UPbit vs Huobi vs Simex
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. | Huobi is one of the largest exchanges. It also runs a Chinese mining pool. | Simex is a crypto exchange that is focused on the Russian speaking market. |
Token Stats
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. | Huobi is one of the world's leading trading platform, committed to providing investors with a professional, safe and honest transaction services. The Exchange charges no deposit fees but does have an exit fee of between 1% and 2%. It was originally based in China, but moved its' headquarters to Singapore, and also has offices in Hong Kong, Korea, Japan and the United States. | Simex is an exchange that is focused on the Russian crypto market but is registered in the United States. Simex offers a limited token selection that users can purchase with USD or Rubles. They offer convenient debit card withdrawal options. Trading Fee: 0.2% Simex issued the SMX token, which gives holders discounts on trading. |