Why Upbit Exchange Gained Popularity all Across the Globe

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 supports more than 140 cryptocurrencies (many altcoins ) and it has listed 30 new coins since its inception. Upbit Twitter and Reddit is filled with the information about the coins they have added recently.

It supports fiat money

It supports only South Korean won. It would be great if we share that Bittrex also cooperate with Upbit.

It is available for the clients from South Korea:

The website of Upbit is in Korean language and it is only available for South Korea people. You should not create your Upbit account unless you are a South Korean Citizen. It only focuses only on the local market. It is not in the list of the exchanges who strive to attract the customers from all across the globe.

It offers strong cyber security

This is very safe and comes with so many layers. This is connected to Kakao Corp directly that makes it strong and secure. It has excellent security protection and that can be good news for every trader who uses this exchange. Not even a single breach has been reported so far. However there was a fake news or rumour of hacking of it but that was baseless and Upbit has denied these allegations. Some inconveniences were there but they were due to the network upgrade.

Many people wonder if it is safe or not. If you see reviews, you see almost all users have mentioned it as a safe exchange. The recent Upbit investigation proves that it is a reputed exchange. Users have to provide their ID if they want to make any transaction. The Upbit fee is competitive and depends on the particular currency. This is how it has become so much popular all across the world.For South Korean citizens this is a reputed platform and it also provides best customer support services. You can use the Upbit customer support number to get assistance in the emergency.

Hope you like the post, do comment if you have any query.