UPbit vs CEX.IO vs Gate.io
What problem does this service solve?
UPbit is the largest Korean trading exchange and is backed by Song Chi-Hyung, who is one of South Korea’s richest men. | CEX.io is a London-based exchange that was initially launched as a cloud mining pool. | Gate.io is an unregulated USA based crypto to crypto exchange. |
Token Stats
Not Relevant | Not Relevant | Not Relevant |
Company Description
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. | 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. | 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. |