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Centralized Exchange
Launched Oct 24, 2017
Volume (24h)
$1,450,008,524
85,270 BTC 27.03%
Cryptocurrencies
174
Markets
268
Upbit
Centralized Exchange
Volume: $1,450,008,524 Upbit

It is a quantitative metric calculating how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange. It's a direct supply & demand indicator of the exchange.

Learn this metric

It is a quantitative metric calculating how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange. It's a direct supply & demand indicator of the exchange.

Learn this metric

The total number of different crypto pairs that's available to be traded on this specific exchange.

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The total number of different crypto pairs that's available to be traded on this specific exchange.

Learn this metric

The total number of coins/tokens available to be traded on this specific exchange.

Learn this metric

The total number of coins/tokens available to be traded on this specific exchange.

Learn this metric

It is a quantitative metric in percentage describing how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange, compared to the previous 24 hours.

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Exchange Volume in BTC

The current exchange Volume Dominance among all other exchanges in the market.

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Exchange Market Rank

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Current volume of Upbit is $1,450,008,524

Upbit Social Signals & Traffic Tracker
Upbit twitter
Twitter Stats
@upbitglobal

Followers

24,393

0.04%

Following

53

0.00%

Tweet count

297

0.00%

Joined at Jan 14, 2019
Upbit reddit
Reddit Stats

Currently, official Upbit Reddit account doesn’t exist or wasn’t submitted. 🔆

Upbit telegram
Telegram Stats

Currently, official Upbit Telegram account doesn’t exist or wasn’t submitted. 🔆

Upbit traffic
Website Traffic
upbit.com

Website Rating (DR)

74 / 100

0.00%

Ahrefs Rank

44,852

0.52%

Organic Traffic (mo.)

428,323

12.52%

Upbit github
GitHub Organization

Currently, official Upbit GitHub Organization account doesn’t exist or wasn’t submitted. 🔆

Upbit github
GitHub Public Repository

Currently, official Upbit GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆

Project's main Github metrics, like how many public repositories it has, the type of the account (organization or personal), and when was the GitHub account created. Stats are updated weekly.

Project's main GitHub public repository metrics, like the number of stars, watchers, forks, and the programming language used. Stats are updated weekly. If the project doesn't have a public repository, and only a private one, its metrics will not appear here.

Project's main Telegram metrics, like channel title & member count. The graph shows the dynamics of these metrics throughout recent months. Stats are updated weekly.

Project's main Twitter metrics, like Follower count, how many accounts they are following, and how many Tweets the account has posted to date. The graph shows the dynamics of these metrics throughout recent months. Stats are updated weekly. Below, you can see the Project's Twitter feed.

Project's main Reddit metrics, like Subreddit subscriber count, community type (public, restricted, private, premium-only), and the number of Subreddit moderators. The graph shows the dynamics of these metrics throughout recent months. Stats are updated weekly. Below, you can also find Project Subreddit's most trending topics, updated daily.

Project's main Website traffic metrics, like Website Domain Authority, Ahrefs rank, and monthly Organic Traffic. The graph shows the dynamics of these metrics throughout recent months. Stats are updated monthly.

Upbit Statistics

Upbit Volume
$1,450,008,523.92
Volume in BTC
85,270 BTC
Volume Change 24h
$391,937,304.01
27.03%
Cryptocurrencies
174
Markets
268
Market Dominance
3.11%
Market Rank
#30

Upbit Exchange Overview

Upbit is a Centralized exchange that ranks #30 on BitDegree Exchange Tracker. Upbit has a trading volume of $1,450,008,524 in the last 24 hours and $61,017,307,472 in the last 7 days.

Upbit currently has 174 cryptocurrencies, 1 fiat currencies and 268 markets (cryptocurrency trading pairs). The most popular trading pair on Upbit is WEMIX/KRW.

Read the full expert review of Upbit reported here: Upbit Review.

Compare Upbit side-by-side with other exchanges here: Exchange Comparison Tool.

Upbit is a centralized cryptocurrency exchange (CEX). Established in South Korea, it offers spot markets for individual and corporate traders. The platform is KYC-compliant and follows anti-money laundering (AML) regulations.

The Upbit cryptocurrency exchange services are available in 40 markets, including South Korea, Singapore, Indonesia, and Thailand. Some or all services may vary in different regions. The Upbit spot market is unavailable to US-based customers.

Markets

There are three key markets for the Upbit spot traders:

  • Fiat markets: supporting the purchases and sales of digital assets via fiat currencies like SGD and KRW;
  • Bitcoin (BTC) markets;
  • Tether (USDT) markets.

There are over 170 coins and tokens listed on the exchange. Some assets may not be available to traders in regions where local regulations apply. Overall, customers can access more than 280 Upbit trading pairs. The exchange supports crypto-crypto and fiat-crypto trading.

The minimum Upbit crypto price movements, or ticks, vary in the three markets. In BTC and USDT markets, the tick size remains the same regardless of the asset price and is set to 0.00000001 BTC and 0.001 USDT, respectively. The fiat tick size ranges are separated by the price of the digital asset used in the trade.

The Upbit exchange fees use a maker-taker model to calculate the rates. The minimum required order amount depends on the chosen market:

  • Fiat markets – 0.5 SGD
  • BTC markets – 0.0005 BTC
  • USDT markets – 0.0005 USDT

Customers' 30-day Upbit volume is not taken into account for fee calculations. You can place limit, stop-limit, or market orders. The Upbit crypto exchange may offer event discounts on the order rates. The fee data is calculated daily and adjusted to the Upbit crypto price as needed.

For limit and market orders, the maker/taker fees are 0.25% in all markets. However, the Upbit crypto price fees can be discounted to 0.2% in BTC and USDT markets. The fees on stop-limit orders are 0.2% for BTC and USDT markets and 0.25% for fiat markets.

The platform supports deposits and withdrawals of more than 40 fiat and crypto assets. There are no Upbit crypto fees on deposits. The withdrawal limit and fees are based on the customer's verification level, as well as the chosen digital currency. Lightning transfers between Upbit accounts are free.

About the Company

Upbit crypto exchange was founded in South Korea in October 2017 and is operated by its parent company Dunamu. Upbit's headquarters are in Seoul. Song Chi-Hyung is considered the company founder.

Within three months from its launch in January 2018, Upbit was considered the biggest cryptocurrency exchange in South Korea. It was reported that the 24-hour Upbit trade volume averaged at more than 4.9 trillion won, or roughly $4.7 billion.

In November 2018, the Upbit crypto exchange became the first such platform in the country to be approved by ​​South Korea's Internet and Security Agency (KISA). The key criteria were annual revenue and security infrastructure.

The company started its global expansion in 2018 by launching its operations in Singapore. In January 2019, the exchange entered the Indonesian market, and two years later, it became available in Thailand.

In September 2021, the Upbit cryptocurrency exchange was valued at $8.7 billion. The parent company Dunamu is considered one of the biggest tech unicorns in South Korea.

In 2022, following changes in the South Korean digital asset regulations, the Upbit crypto exchange published its token listing procedure. This details the steps that the platform takes to list and delist new assets on the Upbit spot market.

Song Chi-Hyung is the founder and Chairman of Upbit and Dunamu. He has a Bachelor's degree in Computer Science and Economics from Seoul National University. Until 2017, he acted as the CEO of Dunamu. Song was selected as one of Fortune's Ledger 40 Under 40 in 2018.

Lee Sirgoo is the CEO of Dunamu. He studied East Asian History at Seoul National University and later acquired his legal qualification at Lewis & Clark Law School. Lee previously worked as a legal advisor for IBM Korea and is the former CEO of companies like NHN USA and Kakao Corporation.

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