Korbit

Q: How does Korbit differ from other centralized exchanges?

Korbit distinguishes itself with a 24h trading volume of $7.13M. Ranked #207 among CEX platforms on DEXCEX.

Q: What is Korbit's 24h trading volume?

Korbit has a 24-hour trading volume of $7.13M, a -39.61% change from the previous day. The 7-day volume is $47.54M and the 30-day volume is $208.92M.

Q: How many trading pairs does Korbit support?

Korbit supports 193 trading pairs across 194 listed coins.

Q: What are Korbit's trading fees?

Fee information for Korbit varies by trading pair and user tier. Check the official fee schedule for current rates.

Q: What is the difference between a DEX and a CEX?

A DEX lets users trade crypto directly from their wallets via smart contracts with no central authority. A CEX acts as a middleman, holding user deposits and matching orders centrally. Korbit is a CEX.

Q: How much web traffic does Korbit receive?

Web traffic data for Korbit is currently not available on DEXCEX.

Q: What is Korbit's liquidity score?

Korbit has a liquidity score of 460.0 out of 1000. Higher liquidity means tighter spreads and less slippage.

CEXRank #207

Launched: 2013-07-25

Website Fees

Volume 24h

$7.13M

Volume 7d

$47.54M

Volume 30d

$208.92M

Vol. Change 24h

-39.61%

Trading Pairs

193

Coins Listed

194

Monthly Visits

—

Weekly Visits

—

Best Referral Code

N/A

Liquidity (24h)

$460

Traffic Score

670

Maker / Taker Fee

N/A

Korbit Trading Volume History

Daily 24h volume snapshots collected by DEXCEX

Latest

$7.13M

Avg

$12.59M

Range

$5.35M – $29.39M

Period change

-12.10%

Trade on Korbit

Access 193 trading pairs across 194 coins directly on Korbit.

Top trading pairs on Korbit

Showing top 15 of 193 live pairs by 24h trading volume.

#	Pair	Price	Volume (24h)	Share	Type
1	USDT/KRW	$0.988868	$3.11M	43.48%	spot
2	XRP/KRW	$1.1355	$1.39M	19.45%	spot
3	SPACE/KRW	$0.006508	$945.59K	13.21%	spot
4	BTC/KRW	$63,318.96	$603.20K	8.43%	spot
5	ETH/KRW	$1,713.99	$423.12K	5.91%	spot
6	WLD/KRW	$0.609027	$166.64K	2.33%	spot
7	SOL/KRW	$70.6147	$107.65K	1.50%	spot
8	XLM/KRW	$0.211713	$96.48K	1.35%	spot
9	USDC/KRW	$0.989522	$70.43K	0.98%	spot
10	HYPE/KRW	$69.3058	$46.50K	0.65%	spot
11	DOGE/KRW	$0.082787	$46.01K	0.64%	spot
12	FIL/KRW	$0.779445	$28.61K	0.40%	spot
13	CFG/KRW	$0.224082	$12.84K	0.18%	spot
14	TRX/KRW	$0.320940	$8.14K	0.11%	spot
15	FLOW/KRW	$0.028030	$7.39K	0.10%	spot

About Korbit

What Is Korbit? Korbit is a South Korean exchange, one of the oldest and largest in the industry

The platform claims to provide its clients with beneficial terms of cooperation, competitive fees, access to popular cryptocurrency markets, secure asset management, and a trading API that supports automated trading. The centralized exchange is convenient for both beginners and skilled users. However, for international traders, the experience can be challenging as the platform is aimed at local players in the South Korean crypto market. It also grants access to ETH 2.0 staking and a NFT marketplace. Another feature is Korbit's virtual asset reward service aka Korbit piggy bank. Korbit allows customers to use the local currency, Korean Won (KRW), for crypto transactions. The exchange provides a low entry threshold, a set of basic tools and functions for technical analysis, and a well-established trading terminal in the browser. The site has an optimized and comfortable interface. Throughout its existence, the platform has reportedly never been hacked. It has a modern and advanced security system, and logins/withdrawals/deposits are protected by 2-factor authentication.

Who Are the Korbit Founders? Korbit was created by Tony Lyu, Kangmo Kim, and Louis Jinhwa Kim in 2013

Tony Lyu is the co-founder and former CEO of the company. He also co-founded the TIDE Institute and Upstart. Lyu graduated from the University of London where he studied Financial Economics. He worked at the Korea International Cooperation Agency as an International Cooperation Agent and at the United Nations Office for Outer Space Affairs as an Associate Expert. After leaving Korbit, Lyu joined SoftBank as a Venture Partner. Oh Se-jin is Korbit's current CEO.

When Did Korbit Launch? The company was established back in July 2013

In 2017, it was acquired by Korean game developer Nexon.

Where Is Korbit Located? Korbit is headquartered in Gangnam-gu, a district in Seoul, South Korea.

Korbit Restricted Countries The exchange is available only to South Korean residents since the interface language is Korean, and the main fiat currency is KRW

In 2022, Korbit and several other Korean exchanges blocked Russian IP addresses.

What Coins Are Supported on Korbit? Initially, Korbit's activity was limited to BTC/KRW trading, but over time, the project expanded the asset base

Currently, the platform provides access to various cryptos, among them: BTC, ETH, XRP, XLM, BCH, BNB, EOS, LTC, LINK, FIL, SOL, SAND, MANA, USDC, ADA, DOGE, DAI, DOT and many others. Digital assets are paired with KRW (the Korean Won).

How Much Are Korbit Fees? Users can buy/sell cryptocurrencies with commissions below the market average

Trading fees depend on the trading volume for a period of 30 days. The higher the volume, the lower the commission. The maker fee is 0.08%, while the taker fee is 0.2% (in case the volume is less than 100 million KRW). If the monthly trading volume is more than 100 billion KRW, the maker fee is free, the taker fee is 0.01%. Deposits on the Korbit exchange are free. The platform charges a fee for withdrawing BTC, which is 0.0001 BTC.

Is It Possible To Use Leverage or Margin Trading on Korbit? [Margin trading](https://coinmarketcap.com/alexandria/glossary/margin-trading) is not available.

Supported Fiat Currencies

KRW

Korbit in the CEX Ranking on dexcex.io

Korbit is tracked in the CEX Ranking on dexcex.io alongside every other major centralized exchange. It currently sits at #207 in our CEX Ranking based on 24h trading volume, exchange score, liquidity and web traffic.

Compare Korbit's 24h volume and fees against other top venues in the CEX Ranking on dexcex.io, then check how its listed assets perform inside the crypto rankings to spot which markets are driving its volume.

dexcex.io combines the DEX Ranking, the CEX Ranking and full crypto rankings in one portal, so you can move from this Korbit profile straight into the broader market context without leaving the site.

Frequently Asked Questions about Korbit

What is Korbit and is it a DEX or CEX?

Korbit is a centralized exchange (CEX), launched on 2013-07-25. As a CEX, it acts as an intermediary matching buyers and sellers with order books and custodial wallets.

How does Korbit work?

Korbit operates as a centralized exchange where users create an account, deposit funds (crypto or fiat), and place buy or sell orders through the platform's order book. The exchange matches orders between buyers and sellers and holds user funds in custodial wallets. Korbit currently offers 193 trading pairs across 194 listed cryptocurrencies.

How does Korbit differ from other centralized exchanges?

Korbit stands out among CEXs with a 24-hour trading volume of $7.13M. It is currently ranked #207 among CEX platforms on DEXCEX. Key differentiating factors for CEXs include fee structure, number of supported assets, trading products (spot, futures, margin), regulatory status, and security measures.

What is Korbit's 24h trading volume?

Korbit currently has a 24-hour trading volume of $7.13M, which has changed by -39.61% compared to the previous day. The 7-day volume is $47.54M and the 30-day volume is $208.92M. CEX volume is a key indicator of exchange liquidity and activity.

How many trading pairs does Korbit support?

Korbit currently supports 193 trading pairs across 194 listed coins. More trading pairs generally means more options for traders to diversify their crypto portfolio.

What are Korbit's trading fees?

Detailed fee information for Korbit may vary by trading pair and user tier. Check the exchange's official fee schedule for the most up-to-date rates.

Where does Korbit rank among CEX exchanges?

Korbit is ranked #207 in the CEX ranking on DEXCEX based on trading volume, liquidity score, web traffic and other key metrics.

What is the difference between a DEX and a CEX?

A DEX (decentralized exchange) lets users trade crypto directly from their wallets via smart contracts — there is no central authority holding funds. A CEX (centralized exchange) acts as a middleman, holding user deposits and matching orders through a centralized order book. DEXs offer self-custody and transparency, while CEXs typically provide faster execution, fiat on-ramps, and more advanced trading products. Korbit is a CEX, providing a managed trading environment with additional features.

How much web traffic does Korbit receive?

Web traffic data for Korbit is currently not available. Visit DEXCEX regularly for updated exchange statistics and CEX ranking data.

What is Korbit's liquidity score?

Korbit has a liquidity score of 460.0 out of 1000. A higher liquidity score means tighter spreads, less slippage, and better execution for traders. Liquidity is one of the most important factors when choosing a centralized exchange.

Is Korbit safe to use for crypto trading?

Korbit is listed on DEXCEX. As a centralized exchange, security depends on the platform's infrastructure, insurance funds, and regulatory compliance. Always enable two-factor authentication and withdraw large holdings to personal wallets. DEXCEX provides data and rankings but does not endorse any specific exchange.