Upbit
South Korean cryptocurrency exchange.
Upbit is a leading South Korean exchange renowned for its robust infrastructure, extensive digital asset offerings, and strong presence in the Asian market.
The exchange supports a vast selection of cryptocurrencies, including major assets like Bitcoin (BTC), Ethereum (ETH), and stablecoins such as USDT, alongside hundreds of altcoins and region-specific tokens. Upbit stands out for its deep liquidity pools, particularly in Korean won (KRW)-denominated trading pairs, making it a go-to platform for traders in the region. Users can engage in spot trading, margin trading, and futures contracts.
A key feature of Upbit is its native utility token, UPX , which plays a central role in the platform’s ecosystem. Holding UPX grants users benefits such as reduced trading fees, exclusive access to platform features, and opportunities to earn rewards through staking or participation in governance decisions.
Upbit’s fee structure is competitive, with spot trading fees starting at 0.05% for makers and 0.05% for takers, while withdrawal fees vary based on blockchain network costs.
