Upbit is a centralized cryptocurrency exchange offering spot trading services to users across South Korea / Asia.
Published user experiences with Upbit.
04 / NEWS
Recent reporting and developments from the 3CBlock newsroom.
Korean exchanges Upbit and Bithumb accumulated 90 million XRP over three weeks while Binance reserves dropped, signaling a custody shift amid Standard Chartered's new RLUSD institutional custody launch.
South Korea's Upbit will cease trading for Ravencoin on October 12, removing the venue responsible for approximately 57 percent of the token's global daily volume.
Published 3CBlock coverage manually linked to this exchange.
South Korea-focused digital-asset exchange operated by Dunamu, with jurisdiction-specific affiliated exchange entities and regulated operations in several Asian markets.
Security incidents, account protection, asset custody and withdrawal controls.
Proof of reserves, asset disclosure, corporate and ownership transparency.
Documented offerings include Spot, Fiat / KRW, API.
03 / MARKET DATA
24h ticker volume · CoinGecko · 512 markets · collected 5 Oct 2026
Published user experiences with Upbit.
My deposit to Upbit went through successfully, and the funds were credited without any problems. The deposit address and available network options were clearly presented, while the confirmation warning helped me verify the details. I checked everything carefully before submitting the transfer because choosing the correct network can still be confusing for first-time users.
I tested a small deposit before sending a larger amount to Upbit. Both arrived correctly, although the second transfer took longer to show in the account. The deposit history eventually updated and I did not need to contact support.
I made a deposit to Upbit and the funds appeared after the required confirmations. The process worked, but the status information could have been more detailed while I was waiting. A clearer estimate of the remaining confirmation time would help.
The deposit process on Upbit was generally simple. I could find the network information without much trouble and the balance updated after confirmation. I would prefer more prominent notices when a network has special deposit requirements.