multi-sig wallets, and address whitelisting.
  • Mobile-first experience — top-ranked Android/iOS apps with market alerts and biometric login.
  • Upbit Safe — on-chain risk-scoring that flags suspicious deposit addresses before funds are sent.
  • Ecosystem outreach — annual Upbit Developer Conference (UDC) and Upbit APAC expansions for regional liquidity.

Points to Consider

  • Spot-only trading — no margin, futures, or options on the Korean exchange due to local regulations.
  • 2019 security breach — hot-wallet hack lost 342 k ETH (~ US $50 m); all user funds were reimbursed.
  • Domestic focus — full service (KRW pairs, fiat rails) limited to Korean residents with local ID and K-Bank account; foreigners face restricted access.
  • Regulatory tightrope — South-Korean rules ban privacy coins, enforce real-name accounts, and require 24-hour withdrawal cooldowns for new deposits.
  • Limited customer support channels — primarily Korean-language help desk; slower response times reported during high-traffic periods.
  • Withdrawal fees — flat crypto-withdrawal fees can be high on low-value tokens; fiat withdrawals incur a small KRW charge.
  • Regional differences — Upbit Singapore, Thailand, and Indonesia run separate order books, so liquidity depth varies outside Korea.

Bottom Line

Upbit is the go-to exchange for Korean-won traders—highly regulated, liquid, and security-focused. Its spot-only lineup, strict KYC, and Korea-centric banking rails limit appeal for leverage seekers or users without local accounts, but for compliant KRW trading and reliable custody, Upbit remains a premier choice in the Asia-Pacific market.