Compare Coinmate vs Upbit

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On this page, you can compare Coinmate with Upbit. 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. Coinmate was founded in 2013 in United Kingdom. Upbit was founded in 2017 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 Coinmate. 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.

Coinmate is Centralized and Upbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Coinmate has a mobile app available for iOS and Android. Upbit has a mobile app available for iOS and Android.

Coinmate has 2 languages available, including English and German. Upbit has 4 languages available, including Korean, Indonesian, Malay and Thai.

Company
User rating User rating 4.7 / 5 11 user review User rating 2.8 / 5 19 user review
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4.35 / 5 Trust Score 3.73 / 5

User rating

4.7 / 5 11 user review 2.8 / 5 19 user review

Cryptogeek rating

4.4 / 5 4 / 5

Trust Score

How it works
4.35 / 5 3.73 / 5

About

Coinmate is a UK-based cryptocurrency exchange, launched in 2013. According to its official website, the exchange is aimed at Security, Speed, and Reliability.
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.

Founding Date

2013 2017

Country

United Kingdom South Korea

Type

Centralized Centralized

Languages

English, German Korean, Indonesian, Malay, Thai

Mobile app

iOS, Android iOS, Android

Full address

Warnford Court 29 Throgmorton Street London, United Kingdom EC2N 2AT Seoul, South Korea (The exchange does not disclose the exact location of its office)

Fees

30 days trading volume / Taker fee / Maker fee:
< 10,000 EUR / 0.25% / 0.12%;
< 100,000 EUR / 0.23% / 0.11%;
< 250,000 EUR / 0.21% / 0.1%;
< 500,000 EUR / 0.2% / 0.08%;
< 1,000,000 EUR / 0.15% / 0.05%;
< 3,000,000 EUR / 0.1% / 0%;
>= 3,000,000 EUR / 0.06%* / -0.05%*.
(* no referral commission is paid out on this fee)


Method / DEPOSIT FEE / WITHDRAWAL FEE:
SEPA transfer in EUR: 1 EUR / 1 EUR
SOFORT (Instant bank Deposit): 1.5% min 2 EUR / n/a;
Domestic bank wire in CZK: 0 / 1 EUR;
Visa/MasterCard: up to 3.98% min 1 EUR / n/a;
Bitcoin: 0 / 0.00001 BTC - 0.00007 BTC;
Litecoin: 0 / 0.0004 LTC;
BitcoinCash: 0 / 0.00001 BCH.
BTC Markets 0.2%
USDT Markets 0.2%
SGD Markets 0.25%

Full fee schedule:
https://sg.upbit.com/service_center/guide
About
Coinmate is a UK-based cryptocurrency exchange, launched in 2013. According to its official website, the exchange is aimed at Security, Speed, and Reliability.
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.
Founding Date Founding Date 2013 Founding Date 2017
Country Country United Kingdom Country South Korea
Type Type Centralized Type Centralized
Languages Languages English, German Languages Korean, Indonesian, Malay, Thai
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Warnford Court 29 Throgmorton Street London, United Kingdom EC2N 2AT Full address Seoul, South Korea (The exchange does not disclose the exact location of its office)
Fees Fees 30 days trading volume / Taker fee / Maker fee:
< 10,000 EUR / 0.25% / 0.12%;
< 100,000 EUR / 0.23% / 0.11%;
< 250,000 EUR / 0.21% / 0.1%;
< 500,000 EUR / 0.2% / 0.08%;
< 1,000,000 EUR / 0.15% / 0.05%;
< 3,000,000 EUR / 0.1% / 0%;
>= 3,000,000 EUR / 0.06%* / -0.05%*.
(* no referral commission is paid out on this fee)


Method / DEPOSIT FEE / WITHDRAWAL FEE:
SEPA transfer in EUR: 1 EUR / 1 EUR
SOFORT (Instant bank Deposit): 1.5% min 2 EUR / n/a;
Domestic bank wire in CZK: 0 / 1 EUR;
Visa/MasterCard: up to 3.98% min 1 EUR / n/a;
Bitcoin: 0 / 0.00001 BTC - 0.00007 BTC;
Litecoin: 0 / 0.0004 LTC;
BitcoinCash: 0 / 0.00001 BCH.
Fees BTC Markets 0.2%
USDT Markets 0.2%
SGD Markets 0.25%

Full fee schedule:
https://sg.upbit.com/service_center/guide

Trading

Coinmate trading volume is 1,613,651.0. The exchange has 17 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

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.

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

1613651 147804050

Pairs

17 309

Coins

6 190

Fiat trading

- -

Deposit

Percentage Depends on currency and volume

Fees

Percentage Percentage

Margin

- -
Volume Volume 1613651 Volume 147804050
Pairs Pairs 17 Pairs 309
Coins Coins 6 Coins 190
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Percentage 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

coinmate.io sg.upbit.com

Twitter

@CoinmateBT @upbitglobal

Number of followers

723 4920
Website Website coinmate.io Website sg.upbit.com
Twitter Twitter @CoinmateBT Twitter @upbitglobal
Number of followers Number of followers 723 Number of followers 4920

Rating

User rating User rating 4.7 / 5 11 user review User rating 2.8 / 5 19 user review
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4 / 5

Cryptogeek summary

Coinmate user rating is 4.7, based on 11 user reviews. Upbit user rating is 2.8, based on 19 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?
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Trust Score: 4.35 / 5
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Trust Score: 3.73 / 5
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On this page, you can compare Coinmate with Upbit. 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. Coinmate was founded in 2013 in United Kingdom. Upbit was founded in 2017 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 Coinmate. 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.

Coinmate is Centralized and Upbit is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Coinmate has a mobile app available for iOS and Android. Upbit has a mobile app available for iOS and Android.

Coinmate has 2 languages available, including English and German. Upbit has 4 languages available, including Korean, Indonesian, Malay and Thai.