Korbit

Korbit

Trading Volume(24h)

$1,850,543.69

69 BTC

Total assets

$290,980,427.51

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 5:07:50 PM
Total: $290,980,427.51
Reported directly by the exchange
TokenBalancePriceValue
BTC
1JtAup...2Ga1je
6,135.23$26,770.48$164,243,064.64
ETH
0xd03b...0a7ea7
54,044.06$1,858.88$100,461,236.74
ETH
0xf0bc...914953
6,281.57$1,858.88$11,676,663.28
TRX
TStcoJ...SWSo64
11,509,728.6$0.07476$860,522.79
SHIB
0xe83a...532e87
92,200,472,961.78$0.000008471$781,034.13
TRX
TBBZ9D...GVx5a7
10,203,956.15$0.07476$762,896.95
ETH
0x2864...cC7532
375.84$1,858.88$698,640.17
TRX
TWoxLp...w19vN9
8,715,397.21$0.07476$651,605.10
FET
0xf0bc...914953
2,432,679.57$0.2629$639,485.42
SHIB
0xf0bc...914953
65,271,031,823.2$0.000008471$552,913.69

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 %

Liquidity

Updated

1

Bitcoin

$27,278.41

$159,249.40$351,801.45

$669,155

36.16%

562

Recently

2

XRP

$0.5156

$58,814.74$178,395.57

$539,365

29.15%

469

Recently

3

Ethereum

$1,895.13

$44,369.95$169,262.67

$146,144

7.90%

409

Recently

4

Dogecoin

$0.07285

$17,009.54$27,988.31

$51,706

2.79%

420

Recently

5

TRON

$0.07611

$7,446.97$20,635.35

$50,664

2.74%

417

Recently

6

Songbird

$0.007105

$640.58$8,358.53

$41,177

2.23%

175

Recently

7

Sui

$0.9607

$6,006.42$11,233.72

$36,517

1.97%

331

Recently

8

Filecoin

$4.7568

$12,263.24$15,827.59

$28,385

1.53%

371

Recently

9

The Graph

$0.1314

$1,000.41$1,370.34

$22,109

1.19%

128

Recently

10

Rally

$0.01092

$4,202.96-

$16,028

0.87%

53

Recently

11

Ethereum Classic

$18.14

$18,281.54$52,491.44

$15,789

0.85%

449

Recently

12

Algorand

$0.1504

$6,036.97$2,268.66

$15,066

0.81%

203

Recently

13

The Sandbox

$0.5631

$3,126.37$4,484.66

$13,873

0.75%

308

Recently

14

Zilliqa

$0.02318

$713.58$1,613.19

$13,560

0.73%

193

Recently

15

Solana

$20.85

$8,138.02$11,215.08

$13,529

0.73%

367

Recently

16

XPLA

$0.3728

$2,397.70$4,886.20

$11,787

0.64%

273

Recently

17

Klaytn

$0.1868

$4,010.14$7,915.56

$11,774

0.64%

349

Recently

18

Optimism

$1.4187

$4,635.37$4,900.56

$11,014

0.60%

323

Recently

19

Cardano

$0.3716

$8,486.14$19,063.68

$8,999

0.49%

392

Recently

20

MediBloc

$0.01288

$874.79$18,065.27

$8,266

0.45%

305

Recently

21

Bitcoin Cash

$115.23

$6,332.84$11,636.63

$7,382

0.40%

345

Recently

22

EOS

$0.9027

$4,511.30$30,860.21

$7,290

0.39%

376

Recently

23

Aptos

$8.5902

$3,500.63$4,411.80

$7,076

0.38%

306

Recently

24

USD Coin

$1.0153

$20,305.02$15,058.61

$6,352

0.34%

362

Recently

25

Chiliz

$0.1024

$5,438.46$1,169.24

$6,316

0.34%

230

Recently

26

BitTorrent(New)

$0.00000061

$163.13$6,598.32

$5,446

0.29%

140

Recently

27

Stellar

$0.0927

$942.41$6,065.79

$4,872

0.26%

226

Recently

28

Flow

$0.7259

$1,326.52$1,514.94

$4,658

0.25%

201

Recently

29

VeChain

$0.02032

$5,234.99$2,185.17

$4,528

0.24%

206

Recently

30

Olympus v2

$10.95

$155.77-

$3,809

0.21%

12

Recently

31

Chainlink

$6.4845

$1,335.79$1,150.48

$3,347

0.18%

187

Recently

32

Pocket Network

$0.03013

$157.87-

$2,817

0.15%

40

Recently

33

Decentraland

$0.4846

$1,566.91$1,766.60

$2,789

0.15%

240

Recently

34

Avalanche

$14.28

$1,113.00$1,053.91

$2,742

0.15%

182

Recently

35

Injective

$7.4055

$4,063.87$1,020.56

$2,567

0.14%

184

Recently

36

Cosmos

$10.48

$2,827.50$4,281.51

$2,563

0.14%

317

Recently

37

Mina

$0.5434

$2,697.78$1,508.78

$2,522

0.14%

287

Recently

38

Stacks

$0.6086

$1,686.66$2,230.21

$2,387

0.13%

274

Recently

39

eCash

$0.00002481

$698.57$1,506.17

$2,385

0.13%

186

Recently

40

Galxe

$1.3247

$5,934.78$1,729.67

$2,059

0.11%

185

Recently

41

Shiba Inu

$0.00000875

$3,165.58$4,031.99

$2,056

0.11%

214

Recently

42

Ethereum Name Service

$14.04

-$2,509.90

$2,005

0.11%

148

Recently

43

Aergo

$0.1136

$2,367.66$3,198.54

$1,951

0.11%

200

Recently

44

Illuvium

$55.22

--

$1,880

0.10%

126

Recently

45

Tezos

$0.9042

$1,848.08$1,990.56

$1,858

0.10%

216

Recently

46

Arbitrum

$1.1582

$711.21$3,382.42

$1,660

0.09%

130

Recently

47

Oasis Network

$0.05276

$999.93$2,400.13

$1,602

0.09%

134

Recently

48

Hedera

$0.05172

$847.15$1,399.23

$1,578

0.09%

185

Recently

49

KLAYswap Protocol

$0.6454

$103.81$1,206.56

$1,515

0.08%

37

Recently

50

1inch Network

$0.3752

-$1,039.40

$1,506

0.08%

144

Recently

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