Upbit Overview

Upbit is a digital asset exchange founded by Song Chi-Hyung and headquartered in Seoul, South Korea. It is owned and operated by its parent company, Dunamu Inc.

Upbit is a registered Virtual Asset Service Provider (VASP) with South Korea’s Financial Intelligence Unit (FIU), ensuring compliance with the country’s regulatory framework for digital asset exchanges.

In addition to its core exchange services, Upbit also offers staking solutions and operates a non-fungible token (NFT) marketplace, catering to a diverse range of cryptocurrency and blockchain-based activities.

VASP License/Registration

• South Korea:
  • Upbit Korea: Registered VASP with South Korea’s Financial Intelligence Unit (FIU), Business Registration No: 2021-01.
• Singapore:
  • Upbit Singapore Pte Ltd: (UEN: 201806395D) – Operating under the Monetary Authority of Singapore’s (MAS) temporary Payment Services Act (PSA) exemption to provide digital payment token services.
• Thailand:
  • Upbit Exchange (Thailand) Co., Ltd.: Licensed Digital Asset Exchange and Broker under Thailand’s Ministry of Finance.
• Indonesia:
  • PT Upbit Exchange Indonesia: Licensed to operate as a digital asset exchange in Indonesia.

Office Locations

• South Korea:
  Upbit Korea
  5th Floor, 14 Teheran-ro 4-gil, Gangnam-gu, Seoul, South Korea.
• Singapore:
  Upbit Singapore Pte Ltd
  1 Harbourfront Avenue, #16-02, Keppel Bay Tower, Singapore 098632.
• Thailand:
  Upbit Exchange (Thailand) Co., Ltd.
  127 Gaysorn Tower, Lumpini, Pathum Wan District, 10330, Bangkok, Thailand.
• Indonesia:
  PT Upbit Exchange Indonesia
  Treasury Tower, Lantai 21, District 8 SCBD, Jl. Jend Sudirman Kav. 52-54, Jakarta 12190, Selatan, Indonesia.