Bithumb supported cryptocurrencies
Bithumb offers an impressive lineup of 330 different cryptocurrencies, from well-known giants like Bitcoin and Ethereum to a diverse array of intriguing altcoins. With 336 trading pairs available, you have a wealth of opportunities to explore and trade.
Bithumb supported fiat
Bithumb makes it easy for everyone by supporting a variety of fiat currencies like KRW. This means you can deposit and withdraw funds in your local currency without any hassle.
Bithumb deposit and withdrawal methods
Bithumb offers a variety of deposit and withdrawal methods. Users can deposit cryptocurrencies like Bitcoin, Ethereum, and Ripple, usually without any fees, although some assets may carry small charges. South Korean users also have the option to deposit Korean Won (KRW) via the KB escrow service, which is free of charge. For withdrawals, Bithumb supports both cryptocurrencies and KRW. Cryptocurrency withdrawals come with a fee, such as 0.001 BTC for Bitcoin, while KRW withdrawals to linked bank accounts incur a 1,000 KRW fee. To ensure security, all users must complete identity verification before they can make deposits or withdrawals. The processing times can vary, with cryptocurrency transactions typically being faster than KRW withdrawals.
Bithumb loans
At the moment, we don't have information about Bithumb offering any loan products.
Bithumb restricted countries
Bithumb restricts access to users from countries that haven't implemented strong anti-money laundering (AML) measures. This includes countries on the FATF blacklist like Iran and North Korea, as well as others such as Yemen, Syria, Pakistan, and Botswana. As a result, users from these regions cannot open new accounts, and existing accounts may be frozen.
Is it possible to use leverage or margin trading on Bithumb?
Bithumb provides margin trading with up to 5x leverage for Bitcoin (BTC) and Ethereum (ETH) against Tether (USDT). However, the availability of this service may vary depending on local regulations in different regions.
Bithumb Spot Trading
Bithumb offers a spot trading platform with a wide selection of over 180 cryptocurrencies and more than 280 trading pairs. It supports both crypto-to-crypto and fiat-to-crypto transactions, with Korean Won (KRW) as the primary fiat currency. The platform uses a maker-taker fee model, with fees ranging from 0.04% to 0.25%, along with discounts based on trading volume. Bithumb also provides features like automated trading bots, lending, and staking. However, it does not offer leverage or margin trading.
Bithumb Earning Services
Bithumb provides several earning services for users, such as staking, where you can earn passive income by staking different cryptocurrencies for a set period. The platform also offers automated trading bots that execute trades based on preset strategies. Additionally, users can lend their crypto assets to earn interest. Bithumb's BG Learning platform allows users to earn project tokens by answering blockchain-related questions. These services offer a way to passively grow your assets while staying engaged with the crypto market.
Bithumb OTC Trading
Bithumb offers OTC trading through its Ortus platform, which is designed for institutional clients to handle large-volume cryptocurrency transactions. The service ensures compliance with KYC and AML regulations and provides secure fund transfers along with competitive pricing from global liquidity providers. Ortus is a reliable platform for institutions looking to buy and sell digital assets.
Bithumb Fees
Bithumb has a tiered trading fee structure, with rates ranging from 0.04% to 0.25%, depending on your trading volume and the type of coupon you use. Deposits are usually free, while withdrawal fees vary by cryptocurrency. For example, withdrawing Bitcoin comes with a fee of 0.001 BTC. Since fees can change, it’s a good idea to check Bithumb’s official website for the most up-to-date information.
