Korbit

Korbit

Trading Volume(24h)

$24,938,216.41

388 BTC

Total assets

$488,410,385.41

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 12:08:14 AM
Total: $488,410,385.41
Reported directly by the exchange
TokenBalancePriceValue
BTC
1JtAup...2Ga1je
6,285.23$64,314.78$404,233,158.72
ETH
0xd03b...0a7ea7
8,044.23$3,330.57$26,791,890.70
ETH
0xf0bc...914953
2,909.04$3,330.57$9,688,768.44
FET
0xf0bc...914953
3,023,278.58$2.3226$7,021,789.47
SHIB
0x8550...28aE86
171,400,000,000$0.00002527$4,331,094.29
WLD
0x2236...996e41
545,513.38$7.9228$4,321,971.03
WCFG
0xf0bc...914953
4,289,577.69$0.5848$2,508,588.27
SHIB
0xe83a...532e87
92,200,472,961.78$0.00002527$2,329,807.13
SHIB
0xd6e0...55CA15
71,960,500,000$0.00002527$1,818,364.71
PEPE
0xf0bc...914953
218,341,787,544.7$0.000006218$1,357,609.45

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

Pair

All

#

Currency

Pair

Price

+2% Depth

-2% Depth

Volume

Volume %

Updated

1

XRP

$0.6583

$80,462.83$116,075.24

$6,389,978

25.62%

Recently

2

Bitcoin

$71,141.67

$122,911.69$77,213.10

$6,373,468

25.56%

Recently

3

Ethereum

$3,686.47

$104,104.11$162,979.54

$3,002,528

12.04%

Recently

4

WEMIX

$2.9005

$9,665.61$12,153.88

$2,092,820

8.39%

Recently

5

Solana

$204.51

$28,228.75$42,958.65

$1,340,467

5.38%

Recently

6

Worldcoin

$8.7851

$1,803.06$11,294.03

$627,554

2.52%

Recently

7

Dogecoin

$0.1455

$18,973.27$28,853.36

$601,457

2.41%

Recently

8

Creditcoin

$0.7875

$5,374.86$2,351.13

$591,007

2.37%

Recently

9

Shiba Inu

$0.00002806

$11,717.50$25,129.49

$420,622

1.69%

Recently

10

Pepe

$0.00000687

$41,062.02$6,177.67

$335,940

1.35%

Recently

11

NEAR Protocol

$7.4715

$998.99$3,791.58

$270,128

1.08%

Recently

12

XPLA

$0.3159

-$1,168.19

$239,759

0.96%

Recently

13

Ethereum Classic

$31.86

$13,123.45$22,090.05

$210,675

0.84%

Recently

14

Avalanche

$65.50

$1,430.71-

$184,611

0.74%

Recently

15

Centrifuge

$0.653

-$3,315.85

$155,223

0.62%

Recently

16

Filecoin

$9.2255

$14,562.55$12,580.42

$154,685

0.62%

Recently

17

Sui

$1.6906

$7,066.44$7,725.35

$126,442

0.51%

Recently

18

Bitcoin Cash

$410.15

$9,158.75$20,057.64

$122,672

0.49%

Recently

19

TRON

$0.1341

$2,618.29$8,492.46

$114,620

0.46%

Recently

20

The Graph

$0.4205

$1,592.64$1,489.07

$102,480

0.41%

Recently

21

Cardano

$0.6816

$2,674.59$9,145.75

$102,197

0.41%

Recently

22

Sei

$0.8875

$1,084.62$1,994.82

$95,884

0.38%

Recently

23

Klaytn

$0.2622

$2,074.82$3,418.76

$90,520

0.36%

Recently

24

Maple

$17.42

-$646.54

$78,855

0.32%

Recently

25

Polkadot

$10.03

$8,044.69$1,612.36

$56,741

0.23%

Recently

26

Starknet

$2.0339

--

$50,639

0.20%

Recently

27

CyberConnect

$13.50

$1,030.43$3,484.82

$48,436

0.19%

Recently

28

Aptos

$16.27

$4,218.74$3,624.03

$44,972

0.18%

Recently

29

Polygon

$1.0494

$2,304.13$3,341.33

$43,271

0.17%

Recently

30

The Sandbox

$0.6266

$3,996.84$3,029.99

$33,530

0.13%

Recently

31

USDC

$1.0972

$29,092.02$19,258.39

$30,131

0.12%

Recently

32

Zilliqa

$0.03186

--

$29,905

0.12%

Recently

33

Songbird

$0.0127

$879.16$871.82

$29,137

0.12%

Recently

34

Arbitrum

$1.6869

$523.77$3,346.73

$28,780

0.12%

Recently

35

Internet Computer

$12.60

--

$28,022

0.11%

Recently

36

Chainlink

$19.08

-$4,572.94

$27,575

0.11%

Recently

37

Fetch.ai

$2.5967

-$1,118.57

$25,823

0.10%

Recently

38

Stacks

$2.9065

-$1,496.18

$24,612

0.10%

Recently

39

Qtum

$4.4075

$6,827.41$4,181.29

$23,091

0.09%

Recently

40

BitTorrent (New)

$0.00000149

--

$21,566

0.09%

Recently

41

Optimism

$3.4685

$997.64$2,254.72

$21,237

0.09%

Recently

42

BNB

$572.86

$2,403.92$2,861.86

$21,101

0.08%

Recently

43

Stellar

$0.1385

$623.90$4,459.38

$21,019

0.08%

Recently

44

eCash

$0.0000509

$331.29$148.40

$18,921

0.08%

Recently

45

Flow

$1.3480

$972.58$2,497.49

$18,827

0.08%

Recently

46

Bitcoin SV

$83.37

$762.80$1,004.32

$17,588

0.07%

Recently

47

Celestia

$13.53

--

$16,767

0.07%

Recently

48

Hedera

$0.1133

$1,035.16$3,063.71

$16,452

0.07%

Recently

49

ApeCoin

$2.0153

--

$15,646

0.06%

Recently

50

Mina

$1.2651

$2,105.15$3,309.07

$14,853

0.06%

Recently

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