Upbit is a South Korean crypto exchange which released in October 2017. It was created by Korea’s biggest messaging app developer, Kakao, providing 111 altcoins when it was launched.
Kakao Corp is more than just a giant internet company. The company's 'Kakao Talk' app is by far the biggest messaging application in South Korea. Kakao also provides Korea’s second most popular search engine, Daum, which is just behind Naver in terms of its overall traffic volume. The CEO behind the company, Song Chi-Hyung, is estimated to be worth around $500 million.
The company has recently been in the news for negative reasons, as it is currently under investigation by Korean authorities over alleged charges of fraud. As it is the largest exchange in South Korea, these investigations have hit their crypto market, though the company maintains its innocence. To add to this, UpBit refused to join other exchanges in a self-regulatory body, causing some to question their motives.
UpBit is an exchange that offers single account trading with no leveraged trading options. It is exclusive to people who have established residency in South Korea, so if you’re from abroad you will not be able to register. Furthermore, ID verification is essential. Those under 19 are not permitted to make any trades.
Trading Pairs and Trading Volume
Upbit offers more than 200 trading pairs, as it is in an active partnership with Bittrex. Every trading pair besides those with Korean Won (KRW) is provided through Bittrex. Currently, the most popular traded pairs being ADA/KRW SNT/KRW and BTC/KRW.
At press time, Upbit's trading volume was at $734.9 million. Because it is such a large exchange, Upbit is allowed to trade in fiat in South Korea. However, Won is the only fiat currency that is currently supported.
UpBit was in operation for quite some time before it publicly released trading volume data. This proved to be controversial, as this was seemingly done to showcase major developments. Its large trading volume allows for a high level of Liquidity which is great for users.
https://coinlib.io/exchange/upbit
User Reputation and Customer Service
The exchange offers customer support over email, by telephone, and also through KakaoTalk, the app which is owned by Kakao. Upbit's customer support resources have a generally good reputation with plenty of agents on hand to respond to inquiries or difficulties. An extensive FAQ section is also provided. They aim to get a response to the customers as quickly as possible.
Upbit has had relatively possible feedback on Reddit, as they talk about the innovations that would happen for the exchange. Official contact details can also be found on twitter:
Their KakaoTalk platform for answering Upbit-related questions can be found here.
Security
UpBit provides several layers of security for users. First of all, users are required have to be authenticated using legal forms of identification.
The exchange also uses 2-Factor Authentication. Upbit's online wallet security is provided by BitGo, recognized as the epitome of multi-signature wallets and favored by many of the leading crypto exchanges worldwide.
Additional account security is provided by working with Kakao Pay, the mobile Payments app which is owned by its partner Kakao Corp., which is a key player on the South Korean market.
The Korea Fair Trade Commission has recently decided to put forward legislation for the crypto marketplace. They’ve altered digital and financial laws, for example, to address changing cryptocurrency markets.
They have also produced anti-money laundering regulations specifically created for Bitcoin. Both of these decisions came as a surprise to Bitcoin users in Korea.
Creating an Account
Accounts require email verification and identity authentication. Only South Korean individuals can create an account, and institutional trading is supported. The length of time involved with ID verification varies, but normally takes a couple of days to verify.
Payments are done via credit cards or wire transfers. Mobile accounts are available for all those who use the service. For extra security, these applications are particularly effective as they’re developed by the leading South Korean firm which specializes in this aspect.
There are no fees when it comes to setting up an account, but withdrawal fees apply when taking out certain types of currency which vary, depending on the currency. There are no fees for deposits whatsoever.
History and About
Upbit is a South Korean crypto exchange which released in October 2017. It was created by Korea’s biggest messaging app developer, Kakao, providing 111 altcoins when it was launched.
Kakao Corp is more than just a giant internet company. The company's 'Kakao Talk' app is by far the biggest messaging application in South Korea. Kakao also provides Korea’s second most popular search engine, Daum, which is just behind Naver in terms of its overall traffic volume. The CEO behind the company, Song Chi-Hyung, is estimated to be worth around $500 million.
The company has recently been in the news for negative reasons, as it is currently under investigation by Korean authorities over alleged charges of fraud. As it is the largest exchange in South Korea, these investigations have hit their crypto market, though the company maintains its innocence. To add to this, UpBit refused to join other exchanges in a self-regulatory body, causing some to question their motives.
UpBit is an exchange that offers single account trading with no leveraged trading options. It is exclusive to people who have established residency in South Korea, so if you’re from abroad you will not be able to register. Furthermore, ID verification is essential. Those under 19 are not permitted to make any trades.
Trading Pairs and Trading Volume
Upbit offers more than 200 trading pairs, as it is in an active partnership with Bittrex. Every trading pair besides those with Korean Won (KRW) is provided through Bittrex. Currently, the most popular traded pairs being ADA/KRW SNT/KRW and BTC/KRW.
At press time, Upbit's trading volume was at $734.9 million. Because it is such a large exchange, Upbit is allowed to trade in fiat in South Korea. However, Won is the only fiat currency that is currently supported.
UpBit was in operation for quite some time before it publicly released trading volume data. This proved to be controversial, as this was seemingly done to showcase major developments. Its large trading volume allows for a high level of Liquidity which is great for users.
https://coinlib.io/exchange/upbit
User Reputation and Customer Service
The exchange offers customer support over email, by telephone, and also through KakaoTalk, the app which is owned by Kakao. Upbit's customer support resources have a generally good reputation with plenty of agents on hand to respond to inquiries or difficulties. An extensive FAQ section is also provided. They aim to get a response to the customers as quickly as possible.
Upbit has had relatively possible feedback on Reddit, as they talk about the innovations that would happen for the exchange. Official contact details can also be found on twitter:
Their KakaoTalk platform for answering Upbit-related questions can be found here.
Security
UpBit provides several layers of security for users. First of all, users are required have to be authenticated using legal forms of identification.
The exchange also uses 2-Factor Authentication. Upbit's online wallet security is provided by BitGo, recognized as the epitome of multi-signature wallets and favored by many of the leading crypto exchanges worldwide.
Additional account security is provided by working with Kakao Pay, the mobile Payments app which is owned by its partner Kakao Corp., which is a key player on the South Korean market.
The Korea Fair Trade Commission has recently decided to put forward legislation for the crypto marketplace. They’ve altered digital and financial laws, for example, to address changing cryptocurrency markets.
They have also produced anti-money laundering regulations specifically created for Bitcoin. Both of these decisions came as a surprise to Bitcoin users in Korea.
Creating an Account
Accounts require email verification and identity authentication. Only South Korean individuals can create an account, and institutional trading is supported. The length of time involved with ID verification varies, but normally takes a couple of days to verify.
Payments are done via credit cards or wire transfers. Mobile accounts are available for all those who use the service. For extra security, these applications are particularly effective as they’re developed by the leading South Korean firm which specializes in this aspect.
There are no fees when it comes to setting up an account, but withdrawal fees apply when taking out certain types of currency which vary, depending on the currency. There are no fees for deposits whatsoever.
Colombia Gets Local Crypto Access Through Kraken Following Its MiCA Approval
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
The Leap to Everything App: Are Brokers There Yet?
The Leap to Everything App: Are Brokers There Yet?
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Mind The Gap: Can Retail Investors Save the UK Stock Market?
Mind The Gap: Can Retail Investors Save the UK Stock Market?
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
