Currently, Bithumb Supports over 266 tokens and coins, including ETH, and BTC, and it offers trading cryptocurrency online. In this article, we’ll show you how to download the Bithumb Exchange for Android and iPhone devices and also show you important information about Bithumb.

What Is Bithumb Exchange?

Bithumb Exchange is the largest South Korean centralized cryptocurrency exchange, initially established in 2014. The platform supports over 266 cryptocurrencies. Users can use spot trading and margin trading. Bithumb has developed from a Korea-focused cryptocurrency exchange to one that serves the global market.

Bitfinex is operated by the South Korean-based company Bithumb Korea Co., Ltd.

Is Bithumb Safe

Yes, it’s safe, because Bithumb users must complete an OTP verification process. The network applies a progressive identity protection system, (ISMS service), uses advanced AML verification, and also introduces a 24×7 trade monitoring system for the exchange.

Bitfinex also has withdrawal protection features and cold storage of customer assets.

How to Use the Bithumb Exchange App

Bithumb is the largest centralized crypto exchange, That’s why you need to register or log in to Bithumb with a Gmail account. Below is a step-by-step guide to help you start trading on Bithumb.

• Download the Bithumb App for Android or iPhone devices,
• Click on the ^register option.
• To sign up for Bithumb, you need to verify your mobile phone in your name.
• Now select a carrier that is in use, like “SK Telecom”, “kt”, “Or LGU+”. Click on "Authenticate with text (SMS)".
• Enter your name, Date of bird/gender, and Cell number Hit the "confirm" button.
• Please upload important documents, such as your selfie, NID/passport, and others, to confirm your identity.
• Now click on the right-down “WALLET” button.
• You need to deposit any crypto asset of your choice like BTC/ ETH/ TRX/ XRP to place your first order.
• When you click on the deposit button, you’ll get a special address and QR code. Use them to deposit assets into your Bithumb account.
• Now hit the trade tab and start trading in crypto assets right away.

Note: Again If you don’t know how to Trade or how to deposit or withdraw crypto on Bithumb, then we strongly recommend visiting the Bithumb “Help Center” and learning it.

User Guide

Who is the owner of Bithumb?

Bithumb is owned by Dae-sik Kim a South Korean entrepreneur. Back Young Heo is the CEO of Bithumb Exchange. The company’s location is in South Korea, Seoul, and was made by BTC Korea.com Co. Ltd in 2013.

Bithumb Fees

Bithumb Exchange charges a variety of fee schedules depending on the service & usage level. The company charges a fee of market fees ranging between 0.04% to 0.25%, and a purchase/sale fee is 0.15%. Also offers its users lower rates and vouchers that can be accessed through user accounts.

Note: Bithumb does not charge any deposit fee. if you withdraw a crypto coin or token it takes a different type of amount.

Bithumb Restricted Country list

While Bithumb is available all over the world, some jurisdictions restrict or prohibit access due to regulatory reasons. Below is the Bithumb- top 7 restricted country list.