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Bithumb Review

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Revainrating 3.5 out of 5  
Rating 
3.7
Crypto Exchanges

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Description of Bithumb

What Is Bithumb? Bithumb is one of South Korea's largest crypto exchanges, with $205 million in daily trading volume at the time of writing and with 170+ listed cryptocurrencies. The platform supports crypto bot trading, provides extensive investment opportunities and accounts for institutional investors, ensures access to major liquidity pools, offers clients the option to earn passive income through deposit programs, and presents 24/7 customer support and a user-friendly interface. The exchange is not regulated, but is on its way to complying with the requirements of international financial regulators such as FIU and FSC. Users cannot trade without a registered account. They must complete an OTP verification process. The network applies a progressive identity protection system, (ISMS service), uses advanced AML verification, and also introduces a 24x7 trade monitoring system for the exchange. Since its launch, Bithumb has developed from a Korea-focused cryptocurrency exchange to one that serves the global market. Bithumb aims to become a comprehensive digital financial corporation based on the blockchain. General Inquiry: info@bithumbcorp.com Listing Inquiry: listing@bithumbcorp.com Partnerships: partnership@bithumbcorp.com Medium: https://medium.com/bithumb-official-blog Who Are the Bithumb Founders? Dae-sik Kim is the South Korean entrepreneur, founder and former CEO of Bithumb. In 2018, he left his post and joined Bezant as Chief Cryptocurrency Officer. Another key figure is Javier Sim, co-founder and managing director at Bithumb Global Holdings. He attended the City University of Hong Kong and Cardiff University. Before Bithumb, Sim worked as an investment banker at HSBC and BOCI (Bank of China International). Bithumb's current CEO is Back Young Heo. When Did Bithumb Launch? The Asian project was created by BTC Korea.com Co. Ltd in 2013, established in 2014, and headquartered in South Korea, Seoul. In 2014, the exchange was launched as Xcoin. Later in 2015 it was renamed to Bithumb. Its mobile version for Android and iOS was released in 2016. Bithumb Restricted Countries Primarily, the exchange serves the people of South Korea. Bithumb is available all over the world. The list mentions 21 nations that failed to comply with the Financial Action Task Force (FATF) recommendations, including Yemen, Syria, Myanmar, Barbados, Iceland, Iran, North Korea and others. What Coins Are Supported on Bithumb? The exchange lists 180+ digital assets and supports 280+ trading pairs. Users can buy/sell/exchange multiple cryptocurrencies, including BTC, ETH, XRP, ETC, ADA, DOT, MATIC, BCH, LTC and more. How Much Are Bithumb Fees? Transaction fees range between 0.04% to 0.25%. The basic commission for trading (the maker fee or the taker fee) is 0.15% of the total purchase/sale amount. The exchange also offers its users lower rates and vouchers that can be accessed through user accounts. There are no deposit fees. Is It Possible To Use Leverage or Margin Trading on Bithumb? Bithumb does not provide leverage or margin trading.
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Reviews

Global ratings 43
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Type of review

-Hello and welcome to the Bithumb review! Have you wondered if you should buy and sell cryptocurrency on Bithumb, but need more information on whether to trust this exchange? Are you a little afraid before you start trading on this exchange and you need to make sure its reliability by reading Bithumb reviews? Before registering, it is always important to consider what payment methods the cryptocurrency exchange supports, as it may not have the option you are looking for. The good news is that…

Pros
  • Good
Cons
  • No problems

Revainrating 3 out of 5

There are so many types it's hard to say.

Bithump is one of the dominant exchange platforms in South Korea because users have the necessary features to trade whatever currency pair they want. He offered to build a stock in Korean society and allowed him to enter and take pictures immediately, but he was not as active as before. The platform was previously attacked by thieves for protecting its familiar functions. In fact, the attack was an internal affair, a conversation between members of the bithump platform. They began to see how an

Pros
  • This is a period of widespread use for cryptocurrency exchange and trading.
  • The entrance is simple.
  • Attracts buyers to trade in various currency bases.
Cons
  • Lost access to encryption key.

Revainrating 4 out of 5

Bithumb Exchange

Today I will like to summit my review on BITHUMB Exchange base on my few weeks experience in the platform. Bithumb was founded in year 2014 in South Korea by Javier Sim Bithumb is one of the front line in Cryptocurreny exchange trading market especially in Korea, but tear apart with the issue of insecurity. This platform has been HACKED by Hacker and even face a lot of challenges with the Korea Government in time of tax. At moment of the challenges this company lost millions Coins and ass

Pros
  • Availability of good currencies
  • Super security factor
  • Easy to use for old traders
Cons
  • Native security history

Revainrating 5 out of 5

ABOUT BITHUMB

This exchange is based in South Korea and is one of the world's largest Bitcoin and altcoin exchanges on a global scale. Discussing Bithumb's size and transaction volume is illogical anyway. But as with every stock exchange, this stock exchange has some cons and a number of pros. The pros are as follows: large volume purchase, multiple types of trading and very low transfer rates. The downside is that it is only available to South Korean users, has been previously attacked by virtual thieves…

Pros
  • live chat with customer service
  • Large liquidity
  • easy to use platform
  • multiple trading pairs
Cons
  • High flat trade fee
  • KYC required

Revainrating 4 out of 5

Trusting Bithumb

Bithumb, a major cryptocurrency exchange based in South Korea, has grown rapidly in the cryptocurrency market. Suddenly he climbed to the top ranks. Bithumb, Clover will be a supporting project for DeFi applications; He said it would take advantage of its cross chain capabilities. However, since Bithumb does not want to attract external partners, including other exchanges, it is possible to say that Bithumb does not grow as much as other exchanges. In addition, Bithumb has made some…

Pros
  • Founded a research and development center
  • Has its own coin
  • Many crypto currencies are listed
Cons
  • Trust problem due to police raids
  • Hacked in July

Revainrating 3 out of 5

Crypto exchange Bithumb promising, but not active at the moment

It would seem that it is a good, convenient exchange for a quick exchange, more popular in South Korea. Intuitive interface and easier registration than others. Accessible use in different languages ​​of the world, which is not unimportant. Commissions are low - many note this. But there are a lot of questions, doubts about them. And not just like that. The exchange has ceased to be active, there are problems with the exchange, buying and selling. No service updates. In addition, the most…

Pros
  • Convenient, simple site
  • Low fees
Cons
  • Unsafe, no reliable protection
  • Not active

Revainrating 3 out of 5

My review on bithump.

Bithump is one of the largely dominated exchange platform in the whole of South Korea as it has virtually all the features that is needed to trade any currency pairs of the users choice. It offered exchange of stocks within the Korean community and allowed for instant deposit and withdrawal as well but today it is no longer active like it used to be. This platform has been hit by hackers as it longer retain the qualities that it once was known for. In addition, after the attack it was…

Pros
  • None for now.
Cons
  • It is inactive.
  • Lost access to encryption key.

Revainrating 3 out of 5

Bithumb exchange with nice security features.

Bithumb is a decentralized trading platform that can help multiple cryptocurrency pairs. What I like about these alternative platforms is that once recommended, you can easily access the cryptocurrency pairs to complete orders. Still a top-notch Bithumb hacker brought the exact operator and helped the customer solve the problem. We hope that customers understand that the platform dares to occupy a long-term position in the market and provide customers with smooth operations. Any of my first…

Pros
  • Nice security features
  • Easy to use
  • Fast transactions
  • Low transaction fee
Cons
  • Limited to Korea

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

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.

Revainrating 4 out of 5

BITHUMB CRYPTOCURRENCY EXCHANGE PALTFORM

BIthumb is a Korean stunt stand-in, gathering testimonies for an extended time (2013-2020). I am now no longer Korean anymore, however I seized this possibility as a Korean. First of all, I took this possibility to return back here, and it grew to become out to be superb and profitable, despite the fact that I additionally encountered buying and selling problems. Bithumb is simply a totally web-primarily based totally platform that may be used thru the Chrome browser. He did a splendid job. The

Pros
  • Very dependable clients guide group
  • It is available in diverse worldwide languages
  • Registration is simple and simplified
  • The platform has a Nice and attractive net design
  • It fees distinctly low fees
  • It offers with most important cryptocurrencies
Cons
  • KYC verification is probably strenuous to new customers
  • It would not guide the USD and EUR as Fiat currencies

According to Bithumb, South Korea's cryptocurrency trading has created its own innovation business (R&D). As a result of the move, Bithumb has reportedly become the main organization in South Korea with a blockchain and crypto cash search center. Bithumb later said the test site was affecting the organization. The research team will also show zero in elite exchanges combined with frameworks that can deal with large orders at the same time. Bithumb also plans to remove restrictions to restrict…

Pros
  • Very supportive customer service
  • The fees here are attractive and competitive
  • Great liquidity
Cons
  • The site is old
  • It does not support Fiat currencies

Revainrating 4 out of 5

Bithump exchange review

I should share my review on Bithump Bithump is a head advanced cash and trading stage. Bithump is security perceptive concerning customers Its set up in South Korea. it licenses US of America inhabitants to trade on it stage Bithump is one of the notable exchange stage the Bithump is an amazing trading stage that offers low trading fee Bithump offers one of the best trading stage Bithump simplifies it for it customers to investigate easily Bithump is tradition

Pros
  • It's a broadly used cryptographic cash exchange and trading stage
  •  It's easy to use
  • It engages customers to trade different financial principles
Cons
  • No antagonistic overviews until further notice, if there's one I will invigorate later

Revainrating 4 out of 5

Bithump trade audit

I might want to share my audit on Bithump Bithump is a premier digital money and exchanging stage. Bithump is security cognizant with regards to clients Its established in South Korea. it permits US of America residents to exchange on it stage Bithump is one of the well known trade stage in the Bithump is an awesome exchanging stage that offers low exchanging fee Bithump offers one of the greatest exchanging stage Bithump makes it simple for it clients to explore eas

Pros
  • It's a famously utilized cryptographic money trade and exchanging stage
  • It's not difficult to utilize
  • It empowers clients to exchange various monetary standards
Cons
  • No adverse surveys for the time being, if there's one I will refresh later

Revainrating 4 out of 5

Bithumb

Bitthumb is the title of trade as of now holding most of volume occured not as it were in Korea but from around the world clients. Bitthumb could be a quality trade based in Korea and makers with a long time of involvement and investigate has deliver one of the solid and multi highlight trade and oversee hold it at one put altogether.  Bitthumb Give Auto Exchanging Office Bitthumb not as it were give classic exchanging conditions for dealers but moreover Bitthumb has too built Apps for…

Pros
  • security
  • easy to use
Cons
  • nothing

Revainrating 4 out of 5

Bithump exchange review

I would like to share my review on Bithump Bithump is a foremost cryptocurrency and trading platform. Bithump is security conscious when it comes to customers Its founded in South Korea. it allows United states of America citizens to trade on it platform Bithump is one of the popular exchange platform in the Bithump is a very good trading platform that offers low trading fee Bithump offers one of the highest trading platform Bithump makes it easy for it users to navigate easily Bithump is…

Pros
  • It's a popularly used cryptocurrency exchange and trading platform
  • It's easy to use
  • It enables users to trade in different currencies
Cons
  • No negative reviews for now, if there's one I will update later

Revainrating 3 out of 5

Bithumb exchange platform review

With the experience I have with this platform few weeks ago , bithumb did a great job, looking at the website design and the beautiful colours made it interface appealing.  Bithumb platform deals with crpyto currencies it's doesn't support USD and UR as fiat currencies . Bithumb transactions fee is 0.15%both on takers and markers. Bithumb support team offers quick response to the customers compliant . Bithumb has a hack history some times ago due to the poor security but now make use of KY

Pros
  • Good customer support
  • Registration is easy
  • Charges is relatively low
Cons
  • Hack history
  • Not available on mobile App

Revainrating 3 out of 5

My Few Month using Bithumb

i  came across Bithumb few months ago while searching for a more convenient exchange to trade with. Though it a Korean exchange, it contains many international languages and a very beautiful web interface. Yes, it operates a web-based trading platform. Even though it has a beautiful, nice and colourful interface, it could be difficult for a newbie in trading to navigate and make use of some of the features One good advantage I found about Bithumb is that it a very low transaction and trading…

Pros
  • It has many cryptocurrency to trade on
  • It has a transaction fee
  • It has various international languages
  • Beautiful interface and easy registration
Cons
  • New users in trading might find it difficult to trade.
  • May be difficult for international users to operate or carry out KYC verification
  • It's minimum trading amount is higher compared to other major exchange

Revainrating 4 out of 5

My review on Bithumb

Bithumb is an exchange with an experience of over six years. It is a Korean exchange developed in 2013. I have used Bithumb for 5 years now (2016-2021) and it has been very nice 5and cost minimal. Bithumb as of now has one major downside __ Its not available as a mobile application. It's solely a web platform which i accessed via Chrome browser. It has a very appealing and nice user interface and web design. The transaction fees were also very minimal. Also translation is very efficient.Bithumb

Pros
  • A very supportive customer service
  • Relatively low transaction fee
  • Very effective translation
Cons
  • Doesn't support Fiat currencies

Bithumb exchange happens to be a very old exchange dating back as far as 2013, it was launched in Korea. It was quite an experience using this exchange, well, it was more of positive. Registration of course is the initial step, only my name, email and my phone number were the information i had to provide. Thereafter i proceeded to depositing, the two ways of depositing were either cryptocurrencies or Korean fiat(KRW) since i was a non Korean i went for cryptocurrencies as the only option which…

Pros
  • This exchange is currently one of the best exchanges you can use
  • The fees here are attractive and very competitive
  • The user interface is very impressive and quite interactive
  • Can be used in almost every country because of its multilingual characteristics
Cons
  • The web page is getting outdated

Revainrating 4 out of 5

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…

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.