Coincheck takes it, 2 criteria to 1.
Criterion by criterion
| Criterion | Coincheck | Upbit |
|---|---|---|
| Regulation | 8.0 | 7.0 |
| Fees | 7.0 | 7.0 |
| Platform | 7.0 | 6.0 |
| Support | 6.0 | 6.0 |
| Trader reviews | 6.0 | 7.0 |
| Trust score | 6.8 | 6.6 |
The facts, side by side
| Coincheck | Upbit | |
|---|---|---|
| Founded | 2012 | 2017 |
| Headquarters | JP | KR |
| Minimum deposit | JPY 1,770 (about USD 11 at August 2026 rates) | KRW 5,000 (about USD 3.53 at August 2026 rates) |
Coincheck: strongest points
- Registered crypto asset exchange service provider, Kanto Local Finance Bureau No. 00014, verified on the FSA register in both languages
- Payment Services Act client asset regime: customer money in trust at JSF Trust and Banking, crypto segregated in per asset cold wallets
- Customer crypto matches to the yen on both sides of the balance sheet at 678,230 million yen, reconciled every business day
Upbit: strongest points
- KRW spot trading at 0.05% maker and taker, among the cheapest anywhere, with no volume tier needed
- A BDO member firm has run agreed upon procedures over reserves quarterly since June 2018, most recently 103.27% of digital assets and 118.29% of money payable as at 1 July 2026, with the five short assets named and a proof of control test on a wallet the accountant chose
- Pays 2.1% a year before tax on idle won balances, as the Virtual Asset User Protection Act requires
Full detail, licence tables and the evidence behind every number: read the Coincheck review and the Upbit review. Scores are recomputed daily and this page updates with them.
SCORES ARE COMPUTED BEFORE ANY COMMERCIAL CONVERSATION ยท MONEY BUYS THE SLOT, NEVER THE NUMBER