Compare Independent Reserve vs Korbit
On this page, you can compare Independent Reserve 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. Independent Reserve was founded in 2013 in Australia. 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.
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.
Independent Reserve is Centralized and Korbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Independent Reserve has a mobile app available for iOS and Android. Korbit has a mobile app available for iOS and Android.
Independent Reserve has 1 language available, which is English. Korbit has 2 languages available, including English and Korean.
| Company | ||
|---|---|---|
| User rating | 2 user reviews | 7 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 2 user reviews | 7 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Independent Reserve is a veteran Australian crypto exchange that lets traders trade popular cryptos like Bitcoin, Ethereum, Bitcoin Cash, Ripple and many more.
|
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
| 2013 | 2013 |
Country
| Australia | South Korea |
Type
| Centralized | Centralized |
Languages
| English | English, Korean |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Level 26/44 Market St, Sydney NSW 2000, Australia support@independentreserve.com | 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
|
Trade commission: As low as 0.1 %, see Trade Volume Discount section below Electronic Funds Transfer deposits: Electronic Funds Transfer deposits of $AUD 100.00 and above are free (smaller deposits incur a $0.99 processing fee) Incorrect / Missing Reference: $20.00 SWIFT deposits: SWIFT deposits of $5,000.00 equivalent and above are free (smaller deposits incur a $15.00 processing fee) Cryptocurrency deposits: Free Australian AUD withdrawals: Free International or non-AUD withdrawals: $20.00 Bitcoin withdrawals: BTC 0.0002 Ether withdrawals: ETH 0.001 Bitcoin Cash withdrawals: BCH 0.0001 Litecoin withdrawals: LTC 0.001 Ripple withdrawals: XRP 0.15 Airbridge™ API: Free |
Maker: 0.15% / Taker: 0.15% Full fee schedule: https://www.korbit.co.kr/faq/articles/?id=79KnqSDLE9rVaeTyFSp4ZP |
| About |
Independent Reserve is a veteran Australian crypto exchange that lets traders trade popular cryptos like Bitcoin, Ethereum, Bitcoin Cash, Ripple and many more.
|
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 2013 | Founding Date 2013 |
| Country | Country Australia | Country South Korea |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English | Languages English, Korean |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Level 26/44 Market St, Sydney NSW 2000, Australia support@independentreserve.com | 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
Trade commission: As low as 0.1 %, see Trade Volume Discount section below Electronic Funds Transfer deposits: Electronic Funds Transfer deposits of $AUD 100.00 and above are free (smaller deposits incur a $0.99 processing fee) Incorrect / Missing Reference: $20.00 SWIFT deposits: SWIFT deposits of $5,000.00 equivalent and above are free (smaller deposits incur a $15.00 processing fee) Cryptocurrency deposits: Free Australian AUD withdrawals: Free International or non-AUD withdrawals: $20.00 Bitcoin withdrawals: BTC 0.0002 Ether withdrawals: ETH 0.001 Bitcoin Cash withdrawals: BCH 0.0001 Litecoin withdrawals: LTC 0.001 Ripple withdrawals: XRP 0.15 Airbridge™ API: Free |
Fees
Maker: 0.15% / Taker: 0.15% Full fee schedule: https://www.korbit.co.kr/faq/articles/?id=79KnqSDLE9rVaeTyFSp4ZP |
Trading
Independent Reserve trading volume is 1,042,835.0. The exchange has 27 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not 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
| 1042835 | 4536944 |
Pairs
| 27 | 32 |
Coins
| 16 | 32 |
Fiat trading
| - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 1042835 | Volume 4536944 |
|---|---|---|
| Pairs | Pairs 27 | Pairs 32 |
| Coins | Coins 16 | Coins 32 |
| Fiat trading | Fiat trading - | Fiat trading |
| Deposit | Deposit Depends on currency and volume | 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.independentreserve.com | www.korbit.co.kr |
| @indepreserve | @korbitbtc |
Number of followers
| 3500 | 3032 |
| Website | Website www.independentreserve.com | Website www.korbit.co.kr |
|---|---|---|
| Twitter @indepreserve | Twitter @korbitbtc | |
| Number of followers | Number of followers 3500 | Number of followers 3032 |
Rating
| User rating | 2 user reviews | 7 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Independent Reserve user rating is 5, based on 2 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 Independent Reserve 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. Independent Reserve was founded in 2013 in Australia. 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.
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.
Independent Reserve is Centralized and Korbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Independent Reserve has a mobile app available for iOS and Android. Korbit has a mobile app available for iOS and Android.
Independent Reserve has 1 language available, which is English. Korbit has 2 languages available, including English and Korean.