Upbit operates as South Korea's largest exchange using a secure platform with over 200 tradable cryptocurrencies and 300+ pairs. It leverages strategic partnerships and regional legal entities for compliance and liquidity. The exchange solves user needs for transparent, regulated, and reliable crypto trading in Asia.
Is Upbit a secure platform?
Upbit uses cold storage, two-factor authentication, fund passwords, 24/7 monitoring, and AI-driven fraud detection. Although it faced a 2019 hot wallet breach, all user funds were reimbursed, and security measures were strengthened. These security layers provide strong protection and regulatory compliance for users.
How to use Upbit?
Register and verify identity with multiple KYC levels to unlock trading features. Deposit KRW or crypto through bank transfers or wallet deposits. Finally, trade using market, limit, or stop-limit orders on the web or mobile with access to staking and NFT services.
What services does Upbit offer?
Upbit offers spot trading of 200+ coins, staking with annual rewards up to 17%, and an NFT marketplace. It does not support margin/futures trading but provides reliable fiat-crypto pairs with low fees. The platform suits traders seeking regulated, transparent, but straightforward exchange services in Asia.
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