Binance vs Cobinhood vs UPbit
What problem does this service solve?
Binance is one of the largest crypto exchanges. | Users can trade cryptocurrencies with no fees. | UPbit is the largest Korean trading exchange and is backed by Song Chi-Hyung, who is one of South Korea’s richest men. |
Token Stats
Not Relevant |
Company Description
Binance is the largest cryptocurrency exchange by trading volume. The large trading volumes and range of cryptocurrency pairs available for trading, make Binance one of the most influential companies in the blockchain field. The Binance Coin (BNB) gives holders a discount on trading. Binance is capable of processing 1.4 mil orders/second, has multi-language support – Chinese, English, Korean, Japanese and has all the major coins available – BTC, ETH, LTC, BNB etc. Binance's trading fee is 0.1%. | Cobinhood is a cryptocurrency exchange with no trading fees. Users can trade most of the major pairs, and a variety of other currencies. Cobinhood offers both both a centralized and a decentralized trading platform. In addition to their cryptocurrency exchange, Cobinhood also operates an ICO underwriting service, and they are releasing Zeux, which will be a crypto mobile payment and investment app. | UPbit is a Korean exchange that was launched in October 2017 by Song Chi-Hyung, who is one of South Korea’s richest men. His company, Dunamu, is the holding company behind UPbit, was originally an online news aggregator, but quickly pivoted into Fintech, where it has done very well. UPbit is geared almost exclusively towards the Korean market, and offers a large number of BTC and Korean Wong pairs. |