CEX.IO vs Cobinhood vs UPbit
What problem does this service solve?
CEX.io is a London-based exchange that was initially launched as a cloud mining pool. | 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 | Not Relevant |
Company Description
CEX.io is a British company that changed its focus from mining into becoming a cryptocurrency exchange. CEX has made an effort to add many coins, and boasts of fill-or-kill (FOK) orders that allow for some of the industry’s fastest trading, but it has a poor record on privacy and transparency that should give pause to traders. | 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. |