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Lokoja
4 Level
215 Review
1593.5 Karma

Review on Korbit by larei bello

Revainrating 3 out of 5

Korbit exchange doesnt really offer much to Foreign traders.....

Korbit Exchange has been in existence since 2014, making it one of the oldest exchange globally. Trading with Korbit wasn't really much of a pleasant experience. This exchange allows for trading of cryptocurrencies like Ethereum and Bitcoin. The exchange is only accessible through the website which is made possible through a good browser or a desktop with stable internet connection. The exchange has a nice and easy to use interface, the web design is user friendly. Registration was easy and simplified, even easy for a new user like me. After registering, I had to make some deposit. This was done through my credit card. The two factor authentication makes it hard for funds to be stolen, I enabled it on my account and I can say it is working as expected. The downside to this exchange was the language barrier, Korbit comes in English and Korean, but the English version which I expected to be fully translated, still contained much of Korean in it. The customer support group doesn't give accurate responses to users request. Hence I won't recommend this exchange for any non-korean since it looks like a waste of

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Pros
  • It is a very large cryptocurrency exchange platform
  • It accepts credit cards as a form of deposit
  • The fees are moderately charged.
  • It has 2 factor authentication feature
  • It comes in English language as well as Korean
Cons
  • The English version of the web isn't fully translated
  • It is operating at a local level
  • It has a very bad support team

Comments (1)

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December 20, 2020
I'll like to update my review on Korbit This exchange now has a very efficient customer support service, I guess their initial setback was due to the influx of new users, who had too many complaints, I'm giving Korbit 4 stars

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