Korbit

Korbit is a prominent South Korean cryptocurrency exchange offering a secure trading environment.

Founded

2013

Markets

193

About Korbit

Founded in 2013, Korbit is one of the oldest and largest cryptocurrency exchanges in South Korea. The platform is designed to cater primarily to local users, providing a variety of popular cryptocurrencies and a user-friendly interface for both novice and experienced traders. Korbit supports transactions in Korean Won (KRW) and offers a range of features including a trading API for automated trading and a virtual asset reward service known as the Korbit piggy bank.

Korbit has established a strong reputation for security, claiming to have never been hacked since its launch. The exchange offers a low entry threshold for users and includes essential tools for technical analysis within its trading terminal. Additionally, Korbit provides access to ETH 2.0 staking and a marketplace for NFTs, enhancing its appeal in the competitive crypto landscape.

Pros

Offers a wide range of cryptocurrencies with 193 markets available.
Competitive trading fees of 0% for both makers and takers.

Cons

Primarily targets South Korean users, which may limit accessibility for international traders.
Limited information on futures and margin trading options.

Fees

maker fee: 0%
taker fee: 0%

CoinMarketCap's own reported average fee, not the exchange's published tiered schedule.

Trading Features

Spot trading

Yes

Frequently Asked Questions

What fiat currency does Korbit support?

Korbit supports transactions in Korean Won (KRW).

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Availability, fees and regulatory status vary by jurisdiction and change over time. Always confirm current terms directly on the exchange before trading.