Bithumb vs Gate.io vs UPbit
What problem does this service solve?
Bithumb is a top 30 exchange and the largest exchange in South Korea. | Gate.io is an unregulated USA based crypto to crypto exchange. | 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 | Not Relevant | Not Relevant |
Company Description
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. | Gate.io is a crypto to crypto exchange based in the USA. It is an unregulated exchange and does not accept US clients. They offer one of the widest selections of tokens. Trading Fee: 0.2% Gate.io has received many negative reviews regarding difficulties withdrawing funds. | 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. |