Upbit Trading Volume and Market List

BTC: 60.059593946667

ETH: 11.809944821516

Fear & Greed: 23/100

language

Upbit

Spot Trading volume (within 24 hours)

$4,368,504,382.31

https://upbit.com/

Medium

X (Twitter)

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About Upbit

Upbit is a centralized cryptocurrency exchange established in 2017 and is registered in South Korea. Currently, there are 235 coins and 459 trading pairs available on the exchange. Upbit 24h volume is reported to be at $1,639,533,760.34, a change of -4.65% in the last 24 hours. Exchange Reserves data is currently unavailable for Upbit. The most active trading pair is XRP/KRW with a 24h volume of $340,064,191.97. Upbit is known for its extensive trading options for cryptocurrency. It emphasizes security and compliance, offering a user-friendly platform while catering primarily to the South Korean market and expanding into Southeast Asia.

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 fiat currencies does Upbit support?

Upbit currently supports 1 types, including KRW.

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