Upbit for Beginners [2026]: From Registration to Your First Trade

1. What is Upbit?

Upbit is South Korea's largest cryptocurrency exchange, operated by Dunamu, described in this guide as a Kakao subsidiary. It allows users to buy and sell coins directly in Korean won (KRW).

2. How to register

1. Download the Upbit app — Search for “Upbit” in the App Store or Play Store.
2. Register — Sign up with a Kakao account or email address.
3. Complete KYC identity verification — Photograph your ID and verify your mobile phone.
4. Link a bank account — A K Bank account is required for real-name deposits and withdrawals.

3. Depositing Korean won

1. Open the Upbit app's “Deposits/Withdrawals” tab.
2. Select “Deposit KRW.”
3. Transfer funds to the displayed K Bank account number.
4. The balance appears within 1–5 minutes.

4. Buying a coin

1. Search for the coin you want, such as BTC, in the “Exchange” tab.
2. Limit order: Place an order at your preferred price; it fills when the market reaches that price.
3. Market order: Buy immediately at the current market price.

5. Points to remember

• Upbit supports spot trading only, without futures or leverage.
• The fee listed in this guide is 0.25%, described as high compared with other exchanges.
• Invest using spare funds only.

6. Investing beyond Upbit

While investing in spot assets on Upbit, you can refer to AI trading signals to support your investment decisions.