Bithumb exchange was once the largest cryptocurrency trading platform in South Korea. Bithumb charges a 0.25% trading fee. Located in South Korea, Bithumb was once ranked first among global virtual currency exchanges, boasting the highest virtual currency trading volume worldwide. In August 2017, its daily trading volume reached approximately 15 billion RMB, setting a record high.

Bithumb, holding a 75.7% market share of South Koreas Bitcoin market, is one of the top five Bitcoin exchanges globally. With daily trading volume exceeding 13,000 Bitcoins, it accounts for around 10% of global Bitcoin trading. The exchange is also the worlds largest Ethereum market. Although the Korean Won currently ranks as the fourth largest currency market for Bitcoin, trailing behind USD, CNY, and JPY, it remains the largest market for Ethereum. Bithumb holds approximately 44% of Ethereum trading in South Korea.

Since launching its service in January 2014, Bithumb has experienced a surge in daily trading volume, solidifying its position as the leading virtual currency exchange in South Korea, a country renowned for its substantial virtual currency trading volume. Currently, Bithumb not only supports trading of various virtual currencies like Bitcoin and Ethereum but also expands into the realm of Payment businesses, enabling its use as a payment method, as well as international remittance services. It stands as a financial platform company grounded in virtual currency.

Advantages of Bithumb Exchange:

1. Security

Bithumb exchange boasts security certifications and anti-hacking systems, significantly enhancing trading security. The exchange website employs secure coding procedures, adhering to the top 10 security vulnerabilities. Notably, Bithumbs website server and electronic wallet server are separated, ensuring user electronic wallets enjoy enhanced security due to their disconnection. Additionally, every time a user logs in, they receive a text message notification, providing peace of mind while using the exchange website.

2. Low Trading Fees

Bithumb members enjoy some of the lowest trading fees globally. By purchasing fee coupons, the transaction fee can be reduced to a mere 0.01% to 0.075%. High transaction fees often burden investors, deterring potential entrants into the virtual currency investment market. Bithumb offers an environment for members to engage in trading at optimal prices, significantly reducing investment burdens.

3. High Trading Volume

Bithumb holds the top spot for global trading volume, resulting in countless transactions occurring every second. Its substantial volume allows for seamless high-volume and large-scale transactions. Given the high supply and demand, both buying and selling can be executed effortlessly, virtually eliminating the risk of finding no trading partners.

4. Abundant Information Sharing

For investors, particularly newcomers, access to trading information plays a crucial role in investment decisions. Bithumbs high trading volume translates to the most comprehensive and abundant information, where real-time transactions accurately reflect market price fluctuations and investment dynamics. This enables investors to respond and make decisions with greater sensitivity to market movements.

Disadvantages of Bithumb Exchange:

Registration can be cumbersome

The Chinese interface isnt fully translated