What is Korbit? Overview of Korean trading floor

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Currently, South Korea is also one of the countries in the world with an extremely active cryptocurrency market. This is clearly shown in the Korbit virtual currency exchange, which has a huge trading volume and traffic volume. Follow the detailed content below to know what its features and fees are offline!

What is Korbit?

Korbit is a first-class virtual currency exchange and exchange platform in Korea, established in 2013, headquartered in Kangnam Dae, Gangnam, Seoul. Compared to other exchanges in the country, Korbit has the longest history, and is also the leading exchange in this land of Kim Chi

Features of the Korbit exchange

–  Safety – security : Similar to other major digital exchanges in the world, Korbit also applies international security standards to the security of its system such as using SSL protocol, security. 2-layer security (2FA), user accounts are stored in offline cold wallets

–  Trading platform : supports only trading platform on the website, but in return, the website interface is designed extremely beautifully, friendly. Users can easily trade through the Trading View features that help provide hourly fluctuations of coins. In addition, there are tools such as Recent Trade, Order Book that can best support users

–  Languages : Korean, English

–  Deposit : not supported

–  Coins : the floor supports a variety of different coins, some coins have the highest trading volume such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Dash ….

–  Support : customer support team is available 24/7 via channels such as hotline (1661-9707), email (info@korbit.co.kr)

Fees on the Korbit exchange

–  Transaction fee : low competitive fee only from 0.08%. And at the exchange, the transaction fee will be divided into two types: Marker (the fee used for the user to order of the creators of that coin) and Taker Fee (calculated for making that coin transaction on the exchange). )

–  Sending fee : floor does not charge sending fee of users

–  Withdrawal fee : each coin will have a different fee, for example, if withdrawing in KRW, the withdrawal fee will be 1000 KRW, with Bitcoin will be 0.001 BTC

Epilogue

Above is the most basic information of the digital exchange Korbit. But in general, this is a good exchange with many outstanding features such as using many international security standards, nice and friendly trading interface, support for a variety of coins and legal currencies …. However, there are still many drawbacks such as no deposit, no trading platform for phones.

If you have any questions about Korbit, you can leave the question below, I will quickly answer for you. Good luck!

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OctaFX Broker No Swap, Top 1 Malaysia, Indonesia
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