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Volume (24h): $1, 383, 039, 576 Country: Korea
Trading fee: 0.15% Year: 2013

Bithumb is a South Korean cryptocurrency exchange founded in 2013. Shortly after which it had an explosion of growth that made it one of South Korea’s largest bitcoin exchanges.

It supports a healthy number of trading pairs, though they are somewhat quiet. Bithumb supplies an API for programmatic trading and is a decent prospect for any tier of trader that is specifically looking to trade in Won.

Total trading pairs: 12

Fiat Accepted: Yes

Deposit fees: Only for extremely small deposits

Withdrawal fee: Yes, flat fee

Trading fees: Yes, flat 0.15%

Verification: Yes, four levels

Verification Level Requirements

Level 1 Granted automatically upon registration

Level 2 Copy of a government ID

Level 3 A signed “pledge” and a copy of a government ID

Level 4 Proof of address no older than three months

Please note that government IDs showing all numbers will be rejected, Bithumb states all IDs must have 7 numbers covered.


Bithumb scores mixed results on the security front. They offer 2FA to secure accounts via Google Authenticator, and all withdrawals are protected by a PIN that is entered during registration. Otherwise, the more questionable practice is that there is a rather short maximum length of 12 on passwords.