Bithumb Exchange

Bithumb is a South Korean cryptocurrency exchange and one of the largest cryptocurrency exchanges in the world. Cryptocurrencies that are added to the exchange have a tendency to experience dramatic price increases as Koreans snap up these newly available digital assets. Examples of currencies which have spiked in value after being added to Bithumb include Ripple and Monero. Other cryptos which are available for trading on the South Korean exchange include Bitcoin Cash, Ethereum Classic, Litecoin and Dash. At times, Bithumb has accounted for more daily cryptocurrency trading than any other exchange. In June 2017, the exchange was hacked and the details of 30,000 customers were compromised. Around 75% of all Bitcoin trading volume in South Korea comes via Bithumb, and around 50% of all Ethereum. Cryptocurrencies that are listed on Bithumb are paired against the Korean Won (KRW).

Is Bithumb safe?

We currently don’t label Bithumb as a trusted exchange. However, this doesn't necessarily mean that it is unsafe. Make sure to check the exchange’s security practices and track record before you deposit any funds.

How do you put money in Bithumb?

You can fund your account on Bithumb by depositing cryptocurrency. Alternatively, you can also deposit fiat currency to Bithumb via a bank transfer.

Can you deposit fiat on Bithumb?

Yes, you can deposit fiat on Bithumb. The exchange supports the , and South Korean Won. This makes Bithumb a suitable option if you don't own any cryptocurrency yet. You can deposit fiat currency on Bithumb and buy your first cryptocurrency.

Can you buy crypto on Bithumb with credit card?

Currently, you can’t buy crypto with a credit card on Bithumb. If you're looking to buy cryptocurrency with a credit card, you can check out our list of the top exchanges that allow you to buy crypto with a credit card.

Can I trade with USDT stablecoin on Bithumb?

No, you currently cannot trade on Bithumb with the USDT stablecoin. If you want to trade USDT, you can check out the available options on our list of cryptocurrency exchanges that list USDT.

Does Bithumb have a mobile app?

Yes, Bithumb has a mobile app. The exchange’s app is available for Android and iOS. A mobile app will allow you to check the performance your holdings on the exchange and trade cryptocurrencies on the go.

Is Bithumb a centralized or decentralized exchange?

Bithumb is a centralized cryptocurrency exchange. This means that Bithumb manages users’ cryptocurrency deposits, and its systems handle the trades happening on the platform. Centralized cryptocurrency exchanges are suitable for all types of users, ranging from beginners to professional traders.

How many cryptocurrencies can I trade on Bithumb?

You can trade 234 tokens on Bithumb across 234 trading pairs.In total, Bithumb handled $ 800.91M worth of trades in the last 24 hours.