Korean virtual currency exchange ranking
Ranking of Korean virtual currency exchanges: 1. Bithumb (largest trading volume, market share over 50%); 2. Upbit (large variety, advanced security technology); 3. Korbit (mainly Bitcoin trading, strong compliance) ; 4. Coinone (rich varieties, strict verification measures); 5. GDAC (low fees, user-friendly).
Korea Virtual Currency Exchange Ranking
South Korea is one of the world's leading virtual currency trading markets, with many highly respected exchanges. The following are the top five Korean virtual currency exchanges ranked based on transaction volume, user volume and security:
1. Bithumb
- was established in 2013 and is the largest virtual currency exchange in South Korea, accounting for more than 50% market share.
- A variety of cryptocurrencies available, including Bitcoin, Ethereum, and Ripple.
- Security measures include cold storage, two-factor authentication and anti-money laundering policies.
2. Upbit
- was established in 2017 and is the second largest virtual currency exchange in South Korea.
- More than 200 cryptocurrencies available, including innovative tokens and yield tokens.
- Has advanced security technology including multi-signature wallet and biometric identification.
3. Korbit
- was established in 2013 and is one of the oldest virtual currency exchanges in South Korea.
- Focus on Bitcoin trading and committed to compliance.
- Adopt strict security measures, including hierarchical cold storage and bank-level encryption.
4. Coinone
- Founded in 2014, it is another leading virtual currency exchange in South Korea.
- A variety of cryptocurrencies available, including EOS and Tether.
- Has strict verification procedures and anti-fraud measures.
5. GDAC
- was established in 2017 and is a relatively new virtual currency exchange in South Korea.
- Focus on providing low fees and user-friendly trading experience.
- Employing multiple layers of security, including multi-factor authentication and cold storage.
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