UPbit Global 50% Discount. Top Referral Code is "W54082".
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Crypto Currency Exchanges | UPbit Global |
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Use the referral code when registering for UPbit Global and enjoy the benefits! | |
Referral Code | W54082 |
Discount | 25% Discount |
Cashback | 25% Cashback |
Bonus | --- |
Don't forget to use the referral code when registering with UPbit Global and enjoy the rewards! |
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About UPbit Crypto Currency Exchange
Upbit cryptocurrency exchange was established in 2017 as its headquarters in South Korea. The exchange, which was established primarily for residents of South Korea, has become accessible to some international users over time. It is accessible in many countries, including globally in South Korea, Singapore, Indonesia and Thailand.
You can buy and sell various cryptocurrencies with spot trading on the stock exchange. For experienced traders, the option of trading with leverage via margin trading is available. With the staking service, you can earn rewards by holding certain cryptocurrencies in flexible or locked events.
With API access on the Upbit exchange, you can integrate it with your trading bots or applications. More than 35 cryptocurrencies are supported, including major cryptocurrencies such as BTC, ETH, and USDT, as well as some lesser-known tokens.
The platform is available in both desktop and mobile applications. An attempt has been made to create a user-friendly interface with the mobile application, but development is required.
UPbit offers various order types on trading pairs, including limit orders, market orders and stop-loss orders. The platform also provides necessary charting tools and technical indicators powered by Tradingview for technical analysis of cryptocurrencies.
Although UPbit exchange has high liquidity and transaction volume for major cryptocurrencies such as Bitcoin, the volume for other cryptocurrencies is limited.
Continuing to increase security measures over time, UPbit exchange prioritizes security with cold storage, multi-signature wallets, regular security audits and advanced encryption protocols for user assets.
In compliance with legislation, UPbit is registered with the South Korean Financial Services Commission (FSC) and complies with strict KYC/AML regulations.
The exchange, which has received average and below average criticism in user reviews, aims to be a user-friendly platform and improve its features.
Offering limited customer support, the exchange offers customer support via email, live chat, and phone (Korean only).
What are the Pros and Cons of UPbit Exchange?
Pros
Appeals to Everyone: UPbit has a useful structure for both beginners and experienced traders.
Security: The exchange implements strong security measures and is registered with the South Korean FSC.
Cons
Global Market: The exchange, which mainly serves the South Korean market, is also present in Singapore, Indonesia and Thailand. But it has limited access for some international users.
Competition: The exchange has difficulty competing with other exchanges and cannot have a presence outside certain regions.
What are UPbit Commission Fees?
Spot Trading
Maker Fee: 0.05%
Taker Fee: 0.2%
Other Fees
Withdrawal Fees: Varies depending on the cryptocurrency and Blockchain network withdrawn.
Deposit Fees: There are no deposit fees.
Conclusion
UPbit is an exchange that aims to be a user-friendly platform. It is an undeniable fact that it is limited to certain regions and is weak on a global scale. Although it has various features, many shortcomings are noticeable compared to other exchanges. Its focus on the South Korean market may limit accessibility for some users.