What is the transaction fee of Upbit Exchange?

Upbit Exchange offers varying transaction fees based on trade type, volume, and membership level, with higher volume traders enjoying reduced fees under the exchange's tiered fee structure.

Oct 08, 2024 at 10:06 am

Upbit Exchange Transaction FeesOverview

Upbit Exchange, a leading cryptocurrency exchange in South Korea, charges varying transaction fees based on the type of trade, volume, and membership level. This article will provide a detailed breakdown of Upbit's transaction fee structure.

Tiered Fee Structure

Upbit operates a tiered fee structure based on a user's trading volume. The higher the trading volume, the lower the transaction fee. The exchange categorizes traders into two tiers:

General Tier: For users with less than 500 BTC in trading volume within the past 30 days.
VIP Tier: For users with more than 500 BTC in trading volume within the past 30 days.

Transaction Fees for Bitcoin (BTC) Pairs

Trade Type	General Tier Fee	VIP Tier Fee
Spot	0.1%	0.07%
Margin	0.15%	0.09%
Futures	0.07%	0.05%

Transaction Fees for Ethereum (ETH) Pairs

Trade Type	General Tier Fee	VIP Tier Fee
Spot	0.15%	0.09%
Margin	0.2%	0.12%
Futures	0.1%	0.07%

Transaction Fees for Other Cryptocurrency Pairs

Transaction fees for other cryptocurrency pairs vary depending on the market. Traders can check the specific fee rates for each pair on Upbit's website.

Additional Fees1. Withdrawal Fees

Upbit charges withdrawal fees for certain cryptocurrencies. The withdrawal fee is deducted from the withdrawn amount.

2. Mobile Fee

A 5% convenience fee is applied to trades made through the Upbit mobile app if the total transaction value exceeds 4,000,000 KRW.

Conclusion

Upbit Exchange offers a competitive transaction fee structure that rewards high-volume traders. The tiered fee system and specific fees for different trade types provide flexibility and cost savings for users. By understanding Upbit's fee structure, traders can optimize their trading strategies to minimize expenses.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

RAIN

$0.007852

113.00%

Trade Now
PIPPIN

$0.06097

51.96%

Trade Now
PARTI

$0.1396

42.04%

Trade Now
WAVES

$0.9141

41.69%

Trade Now
ARC

$0.04302

35.73%

Trade Now
HONEY

$0.01029

21.80%

Trade Now

Latest Crypto News

Bitcoin Faces Identity Crisis as Speculators Flock to Prediction Markets and Ultra-Short Options
2026-02-02 00:30:06
MGK and Jelly Roll Honor Ozzy Osbourne at Pre-Grammy Gala, Sparking Fan Frenzy
2026-02-02 00:50:02
Super Bowl Coin Flip: Unpacking the Prediction Power of Heads or Tails
2026-02-02 01:30:01
Litecoin Price Cracks 9-Year Floor Amidst Market Breakdown: What's Next for the OG Crypto?
2026-02-02 01:20:02
Crypto News, Cryptocurrency Markets, Latest Updates: A Topsy-Turvy Start to 2026
2026-02-02 01:15:01
New York Minute: LivLive Presale Ignites, While Solana Navigates Choppy Waters
2026-02-02 01:15:01

Related knowledge

How do I contact customer service on Binance to resolve issues?

Mar 16,2025 at 04:30am

Key Points:Binance's customer service is primarily self-service, relying heavily on its help center and FAQs.Direct contact methods are limited, with ...

How do I view the latest announcements and events on Binance?

Mar 18,2025 at 10:18pm

Key Points:Binance utilizes multiple channels for disseminating announcements and events.The official Binance website is the primary source.Binance's ...

How do I set up a subaccount on Binance?

Mar 14,2025 at 01:50pm

Key Points:Binance does not offer traditional "subaccounts" in the sense of separate accounts with independent logins under a master account.Instead, ...

How do I view the list of supported currencies on Binance?

Mar 15,2025 at 05:35am

Key Points:Binance supports a vast and frequently updated list of cryptocurrencies. There's no single, static list.Finding supported currencies requir...

How do I view account security settings on Binance?

Mar 15,2025 at 08:40pm

Key Points:Binance's security settings are spread across multiple sections of your account. This article will guide you through each crucial area.Unde...

How do I use grid trading on Binance?

Mar 14,2025 at 04:25pm

Key Points:Grid trading on Binance involves automatically buying low and selling high within a defined price range.Binance offers a built-in grid trad...