Company Info
Upbit got its start in 2017, cooked up by Song Chi-hyung, a tech whiz from Seoul National University. It’s rooted in South Korea, launched with muscle from Dunamu, a fintech outfit linked to Kakao. By 2025, Upbit’s a solid force, churning $1.5 billion in trades daily and holding $10 billion in assets. That’s real dough, showing it’s got loyal users. With over 1,000 people working out of Seoul, Singapore, and Thailand, it’s hitting traders in 40+ countries. It’s licensed with South Korea’s Financial Services Commission (FSC), plus Singapore and Indonesia. Some spots throw curveballs, but Upbit keeps grinding, adjusting to stay in the mix.
Website
https://www.upbit.com
Restricted Regions
Upbit’s got a decent spread, reaching over 40 countries, but it’s not global. Local rules can snag it. The U.S. is off-limits – tough regulations shut it out. China’s crypto ban blocks it too, and places like Iran and North Korea are no-gos. If you’re in one of those zones, it’s a bummer, but Upbit’s site lists where it’s cool to trade. Unsure about your spot? Their support page lays it out – check if you’re in or sidelined.
Sign-Up Bonus
New to Upbit? They might slip you a starter perk. In 2025, you could snag a $20 trading voucher by swapping $50 in your first week. Or it’s 5% off fees for a month – depends on their latest offer. These switch up, so scope their promotions page. Last year, they ran “deposit $30, get $3 in BTC,” and more’s coming. It’s not a windfall, but it’s a nudge to dive in.
Supported Cryptocurrencies
Upbit’s stacked with over 200 cryptocurrencies in 2025. You’ve got staples like Bitcoin (BTC), Ethereum (ETH), and XRP, plus a nod to Dunamu’s Kakao ties. There’s Solana (SOL), Cardano (ADA), and offbeat picks like Dogecoin (DOGE) and Shiba Inu (SHIB). Stablecoins like USDT hold steady, while quirky ones like Humanscape (HUM), Moss Coin (MOC), and Polymath (POLY) lure the bold. It’s a wide haul – whatever you’re after, Upbit’s got it lined up.
Deposit Methods
Getting cash into Upbit is pretty easy – they’ve got choices. Here’s the rundown:
- Bank Transfer (Global): Usually free, but your bank might tack on a bit.
- Credit/Debit Card: Slaps you with 1-3%, depends on your spot.
- P2P Trading: No cost – swap cash or crypto straight with someone.
- Crypto Deposits: Free, just cover the network fee.
- PayPal: Works some places, takes 2%.
- AdvCash: Low-key option, 1-2% fees.
Pinching pennies? P2P or bank transfers are your pals. Cards and PayPal? Fast, but they’ll ding you more.
Trading Technology
Upbit used to split its setups, but by 2025, it’s all in one tidy app. It’s got crisp charts with 50+ indicators, trades that fly, and picks like limit, stop, and market orders. New or seasoned, it’s built for you. They’ve thrown in one-click trading for quick plays too. It’s slicker than its early years, proving Upbit’s still kicking.
Trading Features
Trading on Upbit’s like a toolbox with stuff for all. Fees start at 0.25% (drops with volume), and charts let you poke every price twist. Want control? Set limit, stop, or market orders.
Support Contacts
Stuck? Upbit’s got ways to reach out, but it’s not always a breeze. Here’s what’s up:
- Live Chat: Fast for small stuff, bots kick it off.
- Email Support: Takes a day or two, but they dive in.
- Help Center: Stuffed with FAQs – start here.
- Telegram Community: Traders toss out tips.
- Twitter (@UpbitGlobal): Holler there if you’re jammed.
It’s not perfect – bots can stall, humans dawdle – but FAQs and the crowd help out.
General Ratings
Upbit Exchange Review
Hey, crypto folks! Let’s crack open Upbit – the exchange humming since 2017. Whether you’re snagging Bitcoin or chasing XRP’s next pop, Upbit’s likely crossed your mind. But in 2025, with competition heating up, does it hold water? We’re digging into its fees, features, security, and more, with Jack’s 72/100 rating ready. Grab a seat – this one’s worth a peek!
Pros
- Big Coin Stack: Over 200 coins – BTC, SHIB, all sorts.
- Cheap Fees: Starts at 0.25%, not bad at all.
- Solid Security: 2FA, cold storage, and a backup fund.
- Decent Reach: Covers 40+ countries.
- Good Tools: Charts, futures, and quick trades.
- Staking Bits: Earn a little while you hold.
- Fast Setup: Trades move without hiccups.
Cons
- Support Crawls: Help’s slow, tests your nerves.
- Rule Blocks: No U.S. or big markets.
- Newbie Mess: Too tricky for first-timers.
- No Wallet: You sort your own storage.
- P2P Wobbles: Peer trades can flop.
- Futures Risks: Leverage can sink you fast.
Upbit’s got some grit, no doubt. With $1.5 billion daily and security nailed down, it’s still got a crowd in 2025. Fees are light, and the coin pile’s deep – where else do you grab HUM and DOGE in one go? Jack’s 72/100 feels spot-on. Support lags, newbies might flop, and it’s got quirks, but for the price and spread? Upbit’s in the game. Whether you’re stacking BTC or hunting oddballs, it’s got some pull.
Regulatory Status
Upbit’s not some shady corner shop. It’s squared away with South Korea’s FSC, plus Singapore and Indonesia regulators, jumping hoops to stay straight. Still, it’s not all clear. The U.S. locks it out with tough laws, and China’s ban keeps it away. Iran and North Korea? No dice either. Upbit keeps tweaking to stay clean where it can.
Supported Cryptocurrencies
Upbit’s hauling over 200 coins in 2025. Bitcoin (BTC) and Ethereum (ETH) anchor it, XRP’s a biggie, and Solana (SOL) and Cardano (ADA) pop. Meme fans snag Dogecoin (DOGE) and Shiba Inu (SHIB). USDT keeps it level, while weird ones like Humanscape (HUM), Moss Coin (MOC), and Polymath (POLY) draw the brave. It’s a broad grab – something for everyone.
Rewards & Incentives
Upbit throws some goodies your way. Stake BTC, ETH, or ADA for 1-8% APY – cash for chilling. Newbies might nab a $20 voucher or 5% off fees for a month. Invite a friend, and you both get $5-$30. Events sometimes drop free tokens too. Last month, I grabbed some HUM for holding ETH. It’s not huge, and you’ve got to catch deals quick or they’re gone.
Rewards Review
| Bonus | Amount |
| Sign-up bonus | $20 voucher or 5% off fees |
| Staking rewards | 1-8% APY (BTC, ETH, ADA) |
| Referral bonus | $5-$30 per friend |
| Event rewards | Free tokens (e.g., HUM, MOC) |
| Trading contest | $5-$500 in prizes |
Upbit’s rewards are decent – staking’s steady, events add a kick. But it’s mild, and stuff slips away fast.
Rewards & Incentives Assessment
Trading Features
Upbit’s all in one app now – no platform hopping. Fees start at 0.25% (lower with volume), charts pack 50+ indicators, and you’ve got limit, stop, and market orders. Futures hit 50x leverage – nuts if you’re daring. One-click trading’s fast, and recurring buys ease you in. It’s a trader’s haunt, but risks can bite.
Trading Technology Review
| Feature | Details |
| Main platform | All tools in one app |
| Low fees | 0.25% base, drops with volume |
| Charting tools | 50+ indicators, custom setups |
| Order types | Limit, stop, market |
| Futures trading | Up to 50x leverage |
Upbit tunes its setup for 40+ countries, bending for local rules – like P2P to dodge banks – and offers plenty of languages. It’s got a homey feel, but skipping big markets like the U.S. pinches.
Upbit trims fees with more trades – 0.25% shrinks as you roll. Other spots pin you flat, but Upbit pays you back for action. It’s straightforward, though not a steal.
Upbit pushes 50x leverage on futures, with clean sliders and quick peeks. It’s easy to hop in, but no big guardrails mean wild swings can sting. Gutsy, not foolproof.
Trading Tools Assessment
Deposits & Withdrawals
Here’s what moving cash costs:
| Method | Deposit Fee | Withdrawal Fee |
| Bank Transfer | Free (bank varies) | $1-$10 |
| Card | 1-3% | N/A |
| P2P Trading | Free | Free |
| Crypto | Free | Network fee |
| PayPal | 2% | 1.5% |
| AdvCash | 1-2% | 1% |
| P2P and crypto save dough; cards and PayPal dig deeper. |
Transaction Assessment
| Method | Deposit | Withdrawal | Withdrawal Time |
|---|---|---|---|
| Visa | Yes | No | N/A |
| Bank Transfer | Yes | Yes | 1-5 days |
| P2P | Yes | Yes | Instant-1 day |
| Crypto | Yes | Yes | Minutes-hours |
| PayPal | Yes | Yes | 1-2 days |
| AdvCash | Yes | Yes | 1-3 days |
| Skrill | Yes | No | N/A |
Upbit’s got options – P2P’s snappy, crypto’s cheap. Banks slog, and fees stack up elsewhere.
Transaction Assessment
Security & Reliability
Upbit locks it tight: 2FA (SMS or app), 70%+ funds in cold storage, a safety fund for emergencies, and anti-phishing codes. A 2019 hack grabbed 342,000 ETH, but they covered it and beefed up. Hack attempts – 172,000 in 2023 – keep it tense, but it’s holding.
Company and Security Review
| Different Degrees of Security | Description |
| Account Protection | 2FA for logins, withdrawals – SMS, app, or email. |
| Asset Storage | 70%+ in cold storage, plus a safety fund. |
| Data and Transaction Security | Encryption, real-time checks for odd moves. |
Security Assessment
Customer Support
Upbit’s support lineup:
- Live Chat: Bots first, humans lag.
- Email: Slow but deep.
- Help Center: FAQ stash.
- Telegram: Users pitch in.
- Twitter (@UpbitGlobal): Yell for quick aid.
It’s there – community lifts, but real help’s a slog.
Support Contacts Review
| Channel | Details |
| Live Chat | Log in, tap chat (bottom right). |
| Help Center | www.upbit.com/service – dig articles. |
| Submit a Request | www.upbit.com/support |
| Twitter Support | @UpbitGlobal – DM or tweet. |
| Discord Community | None – Telegram’s the spot. |
Customer Support Assessment
User Experience
Upbit’s quick: fast app, neat site, tons of coins. It’s secure and cheap, but newbies trip over clutter, and it’s not super smooth. Staking’s simple, trading’s okay – once you get it.
Platform Accessibility Review
| Aspect | Description |
| Mobile App | Upbit App (iOS, Android) |
| Convenience | Fast signup, basic mode for newbies |
| Functionality | 200+ coins, staking, futures |
| Accessibility Features | Dark mode, 10+ languages, tweakable layouts |
| Text Customization | Font size shift in app settings |
UX Assessment
Similar Platforms
| Platform | User Experience | Coins | Extras | Fees/Support |
|---|---|---|---|---|
| Upbit | Complex, pro-lean | 200+ | Futures, staking | Fair fees, slow help |
| Coinbase | Simple, beginner | 150+ | Staking | High fees, decent aid |
| Kraken | Technical, advanced | 100+ | Margin | Fair fees, spotty aid |
| Crypto.com | Mobile-first, easy | 300+ | Cashback, staking | High card fees, okay |
| KuCoin | Trader-friendly | 700+ | Futures, lending | Low fees, weak help |
| Bitfinex | Pro-focused, steep | 180+ | Margin, lending | Mid fees, slow aid |
Our Experts Verdict
Upbit’s hanging tough in 2025. Newbies might curse the jumble, and support’s a drag, but fair fees and a fat coin list keep it afloat. Jack’s 72/100 pegs it – good enough, with some dings.
