Upbit - About the company
Upbit is a funded company based in Seoul (South Korea), founded in 2017 by Preecha Praipattarakul. It operates as an Online exchange platform for cryptocurrencies. The company has 2029 active competitors, including 195 funded and 68 that have exited. Its top competitors include companies like Binance, Kraken and Blockchain.
Company Details
Online exchange platform for cryptocurrencies. It allows users to buy, sell, and manage multiple digital assets including Bitcoin, Litecoin, Ripple, Ethereum, etc with integrated deposit and withdrawal options. It features an app-based platform to check real-time crypto prices, set push notifications for trading limits, and provide real-time coin trend & market analysis. The app is available for both Android and IOS devices.
- Website
- upbit.com
- Email ID
- *****@upbit.com
- Phone Number
- +82 **********
Key Metrics
Founded Year
2017
Location
Seoul, South Korea
Stage
Funding Raised
Investors
Ranked
57th among 2029 active competitors
Employee Count
201 - 500 as on Jul 01, 2024
Legal entities associated with Upbit
Upbit is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Dunamu Inc. CIN: 119-86-54968 , South Korea, Active | Apr 02, 2012 | - | - | - |
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Upbit's funding and investors
Upbit is a funded company. Upbit has 1 institutional investor.
View details of Upbit's funding rounds and investors
Upbit's founders and board of directors
Founder? Claim ProfileThe founders of Upbit is Preecha Praipattarakul.
Here are the details of Upbit's key team members:
- Preecha Praipattarakul: Founder and member of the board of Upbit.
- Sirgoo Lee: CEO of Upbit.
View details of Upbit's Founder profiles and Board Members
Upbit's employee count trend
Upbit has 201 - 500 employees as of Jul 24. Here is Upbit's employee count trend over the years:
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Upbit's Competitors and alternates
Top competitors of Upbit include Binance, Kraken and Blockchain. Here is the list of Top 10 competitors of Upbit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Binance 2017, Abu Dhabi (United Arab Emirates), Series C | Online exchange platform for cryptocurrency | $2.02B | 86/100 | |
2nd | Kraken 2011, Cheyenne (United States), Series D | Operator of digital platforms for trading cryptocurrency stocks and futures | $867M | 86/100 | |
3rd | Blockchain 2011, London (United Kingdom), Acquired | App-based platform for exchange and trading solutions for cryptocurrency | $700M | 84/100 | |
4th | Uphold 2013, London (United Kingdom), Series B | App-based wallet and exchange platform for cross-border money transfers | $73.4M | 82/100 | |
5th | Uniswap 2018, New York City (United States), Series B | Provider of a decentralized exchange platform for cryptocurrency | $176M | 80/100 | |
6th | Gemini 2014, New York City (United States), Public | Platform offering crypto exchange solutions | $424M | 79/100 | |
7th | Online platform for trading in cryptocurrency | $1.73B | 77/100 | ||
8th | PDAX 2017, Makati (Philippines), Series B | Online exchange platform for cryptocurrencies | $62.5M | 77/100 | |
9th | Cryptocurrency exchange and trading service provider | $247M | 76/100 | ||
10th | CoinSwitch 2017, Bengaluru (India), Series C | Broker-based online crypto trading and exchange platform | $302M | 75/100 | |
57th | Upbit 2017, Seoul (South Korea), Funding Raised | Online exchange platform for cryptocurrencies | - | 56/100 |
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Upbit's Investments and acquisitions
Upbit has made no investments or acquisitions yet.
Reports related to Upbit
Here is the latest report on Upbit's sector:
News related to Upbit
Media has covered Upbit for a total of 19 events in the last 1 year, 7 of them have been about company updates and 4 about partnerships.
•
Dunamu Invests 62.7 Billion Won in Information Security Over Five YearsDigitalToday•Jun 29, 2026•Upbit
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Upbit Lists GRAM and Eight Other Cryptocurrencies, Aiming to Control VolatilityThe Crypto Times•Jun 19, 2026•Upbit
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Upbit Listing Sends Superform (UP) Surging Nearly 80% Within HoursThe Crypto Times•May 13, 2026•Superform, Upbit
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Upbit Teams Up With Optimism for New L2 Network GIWA ChainThe Crypto Times•May 04, 2026•Upbit, Optimism
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Upbit Hack Update: Team Freezes $1.77M of Victims’ Fund in Latest RecoveryCoinspeaker•Dec 08, 2025•Upbit
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KakaoBank eyes won stablecoin after Upbit acquisitionBitcoin Ethereum News•Dec 05, 2025•Upbit, KakaoBank
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Upbit, Hana Financial Group Begin Development of Blockchain-based Financial ServicesBusinesskorea•Dec 04, 2025•Upbit, Hana Financial Group
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Upbit Reveals 5.9B-Won Corporate Loss in Latest Hack, Fully Reimburses UsersCoinDesk•Nov 28, 2025•Upbit
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