Bithumb review

Bithumb charges a taker fee of 0.25% when you take the market price, and maker fees of 0.04% to 0.2% when you post a limit order. The median taker fee across the site is 0.2%, so Bithumb sits a little above the middle of the field. Posting to the book is the cheaper route.

Transfers within Bithumb cost nothing, while 1,000 KRW to external wallet; free within Bithumb applies when you send coins to a wallet you control. That split makes internal trading cheap and means a fee only shows up when you take coins off the platform for safekeeping elsewhere.

Bithumb Korea Corporation is the operating entity, based in South Korea and registered in South Korea as a Virtual Asset Service Provider (VASP) South Korea. The account is custodial, so your balance sits on the platform rather than in a wallet where you hold the keys.

Fiat money goes in by bank transfer, which is the deposit route Bithumb lists. That suits people who already hold local currency and want to convert it into coins without setting up card payments or bank details for a card route.

Bithumb lists 480 coins, which places it at 29 of 172 brands on the coins list. In practice that depth suits traders who want more than the majors and prefer to hold many pairs in one place.

No. Bithumb is a custodial cex, so coins sit on your platform balance rather than in a wallet you control. Moving them out means paying 1,000 KRW to external wallet; free within Bithumb, which is the trade you weigh against convenience.

Support runs on email and community, so questions go by email or into a community space. Quick queries can sit in a public thread, while account issues need a written ticket. A phone line and live chat are not part of the listed channels.

Derivatives are not offered, so there is no futures or perpetual market to trade here. Bithumb stays a spot cex covering 480 coins, and the taker fee of 0.25% applies to the spot trades you place.