Compare BitMart vs Korbit Exchange
On this page, you can compare BitMart 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. BitMart was founded in 2018 in Cayman Islands. 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.
BitMart is Centralized and Korbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
BitMart has a mobile app available for iOS and Android. Korbit has a mobile app available for iOS and Android.
BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish. Korbit has 2 languages available, including English and Korean.
| Company | ||
|---|---|---|
| User rating | 14 user reviews | 7 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 14 user reviews | 7 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
BitMart is a cryptocurrency exchange launched in 2017. The exchange is registered in the Cayman Islands. The team working for the exchange has ex-members from Amazon, Alibaba, and other huge companies. However, the team members are not showcased on the BitMart website. The offices of BitMart can be found in New York, Seoul, Hong Kong, and Singapore.
|
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
| Cayman Islands | South Korea |
Type
| Centralized | Centralized |
Languages
| English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish | English, Korean |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office) | 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
|
Default Fee: Maker 0.2500% / Taker 0.2500%. Full fee schedule: https://www.bitmart.com/fee/en |
Maker: 0.15% / Taker: 0.15% Full fee schedule: https://www.korbit.co.kr/faq/articles/?id=79KnqSDLE9rVaeTyFSp4ZP |
| About |
BitMart is a cryptocurrency exchange launched in 2017. The exchange is registered in the Cayman Islands. The team working for the exchange has ex-members from Amazon, Alibaba, and other huge companies. However, the team members are not showcased on the BitMart website. The offices of BitMart can be found in New York, Seoul, Hong Kong, and Singapore.
|
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 Cayman Islands | Country South Korea |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish | Languages English, Korean |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Offices located in New York, Greater China, Seoul and Hong Kong. (The exchange does not disclose the exact location of its office) | 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
Default Fee: Maker 0.2500% / Taker 0.2500%. Full fee schedule: https://www.bitmart.com/fee/en |
Fees
Maker: 0.15% / Taker: 0.15% Full fee schedule: https://www.korbit.co.kr/faq/articles/?id=79KnqSDLE9rVaeTyFSp4ZP |
Trading
BitMart trading volume is 424,500,917.0. The exchange has 183 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
| 424500917 | 4536944 |
Pairs
| 183 | 32 |
Coins
| 99 | 32 |
Fiat trading
| - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 424500917 | Volume 4536944 |
|---|---|---|
| Pairs | Pairs 183 | Pairs 32 |
| Coins | Coins 99 | Coins 32 |
| Fiat trading | Fiat trading - | Fiat trading |
| Deposit | Deposit Free | 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.bitmart.com | www.korbit.co.kr |
| @BitMartExchange | @korbitbtc |
Number of followers
| 34247 | 3032 |
| Website | Website www.bitmart.com | Website www.korbit.co.kr |
|---|---|---|
| Twitter @BitMartExchange | Twitter @korbitbtc | |
| Number of followers | Number of followers 34247 | Number of followers 3032 |
Rating
| User rating | 14 user reviews | 7 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
BitMart user rating is 2.3, based on 14 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? |
On this page, you can compare BitMart 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. BitMart was founded in 2018 in Cayman Islands. 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.
BitMart is Centralized and Korbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
BitMart has a mobile app available for iOS and Android. Korbit has a mobile app available for iOS and Android.
BitMart has 8 languages available, including English, Japanese, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Turkish. Korbit has 2 languages available, including English and Korean.