Logo of Bithumb

Bithumb

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Company health

Employee growth
4% increase in the last year
Web traffic
245% increase in the last quarter
Financing
November 2021 - $219M

Ratings

G2
3.8/5
(3)
Glassdoor
2.5/5
(13)

Bithumb description

Bithumb is a South Korean cryptocurrency exchange platform. It provides a marketplace for buying, selling, and trading various cryptocurrencies. Bithumb emphasizes user convenience, offering a simple wallet account creation process without extensive verification requirements. The company positions itself as a leader in digital finance innovation.


Who is Bithumb best for

Bithumb is great for individuals and businesses venturing into cryptocurrency trading. Its user-friendly platform makes it accessible for beginners, while a variety of cryptocurrencies and trading features attract more seasoned investors. We find that Bithumb's simple wallet creation and minimal verification are particularly appealing to new users.

  • Best for small to medium-sized businesses (1-1000 employees) looking for an easy entry point into cryptocurrency.

  • Specifically helpful for companies in the Finance, Banking, and Insurance sectors exploring digital finance innovations.


Bithumb features

Supported

Cryptocurrency buying: Allows users to buy various cryptocurrencies.

Supported

Cryptocurrency selling: Allows users to sell various cryptocurrencies.

Supported

Cryptocurrency trading: Allows users to trade various cryptocurrencies.

Supported

Simple wallet creation: Provides a simple process for creating a wallet account.

Supported

Minimal verification: Minimizes verification requirements for account creation.


Bithumb alternatives

  • Logo of OKX
    OKX
    Trade, earn, and hold 350+ cryptocurrencies globally.
    Read more
  • Logo of Kucoin
    Kucoin
    Trade crypto securely with many options and low fees.
    Read more
  • Logo of Coinbase Exchange
    Coinbase Exchange
    Securely buy, sell, and trade crypto at professional volumes.
    Read more
  • Logo of Binance
    Binance
    Buy, sell, and trade cryptocurrencies. Secure, low fees, diverse offerings.
    Read more
  • Logo of Gate.io
    Gate.io
    Trade 1400+ cryptocurrencies with high liquidity and volume.
    Read more
  • Logo of WhiteBIT
    WhiteBIT
    Securely buy, sell, and trade crypto with advanced features.
    Read more

Bithumb FAQ

  • What is Bithumb and what does Bithumb do?

    Bithumb is a South Korean cryptocurrency exchange where users can buy, sell, and trade various digital currencies. It features a simplified account creation process with minimal verification, making it accessible to both beginners and experienced traders.

  • How does Bithumb integrate with other tools?

    There is no information available regarding Bithumb's integrations with other tools. We recommend checking their website for the latest details on this topic.

  • What the main competitors of Bithumb?

    Bithumb's main competitors include OKX, Kucoin, Coinbase Exchange, Binance, Gate.io, and WhiteBIT. These platforms offer similar services, such as buying, selling, and trading various cryptocurrencies. They also provide secure platforms with competitive fees and diverse crypto offerings.

  • Is Bithumb legit?

    Bithumb's legitimacy is questionable due to mixed user reviews. While it offers a simple platform and various cryptocurrencies, the low Glassdoor rating raises some concerns. We advise researching and comparing it with alternatives like Binance or Coinbase before committing.

  • How much does Bithumb cost?

    Unfortunately, Bithumb's pricing details are not publicly available. We recommend visiting their website or contacting their sales team for more information.

  • Is Bithumb customer service good?

    Based on the reviews, Bithumb's customer support availability during peak times has been criticized. While the platform is praised for its user interface and security features, some users have reported challenges with support responsiveness.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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