Upbit, the largest trading platform in South Korea, is becoming famous these days for its security and expanding trade.

Focus on Altcoins

     Upbit is paying more attention to small altcoin reserves for its financial strength. With the increase in trading of many small altcoins like ORBS, STRAX, LOOM, BNT, etc. with Upbit, there has been a good price increase, which has also benefited their developers and traders.

Focus on Security 

    The crypto world has been attacked by hackers, and Upbit has also faced heavy attacks. Therefore, in order to secure the assets, Upbit has adopted multi-structure decentralised operations for its hot wallet while keeping more than 70% of the assets in the cold wallet.

Slow To Cryptosphere

    Upbit also asks for KYC, so it is not posing a threat to any major exchange in any case. It is attempting to draw attention to itself in the cryptosphere. Yet Upbit Global (outside of Korea) places less emphasis and may need attention from Upbit.