Korea Crypto CounselA focused legal service of DECENT Law FirmStandard
$3,000 USD5 business days
To first draft · Fixed final fee
Request standard reviewToken classification under Korean law
Legal opinions for
token listings on
Upbit & Bithumb.
Independent Korean-law analysis of whether your token constitutes a security. Legal opinion letters in Korean and English for submission to Upbit and Bithumb.
Official portal links. Independent counsel; no exchange affiliation or endorsement.
Fixed final fees from USD 3,000. One round of exchange follow-up included. Independent legal review, not a listing guarantee.
100+Legal opinions prepared for Upbit and Bithumb submissions
Two languagesKorean and English deliverables
Direct to counselEmail Hyeonsu “Elliot” Jin
Transparent engagement
One service.
Your preferred timeline.
The same bilingual opinion service at every tier. Choose the first-draft timeline that fits your application. No complexity surcharge within the stated scope.
Expedited
$5,000 USD3 business days
To first draft · Fixed final fee
Request expedited reviewPriority
$7,000 USD1 business day
To first draft · Fixed final fee
Request priority reviewKorean + English opinionsOne round of exchange follow-upUSDT / USDC accepted
The quoted amounts are the final fees, with no additional tax or complexity surcharge within the stated opinion service. Timing starts after all required materials and payment have been received and we have accepted the engagement. One-business-day service is subject to document and capacity review. The agreed first-draft deadline is confirmed by email. Broader regulatory advisory is scoped separately.
Start with two document sets
What we need
for the legal review.
These are the starting materials for our legal review, not the exchange’s complete listing checklist. Email us first to confirm the engagement and document-delivery instructions.
See how the review worksApplicant entity documents
Certificate of incorporation, corporate registry extract or equivalent formation evidence for the entity applying for the exchange listing.
Token materials
The white paper and other materials describing the token submitted for listing.
Email first to confirm the engagement and document-delivery instructions.
Focused Korean-law support
Token opinions.
Broader regulatory counsel.
A focused point of contact for overseas token projects and digital-asset businesses navigating Korean legal questions.
Exchange listing legal opinions
Bilingual opinions, Korean-law securities review and one round of exchange follow-up. Fixed fees and defined draft timelines.
Explore the opinion service →Korean regulatory counsel
Advice tailored to your business model, proposed activities and Korean-market questions. Scope and fees agreed separately.
Explore regulatory counsel →Before you engage
Practical questions.
Direct answers.
Is this an exchange listing or application-submission service?
No. Email us to engage independent Korean counsel for a token legal opinion. Your authorized project representative submits the exchange application through the official route. We do not broker listings, manage an exchange’s decision, or promise a listing date. Our fees and draft timelines relate only to our legal work.
Do the two document sets cover the entire exchange application?
No. Entity incorporation documents and token materials are the starting point for our legal review. Exchanges may also require technical reviews, audit reports, token distribution information and other materials. See the official exchange process summaries and the relevant portal for its full requirements.
What is included in the fixed fee?
An exchange-submission legal opinion in Korean and English, including review of the token’s securities characteristics under Korean law, plus one round of responses or revisions following exchange feedback.
When does the turnaround period start?
After we receive all required materials and payment and accept the engagement. The period refers to the first draft, not exchange approval. We confirm the actual deadline by email; priority requests are subject to document and capacity review.
Can we pay in USDT or USDC?
Yes. All three service tiers can be paid in USDT or USDC. Please obtain payment instructions directly from the firm before making a transfer.
Does the opinion guarantee a listing or a non-security conclusion?
No. The legal conclusion depends on the facts and applicable law. Exchange listing decisions are made by the exchange. We do not sell guaranteed conclusions or guarantee listing approval.
Do you work for Upbit or Bithumb?
We provide independent legal services to clients seeking opinions for exchange applications. References to the exchanges describe the intended submission context, not an affiliation, endorsement or preferred-provider relationship.
Official exchange procedures
How token listing
reviews proceed.
The exchanges run their own reviews. The steps below summarize their official English portals; our role is to prepare your Korean-law legal opinion, not to submit or broker the listing application.
Official listing portal ↗- 01
Application Submission
Submit project information and supporting materials through the official portal.
- 02
Preliminary Review
Upbit checks eligibility, completeness and basic information.
- 03
Formal Evaluation
The project is assessed in depth under Upbit’s listing principles.
- 04
Committee Decision
The review outcome is determined through Upbit’s internal decision process.
- 05
Listing
Trading support may begin once the applicable preparations are complete.
- 06
Post-Listing Monitoring
Information updates and ongoing cooperation continue after listing.
Who submits: the project’s issuing or operating entity, or an individual formally authorized to act for it. Upbit does not accept broker applications. Submission confirms receipt only, not the start or approval of a listing review. Review timing varies.
Official listing portal ↗- 01
Application submission
Prepare the listing application, white paper, technical review report, distribution and sale prospectus, third-party legal opinions, ethics pledge, compliance statement and other requested materials.
- 02
Internal and external evaluation
The Listing Deliberation Committee reviews eligibility with external technical, financial and legal professionals.
- 03
Listing-related communication
Communicate with Bithumb about the listing review and related matters.
- 04
Marketing and listing discussions
Discuss and review the relevant marketing and listing agreements.
- 05
Project listing
The project proceeds to listing if it progresses through the exchange’s process.
After listing: Bithumb separately describes ongoing listing monitoring. Its public submission list expressly includes “Legal opinions from third parties.” The public list does not specify the full jurisdictional or content requirements for every opinion.
New-applicant access: checked 13 Nov 2026
New-account sign-up displayed an unavailable notice and directed inquiries about new listing applications to [email protected]. The homepage still describes official-portal submission. The notice is an inquiry route, not confirmation that application documents may be filed by email. Please check the current portal instructions.
Where our legal opinion fits
We review the applicant entity and token materials, provide a Korean-law securities analysis in Korean and English, and include one round of legal explanations or revisions requested by the exchange. The authorized project applicant submits the opinion with the other required materials.
Our 1 / 3 / 5-business-day options concern the first legal-opinion draft, not the exchange’s review or listing date. Our fixed fee is for independent legal work, not a fee paid to an exchange. Neither our opinion nor progress through these steps guarantees listing.
See our legal-opinion engagement process →Source: Upbit official English listing portal and Bithumb official English listing portal, reviewed 13 November 2026. Step descriptions are summaries. For current submission requirements and access, follow the relevant exchange’s instructions. The exchange names and logos belong to their respective owners.
The people behind your counsel
A focused service.
An established legal team.
Meet lawyers whose published practices include crypto and cross-border work. Your initial point of contact is Elliot Jin; staffing is confirmed for each engagement.
Managing Partner
Hyeonsu “Elliot” Jin
Cross-border · Dispute Resolution · Crypto · VC · Financial Advisory
Official firm profile ↗
Managing Partner
Pureun “Ian” Hong
Criminal · Class Action · Crypto
Official firm profile ↗
Partner
Sunghwan “Sean” Lim
Civil · Criminal · Crypto
Official firm profile ↗
Associate
Juye “Elizabeth” Han
Cross-border · Dispute Resolution · Crypto · VC · Financial Advisory
Official firm profile ↗Legal services are provided by DECENT Law Firm. Individual practices differ; the firm directory is not a representation that every lawyer is assigned to your matter.
Meet all 12 lawyers →
Your next step
Tell us about your project.
Email your project name, target exchange and preferred timeline.