Compare Korbit vs Liquid

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On this page, you can compare Korbit with Liquid. 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. Liquid was founded in 2018 in Singapore.

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 Liquid 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. Liquid has a mobile app available for iOS and Android.

Korbit has 2 languages available, including English and Korean. Liquid has 6 languages available, including Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese and Vietnamese.

Company
User rating User rating 2.4 / 5 7 user review User rating 2.5 / 5 2 user review
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 4.0 / 5
Trust Score How it works Trust Score 3.94 / 5 Trust Score 3.82 / 5

User rating

2.4 / 5 7 user review 2.5 / 5 2 user review

Cryptogeek rating

4.0 / 5 4.0 / 5

Trust Score

How it works
3.94 / 5 3.82 / 5

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.
Liquid is a new exchange that was based on Japanese Quoinex and Qryptos exchanges in 2018. Liquid’s World Book combines a global network of liquidity sources by leveraging Quoine's Matching Engine, Smart Order Routing, and Cross Currency Conversion Engine technologies.

Founding Date

2013 2018

Country

South Korea Singapore

Type

Centralized Centralized

Languages

English, Korean Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese, Vietnamese

Mobile app

iOS, Android 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) 2-2-1 Kyobashi Chuou-ku Tokyo Japan

Fees

Maker: 0.15% / Taker: 0.15%

Full fee schedule: https://www.korbit.co.kr/faq/articles/?id=79KnqSDLE9rVaeTyFSp4ZP
Trading fees:
Crypto/Fiat- 0% (free)
Crypto/Crypto- 0.15% execution value for market taker / -0.075% execution value (rebate) for market maker

(If the user chooses to pay the trading fee using QASH, there will be a 50% discount applies only to crypto/crypto pairs for market takers.)

Trading fee for margin trades made in all pairs (crypto/crypto and crypto/fiat) is 0.05%.

Crypto deposit fee: 0% (free)
Fiat deposit fee:
-SBI Japan (JPY): local transaction fee;
-Swapforex (USD, AUD, SGD, EUR): zero fees;
-UAB Misterango (EUR - for deposits within SEPA): Processing fee of 0.99 EUR is applied by UAB Mistertango. Note that if your account is also held at UAB Mistertango, zero fees is charged.

Crypto withdrawals fee: 0% (Free)
Fiat withdrawals fee:
-USD: 5 USD;
-SGD: 5 SGD;
-EUR: 5 EUR;
-AUD: 5 AUD;
-JPY: Liquid fee 500 JPY + local bank fee 216 JPY (applied only if recipient bank account is local).

Payment processor charges:
-Swapforex: 35.25 USD equivalent per transaction;
-UAB Mistertango (SEPA payments only): 0.99 EUR per transaction, or zero if the beneficiary account is held at UAB Mistertango.

Lending fee:
-"Interest Payment Fee" is 50% of Interest Transfer and is collected by Liquid from the lender whenever Interest Transfer is credited.
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.
Liquid is a new exchange that was based on Japanese Quoinex and Qryptos exchanges in 2018. Liquid’s World Book combines a global network of liquidity sources by leveraging Quoine's Matching Engine, Smart Order Routing, and Cross Currency Conversion Engine technologies.
Founding Date Founding Date 2013 Founding Date 2018
Country Country South Korea Country Singapore
Type Type Centralized Type Centralized
Languages Languages English, Korean Languages Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese, Vietnamese
Mobile app Mobile app iOS, Android Mobile app iOS, Android
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 2-2-1 Kyobashi Chuou-ku Tokyo Japan
Fees Fees Maker: 0.15% / Taker: 0.15%

Full fee schedule: https://www.korbit.co.kr/faq/articles/?id=79KnqSDLE9rVaeTyFSp4ZP
Fees Trading fees:
Crypto/Fiat- 0% (free)
Crypto/Crypto- 0.15% execution value for market taker / -0.075% execution value (rebate) for market maker

(If the user chooses to pay the trading fee using QASH, there will be a 50% discount applies only to crypto/crypto pairs for market takers.)

Trading fee for margin trades made in all pairs (crypto/crypto and crypto/fiat) is 0.05%.

Crypto deposit fee: 0% (free)
Fiat deposit fee:
-SBI Japan (JPY): local transaction fee;
-Swapforex (USD, AUD, SGD, EUR): zero fees;
-UAB Misterango (EUR - for deposits within SEPA): Processing fee of 0.99 EUR is applied by UAB Mistertango. Note that if your account is also held at UAB Mistertango, zero fees is charged.

Crypto withdrawals fee: 0% (Free)
Fiat withdrawals fee:
-USD: 5 USD;
-SGD: 5 SGD;
-EUR: 5 EUR;
-AUD: 5 AUD;
-JPY: Liquid fee 500 JPY + local bank fee 216 JPY (applied only if recipient bank account is local).

Payment processor charges:
-Swapforex: 35.25 USD equivalent per transaction;
-UAB Mistertango (SEPA payments only): 0.99 EUR per transaction, or zero if the beneficiary account is held at UAB Mistertango.

Lending fee:
-"Interest Payment Fee" is 50% of Interest Transfer and is collected by Liquid from the lender whenever Interest Transfer is credited.

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.

Liquid trading volume is 11,927,756.0. The exchange has 286 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 11927756

Pairs

32 286

Coins

32 96

Fiat trading

-

Deposit

Free Free

Fees

Percentage Percentage

Margin

- -
Volume Volume 4536944 Volume 11927756
Pairs Pairs 32 Pairs 286
Coins Coins 32 Coins 96
Fiat trading Fiat trading Fiat trading -
Deposit Deposit Free Deposit Free
Fees Fees Percentage Fees Percentage
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 www.liquid.com

Twitter

@korbitbtc @Liquid_Global

Number of followers

3032 194
Website Website www.korbit.co.kr Website www.liquid.com
Twitter Twitter @korbitbtc Twitter @Liquid_Global
Number of followers Number of followers 3032 Number of followers 194

Rating

User rating User rating 2.4 / 5 7 user review User rating 2.5 / 5 2 user review
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 4.0 / 5

Cryptogeek summary

Korbit user rating is 2.4, based on 7 user reviews. Liquid user rating is 2.5, 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?
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Trust Score: 3.94 / 5
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Trust Score: 3.82 / 5
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On this page, you can compare Korbit with Liquid. 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. Liquid was founded in 2018 in Singapore.

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 Liquid 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. Liquid has a mobile app available for iOS and Android.

Korbit has 2 languages available, including English and Korean. Liquid has 6 languages available, including Japanese, Spanish, Korean, Traditional Chinese, Simplified Chinese and Vietnamese.