RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

Korbit

Korbit Exchange Review

Centralized

Local/Regional Exchange – cannot be rated at this time.

Korbit is a South Korea based cryptocurrency exchange that is operated by Korbit Inc. Its main target market is South Korea and exchanges using the South Korean Won (KRW).

Korbit has four core features: high amount of currency, security, reliability and customer support. It already lists a number of cryptocurrencies and keeps updating its lists. In terms of security, Korbit tries to keep its customer and their funds safe, as well as to protect personal data. It has various security measures in place, like an offline cold wallet and also informs their clients extensively about possible risks. In terms of reliability, Korbit has a lot of experience wherefore they offer secure systems and stable servers. Quick, reliable and qualitative good support is provided because customer support and satisfaction have a high priority. 

Korebit offers two account types, individual or corporate and has different membership levels, on which a customer gets upgraded through providing more personal data. A higher membership level provides various advantages to clients. 

Maker and taker fees are calculated depending on the 30-day trading volume and currency and decline as the volume increases. Withdrawal and deposit fees also depend on currencies; however, depositing via Korean bank transfer is free.  

Korbit generally does not offer any promotions for its customers but occasionally offers 0% trading fee as a promotion.

Korbit Exchange Review, Trading Fees, Deposit and Markets

  • 24h Trading Volume

    434.777 BTC

    • Korbit Total Trading Pairs

      N/A

      • Korbit Margin Trading

        No

        • Korbit Deposit fees

          N/A

          • Korbit Fiat Deposit

            Yes

            • Accepted Payment Method

              None

              • Korbit Native token

                No

                • Native token smart contract

                  N/A

                  • Korbit Trading Markets

                    N/A

                    • Korbit Stablecoins trading

                      N/A

                      Korbit Withdrawals

                      • Daily Withdrawal Limit

                        N/A

                        • Korbit Withdraw fees

                          N/A

                          • Korbit Withdraw fees discount

                            N/A

                            • Proof of Reserves

                              N/A

                              Korbit Exchange Additional Information

                                • Korbit Headquater

                                  South Korea

                                  • Korbit Establish date

                                    2013