Compare 55 Global Markets vs Korbit

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On this page, you can compare 55 Global Markets with Korbit. 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. 55 Global Markets was founded in 2018 in USA. Korbit was founded in 2013 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 Korbit. 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.

55 Global Markets is Centralized and Korbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

55 Global Markets has a mobile app available for iOS and Android. Korbit has a mobile app available for iOS and Android.

55 Global Markets has 14 languages available, including English, Brazilian Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Vietnamese, Portuguese (PT), Turkish, Indonesian and Malay. Korbit has 2 languages available, including English and Korean.

Company
User rating User rating 2.6 / 5 7 user reviews User rating 2.4 / 5 7 user reviews
Cryptogeek rating Cryptogeek rating 3.0 / 5 Cryptogeek rating 4.0 / 5
Trust Score How it works Trust Score 3.34 / 5 Trust Score 3.94 / 5

User rating

2.6 / 5 7 user reviews 2.4 / 5 7 user reviews

Cryptogeek rating

3.0 / 5 4.0 / 5

Trust Score

How it works
3.34 / 5 3.94 / 5

About

55 Global markets was established in the USA in 2017. The platform is declaring quite a big trading volume. Approximately it fluctuates at around 150-200 mln. $ per day.
Korbit was the first exchange to introduce BTC/KRW trading in South Korea, and it's currently active in 30 markets where some of the top cryptocurrencies can all be traded against KRW. The platform also offers a trading API that supports automated trading.

Founding Date

2018 2013

Country

USA South Korea

Type

Centralized Centralized

Languages

English, Brazilian Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Vietnamese, Portuguese (PT), Turkish, Indonesian, Malay English, Korean

Mobile app

iOS, Android iOS, Android

Full address

No data Business Registration 220-88-61399 Communications Sales Registration 2013-Seoul Gangnam-01860 Korbit, Inc., 376 Gangnam-daero 5th Fl., Gangnam-gu, Seoul, Korea CEO Tony Lyu info@korbit.co.kr Contact 1661-9707 (Time: Weekdays 9-12am, 1-6pm)

Fees

No data Maker: 0.15% / Taker: 0.15%

Full fee schedule: https://www.korbit.co.kr/faq/articles/?id=79KnqSDLE9rVaeTyFSp4ZP
About
55 Global markets was established in the USA in 2017. The platform is declaring quite a big trading volume. Approximately it fluctuates at around 150-200 mln. $ per day.
Korbit was the first exchange to introduce BTC/KRW trading in South Korea, and it's currently active in 30 markets where some of the top cryptocurrencies can all be traded against KRW. The platform also offers a trading API that supports automated trading.
Founding Date Founding Date 2018 Founding Date 2013
Country Country USA Country South Korea
Type Type Centralized Type Centralized
Languages Languages English, Brazilian Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Vietnamese, Portuguese (PT), Turkish, Indonesian, Malay Languages English, Korean
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address No data Full address Business Registration 220-88-61399 Communications Sales Registration 2013-Seoul Gangnam-01860 Korbit, Inc., 376 Gangnam-daero 5th Fl., Gangnam-gu, Seoul, Korea CEO Tony Lyu info@korbit.co.kr Contact 1661-9707 (Time: Weekdays 9-12am, 1-6pm)
Fees Fees No data Fees Maker: 0.15% / Taker: 0.15%

Full fee schedule: https://www.korbit.co.kr/faq/articles/?id=79KnqSDLE9rVaeTyFSp4ZP

Trading

55 Global Markets trading volume is 296,954,753.0. The exchange has 24 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

Korbit trading volume is 4,536,944.0. The exchange has 32 available trading pairs. Fiat trading is 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

296954753 4536944

Pairs

24 32

Coins

18 32

Fiat trading

-

Deposit

No data Free

Fees

Percentage Percentage

Margin

-
Volume Volume 296954753 Volume 4536944
Pairs Pairs 24 Pairs 32
Coins Coins 18 Coins 32
Fiat trading Fiat trading - Fiat trading
Deposit Deposit No data Deposit Free
Fees Fees Percentage Fees Percentage
Margin Margin Margin -

Safety

Two factor authentication

Verified

Unverified Verified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Verified

Social

Website

www.55.com www.korbit.co.kr

Twitter

No data @korbitbtc

Number of followers

0 3032
Website Website www.55.com Website www.korbit.co.kr
Twitter Twitter No data Twitter @korbitbtc
Number of followers Number of followers 0 Number of followers 3032

Rating

User rating User rating 2.6 / 5 7 user reviews User rating 2.4 / 5 7 user reviews
Cryptogeek rating Cryptogeek rating 3.0 / 5 Cryptogeek rating 4.0 / 5

Cryptogeek summary

55 Global Markets user rating is 2.6, based on 7 user reviews. Korbit user rating is 2.4, based on 7 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?
Trust Score: 3.34 / 5
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Trust Score: 3.94 / 5
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On this page, you can compare 55 Global Markets with Korbit. 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. 55 Global Markets was founded in 2018 in USA. Korbit was founded in 2013 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 Korbit. 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.

55 Global Markets is Centralized and Korbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

55 Global Markets has a mobile app available for iOS and Android. Korbit has a mobile app available for iOS and Android.

55 Global Markets has 14 languages available, including English, Brazilian Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Vietnamese, Portuguese (PT), Turkish, Indonesian and Malay. Korbit has 2 languages available, including English and Korean.