Upbit Secures Top Spot in Global Crypto Trust Rankings
Upbit Ranks First in South Korea, Seventh Globally in Trustworthiness
Upbit Named ‘Most Trustworthy (ˈmōst ˈtrəstˌwərt͟hē) Crypto (ˈkriptō) Exchange (iksˈCHānj) in South Korea (ˈsouTH kəˈrēə)’ by Forbes (fôrbz)
Upbit has been recognized (ˈrekəɡˌnīzd) as the most trustworthy crypto exchange (iksˈCHānj) in South Korea by Forbes, ranking (ˈraNGkiNG) first domestically (dəˈmestək(ə)lē) and seventh (ˈsevənTH) globally (ˈɡlōbəlē) in the 2025 World’s Most Trustworthy Crypto Exchanges & Marketplaces (ˈmärkətˌplāsiz) report (rēˈpôrt).
On February 26, Dunamu, the operator (ˈäpəˌrādər) of Upbit, announced that Forbes had analyzed (ˈanlˌīzd) over 200 crypto exchanges (iksˈCHānjəz) worldwide, evaluating (əˈvalyo͝oˌāt) Upbit as the most reliable (rəˈlīəb(ə)l) exchange in South Korea and the seventh most trustworthy globally.
Forbes conducted (kənˈdək(t)əd) its evaluation (əˌvalyəˈwāSHən) based (beɪst) on nine key criteria (krīˈtirēə), including Bitcoin (ˈbitˌkoin) and Ethereum (iˈTHirēəm) reserves (riˈzərvz), regulatory (ˈreɡyələˌtôrē) compliance (kəmˈplīəns), transparency (tran(t)sˈperənsē), financial (fəˈnan(t)SHəl) stability (stəˈbilədē), trading (ˈtrādiNG) fees (fēz), institutional (ˌinstəˈto͞oSH(ə)nəl) client (ˈklīənt) base, daily (ˈdālē) spot trading (ˈtrādiNG) volume (ˈvälˌyo͞om), daily derivatives (dəˈrivədivz), trading volume, and crypto-based (ˈkriptō-bāst) financial (fīˈnan(t)SH(ə)l) products (ˈprädə(k)ts)
As a result (rəˈzəlt), Upbit received (rəˈsēvd) a score (skôr) of 6 out of 10, securing (səˈkyo͝oriNG) its place (plās) as the seventh most trustworthy crypto exchange globally.
The highest (ˈhīəst) score (skôr) was awarded (əˈwôrdəd) to the Chicago (SHəˈkäɡō) Mercantile (ˈmərkənˌtīl) Exchange (CME) with 7.7 points (pɔintz), followed (ˈfälōd) by Coinbase (ˈkoinˌbās) (7.6), Bitstamp (6.8), Binance (6.7), Robinhood (ˈräbənˌho͝od) (6.6), and Bitbank (ˈbitˌbaNGk) (6.1).
Forbes (fôrbz) highlighted (ˈhīˌlītid) Upbit’s (ˈəpˌbitz) transparency (tran(t)sˈperənsē) and financial stability (stəˈbilədē) as key (kē) strengths (streNG(k)ths).
“Upbit is South Korea’s largest (ˈlärjəst) cryptocurrency (ˈkriptōˌkərənsē) exchange (iksˈCHānj), serving (ˈsərviNG) over 10 million (ˈmilyən) users (ˈyo͞ozərz),” Forbes stated (ˈstādəd) in its report
Lee Seok-woo, CEO of Dunamu, commented (ˈkämənˌted), “We will continue (kənˈtinyo͞o) to enhance (inˈhans) service (ˈsərvəs) quality (ˈkwälədē), security (səˈkyo͝orədē), and investor (inˈvestər) protection (prəˈtekSHən) to ensure (inˈSHo͝or) Upbit remains (rəˈmānz) a trusted (ˈtrəstid) crypto exchange both in South Korea and globally.”
Editor 비트마스터
Provided by: UPBIT
