Bithumb Review 2025

Bithumb is a South Korean crypto exchange with 8 million registered users. It offers over 170 tradable coins with crypto bot trading support, which allows you to start trading with only $1.

This exchange does not charge a fee for trading in the BTC market, but a maximum 0.25% commission is charged for KRW-market trading.

Bithumb South Korean crypto exchange complete review

Bithumb; Company Information & Regulation

This crypto exchange is a South Korean company established in 2014 by Dae-sik Kim (later became Chief Crypto Officer at Bezant Foundation) and Javier Sim. Its current CEO is Jaewon Lee, with its headquarters located in Seoul, South Korea. This project was created by BTC Korea.com Co. Ltd in 2013.

This exchange, like many other ones in the industry, is not regulated by any authority, but it has taken some measures like 5-5-7 regulation, insurance, network separation, and ISMS certification to level up the security.

Bithumb is one of the country’s longest-operating platforms and offers spot trading, staking, and lending. While derivatives are not available, the platform is widely used by both retail and institutional users.

As of 2019, Bithumb had reportedly processed over $1 trillion in cumulative volume and served more than 8 million registered users.

Bithumb CEO

On May 19th, 2020, Bithumb Korea named Back Young Heo as CEO. A compliance veteran, Heo previously led Bithumb in 2018, focusing on AML and KYC system upgrades.

• Joined Bithumb in 2017 as head of compliance
• Experience in traditional finance: 14 years in Citibank, CitiCapital, ING Bank, and ING Securities
• Strengthening AML policies, fraud detection, and internal controls
• Preparing for 2021 financial regulation compliance
• Committed to customer asset security and seamless service

Summary of Specifications

In this section, we will have a glance at the key specifics of this exchange. Table of features:

Pros & Cons

Every crypto exchange has its strengths and weaknesses. Here's how Bithumb stacks up:

Bithumb User Levels

This exchange employs a tiered user verification system that determines withdrawal limits. Here's how it breaks down:

Bithumb Commission and Fees

Bithumb has made waves with its competitive fee structure. It offers some of the lowest numbers in the industry. Fees Overview:

Bithumb applies a variable maker-taker fee structure, ranging between 0.04% and 0.25% for the KRW market. Users can access discounted rates by purchasing tiered coupons based on trading activity. Bithumb commission tiers:

Deposits incur no fee except those below the minimum amount for certain cryptocurrencies (e.g., 0.005 BTC). Withdrawal commissions depend on the asset used and the blockchain network.

What Coins Does Bithumb Support?

Bithumb supports both crypto-to-crypto and crypto-to-fiat spot trading, primarily via two markets: KRW-based and BTC-based.

Bithumb isn't shy about offering a wide range of cryptocurrencies. It provides access to more than 170 digital assets, including but not limited to:

• Bitcoin (BTC)
• ETH
• XRP
• ETC
• ADA
• DOT
• MATIC
• BCH
• LTC

In addition to manual trading, users can utilize AI-driven Auto Trading or algorithmic Bot Trading tools.

Bithumb Futures and Margin Trading: Complete overview

Unfortunately, this exchange does not offer any futures markets or margin trading. If you are really looking to trade futures, you need to look elsewhere.

How to Sign Up and Verify Your Account on Bithumb

Creating an account on this exchange is simple and mobile-verified, designed with layered verification tiers (Levels 1–4) to suit different trading needs. Each step ensures both security and regulatory alignment, especially for identity verification.

#1 Visit the Official Website

Navigate to the exchange’s homepage and click on “Sign Up” to begin registration.

#2 Mobile Number Verification

Enter your mobile phone number, which must be registered under your legal name. This number will be used to verify your identity via SMS.

Mobile phone number verification on Bithumb exchange for registration

#3 Provide Email and Location

Add avalid email address and specify your country or region of residence.

#4 Create a Secure Password

Set a strong, unique password for account protection. After completing these steps, you can access different user verification levels (1–4) to unlock deposit, withdrawal, and trading features.

Each level requires specific documentation, which is covered in the platform’s verification section.

How to Trade on Bithumb?

Bithumb Exchange makes cryptocurrency spot trading simple and flexible by offering multiple order types. Whether you want full control over your entry price, instant execution, or automated risk management, Bithumb’s spot trading tools cover it all.

#1 Access the Spot Trading Section

Log in to your Bithumb account, go to the Spot Trading area, and choose the cryptocurrency pair you want to trade (e.g., BTC/KRW, ETH/USDT).

#2 Asset Selection

Choose your desired digital asset trading pair via the search bar in the spot trading tab.

#3 Choose Your Order Type

Bithumb supports three main order types for spot trading:

• Limit Order: Lets you set your own buy or sell price. The trade executes only when the market reaches your chosen level—perfect for traders who want precise control;
• Market Order: Executes immediately at the best available market price. This option is ideal for traders who prioritize speed and guaranteed execution;
• Stop Price Order: Activates a market order once your preset "stop" level is hit. Useful for stop-loss protection or entering trades automatically when price movements trigger your strategy.

#4 Confirm and Manage Your Orders

After placing an order, check your Open Orders or Order History.

• Limit orders may remain pending until the price is matched;
• Market orders fill instantly;
• Stop orders stay active until the trigger price is reached.

What Platforms and Applications Does Bithumb Offer?

This exchange offers a proprietary platform for traders. This platform is accessible through the web, iOS, and Android, and clients should go through one of these ways in order to start trading. Here are the download links for mobile applications:

• Bithumb Android
• Bithumb iOS

Bithumb Trading Volume

Bithumb, one of South Korea’s largest cryptocurrency exchanges, recorded three-month trading activity ranging between $500M and $3B daily.

The chart shows steady liquidity with notable spikes in July and August 2025, reflecting strong investor participation and market momentum.

• Daily Volume Range: $500M–$3B across 3 months
• Peak Activity: Surges above $2.5B in mid-August
• July Growth: Consistent rise from mid-July onward
• Sustained Liquidity: Market depth rarely below $500M
• Investor Engagement: Strong volatility reflects active trading

Bithumb Services

Bithumb Security Evaluation

Security is paramount in the crypto world, and Bithumb has taken significant steps to protect its users. The exchange's security features:

• Bithumb adheres to the "5-5-7 Regulation": 5% of personnel are IT specialists, 5% of IT personnel are data security specialists, and 7% of the budget is dedicated to data protection;
• The exchange has implemented comprehensive security solutions used by commercial banks;
• Bithumb has purchased cyber insurance coverage of up to 6 billion KRW;
• The company maintains network separation and intrusion prevention systems monitored 24/7;
• Bithumb has obtained ISMS certification and plans to acquire additional global security certifications like PIMS and ISO27001.

However, it's not all smooth sailing. Bithumb experienced a major hack in 2017, losing about $31 million worth of cryptocurrencies.

Bithumb Security Rankings

The Bithumb CertiK Skynet profile holds an 83.35 security score (Grade A), ranking #19 among exchanges. Strong operational resilience (86.73) and listing security (89.04) highlight its stability, although the absence of penetration tests signals room for cybersecurity reinforcement.

On CER.live, Bithumb records a DDD rating with a 33% security score, ranking #113. While server security (86/100) and user security (70/100) are relatively strong, the lack of penetration tests, bug bounty, and funds insurance reduces overall trustworthiness.

What Options Do You Have for Payments?

When it comes to funding your Bithumb account, options are somewhat limited. Payment Methods:

• Deposits and withdrawals in Korean won (KRW) for South Korean residents
• Deposits and withdrawals using crypto wallets only for international users
• No support for other fiat currencies or payment methods

This limitation might be a significant drawback forinternational users looking for more diverse payment options. It's clear that the exchange's primary focus remains on the South Korean market.

Trust Scores Overview

When it comes to finance and funds, trust acts as a very important asset. Bithumb's reputation hastaken some hits, especially onTrustpilot, and the overall scores are lower than average. Trust Reviews:

• Bithumb Trustpilot: 1.4 out of 5, based on over 30 reviews
• REVIEWS.io: 1.4 out of 10, more than 10 reviews

However, there aren't many users and reviewers who have evaluated this exchange; therefore, we can't be sure of the reliability of these scores.

Bithumb Features

Bithumb offers various crypto-special services like lending and staking. However, it doesn't support social trading.

Bithumb Promotions

Bithumb offers a wide range of promotional campaigns, from daily trading rewards to referral bonuses and high-stakes trading competitions. These programs are designed to reward both new and existing members with gift vouchers, cash prizes, and exclusive benefits.

Bithumb Daily Trading Voucher

Bithumb provides automatic cashback rewards through gift vouchers for active traders. Every trade counts as an entry, and winners are notified via app alerts. Vouchers can be used personally or gifted to friends.

• Up to ₩50,000 voucher available;
• First-time registrants may qualify for higher rewards;
• Must be registered within 30 days of winning.

Bithumb Friend Invitation Program

Invite friends to join Bithumb and unlock shared rewards. Both inviter and invitee benefit once the new member registers with a referral code and links a KRW account.

• Inviter: ₩30,000 reward
• Friend: ₩50,000 reward
• Only available for first-time sign-ups
• Rewards may have temporary withdrawal limits

Bithumb Trading King Contest

The flagship “Trading King” competition offers massive seasonal prize pools for top traders. Participants are ranked based on trading volume during the contest period, with prizes reaching billions of KRW.

• Recent event: ₩750M prize pool (Aug 18 – Aug 31, 2025)
• Past events ranged up to ₩9B total prizes
• Open to all verified Bithumb traders
• Leaderboard determines winners

Customer Services in Bithumb: Schedule & Methods

Bithumb ensures strong customer support with multiple contact channels tailored to traders’ needs. Available 24/7/365, its support network combines online and offline solutions, including email, phone, chatbot, and dedicated investor protection services.

• Email: info@bithumbcorp.com
• Phone Consultation: 1661-5566 (Available 24/7, year-round)
• Chatbot: Bithumb Kakao Talk (24/7/365 instant assistance)
• Investor Protection Center: 343, Gangnam-daero, Seocho-gu, Seoul, Republic of Korea (9:00 AM – 6:00 PM and closed Sat, Sun, and holidays)

Bithumb Copy Trading and Investment Options: Does It Offer Any Services?

This exchange does not provide any copy trading services. However, it offers investment programs with an average annual income of 7% up to a maximum of 20% on deposits. To start, the user needs to choose an available option, then freeze the required amount of the asset desired.

Bithumb supports passive income through lending and crypto staking. Users can lend assets like Bitcoin and Ethereum for 3 to 7 days at competitive returns starting at 1%.

Staking is also available, including Ethereum 2.0 staking through BETH, offering annual returns based on the duration and amount staked.

Which Countries are Restricted from Bithumb's Services?

This exchange does not offer services to the countries that failed to comply with the Financial Action Task Force (FATF) standards. These countries include:

• Yemen
• Iran
• North Korea
• Iceland
• Barbados
• Myanmar
• Syria

The list includes 21 countries in total.

Bithumb's list of banned countries and regions

Bithumb vs Other Exchanges

The table below compares Bithumb's specifics with other top players in the market.

Writer's Opinion And Conclusion

Bithumb exchange has more than $300,000,000 in daily trading volume and over 8 million registered accounts. The platform has received a 7/10 evaluation score on CoinGecko and a 1.4/5 rating on Trustpilot.

The company was founded by Dae-sik Kim and Javier Sim, but currently, it's led by CEO Back Young Heo.