Korbit Review 2026
Learn more about TU’s methodology
- $1
- TradingView
- Lots of cryptocurrencies and coins, only South Korean won from fiat, no mobile app, profitable investment programs, low fees
Our Evaluation of Korbit
Learn more about TU’s methodology
Korbit is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.79 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Korbit clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
The Korbit cryptocurrency exchange provides customers with favorable terms of cooperation and access to the most popular cryptocurrency markets. The well-functioning operation of the trading terminal, the availability of basic functions for technical analysis, and a low entry threshold are the main advantages of the Korbit platform. Commissions and fees for trading operations are below the market average, and they can be further reduced by increasing the trading level and rebates from the Traders Union. The exchange is equally convenient for beginners and experienced traders. It’s suitable for investors as well, as it offers income from staking.
How we tested Korbit
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Korbit
Korbit, a South Korean exchange, offers over thirty markets for trading cryptocurrencies and coins through the in-browser TradingView terminal. The company does not have a mobile application, but the site is perfectly optimized, making it comfortable to work with it on smartphones and other gadgets. Bitcoin (₿), Ethereum (Ξ), Ripple, BitcoinCash, Cardano, and many other cryptocurrencies are traded at the exchange. Commissions are below the market average, depending on the trading volume. At the first trading level, the maker's fee is 0.08% and the taker's fee is 0.2%. The platform is characterized by functionality, high speed of operation provides users with a modern level of security for funds and personal data. There are investments in the forms of classic Bitcoin and Ethereum staking and API for developers. The referral program has not been launched.
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- many cryptocurrencies and coins are available for trading;
- fast and functional trading terminal is in the browser;
- good optimization, high speed of trades;
- profitable investments in Bitcoin and Ethereum;
- multichannel call center, operational support service;
- multilevel encryption system for data protection;
- low commissions for both trading and withdrawal of funds;
- Korbit is a leading South Korean cryptocurrency exchange, and one of the oldest in the world.
- only South Korean won may be exchanged for other fiats;
- no affiliate program;
- no demo accounts.
TU Expert Verdict
Chief Analytics Officer
Korbit is a South Korean cryptocurrency exchange that provides access to trading over 40 cryptocurrencies and coins using an in-browser TradingView terminal. The exchange operates under Tier-1 regulatory oversight, offers cold wallet storage, and employs a multilevel encryption system for strong security. Korbit features a low minimum deposit of $1, trading fees below the industry average, and supports both bank transfers and cryptocurrency for deposits and withdrawals. The platform allows users to participate in staking opportunities for passive income, though no leverage is available for trading.
A few disadvantages are Korbit is not available in certain geographic regions, including Germany and the U.S., supports only South Korean won for fiat transactions, and lacks a mobile app, affiliate program, and demo accounts. The selection of tradable assets is limited compared to leading competitors, and withdrawal fees apply. Due to restricted geographic availability and a modest product range, Korbit may best suit South Korean residents seeking a local, regulated exchange with basic crypto trading functionality and passive earnings options.
Korbit Summary
| 💻 Trading platform: | TradingView in browser |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies, KRW |
| 💵 Deposit / Withdrawal: | Bank accounts, electronic and cryptocurrency wallets |
| 🚀 Minimum deposit: | $1 |
| ⚖️ Leverage: | 1:1 |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Spot: 0.1%-0.2% |
| 🔧 Instruments: | 44 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | No |
| ➕ Affiliate program: | No |
| 📋 Order execution: | No data |
| ⭐ Trading features: | Lots of cryptocurrencies and coins, only South Korean won from fiat, no mobile app, profitable investment programs, low fees |
| 🎁 Contests and bonuses: | Yes |
To start trading on the Korbit crypto exchange, you need to go through the registration and verification procedure. Verification is not required, but it is recommended, as clients of the exchange with unconfirmed data receive significant restrictions on the deposit and withdrawal of funds. Traders should pay attention to the nonavailability of leverage. This means that in the process of trading, you can only rely on your own funds. The technical support of the platform is active around the clock and seven days a week, but this is subject to very slow email responses. The call center is open from 09:00 to 18:00, local time on weekdays. Clients rate the technical support of the platform as prompt and high-quality.
Korbit Key Parameters Evaluation
Regulation and Safety
Korbit has earned a rating of 9.75/10, demonstrating strong security and regulatory compliance. This score suggests that the exchange is generally reliable and offers a solid level of protection for users.
- No successful hacks history
- Tier-1 regulation
- Government-regulated
- 2FA
- Cold wallet storage
- No facial recognition
- Not U.S regulated
- No investor protection fund
Korbit Security Factors
We also compared Korbit against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Korbit | Kraken | Coinbase | |
| Tier-1 regulation | Yes | Yes | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | No | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | Yes |
Is Korbit a regulated crypto exchange?
Korbit is regulated by a Tier-1 financial authority (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or another jurisdictions with strict financial oversight). This ensures strong investor protection, compliance with stringent operational standards, and enhanced security for users trading on the platform.
Korbit is authorized or licensed in accordance with local regulations in the following regions: South Korea.
Is verification (KYC) mandatory at Korbit?
Yes, KYC verification is mandatory at Korbit. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is Korbit available in the USA?
Korbit is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, Coinbase, OKX .
Korbit commissions and fees
Korbit received a 7/10 score for its trading fees. While Korbit is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are Korbit trading fees?
We analyzed Korbit’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Korbit trading fees vs competitors
| Korbit | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0.1 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.2 | 0.22 | 0.2 | 0.194 |
What are Korbit deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0.001 BTC 0.01 ETH |
Does Korbit offer P2P trading?
No, Korbit does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and Withdrawal
Korbit received a 4/10 rating for its deposit and withdrawal services. Korbit offers limited funding options and may charge fees, which could be inconvenient for many users.
- Bank transfers for deposits and withdrawals
- Many cryptocurrencies for deposits and withdrawals
- No deposit fees
- No P2P transfer option
- No Google Pay option
Deposit and withdrawal options
Korbit supports the following deposit and withdrawal options: Bank transfers, Crypto.
Korbit Deposit and withdrawal options vs competitors
| Korbit | Kraken | Coinbase | |
| Bank transfers | Yes | Yes | Yes |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
What is Korbit minimum deposit?
The minimum deposit at Korbit is 10000 KRW USD/USDT or 1 BTC. The minimum trade size is 10 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Korbit minimum deposit vs competitors
| Korbit | Kraken | Coinbase | |
| Minimum deposit, USD or USDT | 10000 KRW | 10 | 10 |
| Minimum deposit, BTC | 1 | 1 | 1 |
| Minimum trade amount, USD/USDT | 10 | 1 | 2 |
Does Korbit support fiat money?
Korbit does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
Korbit received a score of 2/10 in this category, indicating a modest offering of assets and markets. While Korbit covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Fiat currencies supported
- Other supported products
- Crypto options not available
- Staking not available
Korbit supported coins and markets vs competitors
We compared Korbit with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| Korbit | Kraken | Coinbase | |
| Supported coins | 44 | 278 | 249 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | No |
| NFTs | No | Yes | Yes |
Korbit passive income options vs competitors
We also compared Korbit with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Contacts
| Foundation date | 2013 |
|---|---|
| Registration address | 7th floor, Junkyung Building, 111, Teheran-ro, Gangnam-gu, Seoul |
| Official site | https://www.korbit.co.kr/ |
| Contacts |
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