Hanbitco – Exchange Review

Hanbitco is a South Korea-based centralized exchange with roots in 2017. It holds strong credentials – ISO 27001, ISMS certifications, even a seat at Korea’s blockchain table. But today, it’s largely dormant.

Quick overview

Here’s the short take:

• Established in 2017 and formally regulated in South Korea.
  
• Markets claim just a handful of trading pairs – around 7 crypto options and 11 markets.
  
• Trading volume is effectively zero over the past 24 hours – activity has flatlined.
  
• Designed to be transparent, but now ticks more like a ghost station.
  

What it offers

What remains minimal and straightforward:

• Basic spot markets opening a few token options.
  
• Standard flat fee of around 0.10 % per trade.
  
• No fiat routes – pure crypto-to-crypto swapping.
  

Liquidity and activity now

Here’s the reality check: daily volume sits at zero – and some platforms flag a dead exchange. User traffic is nearly nonexistent.

Fees and costs

Maker and taker fees both sit tight at 0.10 %, with just a modest BTC withdrawal fee.

Onboarding and UX

You’d need KYC to trade. No fancy tools – just a clean interface, limited market depth. It’s functional, but feels abandoned.

Strengths

Where it still stands out:

• Solid regulatory credentials – ISO and ISMS certified.
  
• A member of Korea’s blockchain association, with a mission for transparent crypto finance.
  

Weaknesses

Where it breaks down:

• All but zero trading volume – markets are effectively dormant.
  
• Only minimal token options and no deeper tools or incentives.
  
• No visible activity or community presence – quiet beyond repair.
  

Who it suits

If you’re exploring regulatory legacy in Korean crypto or examining compliant infrastructure – this has historical value. Not for actual trading, liquidity, or growth.

Final take

Hanbitco is the echo of a serious Korean CEX with compliance and credibility in its genes – but its heart has stopped. Secure on paperwork, yes – but no heartbeat in the market. A relic, not a venue.