Korbit
Overall score 7.0Spot
Korbit is a cryptocurrency exchange.
01
Proof of Reserves (PoR)
On-chain verified
BTCBTC
On-chain reserves373.25M
WETHWETHOn-chain reserves11.35M
SHIBSHIBOn-chain reserves3.46M
LINKLINKOn-chain reserves1.32M
Founded in 2013 as a South Korean exchange, Korbit is a CEX with a CoinGecko trust score of 7/10 and is ranked #59. Despite its long operational history, this exchange has not yet published any Proof of Reserves (PoR). The transparency of its asset reserves remains uncertain, prompting users to be vigilant about potential risks; it is recommended to conduct a careful assessment before engaging in any trading activities.
03
Trading Pairs
Liquidity · Depth
| # | Pair | Type | Price | 24H change | 24H volume | Depth ±2%Cumulative order book depth within ±2% of mid price; higher means less slippage. | Funding ratePeriodic funding between longs and shorts to anchor perpetual price to spot; positive means longs pay shorts. |
|---|---|---|---|---|---|---|---|
| 1 |  USDT / KRWSpot | SPOT | $1 | +0.02% | $3.21M | -- | -- |
| 2 |  BTC / KRWSpot | SPOT | $64,100 | +1.24% | $751.28K | -- | -- |
| 3 |  XRP / KRWSpot | SPOT | $1.09 | +0.43% | $456.43K | -- | -- |
| 4 |  ETH / KRWSpot | SPOT | $1,859.68 | +0.21% | $235.96K | -- | -- |
| 5 |  WLD / KRWSpot | SPOT | $0.3461 | +4.35% | $102.83K | -- | -- |
| 6 |  SOL / KRWSpot | SPOT | $74.13 | +0.92% | $96.46K | -- | -- |
| 7 |  USDC / KRWSpot | SPOT | $1 | 0.00% | $87.34K | -- | -- |
| 8 |  GTC / KRWSpot | SPOT | $0.1489 | -6.11% | $61.99K | -- | -- |
| 9 |  DOGE / KRWSpot | SPOT | $0.06953 | +0.56% | $45.24K | -- | -- |
| 10 |  XLM / KRWSpot | SPOT | $0.1775 | -0.36% | $40.08K | -- | -- |
04
Platform Token
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No data
05
Listings / Delistings
Track listingsNew listings (Top 8 performance)
First day
No listing records
90D Listings--
Avg First-Day Gain0.00%
7D Positive Retention0.00%
Delistings / warnings
Liquidity removalsNo delisting records
90D Delistings0
Main Cause · Liquidity0.00%
Main Cause · Compliance0.00%
06
Regulatory Landscape
Global License MapKR
South Korea
CompliantVASP Registration · KoFIU Filing
A veteran Korean compliant exchange
US
United States
ProhibitedNo services provided to users in the United States
Global Licenses1Hold VASP registration qualification issued by the Korean KoFIU
Legal Countries1Compliant Operations in South Korea
Restricted / Banned1Ban US users
Settlement Total----
07
Key Events Timeline
2 eventsMilestone + Regulatory PenaltyMilestone
Future Asset Group completes acquisition of 92% stake in Korbit, South Korea’s fourth-largest exchange
Future Asset Group announced the completion of the acquisition of 92% of the shares in Korbit, South Korea’s fourth-largest cryptocurrency exchange. This acquisition marks an important step forward in the group’s overseas expansion and presence in South Korea’s crypto market, and will significantly enhance its global business influence.
Regulatory Penalty
South Korea’s financial intelligence agency imposed a institutional warning and a fine of 2.73 billion won on Korbit
South Korea’s financial intelligence agency issued a regulatory warning to the cryptocurrency exchange Korbit and imposed a fine of 2.73 billion won. This measure was taken in response to Korbit’s related violations, aimed at strengthening compliance oversight in the industry.
News Updates
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