UPbit vs Kraken vs Bithumb
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. | Bithumb is a top 30 exchange and the largest exchange in South Korea. |
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. | Kraken is a US-based cryptocurrency exchange and one of the largest bitcoin exchanges in terms of volume and liquidity. | 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. |