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Review on Bithumb by Roseline Patrick

Revainrating 3 out of 5

Bithump is simply inactive and that is a reason you should avoid it.

Bithump is the new discussion that we shall be talking about for today. What is the bithump all about? The bithump is simply one of South Korean's stock exchange platform that provides the best response when it comes to making exchange within different currency ranging from EUR,NGN,BNB, and many More. The bithump made exchange for the Korean's a very easy task to initiate but when it security firmware was hit by a group of hackers it lost security of users database and their informations this resulted in many losses from the platform and also to the users.

In addition,bithump lost close to about three million worth of EOS and twenty million Worth of XRP as well as other cryptocurrency which were not certainly disclosed. It is believed that the platform was hacked by an insider because during the time of the hack it started noticing a suspected withdrawal which was initiated by the platform owners but an unknown persons.

Pros
  • It is popular for stock exchange transactions in South Korean.
Cons
  • It is inactive
  • No updates from it service team
  • It rejects deposit and withdrawal.
  • It is unsecured for now.

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