Reviews of 코빗 - 가상자산 거래소 (비트코인, 이더리움)

By: Korbit

List of user reviews and ratings for 코빗 - 가상자산 거래소 (비트코인, 이더리움)

Total ratings

2.43 (Rating count: 3,881)

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Review summary

Many users express frustration that the Korbit app lacks English language support and restricts foreign users from fully accessing features such as trading, deposits, and withdrawals. Even with valid visas and Korean bank accounts, foreigners encounter difficulties verifying their identities and using the platform effectively. Despite some positive feedback about the app's core functions and past usability, the foreigner-unfriendly policies and language barrier are the most frequently mentioned issues.

Pros

The app has full English menu support according to at least one review.
The app is considered excellent in terms of its core functions by some users.
The app was user-friendly before 2018.
Users appreciate the English support when available.

Cons

No English language option, making it difficult for foreigners to use.
Foreigners cannot verify their ID or trade even if they have valid visas and bank accounts.
The app primarily supports only Shinhan Bank, limiting deposit and withdrawal options.
Foreigners cannot deposit or withdraw Korean Won (KRW), restricting the usability of the app.
Customer service and verification process are not helpful or transparent for foreign users.

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User Reviews

Recent rating average: 1.70

All time rating average: 2.43

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189% (17)

Date	Author	Comment
2025-01-07	Ki*****	Foreigners cannot use this. You can sign up, but not trade. You can even give your bank info, but not trade.
Foreigners cannot use this. You can sign up, but not trade. You can even give your bank info, but not trade.
2024-09-02	Le*****	I'm amazed this app was available for me to download. There is no option for English language. Additionally, customer service confirmed to me that there is currently no way for customers outside of South Korea to even use the app because they can't verify foreign ID documents.
I'm amazed this app was available for me to download. There is no option for English language. Additionally, customer service confirmed to me that there is currently no way for customers outside of South Korea to even use the app because they can't verify foreign ID documents.