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Digital X
Spot Trading volume (within 24 hours)
$70,773,881.47
About Digital X

## What Is Digital X? Digital X is a centralized cryptocurrency exchange based in Seoul, South Korea. It began operating in 2013 as Korbit and was renamed Digital X in September 2026. The exchange continues to be operated by the same legal entity, Digital X Co., Ltd. (formerly Korbit Inc.). Digital X allows users to trade cryptocurrencies against the Korean won (KRW). ### Who Owns Digital X? Digital X is majority-owned by Mirae Asset Consulting, a Mirae Asset Group company, which completed its acquisition of the exchange (then Korbit) in July 2026. The legal entity operating the exchange remains unchanged. ### Is Digital X Regulated? Digital X is registered as a virtual asset service provider (VASP) with the Korea Financial Intelligence Unit (KoFIU) under the Act on Reporting and Using Specified Financial Transaction Information. Identity verification (KYC) is mandatory for all users. ### How Do Users Deposit and Withdraw Fiat? KRW deposits and withdrawals are available through a real-name bank account at Shinhan Bank. ### What Are the Fees on Digital X? Trading fee details are available on the official Digital X fee page: [https://digitalx.miraeasset.com/info/fee/?tab=trade](https://digitalx.miraeasset.com/info/fee/?tab=trade) ### Does Digital X Offer Derivatives? Digital X offers spot trading only. It does not offer derivatives, margin or leverage trading. ### How Does Digital X Secure User Assets? Digital X holds the Information Security Management System (ISMS) certification in South Korea. It complies with applicable laws and regulatory guidelines on the protection of user assets, including requirements on the proportion of assets held in cold wallets. ### Does Digital X Provide an API? Digital X provides REST and WebSocket APIs. API documentation is available at [https://docs.digitalx.miraeasset.com/](https://docs.digitalx.miraeasset.com/).

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Common problems
What does centralized exchange mean?
A centralized exchange generally refers to a custodial asset trading place controlled and managed by a company or operating entity. Users need to deposit their assets on the platform to start trading. In traditional finance, stock exchanges such as NYSE, Nasdaq, etc. are all centralized exchanges. Binance, Coinbase, and Kraken are centralized exchanges in the crypto industry. Their operations are similar to Nasdaq, using a central order book model to match transactions and determine asset prices.
What is a Decentralized Exchange (DEX)?
A decentralized exchange (DEX) is a trading platform that does not rely on a central authority to hold users’ assets. Users can trade tokens directly through a digital wallet. Transactions are executed automatically on the blockchain via smart contracts, keeping funds under the user’s control and fully transparent. DEXs support automated market making (AMM), liquidity provision, and token swapping, allowing users to trade and earn without registration or custody, and serving as an important gateway to the decentralized finance (DeFi) ecosystem.
What fiat currencies does Digital X support?
Digital X currently supports 1 fiat currencies: KRW.
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