Korbit

Korbit

Spot Trading Volume(24h)
$84,349,458.15
1,184 BTC
Total assets
$43,310,184.93

About Korbit

What Is Korbit?

Korbit is a South Korean exchange, one of the oldest and largest in the industry. The platform claims to provide its clients with beneficial terms of cooperation, competitive fees, access to popular cryptocurrency markets, secure asset management, and a trading API that supports automated trading.

The centralized exchange is convenient for both beginners and skilled users. However, for international traders, the experience can be challenging as the platform is aimed at local players in the South Korean crypto market. It also grants access to ETH 2.0 staking and a NFT marketplace. Another feature is Korbit's virtual asset reward service aka Korbit piggy bank.

Korbit allows customers to use the local currency, Korean Won (KRW), for crypto transactions. The exchange provides a low entry threshold, a set of basic tools and functions for technical analysis, and a well-established trading terminal in the browser. The site has an optimized and comfortable interface.

Throughout its existence, the platform has reportedly never been hacked. It has a modern and advanced security system, and logins/withdrawals/deposits are protected by 2-factor authentication.

Who Are the Korbit Founders?

Korbit was created by Tony Lyu, Kangmo Kim, and Louis Jinhwa Kim in 2013.

Tony Lyu is the co-founder and former CEO of the company. He also co-founded the TIDE Institute and Upstart. Lyu graduated from the University of London where he studied Financial Economics. He worked at the Korea International Cooperation Agency as an International Cooperation Agent and at the United Nations Office for Outer Space Affairs as an Associate Expert. After leaving Korbit, Lyu joined SoftBank as a Venture Partner.

Oh Se-jin is Korbit's current CEO.

When Did Korbit Launch?

The company was established back in July 2013. In 2017, it was acquired by Korean game developer Nexon.

Where Is Korbit Located?

Korbit is headquartered in Gangnam-gu, a district in Seoul, South Korea.

Korbit Restricted Countries

The exchange is available only to South Korean residents since the interface language is Korean, and the main fiat currency is KRW. In 2022, Korbit and several other Korean exchanges blocked Russian IP addresses.

What Coins Are Supported on Korbit?

Initially, Korbit's activity was limited to BTC/KRW trading, but over time, the project expanded the asset base. Currently, the platform provides access to various cryptos, among them: BTC, ETH, XRP, XLM, BCH, BNB, EOS, LTC, LINK, FIL, SOL, SAND, MANA, USDC, ADA, DOGE, DAI, DOT and many others. Digital assets are paired with KRW (the Korean Won).

How Much Are Korbit Fees?

Users can buy/sell cryptocurrencies with commissions below the market average. Trading fees depend on the trading volume for a period of 30 days. The higher the volume, the lower the commission. The maker fee is 0.08%, while the taker fee is 0.2% (in case the volume is less than 100 million KRW). If the monthly trading volume is more than 100 billion KRW, the maker fee is free, the taker fee is 0.01%. Deposits on the Korbit exchange are free. The platform charges a fee for withdrawing BTC, which is 0.0001 BTC.

Is It Possible To Use Leverage or Margin Trading on Korbit?

Margin trading is not available.

Read More
Financial reserves
Updated at 12:25:32 AM
Total: $43,310,184.93
Reported directly by the exchange
TokenBalancePriceValue
ETH
0xf0bc...914953
6,845.34$2,100.04$14,375,550.96
BCH
qz2sph...ld5xcj
12,555.65$463.29$5,816,931.2
ETC
0x4845...6Fd9b4
383,244.53$8.5$3,257,820.03
SHIB
0xf0bc...914953
434,327,154,029.4
$0.055955
$2,586,805.31
ETH
0xd6e0...55CA15
781.69$2,100.04$1,641,587.47
SHIB
0xe83a...532e87
202,200,473,065.02
$0.055955
$1,204,284.03
PEPE
0xf0bc...914953
301,144,207,878.84
$0.053405
$1,025,665.88
FET
0x3429...08b1be
5,430,000$0.175$950,512.22
CFG
0xf0bc...914953
6,133,206.13$0.1224$751,010.25
BTC
3GoBet...8mTQKK
9.5$71,023.26$674,721.02

Only wallets with >500,000 USD balance are shown
* Balances from these wallets may be delayed

Token Allocation

Disclaimer:
All information and data relating to the holdings in the third-party wallet addresses are based on public third party information. CoinMarketCap does not confirm or verify the accuracy or timeliness of such information and data.

CoinMarketCap shall have no responsibility or liability for this public third party information and data. CoinMarketCap shall have no duty to review, confirm, verify or otherwise perform any inquiry or investigation as to the completeness, accuracy, sufficiency, integrity, reliability or timeliness of any such information or data provided.

Markets

  • SpotSpot
  • PerpetualPerpetual
  • FuturesFutures

Pair

All

#

Currency

Pair

Price

+2% / -2% Depth

Volume

Volume %

Liquidity

1

USDC
$0.9799
$101,045/$77,393
$62,549,652
74.16%

423

2

Tether
$0.9806
$782,500/$930,370
$13,131,903
15.57%

535

3

Bitcoin
$69,511.71
$43,855/$45,718
$2,514,293
2.98%

443

4

XRP
$1.37
$55,604/$206,785
$2,383,990
2.83%

476

5

Ethereum
$2,051.33
$53,769/$66,210
$1,321,196
1.57%

424

6

CROSS
$0.07042
$1,916/$4,934
$1,096,527
1.30%

223

7

Solana
$86.71
$27,384/$34,651
$481,528
0.57%

385

8

Dogecoin
$0.09412
$33,603/$11,578
$234,518
0.28%

366

9

Sui
$0.9759
$1,370/$22,622
$90,831
0.11%

297

10

Worldcoin
$0.3545
$13,595/$14,073
$83,329
0.10%

346

11

Stellar
$0.1595
$2,363/$9,823
$62,670
0.07%

300

12

TRON
$0.2852
$9,161/$14,735
$57,245
0.07%

349

13

Shiba Inu
$0.05581
$16,670/$16,822
$55,620
0.07%

242

14

Chainlink
$9.01
$5,146/$23,228
$26,515
0.03%

270

15

Bitcoin Cash
$455.93
$3,758/$2,793
$25,909
0.03%

1

16

Pepe
$0.0534
$9,848/$1,671
$21,923
0.03%

174

17

Flow
$0.0491
--
$17,591
0.02%

1

18

Pudgy Penguins
$0.007436
$20,242/$21,644
$14,473
0.02%

288

19

Filecoin
$0.8605
$983/$3,460
$12,005
0.01%

223

20

Cardano
$0.2611
$3,181/$2,523
$11,182
0.01%

211

21

Bittensor
$236.91
$129/$1,189
$10,989
0.01%

1

22

Moca Network
$0.01459
$3,266/$2,956
$10,474
0.01%

100

23

Ethereum Name Service
$6.08
$1,950/$505
$9,107
0.01%

87

24

PAX Gold
$4,959.78
$10,390/$40,714
$8,885
0.01%

346

25

Songbird
$0.001537
$2,243/--
$7,815
<0.01%

1

26

Ondo
$0.2588
$830/$958
$7,074
<0.01%

196

27

Kaia
$0.05302
$1,807/$2,141
$6,941
<0.01%

1

28

Ethereum Classic
$8.33
$389/$2,698
$6,053
<0.01%

165

29

Internet Computer
$2.62
$526/$1,058
$5,873
<0.01%

37

30

Pixels
$0.01388
--
$5,685
<0.01%

1

31

Avalanche
$9.60
$336/$112
$5,381
<0.01%

74

32

Virtuals Protocol
$0.7663
--/$321
$4,670
<0.01%

11

33

Gitcoin
$0.09726
--
$4,397
<0.01%

1

34

MARBLEX
$0.04003
--
$4,156
<0.01%

1

35

Arweave
$1.84
--/$2,646
$3,942
<0.01%

86

36

NEAR Protocol
$1.33
$5,167/$1,473
$3,935
<0.01%

181

37

Artificial Superintelligence Alliance
$0.1753
$169/$707
$3,614
<0.01%

1

38

Polkadot
$1.45
--/$949
$3,382
<0.01%

1

39

Ethena
$0.1075
$1,945/$1,355
$2,895
<0.01%

73

40

Hedera
$0.09446
$211/$278
$2,306
<0.01%

105

41

House Party Protocol
$0.02581
$970/$288
$1,982
<0.01%

1

42

Qtum
$0.8751
$202/$144
$1,941
<0.01%

18

43

Across Protocol
$0.0494
--
$1,834
<0.01%

1

44

Bonk
$0.05627
$111/$2,767
$1,727
<0.01%

116

45

Stacks
$0.2631
$2,175/$587
$1,586
<0.01%

1

46

XOCIETY
$0.0003382
--
$1,570
<0.01%

1

47

Algorand
$0.09072
$300/--
$1,453
<0.01%

143

48

Paycoin
$0.05063
$1,009/$579
$1,435
<0.01%

31

49

Vaulta
$0.08057
$577/$1,171
$1,405
<0.01%

18

50

Aave
$110.81
$2,230/$12,440
$1,386
<0.01%

113

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