Upbit Review 2026: Fees, Volume and Safety
Ranked #15 of 30 exchanges. Best for: Korean won trading.
- 24h volume
- $644.2M
- Share of top 30
- 3.1%
- Spot fee (maker / taker)
- 0.05% / 0.05%
- Coins listed
- 345+
Upbit Trading Volume, Last 30 Days
USDThe 30-day chart appears after the first chart refresh.
Upbit at a Glance
| Founded | 2017 |
|---|---|
| Headquarters | Seoul, South Korea |
| Licences | FIU-registered VASP (South Korea) |
| Spot fee (base) | 0.05% / 0.05% |
| Futures trading | No |
| Proof of reserves | — |
| KYC | Mandatory, with a Korean real-name bank account |
| Fiat deposits | KRW bank transfer |
Strengths and Watch-outs
What stands out
- Largest exchange in South Korea
- KRW, BTC and USDT markets
- Operated by Dunamu
Keep in mind
- Lost about $36M from a Solana hot wallet in a Nov 2025 hack
Upbit FAQ
Is Upbit safe?
It holds these licences or registrations: FIU-registered VASP (South Korea). Keep in mind: Lost about $36M from a Solana hot wallet in a Nov 2025 hack. As with any exchange, use two-factor authentication and keep long-term holdings in your own wallet.
What are Upbit trading fees?
At the base tier Upbit charges 0.05% / 0.05% (maker / taker) on spot trades. Fees fall as your 30-day volume grows.
Does Upbit require KYC?
Mandatory, with a Korean real-name bank account.
Where is Upbit based?
Upbit was founded in 2017 and is based in Seoul, South Korea.
Compare Upbit With
Live data: CoinGecko. Profile compiled by FxDailyInfo from the exchange's own pages. Sources: coingecko.com, decrypt.co. Crypto trading is high risk and not available in every country.