Compare Bisq vs Upbit

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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 User rating 4.1 / 5 28 user review User rating 2.8 / 5 19 user review
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4.12 / 5 Trust Score 3.73 / 5

User rating

4.1 / 5 28 user review 2.8 / 5 19 user review

Cryptogeek rating

3.4 / 5 4 / 5

Trust Score

How it works
4.12 / 5 3.73 / 5

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

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

Twitter

@bisq_network @upbitglobal

Number of followers

19000 4920
Website Website bisq.network Website sg.upbit.com
Twitter Twitter @bisq_network Twitter @upbitglobal
Number of followers Number of followers 19000 Number of followers 4920

Rating

User rating User rating 4.1 / 5 28 user review User rating 2.8 / 5 19 user review
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 4 / 5

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?
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Trust Score: 4.12 / 5
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Trust Score: 3.73 / 5
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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.