UPbit

by UPbit

(0)
View Profile

Kraken

by

4/5

(1)
View Profile

Bancor

by LocalCoin Ltd.

5/5

(1)
View Profile

UPbit

by UPbit

(0)
View Profile

Kraken

by

4/5

(1)
View Profile

Bancor

by LocalCoin Ltd.

5/5

(1)
View Profile

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.Kraken is one of the largest and most influential crypto exchanges. It consistently ranks as one of the most trusted and popular exchanges.Bancor is a decentralized exchange protocol that is based on a smart token that enables other tokens to be more easily exchanged.

Token Stats

Not RelevantNot 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.
UPbit has very quickly become an important player in the Korean crypto market, and is one of the largest exchanges by trading volume in the country.
Trading Fee: 0.25%
Withdrawal Fee: 0.0005
Number of Tokens/Coins: 272

Kraken is a US-based cryptocurrency exchange and one of the largest bitcoin exchanges in terms of volume and liquidity.
It provides Bitcoin pricing to the Bloomberg Terminal and has considerable influence on the overall crypto market. Kraken offers a number fiat funding and transfer options.
There are 18 BTC pairs and 16 USD pair to trade
Fees vary depending on the volume - for main trading pairs this is between 0.1-0.35% - however for other less common crypto pairs the range can be as low as 0.05% or as high as 0.75%. There are also 0% fees for some trades.
Withdrawals and deposits are variable depending on the method - although in general all fees are 0.19% with a $20 minimum.

Bancor is a decentralized exchange protocol that is designed to increase liquidity for Ethereum and EOS tokens. The company has been at the center of the debate about Decentralized vs Centralized Exchanges, as well as the overall need of institutions to serve as a hub for decentralized networks. Their protocol, and exchange, enable any token to hold one or other additional tokens in reserve. Bancor allows conversions between tokens on their decentralized exchange with smart tokens that increase liquidity, and establish market prices for smaller tokens. Specifically, for those that do not have large trading volumes. Bancor tokens facilitate the exchange and act as a connective tissue, and have a centralizing effect on the exchange.

Ratings

(0)

4/5 (1)

5/5 (1)