Large trading volumes. The exchange has a high level of liquidity for traded pairs. Competitive commissions. Upbit does not charge a fee for the replenishment of the trading account, and the Commission for the withdrawal is minimal. At the same time, the exchange receives 0.05% for transactions, which is the average for the market. Bank transfers in Korea are possible. Upbit offers to replenish trading accounts in Korean won. A large number of currency pairs are available on the exchange. More than 200 instruments are presented here. All this became possible thanks to cooperation with Bittrex.
Despite the fact that the exchange was launched only in 2017, it has already become the leading one in terms of volumes in the country and bypasses its famous competitors. However, for traders from the CIS or Europe, for example, such information does not say anything, since there are practically no opportunities to work with the platform. Its developers have focused initially on users of cocoa, messenger, which is popular in South Korea. Therefore, for users from Europe, it is better to pay attention to the Hong Kong stock exchange, for example, or local European sites.