Upbit vs BTC Markets
On trading fees Upbit starts ahead: 0.25% taker versus 0.85% for BTC Markets. On listing breadth Upbit wins (250 assets vs 40). Before picking between Upbit and BTC Markets, ask whether you will trade actively or just accumulate: the answer can flip the ranking.
| Upbit | BTC Markets | |
|---|---|---|
| Tier | A | A |
| Rating | ★ 4.3 | ★ 4.0 |
| Maker / Taker fee | 0.25% / 0.25% | 0.5% / 0.85% |
| Markets | Spot | Spot |
| Max leverage | 1× | 1× |
| Supported assets | 250+ | 40+ |
| Trading pairs | 200+ | 32+ |
| 24h volume | $2B | — |
| Fiat on-ramp | Yes | Yes |
| Deposit methods | KRW bank transfer (K-Bank real-name account), KakaoPay, Crypto deposit | PayID/Osko (NPP), Bonifico bancario diretto (BSB e numero di conto), Carta |
| Geo restrictions | USA, Italy, EU (non-Korean residents), OFAC-sanctioned countries, FATF black/grey list countries | Solo residenti in Australia |
| Staking / Earn | Staking available | — |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| KYC | Full | Full |
| Supported countries | APAC · 1+ countries | APAC · 1+ countries |
| Regulator | FSS | ASIC / AUSTRAC |
| OAM Italy registration | No | No |
| Segment | B2C | B2C |
| 24h volume (as of May 9) | — | $1.13M |
| Regions | APAC | APAC |
| Licences & safety | VASP Korea | AUSTRAC AU |
Frequently asked questions
Upbit vs BTC Markets: which is better?
On trading fees Upbit starts ahead: 0.25% taker versus 0.85% for BTC Markets. On listing breadth Upbit wins (250 assets vs 40). Before picking between Upbit and BTC Markets, ask whether you will trade actively or just accumulate: the answer can flip the ranking.
Is Upbit custodial or self-custody?
Upbit is custodial: funds are held by the platform, while BTC Markets is custodial.