Compare Korbit vs LetsExchange
On this page, you can compare Korbit with LetsExchange. 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. Korbit was founded in 2013 in South Korea. LetsExchange was founded in 2020 in Seychelles.
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.
Korbit is Centralized and LetsExchange is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Korbit has a mobile app available for iOS and Android. LetsExchange doesn't have a mobile app.
Korbit has 2 languages available, including English and Korean.
| Company | ||
|---|---|---|
| User rating | 7 user review | 14 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 7 user review | 14 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
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.
|
LetsExchange offers order books with top tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and many other digital assets with minimal slippage.
|
Founding Date
| 2013 | 2020 |
Country
| South Korea | Seychelles |
Type
| Centralized | Centralized |
Languages
| English, Korean | No data |
Mobile app
| iOS, Android | - |
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) | No data |
Fees
|
Maker: 0.15% / Taker: 0.15% Full fee schedule: https://www.korbit.co.kr/faq/articles/?id=79KnqSDLE9rVaeTyFSp4ZP |
No data |
| About |
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.
|
LetsExchange offers order books with top tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, and many other digital assets with minimal slippage.
|
|---|---|---|
| Founding Date | Founding Date 2013 | Founding Date 2020 |
| Country | Country South Korea | Country Seychelles |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean | Languages No data |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | 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) | Full address No data |
| Fees |
Fees
Maker: 0.15% / Taker: 0.15% Full fee schedule: https://www.korbit.co.kr/faq/articles/?id=79KnqSDLE9rVaeTyFSp4ZP |
Fees No data |
Trading
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.
LetsExchange trading volume is 0. The exchange has 40000 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
| 4536944 | 0 |
Pairs
| 32 | 40000 |
Coins
| 32 | 200 |
Fiat trading
| - |
Deposit
| Free | Free |
Fees
| Percentage | Transaction Mining |
Margin
| - | - |
| Volume | Volume 4536944 | Volume 0 |
|---|---|---|
| Pairs | Pairs 32 | Pairs 40000 |
| Coins | Coins 32 | Coins 200 |
| Fiat trading | Fiat trading | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| Fees | Fees Percentage | Fees Transaction Mining |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
| - |
Verified
| Verified | Verified |
| Two factor authentication | Two factor authentication | Two factor authentication - |
|---|---|---|
| Verified | Verified Verified | Verified Verified |
Social
Website
| www.korbit.co.kr | letsexchange.io |
| @korbitbtc | @letsexchange_io |
Number of followers
| 3032 | 6200 |
| Website | Website www.korbit.co.kr | Website letsexchange.io |
|---|---|---|
| Twitter @korbitbtc | Twitter @letsexchange_io | |
| Number of followers | Number of followers 3032 | Number of followers 6200 |
Rating
| User rating | 7 user review | 14 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Korbit user rating is 2.4, based on 7 user reviews. LetsExchange user rating is 2.9, based on 14 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 Korbit with LetsExchange. 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. Korbit was founded in 2013 in South Korea. LetsExchange was founded in 2020 in Seychelles.
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.
Korbit is Centralized and LetsExchange is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Korbit has a mobile app available for iOS and Android. LetsExchange doesn't have a mobile app.
Korbit has 2 languages available, including English and Korean.