Bithumb Is One Of The Largest Cryptocurrency Exchanges In South Korea. As Of The Time Of Writing, The Exchange Has A Daily Trading Volume Of $205 Million And Has More Than 170 Listed Cryptocurrencies.
The Platform Supports Crypto Robot Trading; Provides Institutional Investors With A Wide Range Of Investment Opportunities And Accounts, Ensuring That They Have Access To Major Liquidity Pools; Provides Customers With The Option To Earn Passive Income Through Deposit Programs, And Provides 24/7 (24/7) Customer Support Services And An Easy-to-use User Interface.
The Exchange Is Not Regulated, But Is Working Towards Meeting The Requirements Of International Financial Regulators Such As FIU And FSC. Users Are Not Allowed To Trade Without Registration. They Must Complete The OTP (Dynamic Password) Verification Process. The Network Has Adopted A Progressive Identity Authentication Protection System (ISMS Service), Using An Advanced AML Verification Process, While Introducing A 24/7 Transaction Monitoring System.
Who Is The Founder Of Bithumb?
The Founder And Former CEO Of Bithumb Is Dae-sik Kim, A South Korean Entrepreneur. In 2018, He Left And Joined Bezant As Chief Cryptocurrency Officer.
Another Central Figure Is Javier Sim, Co-founder And Managing Director Of Bithumb Global Holdings. He Studied At City University Of Hong Kong And Cardiff University. Before Joining Bithumb, Sim Worked As An Investment Banker At HSBC And BOCI.
The Current CEO Of Bithumb Is Back Young Heo.
When Was Bithumb Founded?
The Asian Project Was Created By BTC Korea.com Co. Ltd In 2013. The Company Behind It, BTC Korea.com Co. Ltd, Was Founded In 2014 And Is Headquartered In Seoul, South Korea.
In 2014, The Exchange Was Launched Under The Name Xcoin. It Was Later Renamed Bithumb In 2015. Its Android And IOS Mobile Versions Were Officially Released In 2016.
Countries That Restrict The Use Of Bithumb
Currently, The Exchange Mainly Serves The People Of South Korea. Overall, Bithumb Can Be Used All Over The World. However, There Are Also Countries That Fail To Follow The Recommendations Of The Financial Action Team (FATA) That Cannot Use Bithumb's Services. These Include: Yemen, Syria, Myanmar, Barbados, Iceland, Iran, North Korea, Etc.
Which Currencies Can Bithumb Support?
The Exchange Has More Than 180 Digital Assets Listed And Supports More Than 280 Trading Pairs. Users Can Buy/sell/exchange Multiple Cryptocurrencies, Including BTC, ETH, XRP, ETC, ADA, DOT, MATIC, BCH, LTC, Etc.
What Are The Fees For Bithumb?
The Platform's Transaction Fees Range From 0.04% To 0.25%. While The Basic Transaction Commission (pending Order Fee Or Eating Order Fee) Is 0.15% Of The Total Buy And Sell Amount. In Addition, The Exchange Also Offers Users Lower Rates, As Well As Exchange Coupons That Can Be Used Within The User's Account. There Is No Fee To Deposit.
Is It Possible To Use Leverage Or Margin Trading On Bithumb?
Bithumb Does Not Offer Leverage Or Margin Trading.
