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Review on Upbit by Rudi gunawan

Revainrating 4 out of 5

Upbit one of the exchangers from South Korea...

Upbit, one of the exchangers originating from South Korea, was established in 2017 and has branches in Indonesia and Singapore. More than 150 cryptocurrency assets are traded in this large market. Upbit exchange can be accessed via the website or through mobile applications that support the Android platform or ios, for the cost of trading on the upbit exchange is quite cheap and also supports direct exchange into local currencies so that it can make withdrawals directly to a bank account. As for what I think is quite interesting there is a lightning transfer feature where upbit users can transfer crypto assets quickly and without cost between competitors among Upbit users. The bad news from upbit some time ago was that the website was hacked by hackers, which made the users might be quite worried about the security of this upbit, but the upbit had clarified and said all upbit user assets would be safe.
Maybe that's all for a review of the upbit exchange that I can share, in the future I hope that upbit can provide better services for its users and can further tighten its security.



Pros
  • Support lightning transfer where upbit users can transfer assets crypto quickly without cost between upbit users
  • Design of the upbit exchange so user friendly
  • Always update about new listing coin and new event
Cons
  • Often doing maintenance sometimes becomes an obstacle when trading or deposit and withdrawl processes

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