Upbit

Upbit

Trading Volume(24h)

$541,108,418.67

19,856 BTC

About Upbit

What Is Upbit?

Currently, Upbit is South Korea’s largest cryptocurrency exchange by trading volume. The platform allows customers to trade the South Korean Won (KRW) with a wide selection of cryptocurrencies and Bitcoin pairs. The company recorded exponential growth within three months of its launch, thanks to the help of its American partner, the cryptocurrency exchange Bittrex.

One unique feature of the exchange is the option to trade currencies via the Kakao Stock platform, which is built on Kakaotalk messenger. This makes it easy for Korean users to trade digital assets as simple as they use the messaging app.

At the peak of December 2017’s cryptocurrency frenzy, the average trading volume on the platform reached $4.5 billion a day, with a one-day record of $11 billion.

Who Are the Founders of Upbit?

Song Chi-Hyung is the CEO of Dunamu and the founder of Upbit. He is one of South Korea’s wealthiest men. Through his holding company Dunamu, Upbit was able to secure funding from internet giant Kakao Corp. and partnered with U.S.-based Bittrex in October 2017.

Song obtained his Bachelor’s degree in computer science and economics before landing his first tech job at an IT firm in the late 1990s.

When Did Upbit Launch?

The online trading platform launched on October 24, 2017.

Where Is Upbit Located?

The company has its headquarters in Seoul, South Korea. However, it began expanding into Southeast Asia in late 2018, starting with a branch in Singapore on October 30. Subsequent locations include Indonesia and Thailand.

Upbit Restricted Countries

The exchange is not available to customers residing in the U.S. Countries in the Active Sanctions Programs, as well as those in FAFT’s high-risk jurisdictions are not allowed to access its services.

What Coins Are Supported on Upbit?

There are currently over 170 coins and 288 trading pairs available on the exchange.

How Much Are Upbit Fees?

While the exchange does not charge any fees on deposits, withdrawal fees generally vary depending on the cryptocurrencies being withdrawn. Its trading fees are also in line with the 0.25% fee for both takers and makers by most South Korean exchanges.

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

As of October 2022, the platform had not supported margin trading.

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Markets

Pair

All

#

Currency

Pair

Price

+2% Depth

-2% Depth

Volume

Volume %

Liquidity

Updated

1

Bitcoin

$27,537.54

$4,298,484.40$3,433,655.15

$76,399,443

14.12%

606

Recently

2

Mask Network

$4.5034

$588,115.15$820,006.23

$69,847,385

12.91%

550

Recently

3

Neo

$10.73

$223,617.90$568,057.92

$39,925,698

7.38%

528

Recently

4

XRP

$0.4783

$4,589,374.54$5,427,114.87

$31,563,359

5.83%

609

Recently

5

The Sandbox

$0.5622

$973,439.10$378,856.27

$29,054,551

5.37%

513

Recently

6

Sui

$1.0503

$1,364,013.95$828,344.80

$28,864,540

5.33%

520

Recently

7

Kava

$1.1448

$511,932.53$968,128.69

$22,480,112

4.15%

497

Recently

8

ARPA

$0.07879

$31,035.03$28,826.86

$21,472,903

3.97%

355

Recently

9

Ethereum

$1,862.58

$2,027,308.08$2,198,677.10

$15,920,956

2.94%

613

Recently

10

Gas

$2.8524

$223,324.03$265,136.44

$12,812,542

2.37%

486

Recently

11

Solana

$20.75

$624,733.41$574,182.98

$11,473,559

2.12%

547

Recently

12

Dogecoin

$0.07322

$881,790.06$1,740,817.59

$11,083,685

2.05%

576

Recently

13

Arbitrum

$1.2014

$777,447.37$821,475.11

$10,909,715

2.02%

514

Recently

14

Aptos

$8.5082

$291,552.12$343,211.55

$9,522,340

1.76%

510

Recently

15

Axie Infinity

$7.1519

$438,960.55$253,331.12

$8,100,895

1.50%

523

Recently

16

Waves

$1.8135

$450,112.74$461,418.95

$7,764,181

1.43%

510

Recently

17

EOS

$0.9105

$454,971.10$426,487.96

$7,484,630

1.38%

473

Recently

18

Linear Finance

$0.0139

$59,750.80$479,174.08

$7,153,408

1.32%

397

Recently

19

Stacks

$0.6219

$502,458.60$537,853.59

$5,433,533

1.00%

528

Recently

20

TRON

$0.07783

$1,403,164.09$2,731,683.75

$5,373,394

0.99%

487

Recently

21

MiL.k

$0.3362

$218,900.97$370,922.20

$4,402,531

0.81%

465

Recently

22

Cardano

$0.3793

$586,189.27$291,860.40

$4,206,718

0.78%

491

Recently

23

Ethereum Classic

$18.48

$656,493.22$551,939.21

$3,918,232

0.72%

555

Recently

24

Decentraland

$0.4874

$335,820.20$255,610.22

$3,795,097

0.70%

497

Recently

25

Polygon

$0.9332

$471,834.55$709,765.11

$3,508,377

0.65%

475

Recently

26

Strike

$11.92

$156,060.17$343,946.21

$3,460,239

0.64%

507

Recently

27

Solar

$0.4058

$189,523.14$221,724.29

$3,336,312

0.62%

469

Recently

28

STEPN

$0.2713

$216,705.02$306,414.81

$3,184,467

0.59%

469

Recently

29

Algorand

$0.1526

$426,462.22$507,051.41

$3,132,070

0.58%

461

Recently

30

Ontology

$0.2335

$159,285.21$160,536.10

$2,948,500

0.54%

427

Recently

31

Powerledger

$0.1572

$104,554.76$239,823.10

$2,504,747

0.46%

380

Recently

32

VeChain

$0.0204

$209,688.61$153,520.58

$2,447,410

0.45%

441

Recently

33

Bitcoin SV

$33.25

$90,321.95$129,429.16

$2,401,711

0.44%

452

Recently

34

Flow

$0.7669

$274,009.44$474,085.94

$2,304,344

0.43%

445

Recently

35

Function X

$0.1633

$23,506.68$65,065.33

$2,276,944

0.42%

342

Recently

36

Metal DAO

$1.0730

$233,204.81$151,133.38

$2,171,065

0.40%

448

Recently

37

Qtum

$2.7429

$76,847.12$66,708.20

$1,876,393

0.35%

430

Recently

38

Avalanche

$14.67

$88,952.43$159,520.13

$1,700,519

0.31%

478

Recently

39

BitTorrent(New)

$0.0000006

$4,783,632.50$2,850,721.60

$1,671,568

0.31%

1

Recently

40

Shiba Inu

$0.00000884

$393,207.60$406,187.09

$1,620,812

0.30%

405

Recently

41

ICON

$0.2486

$123,400.31$160,697.31

$1,494,933

0.28%

430

Recently

42

Polymesh

$0.1489

$200,963.46$339,697.92

$1,405,421

0.26%

435

Recently

43

Cosmos

$10.71

$181,337.73$176,385.66

$1,332,153

0.25%

500

Recently

44

Humanscape

$0.09521

$227,092.34$341,077.89

$1,304,043

0.24%

375

Recently

45

Zilliqa

$0.02365

$94,914.76$252,021.77

$1,285,679

0.24%

449

Recently

46

NEAR Protocol

$1.6661

$150,442.90$76,082.30

$1,212,800

0.22%

438

Recently

47

Chiliz

$0.1028

$545,768.05$1,018,903.99

$1,134,038

0.21%

426

Recently

48

Carry

$0.00365

$79,226.02$80,368.27

$1,067,130

0.20%

414

Recently

49

Threshold

$0.02622

$132,951.26$160,641.57

$1,065,533

0.20%

427

Recently

50

Bitcoin Cash

$115.34

$215,565.94$326,035.40

$1,010,733

0.19%

489

Recently

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