Upbit
Upbit
71,6% market share Korea; fee 0,05% flat; ISMS certified; K-Bank real-name. only Korea/KRW; no derivatives; barrier to entry high. only Korea of the Sud; KRW only; no derivatives for legge coreana
Data & conditions
| Maker / Taker fee | 0.25% / 0.25% |
|---|---|
| Markets | Spot |
| Supported assets | 250+ |
| Fiat on-ramp | Yes |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | APAC · 1+ countries |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | VASP Korea FSC Corea del Sud; ISMS |
Strengths
- 71,6% market share Korea; fee 0,05% flat; ISMS certified; K-Bank real-name.
Weaknesses
- Only Korea/KRW; no derivatives; barrier to entry high.
Verdict
71,6% market share Korea; fee 0,05% flat; ISMS certified; K-Bank real-name. only Korea/KRW; no derivatives; barrier to entry high. only Korea of the Sud; KRW only; no derivatives for legge coreana
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
FAQ
What are Upbit's fees?
On Upbit, spot fees are maker 0.25% / taker 0.25%. They drop with monthly volume and VIP tier.
Is Upbit regulated in Europe?
Regulatory status of Upbit: FSC Corea del Sud; ISMS. Licence: VASP Korea (KR).
Does Upbit publish Proof of Reserves?
Proof of Reserves publication is not documented for Upbit. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.
Can I send transfers to third-party IBANs from Upbit?
No, Upbit is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.
Does Upbit support derivatives and futures?
Upbit does not offer derivatives: it focuses on spot trading.
Sources
- Official service page Data verified on Jun 1, 2026
- Verified source Data verified on Jun 13, 2026
Update history
- Entry rebuilt from the v2 canonical dataset (manually verified record).