Upbit (업비트 in Korean), Biggest crypto exchange in South Korea. Upbit's ecosystem has Upbit Exchange, NFT Marketplace/Drops platform, and its Staking services.
As of November 2023, Upbit has restricted staking options to a total of five cryptocurrency assets, which is relatively few within the sector (like Binance or Bybit).
Their Staking FAQ (업비트 스테이킹), however, in Korean.
We suggest this service for South Korean users, because this exchange is well integrated into the local financial system.
- Parent company:
Upbit, a big South Korean crypto platform, is getting noticed for better security and more trading.
Upbit dominates the South Korean market as a cryptocurrency exchange with an extensive range of over 180 digital assets and numerous trading pairs. It's recognized for its user-centric, secure trading platform accessible via both web and mobile. Upbit stands out for its stringent security measures, certified by top standards, and its dedicated teams for AI-based fraud detection and AML monitoring. Founded by Song Chi-hyung in 2017, Upbit has expanded to several Asian countries, operating under local regulations. The exchange offers low fees for domestic currency pairs and standard rates for BTC and USDT pairs, while eschewing leverage and margin trading.