Bithumb Exchange, established in 2014, is one of the earliest cryptocurrency exchanges globally, boasting over 2 million registered users—primarily from South Korea, its core market. South Korea's progressive stance on digital assets and robust regulatory framework have enabled Bithumb to enhance its compliance over time. The exchange maintains stringent listing criteria, currently supporting 228 trading pairs. Below, we address two common inquiries: Where is Bithumb Exchange headquartered? and Does it have a Chinese name?
Where Is Bithumb Exchange Headquarters Located?
Bithumb Exchange is headquartered in South Korea and currently has no official Chinese name. Dominating 75.7% of South Korea’s Bitcoin market, Bithumb ranks among the world’s top five Bitcoin trading platforms, processing over 13,000 Bitcoin daily—approximately 10% of global Bitcoin trades. It’s also the largest Ethereum marketplace, with the Korean won accounting for 44% of Ethereum trades despite being the fourth-largest Bitcoin currency (after USD, CNY, and JPY).
Since its launch in January 2014, Bithumb has grown into South Korea’s leading cryptocurrency exchange, expanding beyond trading into payment solutions and cross-border remittance services, positioning itself as a blockchain-based financial platform.
How Does Bithumb Exchange Perform?
1. Security
- Certified anti-hacking systems and secure coding protocols aligned with OWASP TOP 10 standards.
- Separated servers for the website and wallets to isolate vulnerabilities.
- SMS login alerts for real-time user notifications.
2. Low Fees
- Members enjoy competitive fees (0.01%–0.075%), reducible via fee coupons.
- Ideal for high-volume traders seeking cost-efficient environments.
3. Liquidity
- World’s highest trading volume ensures seamless execution of large orders.
- Balanced supply/demand minimizes slippage risks.
4. Market Insights
- Extensive real-time trading data aids informed decision-making.
👉 Explore Bithumb’s trading pairs
FAQs
Q1: Is Bithumb available outside South Korea?
Yes, but services may vary by region due to local regulations.
Q2: What currencies does Bithumb support?
Primarily KRW, with select pairs for BTC, ETH, and other major cryptos.
Q3: How long do withdrawals take?
Processing times depend on network congestion but typically complete within 2 hours.
Q4: Does Bithumb offer staking?
Currently, Bithumb focuses on spot trading and payment solutions.
👉 Compare fees across exchanges
Key Takeaways
- Headquarters: Seoul, South Korea.
- Chinese Name: None officially.
- Strengths: Security, low fees, and unmatched liquidity.
Choosing an exchange hinges on efficiency—prioritize platforms with swift withdrawals and responsive support to optimize your trading experience.
### Keywords:
1. Bithumb Exchange
2. Cryptocurrency Exchange
3. South Korea
4. Bitcoin Trading
5. Ethereum Market
6. Low Fees
7. Security Protocols