About Bithumb

Bithumb has been a cornerstone of South Korea's cryptocurrency market since 2014, consistently ranking as one of the country's top two exchanges by trading volume. Registered with Korea's Financial Intelligence Unit and operating under strict regulatory oversight, Bithumb offers a level of compliance that matches the country's rigorous approach to crypto regulation. Trading fees at 0.04% flat are remarkably low, undercutting even Upbit's 0.05% rate. KRW deposits through partnered Korean banks settle almost instantly during banking hours, and withdrawal processing is similarly efficient. The platform lists around 200 cryptocurrencies, focusing on established projects and tokens popular in the Korean market. The interface is straightforward and mobile-optimized, reflecting the Korean preference for clean, app-first design. Bithumb has survived several security incidents, including a significant 2019 insider theft, and has compensated affected users each time. The exchange changed ownership multiple times, with the current structure stabilizing under FTR Global. For international users, Bithumb is essentially inaccessible without Korean banking credentials and phone verification. The platform focuses entirely on spot trading with no futures, margin, or derivatives products. For Korean residents wanting low fees and deep KRW liquidity, Bithumb remains a top-tier domestic option alongside Upbit.