Korbit is a South Korean cryptocurrency firm base in Seoul and launched in 2013. It was the first exchange to launch a Bitcoin-Korean Won (BTC/KRW) market. It’s primary features include facilitating buying, selling, and secure storage of a broad spectrum of digital assets, encompassing major cryptocurrencies including Bitcoin and Ethereum, alongside numerous altcoins, primarily through KRW pairings.

Beyond these core trading functions, Korbit users can engage in crypto-to-crypto trading, utilize the platform’s dedicated digital asset wallet, and participate in staking services to earn rewards on their holdings. Korbit also operates a non-fungible token (NFT) marketplace and provides tools such as automated trading, recurring investment options, and bundled asset purchases.

Korbit employs employs robust security measures including multi-factor authentication and substantial cold wallet storage. The exchange is committed to full compliance with South Korea's stringent financial regulations, encompassing comprehensive anti-money laundering (AML) and know-your-customer (KYC) procedures and collaboration with domestic financial institutions such as Shinhan Bank for verified real-name accounts.

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