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      Fiat Support
      Korea (the Republic of) , 2013-07
      Margin trading
      24h Trading Volume
      415.43 BTC 46.31%
      Proof of reserves
      7,572.49 BTC
      Alexa Rank
      Twitter Followers

      Korbit Trade Volume Charts (24h)

      What is Korbit?

      Korbit is a centralized cryptocurrency exchange located in South Korea.

      Founded in 2013, Korbit is one of the largest cryptocurrency exchanges in South Korea and is committed to providing investors with a secure platform that enables them to trade cryptocurrencies online and on mobile platforms. It is reputed as a reliable and trustworthy platform that can safely manage and protect customer accounts and assets, and it was the first Korean cryptocurrency exchange to offer fiat trading against Bitcoin. The mission of Korbit is to harness new technology to make value flow freely. While providing financial services, it is creating a world where individuals can freely transact with each other without sacrificing security or convenience.

      Who is the Founder and CEO of Korbit?

      Korbit was founded by Kangmo Kim, Louis Jinhwa Kim, and Tony Lyu,and it officially opened in 2014 by raising $3.6 million from several venture capitalists and private investors. At present, Tony Lyu is the CEO of Korbit.

      Is Korbit Safe?

      Since cryptocurrency scams have grown significantly recently, Korbit has put the following security measures in place to protect user funds:

      • Enhance security by enabling MFA using Google Authenticator and phone verification and other security systems
      • Restriction on the number of failed login attempts 
      • Store up to 80% of the customer funds in cold storage
      • Support multisignature transactions 
      • Korbit website is secured by an SSL (https) certificate
      • 24-hour security monitoring system detects all risks

      Therefore, Korbit is considered a reliable and safe cryptocurrency exchange. However, it cannot fully guarantee the security of users' funds. In addition to depositing funds on centralized cryptocurrency exchanges, users can also choose to transfer funds to reputable wallets to reduce risk. However, each method contains certain risks, users need to compare and choose the most appropriate one based on their specific conditions.

      Trading Fee

      Click on the link below to view the Korbit fee structure:

      Can Foreigners Join Korbit?

      Foreigners (Non-Korean) also can join Korbit by simply registering an email address. However, there are some conditions need to be fulfilled:

      • Only foreigners who are currently using Korean Mobile Carrier, hence able to successfully complete the self-authentication process can use Korbit service
      • Foreigners without Korea citizenship can only use cryptocurrency deposit/withdrawal and trading service Korbit provides

      How Can I Contact Korbit Customer Suppot?

      Or try these social media to get Korbit customer service:

      Korbit APP

      Korbit's Announcement

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