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Review on Korbit by Natasha Williams

Revainrating 3 out of 5

The exchange is absolutely for the Korean traders

Korbit is a Korean digital brokerage that deals in the virtual transaction of about 25 Crypto currency like Bitcoin, Ethereum, Ripple, OX protocol and many more. It's a super competitive exchange for every crypto currency trader worldwide due to it's unique and great features that brings ease and comfort. It's one of the exchange with the cheapest trade fee it takes 0.2% as a taker fee and 0.08% as it's maker fee, the withdrawal fee is also around 0.0001 for Bitcoin withdrawal and many other coins have a low withdrawal fee. As Korean traders it's very easy transferring your virtual asset directly to your bank account, cause the exchange is highly compatible with traders bank account and they can also make deposits to their exchange account through it. The major set back about the exchange is that it was created for only the Koreans, I'm saying this based on the feature and information disclosed on the exchange, the first obvious fact is that the exchange comes in Korean and when I used Google translator I found out that most of the information and data given were only focused on the Korean digital currency traders and for that reason non Korean traders like me can't use the exchange. 

Pros
  • It facilitate easy transfer to traders bank account
  • It supports fiat and crypto
Cons
  • It only for Korean traders
  • The exchange comes only in Korean language

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