Review on Bithumb by toan van
Bithumb exchange is the leading trading platform in Korea
Bithumb is a reputable exchange based in Korea, which is loved and used by many users in this country.
It was hacked and taken tens of millions of dollars, but the exchange compensated users.
This cryptocurrency exchange lists a lot of altcoins with basic pairs (BTC, ETH, USD, KRW).
Its transaction fee is about 0.15%, it always ranks first in terms of trading volume when compared to other Korean exchanges.
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Pros
- The daily trading volume is large, especially the area dealing with KRW, with high liquidity
- Bithumb lists many altcoins with many pairs, it supports optimal app on mobile platforms
- Support for margin trading, support for futures contracts with the help of Bitmax team
Cons
- The exchange focuses on Korean users, so foreign users will encounter some inadequacies in the interface, language and OTC.
- It had security problems and being hacked
