Review on Bithumb by Cesar Medina
Largest and popular exchange in South Korea
Bithumb is one of the most successful and popular exchanges with the highest volume of operations based in South Korea. It will allow us to exchange multiple crypto-currencies that have greater reach worldwide. In addition, there are applications for mobile devices for both Android and iOS.
When using the platform I realized that it is easy to use despite the few advanced features it has, so I think it is ideal for those who are not so expert in crypto currencies and will use it without so many problems. The exchange has several languages apart from Korean, such as Spanish and English. The transactions we make will be secured and easy to do.
The customer service is excellent and we will have the opportunity to contact you 24/7. We can contact you via email or the international customer support line which offers help in multiple languages. In addition, they have a FAQ section with answers that will be very helpful.
A few years ago this exchange suffered a hack that stole a lot of personal data from about thirty thousand customers, and many of them lost their funds. This makes it a little difficult to trust this exchange. However, they have implemented new security measures including security PINs for withdrawals or transfers of funds.
In general, it is a very easy platform to use for both novice and expert users, there are good commissions, good customer service and it has a significant popularity that makes it relevant for use.
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Pros
- We will have a customer service that works every day and attends in multiple languages. In addition, they offer a FAQ section with their answers.
- The commissions they have are low, better than any other cryptocurrency exchange.
- We will have the possibility to have the most recognized and popular cryptocurrencies from all over the world.
- The platform has an easy to use interface for any user whether he is an expert or a beginner in cryptocurrencies.
Cons
- It suffered a hack where many users were affected. This takes away a bit of trust for users to trade on the exchange.
