Upbit History

Upbit opened its virtual doors to customers for the first time in October 2017 and positioned itself as a powerful, innovative cryptocurrency trading platform in South Korea. Since then, Upbit has grown rapidly to become one of the leading cryptocurrency exchanges not only in the domestic market but also in the international market. Basically, the history of Upbit is organically included in the development of a cryptocurrency market both in Asia and the whole world. It reflects how dynamic the development and adaptation of the company are to the changing demands and opportunities of the industry.

Early years and foundation

Upbit was founded by a South Korean fintech startup, Dunamu Inc., previously known for the development of the mobile application StockPlus, a popular choice used to trade stocks. Using its experience in financial technology, Dunamu launched Upbit, claiming an objective of providing a secure and easy-to-use platform for trading with most cryptocurrencies. Teaming up with the US cryptocurrency exchange Bittrex for the first time, users of Upbit were given the opportunity to work with a record variety of trading pairs.

Rapid growth and expansion

In fact, with its user-friendly platform, a high level of security, and wide varieties of available cryptocurrencies, Upbit quickly gained the trust and favor of South Korean traders. Within a few months after its establishment, Upbit reached substantial trading volumes that launched it to a leading position among cryptocurrency exchanges in South Korea.

Other key growth drivers that prompted Upbit’s growth are its efforts towards innovation and diversification of portfolio products. In addition to the common spot trading, Upbit provided access to users for the availability of staking and DeFi as advanced financial tools, thus strengthening its position as a comprehensive cryptocurrency transaction platform.

Overcoming challenges

Similar to most other cryptocurrency marketers, Upbit has its fair share of regulatory and security issues. In 2019, Upbit became a victim of a hacking attack due to which some users lost money. However, the company has repaid the losses entirely from its resources and enhanced its security so that such incidents may not happen in the future.

International expansion

Capitalizing on the global cryptocurrency space, Upbit was slowly breaking out of its strong position in South Korea. The cryptocurrency exchange opened international versions of its service, giving traders an alternative platform that gave access to other areas around the world, such as Southeast Asia. This opened up channels for Upbit to attract fresh users and establish itself as a leading global cryptocurrency exchange.

The story of Upbit is one of innovation, growth, and adaptation to the ever-evolving cryptocurrency landscape. Since its inception in 2017, Upbit has overcome countless challenges in its journey to become one of the world’s premier cryptocurrency exchanges. With a belief in quality and security services, Upbit continues to enjoy a prime position in the digital assets industry, offering users a chance to have access to a wide array of cryptocurrencies and innovative financial products.

How to cash out on Upbit

The withdrawal from the Upbit cryptocurrency exchange requires being conscious of each step taken in carrying out a safe and efficient transaction. Being one of the largest virtual currency exchanges in South Korea, Upbit offers an intuitive, secure interface to both handle cryptocurrency and fiat assets easily. Here is a step-by-step explanation of how to withdraw money in both cryptocurrency and fiat money from Upbit.

Login to your Upbit Account

Log in to your account on Upbit. Of course, make sure you are in a secure connection and that your access to the platform is secured.

Navigate to the Withdrawal Section

Once logged in, go to funds management or directly to the withdrawal section. In the case of Upbit, it might be worded as “Withdrawal,” and it will depend on the interface language used.

Select the desired cryptocurrency to withdraw

Click on the desired cryptocurrency to be taken out and specify a wallet address to which the funds will be forwarded. Make sure you are inputting a correct wallet address since on the blockchain, all transactions are irreversible.

Filling in the amount to be withdrawn

Fill in the amount of crypto coin you need to withdraw, taking into consideration that you should have some extra in order for the commission of the transaction to appear on screen.

Confirm the transaction

After having filled in all the data, it will be necessary to confirm the transaction with two-step authentication or whatever confirmation method Upbit has made available.

Fiat money withdrawal

Fiat Withdrawal Option Selection

To withdraw fiat, a corresponding option should be selected in the withdrawal section. Then, a bank should be chosen and bank account details should be entered if not previously provided.

Input the amount to withdraw

Enter the amount you want to withdraw in fiat currency. Take a note of the minimum and maximum withdrawal limits as well as the fees that might be applicable for the transaction.

Confirm and execute the transaction

Follow on-screen confirmations to confirm the transaction. Additional confirmation of the transaction might be required through your mobile bank or via SMS notification.

Concluding remarks

When it comes to withdrawals on Upbit, one has to consider the processing time, given that asset type and network load in general are critical factors. In this respect, regular scrutiny of the relevant regulatory updates and changes in the withdrawal policy of the platform is preferable. By following this manual and tips, one can safely and effectively perform asset management on Upbit.

How to Open an Account on Upbit

The steps for opening an account with Upbit-a major cryptocurrency exchange in South Korea-are a key starting point for those looking to dive into cryptocurrency trading. It has put in place an easy-to-navigate registration process at Upbit, along with high standards in terms of security and regulatory compliance. In this article, we will closely examine the process of opening an account in Upbit right from the initial step of registration to account verification.

Creation of an Upbit account is a pretty simple process, taking into consideration the wide range of services and opportunities opening for cryptocurrency trading. The account, following the above steps, will be safer and more secure to let you fully profit from all the benefits included in the full service package of the Upbit crypto exchange.

How to deposit Upbit

Depositing at cryptocurrency exchange Upbit: basically, a deposit is essential to get started with your journey of trading cryptocurrencies as well as carrying out a variety of financial transactions across the marketplace. The choice of best exchanges belongs to South Korea, which promises users that they will enjoy a convenient and, at the same time, secure way of funding through both cryptocurrency and fiat money. In this article, we go in-depth into the process of depositing at Upbit, which comprises all the processes to be followed along with some handy tips.

Log in to your Upbit Account

Log in to your Upbit account, first thing. If you do not have an account yet, you will have to undergo the registration and verification process as described in the previous article.

Click deposit

Sign in to the exchange and search for a heading such as “Wallet” or “Deposit”. Under this section, you can manage your funds-how much cryptocurrency and fiat money you have deposited and withdrawn.

Cryptocurrency Deposit

Select the type of cryptocurrency being deposited.

Under the deposit section, you will be allowed to select the cryptocurrency being deposited into your account. Upbit does offer quite an adequate amount of cryptocurrencies. Therefore, you will need to select the correct currency out of the options available.

Generation of Wallet Address

Once you have selected your cryptocurrency, the system will provide a unique wallet address for your deposit. This address shall be utilized to transfer funds from your external wallet or other exchange accounts into the Upbit account.

Deposit the Funds

With the address generated, proceed to make a transfer from an external wallet to your account on Upbit. Note that the address details must be correctly checked against any transactions you may want to confirm because misdirected funds cannot be recovered.

Fiat Money Deposit

Deposit Method Selection

Select your preferred deposit method to deposit fiat on the Upbit exchange. It might be a bank transfer, among others depending on your region and choice of currency.

Specify Bank Details

Populate the bank details and the amount of deposit as instructed on the trading platform. Ensure that there will be no mistake in filling in all the details to avoid delay or problem in crediting funds.

Confirm the transaction

Fill in all the information above, confirm the transfer, and dispatch the funds to the bank details provided. Once the transfer has been processed, the amount will be reflected in your account balance on Upbit.

Follow all the instructions very carefully and confirm your data to deposit safely and successfully into Upbit. Take the time to understand what fees and limits may apply with different deposit methods.

Following these steps, one will be able to fund their account with both cryptocurrency and fiat money safely and securely, opening complete access to the wide trading opportunities on this leading cryptocurrency exchange.

What currencies does Upbit accept

Upbit is one of the topmost companies in South Korean cryptocurrency exchange, though it’s still extending its reach to the international market. It has various types of currencies which users can trade with. This therefore, makes it one of the most flexible platforms of investment and trading in the world of cryptocurrencies. This article shall look at the types of currencies available in Upbit; both cryptocurrencies and fiat money.

Cryptocurrencies

Upbit gives access to a wide range of cryptocurrencies, from popular to rather exoteric altcoins. Among them are:

Bitcoin (BTC): As the first and most well-known cryptocurrency, Bitcoin appears on most cryptocurrency exchanges, including Upbit.

Ethereum (ETH): The second-largest digital currency by market capitalization, Ethereum is designed to be a platform to develop DApps and smart contracts.

Ripple (XRP): This virtual currency and technology from the payment network are extremely popular among financial institutions due to international transfers.

Litecoin (LTC) and Bitcoin Cash (BCH): Both currencies are developed as faster and more efficient alternatives to Bitcoin concerning transaction time and fees.

Furthermore, Upbit supports an extensive variety of other altcoins and tokens, thus giving traders the chance to diversify into fresh investment opportunities within the dynamic cryptocurrency space.

Fiat currencies

Unlike some cryptocurrency exchanges that deal with cryptocurrencies alone, Upbit provides a channel for deposit and withdrawal of funds in fiat currencies. The major fiat currency in use on Upbit includes:

South Korean won (KRW): Considering the fact that Upbit operates in South Korea, it offers direct trading of KRW with a variety of cryptocurrencies directly, especially for locals.

Upbit has a variety of currencies that can be used to diversify investments and manage them in a more active manner towards ever-changing market trends. These various cryptocurrencies can enable traders to be involved in a broad set of trading activities, ranging from long-term investment in established currencies to speculating on newer and highly volatile tokens.

Upbit positions itself as a leading crypto exchange, and to its users, this platform is an excellent chance to work with a huge variety of cryptocurrencies and all kinds of fiat money options. Such variety of currencies presented in Upbit serves not only for the convenience and flexibility of traders but also expands the global community of cryptocurrencies, enabling investors from different countries to contribute effectively to the market of cryptocurrencies.

In which countries the exchange Upbit is registered

Upbit Exchange is among the largest cryptocurrency exchanges on the international market, offering huge services related to trading in digital assets. Since its foundation, Upbit has rapidly expanded its presence and entered markets in several other countries. This article will take a look at which countries the exchange Upbit is registered in and what the peculiarities of its work are in each of those countries.

South Korea

Upbit exchange is based in South Korea. It was founded here back in 2017 and quickly gained popularity among traders due to its friendly interface, high level of security, and a wide range of available cryptocurrencies. Moreover, the exchange is among the largest ones in the country in terms of trading volume.

United States of America

In the United States, the exchange operates under the brand Upbit USA Inc. and opens its users to an immense variety of cryptocurrency assets. However, since the regulatory environment in the United States is very strict, Upbit follows all requirements and regulations, including those dealing with KYC/AML policies.

Indonesia

It has entered Indonesia as PT Upbit Exchange Indonesia and provides digital cryptocurrency trading services in Indonesian rupiahs to its users. This is a strategic move by the company to expand into Southeast Asia amid rapid growth in interest in cryptocurrencies within the region.

Singapore

Singapore, with its friendly regulatory environment for crypto firms, is another key market for Upbit. The exchange, in compliance with local laws and regulations, allows traders in the country to trade a number of different digital assets.

Thailand

Upbit continued to expand its global presence by establishing an office in Thailand as well. In the country, the exchange offers to trade a wide diversity of cryptocurrency pairs, including both popular coins and tokens. An operation in Thailand implies following the local legislation in relation to the cryptocurrency market.

Common features and unique characteristics

In addition to the broad variety of cryptocurrency assets, it is the level of security Upbit offers that attracts users: multi-factor authentication and holding most of the users’ funds in cold wallets.

Moreover, the company is in pursuit of being in compliance with all the local laws and regulations within the countries of its operation, hence making it one of the most trusted and respected exchanges internationally. Further, Upbit tries to improve user experience by providing very easy-to-use mobile apps and multi-language support.

In other words, Upbit continues to grow its influence in the world of cryptocurrencies through a secure and safe avenue in the trading of digital assets for fiat money. Through a strategic approach towards global expansion and proving to be compliant with the requisite demands for regulation in different jurisdictions, consolidating its position as an international cryptocurrency exchange.

What does the Upbit exchange offer

Founded in South Korea but rapidly becoming famous all over the world, the Upbit exchange covers a wide array of services offered. Reliability, security, and fresh ideas helped this exchange win users’ hearts in no time. In the given article we will have a closer look at what services Upbit provides and what is unique about it compared to other cryptocurrency exchanges.

Having said that, with great services, Upbit develops to be one of the most versatile and reliable exchanges in the cryptocurrency market. In the end, because it paid much attention to security, user experience, and innovation, Upbit would make a name for attracting both the absolute beginners and active traders who are willing to plunge into the world of cryptocurrencies.

How the Upbit exchange works

The Upbit Exchange is currently one of the biggest and most powerful cryptocurrency trading platforms, enabling users to work with the global cryptocurrency market in every respect. Although it was established as a national exchange in South Korea, the exchange soon began to grow into an international service provider. In this article, we describe how the Upbit exchange works, taking into consideration both technological and principle bases.

Account registration and verification mark the initial steps to getting started with Upbit, where users can provide basic information about themselves and go through a KYC process by uploading documents for identity verification. This is necessary for assurance in both regulatory compliance and security within the system.

The trading interface of Upbit is characterized by convenience and an intuitively understandable structure after registration. It is easy for traders to look through the current quotation of cryptocurrencies, charts of their change in prices, and use various tools for market analysis. The trade is carried out with the help of placing orders for buying or selling cryptocurrencies at a certain price. Upbit allows the usage of different types of orders, such as limit, market, and stop orders, thanks to which one can realize different trading strategies.

Security

On the exchange Upbit, much attention is paid to security. Advanced technologies for data encryption and authentication are used on the site: two-factor authentication and SSL encryption. The lion’s share of users’ funds is stored on cold wallets, which minimizes risks in case of cyber attacks. Also, from time to time, Upbit conducts security audits with the participation of external experts.

Trade Fees and Commissions

Upbit levies trading commissions depending on the user’s trading volume. As a rule of thumb, commissions have been competitive and adequate for other major exchanges. Deposit and withdrawal fees may also be levied by the platform and depend upon the method and currency chosen.

Extra Services

A few other extra services and features are available through the main exchange of Upbit. These include the following:

• Cryptocurrency Staking: By interest accrued in storing certain cryptocurrencies in their accounts, users derive interest.
• API for Developers: Upbit provides a powerful API to automate trading and integrate third-party applications.
• Educational Resources: The exchange truly offers a lot of guides, analysis articles, and tutorials in order to enhance the knowledge of its users in cryptocurrencies.

Upbit is an all-in-one cryptocurrency exchange concentrated on qualitative, safe service provision to its clients. Due to its intuitive interface, great variety of trading tools available, and strict security measures taken, Upbit is attractive for beginners and professional traders all over the world.

Pros and cons of Upbit

Upbit exchange is one of the giants in cryptocurrency trading and is aimed at different types of services for digital assets. The venue is really big and has its positive and negative sides that influence the choice of traders and investors. Later in the article, we will take a closer look at the pros and cons of Upbit to make sure readers get a full vision of how this exchange works.

Upbit is one powerful cryptocurrency trading platform, allowing users to trade a wide range of assets with a high level of security and ease. At the same time, much like any exchange, Upbit has weaknesses, including regulatory restrictions and possible limitations toward international users. When choosing a cryptocurrency trading exchange, one needs to consider the cons of a particular exchange against the pros that make it the best fit for one’s needs and trading strategies.

The cost of services on Upbit

As one of the largest cryptocurrency exchanges in the world, the exchange of Upbit attracts users with its huge possibilities and tools for the exchange of digital assets. Knowing the fee policy of Upbit is important for traders and investors who want to increase earnings and reduce expenses. This article will explore in detail the commission structure, among other related costs at Upbit, that help provide an in-depth understanding of the cost of trading on this exchange.

Trading commissions

Trading commissions are a major source of the costs one has to incur when using the Upbit exchange. It uses a volume-based model, with commissions varying depending on the type of transaction-market order or limit order-and trading volume over a certain period.

Generally speaking, the commissions to trade on Upbit are quite competitive and comparable with other large exchanges. For more accurate information about current commission rates, refer directly to official sources of Upbit because they may change depending on market conditions and/or company policy.

Fees for deposit and withdrawal of funds

Apart from the trading fees, Upbit charges its users for the deposits and withdrawals. In all the deposit methods available at this exchange, normally no fee is cut, or their fees are around the minimum value. However, the fees for withdrawal depend on the type of currency to be used, fiat or cryptocurrency, depending on the means of withdrawal.

The fees of cryptocurrency withdrawal are usually fixed, depending on a particular cryptocurrency. That is because the exchange needs to pay blockchain transaction fees too. Speaking of fiat withdrawals, the size of a fee sometimes may depend on the bank or payment system chosen.

Steak and other services

Upbit also provides certain cryptocurrency staking services, allowing interest over the principal sum owned by the customer. Note that in some cases, the exchange may charge commissions for participating in steaking programmes. The fee structure varies depending on the particular terms and conditions of a steaking program.

Hidden costs and restrictions

Besides, it is important that the users consider one possible additional cost: the spread, the difference between the prices of purchase and sale, and the eventuality of sliding, if any movement of prices happens at the moment when an order is being executed, that could increase the final cost of the trade.

Note that the commission and fee structure on Upbit might change, regarding market conditions or strategic decisions taken by the exchange. Trading or using any services before having full acquaintance with the most recent information about commissions and fees on the official website or using their mobile app is highly advisable to avoid unexpected costs and further optimize your trading strategy.

How customer security is ensured on the part of Upbit

Security for customers and their funds is a priority for Upbit, one of the largest cryptocurrency trading centers in the world. Living in an environment where there is a real threat to cybersecurity and fraud, Upbit deploys several layers of security to protect user assets and data. How does Upbit secure its customers through various technologies and protocols? Let’s get into detail in this article.

Customer security for Upbit is a priority, and the exchange does all it can to secure users’ assets and data. Multi-factor authentication, withdrawal of funds to cold wallets, advanced encryption of data-a regular security audit, and active user education make Upbit one of the safest places to trade cryptocurrencies today.

Does Upbit provide a bank card?

Upbit Exchange does not directly provide users with a bank card. Upbit is one of the largest crypto exchanges specialized in various cryptocurrencies trading, safety, and usability for traders and investors from all over the world.

While Upbit, among other crypto exchanges before this day, could offer direct cryptocurrency trading and storage, staking, and other financial products with digital assets, some of the crypto platforms had just recently started extending their services to everyday uses by offering bank cards that can be used directly to spend cryptocurrencies for purchases. Upbit did not have in its portfolio such a service.

Upbit does not issue bank cards; instead, it develops the core and offers new cryptocurrency solutions: improves the user interface, provides a high level of security of users’ funds and personal data, and extends the list of available cryptocurrencies for trading.

However, the cryptocurrency industry is very dynamic, and companies constantly announce new products and services. Therefore, in case Upbit decides to offer a bank card in the future, this move will be included in the strategy of the company for the expansion of the financial instrument range for its users. Such a card could become some kind of bridge between the traditional financial world and the crypto sphere, offering even more flexibility and comfort for traders and investors.

For the most recent information on what Upbit has to offer, including bank card availability or other new financial derivatives, make sure to check on the official website of Upbit or ask the support team of the exchange. It is also worth monitoring updates on official social networks and forums because the company may publish new services and enhancements for users there.

What is the legal name of the company Upbit?

One of the world’s largest cryptocurrency exchanges, Upbit is officially known as Dunamu Inc. Dunamu Inc. was founded in South Korea and started its early days as a financial technology start-up. Now, it grew over time and into an extended enterprise in major cryptocurrency exchange.

History and Development of Dunamu Inc.

Dunamu Inc. was established in 2012, but up until then, it focused on developing mobile apps and providing financial services. But the company finally reached the pinnacle of its fame with the launch of Upbit in 2017. Since then, this intuitive interface, wide range of available cryptocurrencies, and security level have very quickly made Upbit among traders and investors.

Success is rooted in the very foundation of innovation and quality of service that Dunamu Inc. has offered its clientele. Presently, the company is investing in R&D for new technologies in the field of blockchain and cryptocurrencies, investing in the security and stability of its platforms. Dunamu Inc. is also recognized by its work in the field of cryptocurrency trading empowerment through innovative solutions for all classes of investors and traders.

One of the bright features of Dunamu Inc. is cooperation with other financial and technology companies that include participation in different partnership projects aimed at the promotion of blockchain technology and cryptocurrencies at the global level. It is also actively participating in education projects and promotion initiatives about cryptocurrencies and blockchain.

Dunamu Inc., which operates the exchange Upbit, deeply cares and is innovative with regard to security in the fast-developing world of cryptocurrencies. Considering that Dunamu Inc. is already a legal name that has become synonymous with reliability and quality in this sphere, it further expands its influence and contribution to the digital economy at large. Building on this strength and further leveraging this innovative approach, the company will be well-placed to facilitate even easier access to cryptocurrency markets and ensure substantial contribution to their development.

 Who is the owner of the creation of Upbit exchange?

Upbit exchange is one of the largest and widest cryptocurrency platforms in South Korea, and it was created by a company named Dunamu Inc. The huge success and popularity of Upbit since its founding in October 2017 have been with none other than Sirok Kim, well-regarded as the founder and CEO of Dunamu, a company titled Song Chi-Hyung. With in-depth knowledge in technology and entrepreneurship, he has played a prime role in the development of Upbit and its growth to a leading position among the crypto exchanges in the world.

History and Founding of Upbit

By the time he opened Upbit, Sirok Kim had already become a prominent entrepreneur by establishing different tech and financial startups. His firm Dunamu was primarily recognized for StockPlus, a mobile investment service that allowed many South Koreans to finally take part in the equity market. Riding on the wave of opportunities created by blockchain technology and cryptocurrencies, Kim decided to make his step into this new field as well. So Upbit came into being.
Development and success of Upbit
Upbit had developed just in a few months after its opening and became one of the biggest cryptocurrency trading volume sites in South Korea. The main reasons for such prosperity were the user-friendly and at the same time intuitive design, the large number of available cryptocurrencies, but most importantly-reliability.

With its commitment to security and user convenience, along with active cooperation with worldwide partners including the US exchange Bittrex, Upbit has managed to enable trading for users through a wide range of cryptocurrency pairs. The company has further reinforced the positions in the market.

Contribution of Sirok Kim to the cryptocurrency world

Sirok Kim is one of the most important figures in South Korea’s cryptocurrency landscape, and his contribution to the development of this sphere is hard to overestimate. Under his guidance, Upbit reached huge success in the domestic market but also was actively expanding its presence in the international arena as an ambitious global player in the world of cryptocurrencies.

It is because of this entrepreneurial acumen and innovative approach that Upbit had ever been conceptualized and reached such an extraordinary level of success. The vision of Sirok Kim to use blockchain and cryptocurrencies in order to change the way the financial industry works has contributed a lot to the state-of-the-art development of Upbit as one of the most leading exchanges in the world. Under his guidance, Upbit has continued with the introduction of new technologies to stay ahead of other exchanges and make constant improvements in user experience.

 Where does Upbit have a license

Upbit is one of the biggest virtual currency platforms and is based in South Korea. It is widening its presence in the international virtual currency market with high speed. Obtaining licenses in various countries occupies an important place in its globalization strategy, which is helping not just to legalize activities in these regions, but it helps gain trust among users and investors. In this article, we will look at which countries Upbit has obtained licences in and what features of cryptocurrency regulation exist in these regions .

Licenses in numerous countries underpin the commitment of Upbit to enhancing its global presence through qualitative service development corresponding to the requirements and regulations of the locals. This secures the company strongly in the international market and at the same time gives additional safety and security guarantees to the customers. Regulation regarding cryptocurrency operations in various countries is under continuous development, where Upbit is expected to further seek every opportunity for new licenses toward expanding its influence into other regions.

Dunamu Inc. continuously sets a progressive pace in South Korea’s Fintech industry through the provision of state-of-the-art solutions and services to its customers. Emphasizing development and innovation, the company is further consolidating a position of importance in regional financial market development and in the global financial technology sector.

This paper will overview the operations, history, key products and services of Dunamu Inc., and its contribution to the financial technology market in South Korea.

Upbit Singapore Pte. Ltd.

Upbit Singapore Pte. Ltd. is a Singapore-based subsidiary of the South Korean cryptocurrency exchange Upbit. The following paper reviews the main features of the company, its role in the local crypto market of Singapore, and the services provided.

History

Overview of Upbit Singapore Pte. Ltd.

Upbit Singapore Pte. Ltd. was envisioned to provide unparalleled services in cryptocurrency trading in Singapore. It is licensed and regulated by the Monetary Authority of Singapore, a factor that greatly contributes to the safety of the clients.

Services and Products

Among the services that one can expect from Upbit Singapore is, but not limited to:

• Trading Cryptocurrencies: It permits trading on its website, using different pairs of cryptocurrencies.
• Security Asset Storage: Upbit Singapore employs state-of-the-art storage technology and extra layers of security measures for storing the client cryptocurrency assets.
• Analytics and Education: The platform permits its users to view analytics regarding a wide range of topics and also provides teaching materials to assist users in making better decisions with regard to these cryptocurrencies.

Regulation and Safety

Upbit Singapore insists on strict adherence to regulatory requirements, using high standards for safety. The company uses advanced encryption and data protection technologies in order to secure the privacy and safety of its customers.

Partnerships and Co-operation

Upbit Singapore is aggressively collaborating with other companies and organizations in the cryptocurrency and blockchain technology industries for further business development and the creation of new opportunities for customers. Partnerships help a company stay in the leading positions of the industry.

Upbit Singapore Pte. Ltd. regards the cryptocurrency market in Singapore very highly, which has been showing an exemplary role since its foundation in providing top-notch trading and safekeeping services of digital assets for its customers. The continuation of business based on strict compliance with laws and regulations, building a high level of security, has earned users’ trust and enabled further business development.