Korbit fees and review
South Korea's first exchange, and the only one that lets you choose your own fee plan.
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.
New Korbit users only. The code must be entered during the signup flow, and identity verification plus a linked real-name bank account must both be completed before the reward is paid. Korbit runs periodic campaigns alongside the standing programme, so the amount and qualifying conditions can differ from the figure shown here. Confirm in Korbit's official notices before registering.
South Korea only
Korbit trading fees
Standard-tier rates. What a newly created account pays before any volume or token discounts.
| Specifications | Maker | Taker |
|---|---|---|
| Spot | 0.05% | 0.05% |
Rates change. Confirm on the official fee schedule before funding an account. Terms verified Aug 15, 2026
Review
Korbit launched in 2013 and was the first cryptocurrency exchange in South Korea. It is a licensed won-market venue trading spot only.
Its fee structure is the only selectable one among the Korean exchanges: there are two standing plans and you choose. The Lowest Price plan charges 0.05% on both maker and taker orders. The Maker Reward plan raises the taker rate to 0.15% but charges nothing on maker orders and instead pays you 0.01% of the notional as an incentive. Neither requires a token holding or a purchase — you sign up and pick one.
The comparison table on this site shows the Lowest Price plan at 0.05%. Most retail flow is market orders and therefore taker-heavy, and at that mix 0.05% clearly beats the Reward plan's 0.15%. If instead you accumulate positions with resting limit orders, the Reward plan is better. Your fee goes not to zero but negative, which is unusual for a Korean venue. Look at how you actually trade before choosing.
Entering a referral code during registration pays a new user a reward worth about 5,000 KRW. It is a one-off signup bonus rather than a standing discount. Nothing about your trading fee changes afterwards. Korbit also runs periodic campaigns alongside this, so the amount actually paid can differ depending on when you register; confirm the current figure in Korbit's official notices before signing up.
The listing catalogue is the smallest of the four Korean exchanges covered here. For a trader who only wants major assets that is not a problem; for anyone looking for breadth, Bithumb lists considerably more.
As with every Korean won-market venue, registration requires Korean residency, Korean identity verification and a bank account in your own name at a Korean bank.
What it does well
- Longest operating history of any Korean exchange, launched in 2013
- Lowest Price plan at 0.05% is second only to Bithumb, and a quarter of Coinone's or Gopax's base rate
- Maker Reward plan pays 0.01% on maker orders, a negative fee rather than a reduced one
- You pick the fee plan yourself; no token holding or purchase required
- Referral code pays a signup reward worth around 5,000 KRW
- Licensed, regulated domestic venue with direct KRW banking
Where it falls short
- The referral reward is a one-off signup bonus, not an ongoing fee discount
- Picking the wrong plan costs you, market-order flow on the Reward plan pays 0.15% taker
- Smallest listing catalogue of the Korean exchanges here
- Requires Korean residency and a Korean real-name bank account
- Spot trading only
How to register with the Korbit code
Enter the referral code during registration
Korbit does not carry the code in a link. You have to type it into the referral field in the signup flow, and it cannot be applied retroactively once the account exists.
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 all required.
Complete registration and identity verification
Verification must be finished before deposits and trading are enabled.
Pick the fee plan that matches how you trade
Market orders mostly? Take the Lowest Price plan at a flat 0.05%. Building positions with resting limit orders? Take the Maker Reward plan, which pays you 0.01% on makers and charges 0.15% on takers. Leaving the default in place can cost you real money, so check it after signing up.
Korbit at a glance
- Founded
- 2013
- Headquarters
- Seoul, South Korea
- Listed assets
- 180+
- Max leverage
- Spot only
- KYC
- Required
- Fiat currencies
- KRW
- Korean interface
- Yes
- Restricted countries
- South Korea only
Korbit FAQ
- What is the Korbit trading fee?
- It depends which plan you select. The Lowest Price plan is 0.05% for both maker and taker. The Maker Reward plan is 0.15% taker, with maker orders charged nothing and paid 0.01% of notional as an incentive. The comparison table on this site shows the Lowest Price plan at 0.05%. Market-order traders should take the Lowest Price plan; limit-order traders are better off on the Reward plan.
- Is Korbit available to non-Koreans?
- No. Korean real-name transaction rules require a verified bank account at a Korean bank and Korean resident identity verification.
- How does the Korbit Maker Reward plan work?
- On that plan, maker orders that rest on the book and add liquidity are not charged at all. You are paid 0.01% of the notional as an incentive, so the fee is negative rather than merely reduced. In exchange, immediately-filling taker orders are charged 0.15%, three times the Lowest Price plan's 0.05%. It rewards patient limit-order trading and penalises market orders.
- Does Korbit offer futures trading?
- No. Korbit is a spot-only won-market exchange. Leveraged derivatives are not offered to retail users on licensed Korean venues.