Upbit
South Korea's largest cryptocurrency exchange platform
Platform Overview
Upbit is a South Korean cryptocurrency exchange founded in 2017 by Dunamu Inc. It is the largest crypto exchange in South Korea by trading volume, focusing on KRW-denominated spot trading.
Company Information
- Registered Company Name
- Dunamu Inc.
- Brand Name
- Upbit
- Headquarters
- South Korea
- Year Established
- 2017
Transparency Signals
This score is based on currently available transparency, complaint, reputation and research signals, and may evolve as more data becomes available.
Multi-jurisdictional regulatory compliance
Platform operates under offshore regulatory framework
- Platform operates under offshore regulatory framework with limited investor protection
Platform operates under offshore regulatory framework with limited investor protection
Trust Dimension Breakdown
Measures the completeness and verifiability of platform disclosures including regulatory filings, operational transparency, and transparency improvement efforts.
Evaluates regulatory standing, jurisdictional oversight quality, institutional engagement, and regulatory tier classification.
Assesses fund safety mechanisms, complaint history, complaint resolution track record, and customer service quality.
Reflects market standing, research commentary, expert-assessed execution quality, and liquidity reliability.
Evaluates platform uptime, technical reliability, customer service responsiveness, and operational transparency.
Measures industry contribution through education initiatives, research collaboration, ESG programs, and investor awareness efforts.
Regulatory Intelligence
Brand Name
Regulatory information displayed here is compiled from public registries, third-party sources, and platform self-declarations. IFCCI does not guarantee the completeness or accuracy of this information. Always verify directly with the relevant regulatory authority.
Regional Market Signals
Malaysia Market
Asia Pacific
Global Market
Regulatory Licenses
Internal Transparency
Transparency profile visualization
Trading Conditions
| Instrument | Spread |
|---|---|
| EUR/USD | N/A |
| GBP/USD | N/A |
| USD/JPY | N/A |
| XAU/USD | N/A |
- Commission
- 0.05% per trade (spot); volume discounts available
- Inactivity Fee
- None
- Deposit Fees
- Free (KRW bank transfer); free (crypto)
- Withdrawal Fees
- KRW: ₩1,000; crypto: network fees
- Withdrawal Processing Time
- 1 business day (fiat); instant (crypto)
Platform Infrastructure
Safety & Protection
Operational Details
- Supported Languages
- Korean, English, Japanese, Indonesian, Thai
- Support Channels
- EmailLive ChatPhone
- Payment Methods
- Bank Transfer (KRW)Crypto
Community Snapshot
Submit a Complaint
Platform Comparison
| Regulatory Tier | Offshore | Tier 1 |
| Transparency Signals | 2.0/10 | 9.5/10 |
| Minimum Deposit | ₩5,000 (~$3.80) | $0 |
| Maximum Leverage | N/A (spot only) | Up to 1:125 |
| Spread Type | Commission-based (0.05% per trade) | Order Book |
| Execution Model | — | DMA |
| Year Established | 2017 | 2017 |
| Trading Products | 1 | 3 |
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Information presented is compiled from publicly available regulatory sources and user submissions. IFCCI does not make recommendations or endorsements. Users should conduct independent due diligence.
Legal Disclaimer
The IFCCI Transparency Programme is an independent research initiative and does not constitute regulatory supervision, professional financial advice, or official compliance certification. All findings represent research-based observations intended to contribute to financial industry transparency discourse and informed evaluation. FinScope is a technology platform developed to support the programme’s public-facing digital interface.