Is Upbit regulated in the United States?

Upbit does not serve U.S. customers. It is a Korean-won exchange that requires a Korean real-name bank account, and its separately run Singapore, Indonesia and Thailand affiliates also exclude U.S. residents. Anytime Capital is a FinCEN-registered U.S. money services business with a branch in Atlanta.

Does Upbit hold my crypto?

Yes, until you withdraw it to your own wallet. Anytime Capital delivers to a wallet you control or to its free non-custodial wallet.

Can I switch from Upbit to Anytime Capital without moving my crypto?

Yes. Withdraw from Upbit to a wallet you control (or leave it there), create an Anytime Capital account, verify once, and paste any wallet address at checkout. Nothing you already hold needs to move.

Is Anytime Capital regulated?

Anytime Capital is a U.S.-based money services business registered with FinCEN, serving customers worldwide, with a physical branch in Atlanta and an office in Miami. Identity verification is required before you can transact, the same as at every compliant platform.

Trust & safety

Upbit

Our pick

Is Upbit legit? What that does and does not mean

Q: Is Upbit a scam?

No. Upbit is a legitimate exchange operating since 2017. Registered as a virtual asset service provider with South Korea's Financial Intelligence Unit under the Special Financial Transactions Act, with a real-name account partnership with K Bank; sanctioned by the FIU in 2025 for KYC and travel-rule failures.

Q: How does Anytime Capital pricing compare with Upbit?

Anytime Capital quotes one all-in number: card, Apple Pay and Google Pay orders start from 4% with the spread included, and the amount you pay and the crypto you receive are both on screen before you confirm. Upbit prices no card, Apple Pay or Google Pay purchases at all; the only way in is a Korean-won transfer from a linked K Bank account, so a card never enters the picture, with a fixed per-coin network fee published on the withdrawal screen. Blockchain network fees apply at both. Compare the crypto that lands on the same order size rather than the headline rate.

Upbit is a real exchange that has operated since 2017. The useful question is not whether it is a scam but what happens on the day something goes wrong, and that is where an online-only platform and a U.S. company with a front door part ways.

Registered as a virtual asset service provider with South Korea's Financial Intelligence Unit under the Special Financial Transactions Act, with a real-name account partnership with K Bank; sanctioned by the FIU in 2025 for KYC and travel-rule failures.
Holds your coins until you withdraw
Anytime Capital: a U.S. company you can call or visit

Buy crypto now Call (470) 748-2530 Buy Bitcoin now

Updated September 2026. Upbit figures from its published pricing, terms and independent reviews.

FinCEN-registered U.S. money services business
Atlanta branch · Miami office
8,000+ completed trades
FDIC-insured cash account

Quick answer

Is Upbit legit and safe to use?

Yes. Upbit is a legitimate exchange founded in 2017, based in Seoul, South Korea. Registered as a virtual asset service provider with South Korea's Financial Intelligence Unit under the Special Financial Transactions Act, with a real-name account partnership with K Bank; sanctioned by the FIU in 2025 for KYC and travel-rule failures. Upbit does not serve U.S. customers. Because it holds customer funds, the risk to weigh is a frozen account or a platform-level event, not an outright scam. What it does not offer is a phone number or a place to walk into, which is why many customers prefer Anytime Capital when something needs a human.

Buy crypto now Call (470) 748-2530 Buy Bitcoin now

2017
the year Upbit was founded
Compared platform
180+
Upbit at a glance
Compared platform
2
Anytime Capital walk-in offices
Anytime Capital
8,000+
completed Anytime Capital trades
Anytime Capital

Card pricing at Anytime Capital, where Upbit has no card rail

Published fee percentages on a debit or credit card order

Upbit does not sell crypto for a card payment directly: no card, Apple Pay or Google Pay purchases at all; the only way in is a Korean-won transfer from a linked K Bank account, so a card never enters the picture. Anytime Capital card pricing starts from 4% and is shown in full before you confirm, excluding network fees. As of September 2026.

The checklist: does Upbit pass?

Upbit is legitimate in the fullest sense: it is the largest exchange in South Korea, registered with the country's Financial Intelligence Unit as a virtual asset service provider, paired with K Bank for real-name accounts, and operated by Dunamu, a company Naver Financial agreed to buy for roughly $10.3 billion in late 2025. It has run since 2017, publishes proof of its listings and fees, and is audited under Korean law.

Legitimate is not the same as spotless. In early 2025 the FIU fined Dunamu about 35.2 billion won and imposed a three-month ban on new customers transferring assets, citing around 700,000 KYC failures and transactions with unregistered foreign platforms; Dunamu challenged the sanction in court. In November 2025 a hot-wallet exploit took roughly $30 million of Solana-based tokens, which Upbit covered from its own reserves. Neither episode cost customers money, and both are the kind of event a regulated exchange discloses rather than hides.

For most searchers the practical answer is that Upbit is real, and also unavailable. The "is Upbit legit" question usually comes from someone who was contacted by a look-alike site or a stranger promising an Upbit account; the genuine exchange does not open accounts for anyone without a Korean real-name bank account, so any offer to do so is the red flag.

Registered as a virtual asset service provider with South Korea's Financial Intelligence Unit under the Special Financial Transactions Act, with a real-name account partnership with K Bank; sanctioned by the FIU in 2025 for KYC and travel-rule failures.
Operating since 2017, headquartered in Seoul, South Korea
Identity verification required
Holds customer funds; withdraw to your own wallet

What "safe" looks like when a trade goes sideways

Read the one-star reviews of Upbit and a pattern appears: foreigners and overseas applicants rejected at the k bank linking step, withdrawal holds after a new deposit and during the november 2025 hack response, server delays and order lag during korean volatility spikes, korean-only support with no phone line for anyone abroad. These are compliance and process events, not theft, and every regulated platform has them. The difference is what you can do about it. On Upbit you open a ticket or a chat and wait. At Anytime Capital you call (470) 748-2530 and speak to someone who can see the order, or walk into the Atlanta branch at 2549 Piedmont Road NE, Suite 110, Atlanta, GA 30324 and resolve it across a desk.

A front door, not a chat window

Upbit is built to be used through a screen. We are built to be visited. Bring cash, bring questions, or bring a problem another platform could not solve.

Atlanta branch: 2549 Piedmont Road NE, Suite 110, Atlanta, GA 30324
Hours: Mon–Fri 10am–5pm · Sat 10am–2pm
Phone: (470) 748-2530

Anytime Capital branch storefront on Piedmont Road in Atlanta — Atlanta branch, Piedmont Road NE

One Biscayne Tower in Miami, home of the Anytime Capital Miami office — Miami office, One Biscayne Tower

How to protect yourself on any platform

Use the real website address and never a link from a message. Turn on two-factor authentication. Send your first purchase to a wallet you already control and confirm it arrives before buying more. Keep a screenshot of the confirmation screen with the fees. And if anyone contacts you claiming to be from any exchange and asks you to move money, hang up and call the number on the company's own site.

Leaving Upbit? Your wallet address works here too.

Verify once with your ID and a selfie, pick a coin, choose any of nine ways to pay, and paste any wallet address you control. Card and Apple Pay orders confirm in minutes; wires settle the same business day.

Buy crypto now Open a free account

Non-custodial wallet, or your own address
FDIC-insured cash account with a free debit card
(470) 748-2530 during business hours
Walk-in branch in Atlanta, office in Miami

Side by side

Upbit vs Anytime Capital, row by row

A green check marks the platform with the edge on that row. Anytime Capital leads on 11 of 14.

Category	Upbit	Our pick
Card purchase fee	No card, Apple Pay or Google Pay purchases at all; the only way in is a Korean-won transfer from a linked K Bank account, so a card never enters the picture	From 4% with the spread included, quoted in full before you confirm
Trading fees	0.05% maker and taker on the KRW market, with BTC and USDT markets cut to 0.05% from 0.25% in a promotion that began August 29, 2026	One all-in price per order with the spread included, plus an OTC desk for size
Pay with cash	Not offered	Cash at the Atlanta branch, or cash by mail from anywhere in the U.S.
Domestic wire	Not available; U.S. dollars cannot be deposited at all	Same-day domestic wire for larger orders through the OTC desk
Apple Pay & Google Pay	No	Yes
Talk to a human	Korean-language 1:1 inquiries in the app and a Korean customer center; no English or U.S. phone line	Phone (470) 748-2530, email, and two walk-in offices
Physical locations	None for customers	Atlanta branch and Miami office
Where it serves	Upbit does not serve U.S. customers. It is a Korean-won exchange that requires a Korean real-name bank account, and its separately run Singapore, Indonesia and Thailand affiliates also exclude U.S. residents.	Serves customers worldwide, with U.S. offices in Atlanta and Miami; eligibility confirmed during verification
Identity verification	Korean mobile phone verification, a government ID, and a real-name K Bank account in the same name; foreign nationals need an Alien Registration Card and most cannot open the K Bank account at all.	Government ID and selfie online, or in person at the Atlanta branch
Bank account & debit card	No FDIC-insured cash account	FDIC-insured cash account with a free virtual debit card
Large orders	Deep KRW order books but no service outside Korea; no U.S. OTC desk	Dedicated OTC desk with a named contact
Custody of your coins	Held in your account until you withdraw	Your own wallet address, or the free non-custodial Anytime Capital wallet
Regulation	Registered as a virtual asset service provider with South Korea's Financial Intelligence Unit under the Special Financial Transactions Act, with a real-name account partnership with K Bank; sanctioned by the FIU in 2025 for KYC and travel-rule failures.	U.S.-based, FinCEN-registered money services business
Way to escalate a problem	Support is built for Korean residents in Korean. There is no U.S. number, no English chat, and no way to visit anyone.	Phone, email, or in person at the Atlanta branch

Card purchase fee
Upbit
No card, Apple Pay or Google Pay purchases at all; the only way in is a Korean-won transfer from a linked K Bank account, so a card never enters the picture
Anytime
From 4% with the spread included, quoted in full before you confirm
Trading fees
Upbit
0.05% maker and taker on the KRW market, with BTC and USDT markets cut to 0.05% from 0.25% in a promotion that began August 29, 2026
Anytime
One all-in price per order with the spread included, plus an OTC desk for size
Pay with cash
Upbit
Not offered
Anytime
Cash at the Atlanta branch, or cash by mail from anywhere in the U.S.
Domestic wire
Upbit
Not available; U.S. dollars cannot be deposited at all
Anytime
Same-day domestic wire for larger orders through the OTC desk
Apple Pay & Google Pay
Upbit
No
Anytime
Yes
Talk to a human
Upbit
Korean-language 1:1 inquiries in the app and a Korean customer center; no English or U.S. phone line
Anytime
Phone (470) 748-2530, email, and two walk-in offices
Physical locations
Upbit
None for customers
Anytime
Atlanta branch and Miami office
Where it serves
Upbit
Upbit does not serve U.S. customers. It is a Korean-won exchange that requires a Korean real-name bank account, and its separately run Singapore, Indonesia and Thailand affiliates also exclude U.S. residents.
Anytime
Serves customers worldwide, with U.S. offices in Atlanta and Miami; eligibility confirmed during verification
Identity verification
Upbit
Korean mobile phone verification, a government ID, and a real-name K Bank account in the same name; foreign nationals need an Alien Registration Card and most cannot open the K Bank account at all.
Anytime
Government ID and selfie online, or in person at the Atlanta branch
Bank account & debit card
Upbit
No FDIC-insured cash account
Anytime
FDIC-insured cash account with a free virtual debit card
Large orders
Upbit
Deep KRW order books but no service outside Korea; no U.S. OTC desk
Anytime
Dedicated OTC desk with a named contact
Custody of your coins
Upbit
Held in your account until you withdraw
Anytime
Your own wallet address, or the free non-custodial Anytime Capital wallet
Regulation
Upbit
Registered as a virtual asset service provider with South Korea's Financial Intelligence Unit under the Special Financial Transactions Act, with a real-name account partnership with K Bank; sanctioned by the FIU in 2025 for KYC and travel-rule failures.
Anytime
U.S.-based, FinCEN-registered money services business
Way to escalate a problem
Upbit
Support is built for Korean residents in Korean. There is no U.S. number, no English chat, and no way to visit anyone.
Anytime
Phone, email, or in person at the Atlanta branch

Ways to pay

9 ways to pay here. 0 at Upbit.

Upbit does not take U.S. dollars from a U.S. customer directly. Every rail below is live at Anytime Capital, including the ones no online platform offers.

MethodUpbitAnytime Capital

Apple PayInstant, from your phoneNoYes
Google PayInstant, Android and webNoYes
Debit cardVisa and MastercardNoYes
Credit cardAmex and Discover accepted hereNoYes
ACH bank transferLower cost, settles in business daysNoYes
Domestic wireSame-day for larger ordersNoYes
Cash AppPay from your Cash App balanceNoYes
Cash in personAtlanta branch, counted at the counterNoYes
Cash by mailFrom anywhere in the U.S.NoYes

Coins

Every major coin, one checkout

Most of the volume on any platform is in the same few dozen coins. Every one below has its own buy page here, with Apple Pay, card, ACH, wire and cash at checkout.

How it works

Three steps from Upbit to here

1
Verify once
Government ID and a selfie, online in minutes. Stuck? Call the branch or come in and finish it in person.
2
Pay your way
Apple Pay, Google Pay, card, ACH, wire, Cash App, cash in branch or cash by mail. The full price is on screen before you confirm.
3
Receive and keep going
Coins land in your own wallet or the free Anytime Capital wallet. Sell back to an FDIC-insured cash account and spend with the debit card.

Buy crypto now Call (470) 748-2530 Buy Bitcoin now

Ready to leave Upbit behind?

Anytime Capital is a U.S. money services business serving customers worldwide, with a branch in Atlanta, an office in Miami, and card pricing from 4% with the spread included. Verification takes minutes, nine payment methods are live, and (470) 748-2530 reaches a person during business hours.

Wire transfer
Cash in person

Buy crypto now See fees & limits

Digital assets are not FDIC-insured, are not bank deposits, and may lose value. Availability and limits subject to identity verification and compliance review.

Questions