Covesting vs UPbit vs Bithumb
What problem does this service solve?
Covesting is a cryptocurrency exchange with copy-trading features. | 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
Not Relevant | Not Relevant |
Company Description
Covesting is a cryptocurrency exchange that allows users to copy crypto trading behavior of other traders. The platform offers a range of currency pairs and has a native COV token, that gives holders a 50% discount on trading fees, and is also used as a bonus system for traders whose activity is copied. | 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. |