Compare Upbit vs Zaif Exchange
On this page, you can compare Upbit with Zaif. 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. Upbit was founded in 2017 in South Korea. Zaif was founded in 2013 in Japan.
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 Zaif. 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.
Upbit is Centralized and Zaif is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Upbit has a mobile app available for iOS and Android. Zaif has a mobile app available for iOS and Android.
Upbit has 4 languages available, including Korean, Indonesian, Malay and Thai. Zaif has 2 languages available, including English and Japanese.
| Company | ||
|---|---|---|
| User rating | 19 user reviews | 2 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 19 user reviews | 2 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
UpBit is based in South Korea. It was founded in 2017 by Korean developer KakaoTalk. The exchange is very user-friendly and provides a high level of security. UpBit supports the trade of about 195 cryptocurrencies, some of which are quite rare, and 330 market trading pairs.
|
Zaif exchange stands out among the Japan-based exchanges because it's not solely focused on the Asian countries. Among other options, Zaif offers a fiat to crypto exchange.
|
Founding Date
| 2017 | 2013 |
Country
| South Korea | Japan |
Type
| Centralized | Centralized |
Languages
| Korean, Indonesian, Malay, Thai | English, Japanese |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Seoul, South Korea (The exchange does not disclose the exact location of its office) | Orix Honmachi Building 4F, 1-4-1 Nishihonmachi Nishi-ku, Osaka-shi, Osaka Japan |
Fees
|
BTC Markets 0.2% USDT Markets 0.2% SGD Markets 0.25% Full fee schedule: https://sg.upbit.com/service_center/guide |
BTC / JPY: Maker fee - 0.01% Taker fee - 0.01% XEM / JPY: Maker fee - 0% Taker Commission - 0.1% XEM / BTC: Maker fee - 0% Taker Commission - 0.1% MONA / JPY: Maker fee - 0.01% Taker fee - 0.01% MONA / BTC: Maker fee - 0.01% Taker fee - 0.01% BCH / JPY: Maker fee - 0% Taker fee - 0.3% BCH / BTC: Maker fee - 0% Taker fee - 0.3% |
| About |
UpBit is based in South Korea. It was founded in 2017 by Korean developer KakaoTalk. The exchange is very user-friendly and provides a high level of security. UpBit supports the trade of about 195 cryptocurrencies, some of which are quite rare, and 330 market trading pairs.
|
Zaif exchange stands out among the Japan-based exchanges because it's not solely focused on the Asian countries. Among other options, Zaif offers a fiat to crypto exchange.
|
|---|---|---|
| Founding Date | Founding Date 2017 | Founding Date 2013 |
| Country | Country South Korea | Country Japan |
| Type | Type Centralized | Type Centralized |
| Languages | Languages Korean, Indonesian, Malay, Thai | Languages English, Japanese |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Seoul, South Korea (The exchange does not disclose the exact location of its office) | Full address Orix Honmachi Building 4F, 1-4-1 Nishihonmachi Nishi-ku, Osaka-shi, Osaka Japan |
| Fees |
Fees
BTC Markets 0.2% USDT Markets 0.2% SGD Markets 0.25% Full fee schedule: https://sg.upbit.com/service_center/guide |
Fees
BTC / JPY: Maker fee - 0.01% Taker fee - 0.01% XEM / JPY: Maker fee - 0% Taker Commission - 0.1% XEM / BTC: Maker fee - 0% Taker Commission - 0.1% MONA / JPY: Maker fee - 0.01% Taker fee - 0.01% MONA / BTC: Maker fee - 0.01% Taker fee - 0.01% BCH / JPY: Maker fee - 0% Taker fee - 0.3% BCH / BTC: Maker fee - 0% Taker fee - 0.3% |
Trading
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.
Zaif trading volume is 887,424.0. The exchange has 13 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
| 147804050 | 887424 |
Pairs
| 309 | 13 |
Coins
| 190 | 12 |
Fiat trading
| - |
Deposit
| Depends on currency and volume | Depends on currency and volume |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 147804050 | Volume 887424 |
|---|---|---|
| Pairs | Pairs 309 | Pairs 13 |
| Coins | Coins 190 | Coins 12 |
| Fiat trading | Fiat trading - | Fiat trading |
| Deposit | Deposit Depends on currency and volume | Deposit Depends on currency and volume |
| Fees | Fees Percentage | 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
| sg.upbit.com | zaif.jp |
| @upbitglobal | @zaifdotjp |
Number of followers
| 4920 | 57080 |
| Website | Website sg.upbit.com | Website zaif.jp |
|---|---|---|
| Twitter @upbitglobal | Twitter @zaifdotjp | |
| Number of followers | Number of followers 4920 | Number of followers 57080 |
Rating
| User rating | 19 user reviews | 2 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Upbit user rating is 2.8, based on 19 user reviews. Zaif user rating is 5, based on 2 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 Upbit with Zaif. 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. Upbit was founded in 2017 in South Korea. Zaif was founded in 2013 in Japan.
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 Zaif. 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.
Upbit is Centralized and Zaif is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Upbit has a mobile app available for iOS and Android. Zaif has a mobile app available for iOS and Android.
Upbit has 4 languages available, including Korean, Indonesian, Malay and Thai. Zaif has 2 languages available, including English and Japanese.