Upbit is one of the top volume risers for STEEM and SBD yet while sites show it as one exchange, its actually 3 different ones.
Upbit Korea
Upbit Global (Singapore based)
Upbit Indonesia
They do share order books to some point but have different law enforcements and rules for KYC etc. And also.. different FIAT pairs. KRW/SGD and IDR.
They also share order books with Bittrex since thats how liquidity is made.
Markets
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