Upbit vs Swyftx
Per-trade cost favours Upbit (0.25% taker, vs 0.6%). On listing breadth Swyftx wins (420 assets vs 250). For frequent trading, fees and liquidity matter most; for long-term holding, licences and reserve transparency do — weigh the points above against your usage.
| Upbit | Swyftx | |
|---|---|---|
| Tier | A | A |
| Rating | ★ 4.3 | ★ 4.1 |
| Maker / Taker fee | 0.25% / 0.25% | 0.6% / 0.6% |
| Markets | Spot | Spot |
| Max leverage | 1× | 1× |
| Supported assets | 250+ | 420+ |
| Trading pairs | 200+ | 440+ |
| 24h volume | $2B | $32M |
| Fiat on-ramp | Yes | Yes |
| Deposit methods | KRW bank transfer (K-Bank real-name account), KakaoPay, Crypto deposit | Bonifico bancario AUD, PayID, OSKO, Carta di credito/debito |
| Geo restrictions | USA, Italy, EU (non-Korean residents), OFAC-sanctioned countries, FATF black/grey list countries | US, EU, IT, GB |
| Staking / Earn | Staking available | — |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| KYC | Full | Full |
| Supported countries | APAC · 1+ countries | APAC · 2+ countries |
| Regulator | FSS | ASIC / AUSTRAC |
| OAM Italy registration | No | No |
| Segment | B2C | B2C |
| Regions | APAC | APAC |
| Licences & safety | VASP Korea | AUSTRAC AU |
Frequently asked questions
Upbit vs Swyftx: which is better?
Per-trade cost favours Upbit (0.25% taker, vs 0.6%). On listing breadth Swyftx wins (420 assets vs 250). For frequent trading, fees and liquidity matter most; for long-term holding, licences and reserve transparency do — weigh the points above against your usage.
Is Upbit custodial or self-custody?
Upbit is custodial: funds are held by the platform, while Swyftx is custodial.