Compare Bisq vs Upbit
On this page, you can compare Bisq with Upbit. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Bisq was founded in 2014. Upbit was founded in 2017 in South Korea.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Bisq. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Bisq is Decentralized and Upbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bisq has a mobile app available for iOS and Android. Upbit has a mobile app available for iOS and Android.
Bisq has 9 languages available, including English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese and Portuguese (PT). Upbit has 4 languages available, including Korean, Indonesian, Malay and Thai.
| Company | ||
|---|---|---|
| User rating | 28 user review | 19 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 28 user review | 19 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
Bisq exchange was launched back in 2014. At that time it was one of the first Decentralized Autonomous Organizations (or simply DAO). According to the founders of this exchange, one of the goals of Bisq network is to "keep the original spirit of Bitcoin alive".
|
يقع UpBit في كوريا الجنوبية. تأسست في عام 2017 من قبل المطور الكوري KakaoTalk. التبادل سهل الاستخدام للغاية ويوفر مستوى عال من الأمان. يدعم UpBit تداول حوالي 195 cryptocurrencies ، وبعضها نادر جدا ، و 330 أزواج تداول السوق.
|
Founding Date
| 2014 | 2017 |
Country
| International | South Korea |
Type
| Decentralized | Centralized |
Languages
| English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese, Portuguese (PT) | Korean, Indonesian, Malay, Thai |
Mobile app
| iOS, Android | iOS, Android |
Full address
| The exchange does not disclose its location | Seoul, South Korea (The exchange does not disclose the exact location of its office) |
Fees
| Trading fees are based on trade amount and distance to market price. Min. fee (MF) = 0.0002 BTC, default fee (DF) = 0.002 BTC, amount factor (AF) = 1/BTC, market price factor (MF) = square root of percent value (e.g. 1% -> 1, 9% 0 -> 3, 0.01% -> 0.1). Trading fee = max(MF, DF * amount * AF * MF). E.g. 0.002 BTC for 1 BTC trade at 1% market price distance. |
BTC Markets 0.2% USDT Markets 0.2% SGD Markets 0.25% Full fee schedule: https://sg.upbit.com/service_center/guide |
| About |
Bisq exchange was launched back in 2014. At that time it was one of the first Decentralized Autonomous Organizations (or simply DAO). According to the founders of this exchange, one of the goals of Bisq network is to "keep the original spirit of Bitcoin alive".
|
يقع UpBit في كوريا الجنوبية. تأسست في عام 2017 من قبل المطور الكوري KakaoTalk. التبادل سهل الاستخدام للغاية ويوفر مستوى عال من الأمان. يدعم UpBit تداول حوالي 195 cryptocurrencies ، وبعضها نادر جدا ، و 330 أزواج تداول السوق.
|
|---|---|---|
| Founding Date | Founding Date 2014 | Founding Date 2017 |
| Country | Country International | Country South Korea |
| Type | Type Decentralized | Type Centralized |
| Languages | Languages English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese, Portuguese (PT) | Languages Korean, Indonesian, Malay, Thai |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address The exchange does not disclose its location | Full address Seoul, South Korea (The exchange does not disclose the exact location of its office) |
| Fees | Fees Trading fees are based on trade amount and distance to market price. Min. fee (MF) = 0.0002 BTC, default fee (DF) = 0.002 BTC, amount factor (AF) = 1/BTC, market price factor (MF) = square root of percent value (e.g. 1% -> 1, 9% 0 -> 3, 0.01% -> 0.1). Trading fee = max(MF, DF * amount * AF * MF). E.g. 0.002 BTC for 1 BTC trade at 1% market price distance. |
Fees
BTC Markets 0.2% USDT Markets 0.2% SGD Markets 0.25% Full fee schedule: https://sg.upbit.com/service_center/guide |
Trading
Bisq trading volume is 12,422.0. The exchange has 57 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Upbit trading volume is 147,804,050.0. The exchange has 309 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
Volume
| 12422 | 147804050 |
Pairs
| 57 | 309 |
Coins
| 31 | 190 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Depends on currency and volume |
Fees
| Transaction Mining | Percentage |
Margin
| - | - |
| Volume | Volume 12422 | Volume 147804050 |
|---|---|---|
| Pairs | Pairs 57 | Pairs 309 |
| Coins | Coins 31 | Coins 190 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Depends on currency and volume |
| Fees | Fees Transaction Mining | Fees Percentage |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
Verified
| Unverified | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Unverified |
Social
Website
| bisq.network | sg.upbit.com |
| @bisq_network | @upbitglobal |
Number of followers
| 19000 | 4920 |
| Website | Website bisq.network | Website sg.upbit.com |
|---|---|---|
| Twitter @bisq_network | Twitter @upbitglobal | |
| Number of followers | Number of followers 19000 | Number of followers 4920 |
Rating
| User rating | 28 user review | 19 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bisq user rating is 4.1, based on 28 user reviews. Upbit user rating is 2.8, based on 19 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
|---|
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare Bisq with Upbit. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Bisq was founded in 2014. Upbit was founded in 2017 in South Korea.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Bisq. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Bisq is Decentralized and Upbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bisq has a mobile app available for iOS and Android. Upbit has a mobile app available for iOS and Android.
Bisq has 9 languages available, including English, Japanese, Portuguese, German, French, Spanish, Russian, Chinese and Portuguese (PT). Upbit has 4 languages available, including Korean, Indonesian, Malay and Thai.