Gopax fees and review
A smaller licensed Korean exchange with the highest domestic trading fee.
Invite code
This code is not carried in a link. Register first, then enter the code in the invite field inside the app, see the steps below.
10,000 KRW is the ceiling, not an amount paid automatically. It applies to new Gopax users who enter the invite code at registration, and typically requires identity verification, a linked real-name bank account and a completed first trade. Terms are revised between campaigns, confirm in the app before registering.
South Korea only
Gopax trading fees
Standard-tier rates. What a newly created account pays before any volume or token discounts.
| Specifications | Maker | Taker |
|---|---|---|
| Spot | 0.20% | 0.20% |
Rates change. Confirm on the official fee schedule before funding an account. Terms verified Aug 16, 2026
Review
Gopax is the smallest of the four Korean won-market exchanges covered here by both listing count and trading volume. It has operated since 2017 as a licensed domestic venue, trading spot only against the won.
Its trading fee is 0.20% for both sides — four times Korbit's 0.05% Lowest Price plan, and cheaper on paper than Bithumb's 0.25% base. That last comparison is misleading, though, and the reason is the sharpest problem with Gopax. Bithumb has a free coupon that takes it to 0.04% and Coinone has a voucher that does the same; no comparable standing discount route could be confirmed for Gopax at all. Measured by what an attentive user actually pays, Gopax is the most expensive licensed Korean venue by a wide margin, and it is difficult to construct a case for it on cost.
Entering an invite code at registration pays a new user a reward worth up to 10,000 KRW. The second largest signup bonus among the Korean venues here, behind Bithumb. Read that against the fee, though: the 10,000 KRW arrives once, while the 0.20% is charged on every trade you ever make. The more actively you trade, the faster the bonus is cancelled out by the fee gap.
The practical reason to hold a Gopax account is access to specific listings that are not available on the larger Korean venues, or to spread counterparty exposure across more than one exchange. Neither is a strong reason for most users, and for the majority of Korean traders Bithumb or Coinone will be the better default.
The same regulatory constraint applies: Korean residency, Korean identity verification and a Korean bank account in your own name are all required.
What it does well
- Licensed Korean won-market exchange with direct KRW banking
- Invite code pays a signup reward worth up to 10,000 KRW
- Occasionally lists assets not carried by the larger domestic venues
- Useful for spreading counterparty exposure across more than one exchange
Where it falls short
- No standing discount route. The only Korean venue here with no way down from its base rate
- Smallest listing catalogue and lowest trading volume of the four
- The signup reward is one-off and is eroded by the fee gap as you keep trading
- Requires Korean residency and a Korean real-name bank account
- Spot trading only
How to register with the Gopax code
Consider whether the fee difference is worth it
At 0.20%, Gopax costs five times what Bithumb charges per trade. Unless you specifically need a listing the larger venues do not carry, the cost difference is hard to justify.
Confirm you meet the Korean residency requirement
Korean identity verification, a Korean mobile number and a bank account in your own name at a Korean bank are required.
Enter the invite code during signup
Gopax registration is only available in the mobile app. The code has to be typed into the invite field during the signup flow, it cannot be applied once the account already exists.
Complete verification before depositing
Identity verification and bank account linkage must be completed before deposits and trading are enabled.
Gopax at a glance
- Founded
- 2017
- Headquarters
- Seoul, South Korea
- Listed assets
- 120+
- Max leverage
- Spot only
- KYC
- Required
- Fiat currencies
- KRW
- Korean interface
- Yes
- Restricted countries
- South Korea only
Gopax FAQ
- What is the Gopax trading fee?
- 0.20% for both maker and taker, matching Coinone's base rate and four times Korbit's 0.05% Lowest Price plan. Bithumb's base rate is nominally higher at 0.25%, but Bithumb and Coinone both offer a route to 0.04% and Gopax does not, so in practice Gopax is the most expensive of the four.
- Is Gopax a good exchange for Korean traders?
- For most Korean traders, Bithumb or Coinone will be the better default on both fees and liquidity. Gopax makes sense mainly for accessing a specific listing the larger venues do not carry, or to spread counterparty exposure.
- Can non-Koreans register on Gopax?
- No. Korean real-name transaction rules require a verified Korean bank account and Korean resident identity verification.
- Does Gopax offer leverage?
- No. Gopax is a spot-only won-market exchange, as are all licensed Korean venues for retail users.