Korbit is a South Korean cryptocurrency exchange that was founded in 2013 by Tony Lyu, Kangmo Kim, and Louis Jinhwa Kim. The exchange was launched with the aim of providing a secure and reliable platform for South Korean traders to buy and sell cryptocurrencies. The founders of Korbit have a strong background in finance and technology, which has helped them to build a robust and user-friendly platform that has become one of the most popular cryptocurrency exchanges in South Korea.

Korbit is headquartered in Seoul, South Korea, and has become one of the leading cryptocurrency exchanges in the country. The exchange has a strong reputation for security and reliability, which has helped it to attract a large number of users. Korbit has also been at the forefront of regulatory compliance in South Korea, working closely with the government to ensure that it operates within the legal framework of the country.

Korbit has been instrumental in the growth of the cryptocurrency market in South Korea, providing a platform for traders to buy and sell a range of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. The exchange has also been active in promoting the adoption of cryptocurrencies in South Korea, working with merchants to enable them to accept payments in digital currencies. Overall, Korbit has played a significant role in the development of the cryptocurrency ecosystem in South Korea, and its founders continue to be active in promoting the benefits of blockchain technology.