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Coinone vs Upbit

Comparing
two exchanges
Decided by
Editorial rating
Last reviewed
2026-08-23

KoFIU-registered Korean exchange paired with Kakao Bank, with taker fees that fall to 0.02 percent on volume.

South Korea's dominant exchange, KoFIU-registered and paired with K-Bank, charging 0.05 percent on won markets.

Verdict: Upbit

Upbit rates higher on our rubric: 4.4 against 4.0 for Coinone.

Criterion
Editorial rating
Coinone
4.0
Upbit
4.4

Coinone and Upbit, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Coinone and Upbit compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactCoinoneUpbit
Editorial rating4.04.4 (favoured on this row)
Published fees0.2% main, 0.02% at volume0.05% on won markets
Maker feeFlat 0.2 percent on the main market0.05 percent on won markets, 0.25 percent on BTC and USDT pairs
Taker feeTiered from 0.1 percent down to 0.02 percent by volume0.05 percent on won markets, 0.25 percent on BTC and USDT pairs
Identity verificationRequiredRequired
Bitcoin-onlyNoNo
Payment rails supported11
Countries ranked in11
Ranks first in01
Countries shared11
Security recordNo record on fileNo record on file
Founded20142017
HeadquartersSeoul, South KoreaSeoul, South Korea
Last reviewed2026-08-232026-08-23

Where both Coinone and Upbit are ranked

Each country guide ranks its own roster on published fees, security record and local payment support, so the two can sit in a different order from one country to the next.

Countries whose guide ranks both Coinone and Upbit, with each platform's position in that guide.
CountryStatusCoinone ranksUpbit ranksComparison
South KoreaLegal#3#1

Frequently asked questions

Is Coinone or Upbit better?

Upbit rates higher on our rubric: 4.4 against 4.0 for Coinone. The rating weighs published fees, security record and local payment support; the table above sets each beside the other so you can check the score against the facts.

Which is cheaper, Coinone or Upbit?

Coinone: 0.2% main, 0.02% at volume. Upbit: 0.05% on won markets. Those are each platform's published headline rates; card purchases and instant-buy widgets cost more than the order book on both, and each review carries the full schedule.

Where can I use both Coinone and Upbit?

Both are ranked in our guides for South Korea. Coinone is ranked in 1 countries in all and Upbit in 1; each country guide ranks its own roster, so the two can sit in a different order from one country to the next.

Has Coinone or Upbit had a security incident?

Coinone carries no dated security record on our review yet, a gap in our records rather than a clean bill. Upbit carries no dated security record on our review yet, a gap in our records rather than a clean bill. Both reviews list every event with its source.

Do Coinone and Upbit require ID verification?

Coinone: required. Upbit: required.

The full reviews: Coinone and Upbit, each with its sources, and every exchange we review.

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