BitForex vs UPbit vs Bithumb
What problem does this service solve?
BitForex is a large exchange with a large variety of currency pairs. | UPbit is the largest Korean trading exchange and is backed by Song Chi-Hyung, who is one of South Korea’s richest men. | Bithumb is a top 30 exchange and the largest exchange in South Korea. |
Token Stats
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Company Description
BitForex is a cryptocurrency exchange with headquarters in Singapore. BitForex also has several offices in other countries. It is one of the larger exchanges by trading volume and offers a large variety of trading pairs. Trading and withdrawal fees are similar other exchanges. | 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. | Bithumb is the biggest Korean crypto exchange. It is a top 30 exchange by trading volume and it is one of the most significant blockchain companies in South Korea. In June, 2018, Bithumb was hacked and around $870,000 in bitcoin were stolen from customers. |