When dealing with Upbit fees, the charges applied by the South Korean crypto exchange Upbit for trading, deposits, and withdrawals. Also known as Upbit trading costs, they vary based on activity level, asset type, and payment method. Like other cryptocurrency exchange fees, the set of costs an exchange charges for each transaction, Upbit uses a tiered structure that separates maker fee, the fee on orders that add liquidity to the order book from taker fee, the fee on orders that remove liquidity. Understanding these basics sets the stage for smarter trading.
Upbit starts most users at a 0.15% maker fee and a 0.20% taker fee. If you trade more than 5 BTC in a month, the maker rate drops to 0.12% and the taker to 0.16%. Hitting the 20 BTC threshold pushes maker fees down to 0.10% and taker fees to 0.13%. The fee schedule is linear—each volume tier reduces both rates by roughly 0.02% to 0.03%. This means the higher your Upbit fees discount tier, the less you pay per trade, which can add up to significant savings for active traders.
Volume isn’t the only factor. Certain quote currencies, like KRW, enjoy lower taker fees compared to USD or ETH pairs. Upbit also offers a 0% maker fee for market‑making bots that meet specific liquidity‑provision rules. If you’re running an algorithm that places many limit orders, you could qualify for a zero‑maker rate, effectively eliminating that side of the cost.
Deposit fees work differently. KRW bank transfers are free for most Korean users, while international wire transfers may cost around 0.5% of the amount. Crypto deposits are generally fee‑free, but network congestion can cause hidden costs in the form of high gas fees, especially on Ethereum. Withdrawal fees are set per coin and reflect the average network fee; for example, BTC withdrawals cost roughly 0.0005 BTC, while smaller tokens like DOGE may be as low as 1 DOGE.
When you compare Upbit’s fee structure to global rivals, the picture becomes clearer. Binance offers a base maker fee of 0.10% and a taker fee of 0.10% for most users, while Coinbase charges 0.50% taker fees for spot trades. Upbit’s rates sit between these two extremes, making it competitive for Korean traders but slightly higher than the lowest‑cost platforms for high‑volume users.
Practical ways to keep fees down on Upbit are straightforward. Use limit orders instead of market orders to stay on the maker side, consolidate trades to hit higher volume tiers, and favor KRW pairs when possible. Some users also route withdrawals through internal Upbit transfers—moving assets between Upbit accounts incurs no fee, letting you sidestep network costs entirely.
Fee awareness matters for strategy. A 0.15% taker fee on a $1,000 trade costs $1.50; over 100 trades, that’s $150. If you can shift half those trades to maker orders, you save roughly $30. For day traders who execute dozens of trades daily, the cumulative effect of fee optimization can be the difference between profit and loss.
Now that you’ve got the essentials of Upbit fees—maker vs. taker rates, volume discounts, deposit and withdrawal costs, and tips to reduce expenses—you’re ready to dive into the detailed articles below. They cover specific coin fee breakdowns, real‑world cost calculations, and side‑by‑side comparisons with other exchanges, giving you the tools to make fee‑smart decisions on Upbit.
A detailed 2025 review of Upbit exchange covering security, fees, asset range, user experience, and how it stacks up against Binance and Bithumb.