The Largest South Korean Exchange With Diverse Cryptocurrency Coins For Optimized Trading

Upbit support number

If you wish to join the cryptocurrency trading frenzy, then you need a reliable and reputed exchange as it offers a platform to facilitate the buying/selling of digital coins with ease. With the exchanges based in the USA, China, Korean, Singapore, etc. you can get confused about which exchange to choose to optimize the trading session. You can make the right decision after knowing in detail about each of the Upbit Customer Support 18005093075 exchange to select the right one that meets your demands. South Korea is quickly becoming a prevalent area for the cryptocurrency industry as many exchanges have shown high trading volumes each day, which is on the higher side compared to the Chinese and Japanese market. One of the crypto-exchange based in South Korea is Upbit launched in 2017 by the Kakao Talk, the local messaging app developer. The company is popular as it offers the Korean people the second prevalent search engine in the region, Daum. Kakao Corporation teamed up with the popular exchange Bittrex to launch Upbit.  It is the largest exchange based on the trading volume operated by the Two Wood Co., Ltd. (based in Seoul). 
Positive Points
The exchange has several positive features that make it attractive to the users using the platform for the trading.
  • It holds the number 1 position among the different exchanges as it has recorded a large trading volume. The exchanges offer you deep liquidity on the majority of the pairs traded on the exchange.
  • It offers you competitive trading fees compared to the other exchanges operating in the market.  The flat rate of 0.25% per trade offers a good deal. It does not charge on deposits and has minimal withdrawal fees.
  • It accepts the fiat currency deposits in the South Korean Currency Won (KRW). The Korean bank accounts registered with the exchange offer easy deposits. You can also use the credit cards to buy the digital coins.
  • As the exchanges collaborate with the US-based Bittrex, you have the option to choose more than 200 pairs of digital coins.

Negative Points
The UpBit like the other cryptocurrency exchanges has several negative aspects, which makes it difficult for you to use it.
  •  Unlike the other exchanges, it is only available to the South Korean users. So, the exchange only concentrates on the local South Korean market.
  • The exchange allows only a specific minimum order size, so you cannot use it for small orders. Such trades can ultimately become risky for you.
  •  The exchange is currently investigated for the fraud charges due to the suspicious of inside trading, coinless transaction, and the allegation of money laundering.

The current news of investigation puts serious doubts in the minds of the investors. Therefore, you need to maintain caution before choosing the Upbit customer support number exchange for trading.  These are some negative and positive points about it.

Hope you like the post, do comment if you have any query regarding UpBIT.
Location: Miami, FL, USA

Comments

Post a Comment

Popular posts from this blog

UPBIT The world's Biggest Crypto Exchange

Image
Released and launched in 2017, this South Korean crypto exchange got lots of popularity in less time. A biggest messaging app developer in Korea has created it.  It was offering 111 altcoins at the time of launching. Company was in news for some time for so many negative reasons. Some Korean Authorities have been investigating it as it has charges of fraud. This investigation becomes the main reason of this largest South Korean Upbit Support Number at 1800-509-3075 . It hit its crypto market. Now let’s talk about some interesting facts about this popular Korean Exchange. It provides only single account trading without Leverage option. If you are permanent South Korean or you have residency here, then it is exclusive to you. But if you are not from the same place, it would be hard for you to get registered with it as ID verification is important step of registration. Apart from registration constrains, you are not allowed to make any trade unless you are above 19 years. If
Read more

Upbit The most advanced cryptocurrency exchange

Image
Korean exchanges have been the talk of the town ever since their inception. Every morning post pandiculation, all you get to know about is how much a certain cryptocurrency has jumped or how it has enhanced in value and volume. People have been minting digital currencies and it is not surprising that the Korean market contributes a lot to these exchanges. UPbit is singularly one of the largest digital asset exchanges in business these days.It offers a singular trading account wherein you can hold multiple currencies that you want to buy, sell or trade on! With more than 120 currencies listed legally on the portal, you have no dearth of choices in general. What are the advantages that you get when you have UPbit as the trading exchange? Well, there are way too many and it is difficult to resist the temptation in general. It has the largest volume as far as trading volume is concerned. As a part of leading firms and their subsequent reports, the trade volume of UPbit i
Read more

Why Upbit Exchange Gained Popularity all Across the Globe

Image
Crypto world has become a puzzle for so many people. There are so many exchanges, wallets and coins get launched every year. But how they work and how they prove safe for traders. There are so many questions that bother the traders. Upbit is newly launched exchange and it makes everyone amazed with its features and secure platform. Everybody wants to know all about the things that make it safe and popular. Here in this post, we have come up with facts that make it a perfect exchange. Everybody who is associated with cryptocurrency world or trading, he/she only talks about the most popular South Korean Exchange. It was launched last year in 2017 and became one of the most used and popular exchanges. It has already beaten its competitors by daily trading volume. Now it has become leading Upbit support Number 18005093075 and reasons are numerous. The people who support it are the main reason of such rapid success. It supports +140 Cryptocurrencies Upbit Exchange supp
Read more