Upbit vs Currency.com: Fees, Coins, Safety Comparison
| Feature | Upbit | Currency.com |
|---|---|---|
Overall |
3.0 |
4.5 |
1 |
4.6 |
|
3.9 |
4.3 |
|
3.5 |
4.4 |
|
Investment Instruments |
1 |
3.8 |
Platforms and Charting Tools |
4.1 |
4.8 |
Deposit and Withdrawal |
3.8 |
4.9 |
Research |
4.0 |
4.4 |
Education |
3.6 |
4.7 |
Support |
3.7 |
4.6 |
Bonuses |
1 |
4.6 |
Upbit vs Currency.com: Pros and Cons
The Upbit crypto exchange is a premier trading and exchange platform that was launched in South Korea on 24 October 2017, under the assistance of their partnership with the American cryptocurrency exchange Bittrex. It allows you to exchange and trade Bitcoin, Ethereum, Litecoin, Tether, Ripple, and other renowned cryptocurrencies. Unfortunately, only the Singapore dollar (SGD) is represented as fiat money here. The exchange operates legally, is licensed, has a huge trading volume, and dynamic growth of economic indicators. The platform does not offer investment and partnership programs because the functionality of the trading terminal is completely set for exchange and trade. On top of the web version, there is a mobile application for iOS and Android devices. Another significant advantage is low fixed commission charges for trading operations.
Currency.com is a unique crypto platform for Bitcoin, Litecoin, Ethereum, and other assets trading. Traders have a lot of cryptocurrencies and tokens at their disposal, which can be freely transferred and converted, as well as exchanged for fiat funds. The exchange complies with International AML and KYC standards, offers narrow spreads and competitive commissions. There are affiliate and referral programs, as well as the possibility of investment in the company’s tokens and tokenized government bonds. There is mobile trading in addition to web applications. The platform is characterized by powerful analytical tools.
| Upbit | Currency.com | |
|---|---|---|
| Overall Pros | the intuitive interface of the author's trading terminal; | ability to trade tokenized shares, indices, commodities and currencies |
| all the primary functions for buying and selling are presented; | several dozen technical indicators for charts | |
| mobile trading with a built-in risk assessment system; | protection from negative balance | |
| the most renowned cryptocurrencies are traded on this exchange, there are pairs with fiat; | high transaction speed | |
| two-level authentication means top-tier security; | fully functional demo account | |
| up-to-date analytics on cryptocurrency market trends; | ||
| there is no evidence of fraud or unresolved conflicts. | ||
| Overall Cons | the exchange is focused on traders from the Asian region; | Only 31 supported coins |
| only the Singapore dollar is represented by fiat funds; | not the best trading fees | |
| there are no investment, partnership, or training programs. |
Upbit vs Currency.com: Safety and Regulation
| Regulated By: | Upbit | Currency.com |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
Hi-Tech Park (“HTP”) of Belarus, also it has registered legal entities in the US, Gibraltar and Saint Vincent and the Grenadines |
Upbit vs Currency.com: Trading Conditions
| Trading Conditions | Upbit | Currency.com |
|---|---|---|
Minimum Deposit |
$1 |
0,001 BTC , 0,03 ETH , 0.05 BCH or 0.1 LTC |
Trading Platforms |
Upbit |
Currency.com |
Max Leverage (Futures) |
44562 |
1-500 (just for international entity) |
Number of Markets |
182+ |
150 |
Trading Accounts |
1 |
2 |
Base Account Currencies |
Bank cards and accounts, electronic and cryptocurrency wallets |
USD, EUR, RUB, BYN + crypto |
Upbit vs Currency.com: Fees
Trading Fees
| Fee | Upbit | Currency.com |
|---|---|---|
Max Maker |
0 |
Crypto/Crypto - 0.2%, Crypto/ Tokenised currencies - 2% Tokenised assets (Shares, ETFs, Indices, Commodities): 0.05% Tokenised bonds: 0.03% Tokenised currencies: 0%** Companies tokens: 0% (buy), 1.5% (sell) |
Max Taker |
0.15% |
Crypto/Crypto - 0.2%, Crypto/ Tokenised currencies - 2% Tokenised assets (Shares, ETFs, Indices, Commodities): 0.05% Tokenised bonds: 0.03% Tokenised currencies: 0%** Companies tokens: 0% (buy), 1.5% (sell) |
Min Maker |
0 |
Crypto/Crypto - 0.2%, Crypto/ Tokenised currencies - 2% Tokenised assets (Shares, ETFs, Indices, Commodities): 0.05% Tokenised bonds: 0.03% Tokenised currencies: 0%** Companies tokens: 0% (buy), 1.5% (sell) |
Min Taker |
0.15% |
Crypto/Crypto - 0.2%, Crypto/ Tokenised currencies - 2% Tokenised assets (Shares, ETFs, Indices, Commodities): 0.05% Tokenised bonds: 0.03% Tokenised currencies: 0%** Companies tokens: 0% (buy), 1.5% (sell) |
Debit/Credit Card Purchase Fee |
Not supported |
Not supported |
Futures Trading fees
| Fee | Upbit | Currency.com |
|---|---|---|
Max Maker |
Not supported |
0.075% |
Max Taker |
Not supported |
0.075% |
Min Maker |
Not supported |
0.06% |
Min Taker |
Not supported |
0.06% |
Non-Trading Fees
| Fee | Upbit | Currency.com |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
3.5% - debit card deposit, others - free |
Bank Transfer Withdrawal Fee |
Not supported |
0.15% ( min 20 USD; max 200 USD; ) |
Debit/Credit Card Withdrawal Fee |
Not supported |
3% + 3 USD |
BTC Withdrawal Fee |
0.0009 BTC |
No |
Inactivity Fee |
No |
No |
Upbit vs Currency.com: Trading Assets
| Asset Name | Upbit | Currency.com |
|---|---|---|
Overall |
182+ |
150+ tokenised assets |
Bitcoin (BTC) |
No |
Yes |
Litecoin (LTC) |
No |
Yes |
Dogecoin (DOGE) |
No |
Yes |
Binance Coin (BNB) |
No |
Yes |
Uniswap (UNI) |
No |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
No |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
No |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
No |
Yes |
NFT |
Yes |
Yes |
Crypto ETF |
No |
Yes |
Upbit or Currency.com: Investment Programs
| Asset Name | Upbit | Currency.com |
|---|---|---|
Staking |
No |
No |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
individually customized investment portfolios |
Trading Platforms: Currency.com or Upbit
| Upbit | Currency.com | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
Trading Platforms Features: Currency.com or Upbit
| Upbit | Currency.com | |
|---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
no |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Currency.com or Upbit
| Upbit | Currency.com | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Currency.com or Upbit
| Upbit | Currency.com | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Currency.com or Upbit
| Upbit | Currency.com | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
No |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
Yes |
Upbit vs Currency.com: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Upbit | Currency.com |
|---|---|---|
Bank Transfer |
Yes (Only Deposit) |
Yes |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Upbit vs Currency.com: Research
| Research Type | Upbit | Currency.com |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
Yes |
Upbit vs Currency.com: Education
| Education Type | Upbit | Currency.com |
|---|---|---|
Demo-account/Paper Trading |
No |
Yes |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
Currency.com vs Upbit: Support
| Support Features | Upbit | Currency.com |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
No |
Yes |
Other |
No |
No |
Upbit vs Currency.com: Crypto Bonuses and Promo
| Promo | Upbit | Currency.com |
|---|---|---|
Crypto Bonus |
No |
Refferal bonus |
Affiliate Program |
No |
Currency.com offers two affiliate programs, a referral program for private traders and an affiliate program for businesses. The program for business involves the transfer of 40% of all commissions paid by your clients within 24 months. At the same time, customers of the business partner get a 12% discount on trading commissions. The referral program for private traders is as follows: Each user registered on the platform can get a personal referral link. The referral link is generated individually, so you can find it in your personal account, in the Referrals section. Each user who follows your link will generate an income of 50% of the service's trading commissions. Unlike most other cryptocurrency exchanges, Currency.com proficiently motivates referrals. Each user following the invitation (referral) link gets a 10% discount on all trading commissions. Discounts shall be applied permanently.v |
Top 5 Reviews on Currency.com
-
Comment
I earned in a month, withdrew and even managed to spend 3000 bucks with Currency.com. A real exchange that honestly withdraws money! I advise!
-
Comment
Today, Currency.com occupies high positions in the ratings and this is no coincidence. This company was able to prove that it provides favorable and unique conditions for cryptocurrency trading. I chose her, and for six months I have never regretted my choice.
-
Comment
When I wanted to get into cryptocurrency trading, most of the portals and acquaintances unanimously advised Currency.com. And after a while I can say that the broker is really thoughtful: you can first study the materials on trading, then try it on a demo, and then switch to a real account. Fortunately, verification does not take much time, and the deposit here is quite affordable. For starters, ok, although when the withdrawal was delayed, I was worried. It turned out that this is always the case with the conclusion. But there is a commission in Currency.com for both withdrawal and replenishment. This unpleasantly surprised me, but at the same time, I'm already used to Currency.com, the broker is personally verified by me, so I don't plan to work with other brokers for now.
-
Comment
Currency.com seems to have a good reputation. Reviews about Currency.com can be found everywhere. Basically, focusing on the reviews, I came to this company. Not perfect, but expectations and reality match here. I am not disappointed in the least.
-
Comment
I really like the fact that the minimum depot at Currency.com is small, everyone can afford to trade here. You can start with a small deposit and learn a little like that, and then you can increase the rates. The broker has not been verified by me yet, but I hope that everything will be ok)
Top 5 Reviews on Upbit
-
Comment
I am sure that you need to choose a cryptocurrency exchange yourself because everyone has their own goals. Before getting on Upbit, I tried a bunch of other trading platforms, but this one was perfect for me. Verification is simple, there is no minimum deposit on the site, and the terminal interface is classic, so you can deal with all the nuances even without the help of the support team. The mobile application is also convenient, I use it for trading when I go on business trips.
-
Comment
A cryptocurrency exchange is a place to trade and exchange digital currencies. Usually, there are investment programs, specialized software for mining, and affiliate programs that lure beginners. I simply do not need these gadgets, so I am 100% satisfied with the conditions at Upbit. This crypto exchange provides everything you need for simple and comfortable trading in Bitcoins, Ether, etc. The only pity is that communication with managers is organized exclusively through tickets. I don’t understand why such a progressive platform does not take care of its call center.
-
Comment
I expected more from this company, I was almost sure that everything is ok here. But I was wrong, the hole, like many in the crypto market, there is just a lot of pathos. There is no desire to disassemble in detail all the jambs that I have noticed, I can only say that it is not worth it.
-
Comment
I am ready to give Upbit the highest rating because there is no take profit, stop loss, or leverage for margin trading here. The exchange offers interesting conditions for professionals. The author's terminal has an intuitive interface and is equipped with all the necessary functions for comfortable trading. Commissions have already been calculated within the transaction (and it should be noted that exchange fees here are fixed for all assets). With the withdrawal of profit, everything is clear. Upbit does not fail.
-
Comment
Well, I'm not among the top supporters of the Upbit exchange. There are several drawbacks such as its narrow focus on the Asian market and its lack of comfortable trading conditions for newcomers — and these are only a part of its disadvantages. However, in fairness, it should be noted that there are also many advantages. First, it has an adequate commission policy. Exchange fees are fixed for major cryptocurrencies at 0.2%. The terminal works as transparently as possible and provides news, charts with indicators, analytics, etc. Trading is comfortable veteran traders. And it is also worth noting that there are generally no distracting frills that are not necessary for active traders such as mining and investment programs. This suits me just fine.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.