Upbit is a South Korean cryptocurrency exchange that was launched in October 2017. The exchange was founded by Dunamu Inc., a subsidiary of Kakao Corp, which is one of the largest internet companies in South Korea. The founders of Upbit are Song Chi-Hyung, Lee Sir-goo, and Kim Jin-hwa. Song Chi-Hyung is the CEO of Dunamu Inc. and has extensive experience in the financial industry. Lee Sir-goo is the CTO of Dunamu Inc. and has a background in software engineering. Kim Jin-hwa is the COO of Dunamu Inc. and has experience in the financial industry.

Upbit is located in Seoul, South Korea, and is one of the largest cryptocurrency exchanges in the world. The exchange offers trading in over 200 cryptocurrencies and has a daily trading volume of over $1 billion. Upbit is known for its user-friendly interface and advanced security features. The exchange has implemented a multi-signature wallet system and offers two-factor authentication to ensure the safety of its users' funds.

Upbit has quickly become one of the most popular cryptocurrency exchanges in South Korea and has expanded its services to other countries, including Indonesia, Singapore, and Thailand. The exchange has also partnered with Bittrex, a US-based cryptocurrency exchange, to offer its users access to a wider range of cryptocurrencies. Upbit's success can be attributed to its strong management team, advanced security features, and commitment to providing a user-friendly trading experience.