my go-to for this now. tried 4 alternatives and keep coming back. something to be said for that.
Bithumb
Read 30 published reviews for Bithumb. See ratings, business responses, and signals available on GuardOpinion.
4.1/5Based on 30 Reviews
Customer reviews for Bithumb
xXSpecter69Rating: 5/5 xXHydra777Rating: 5/5Verified sin palabras, el mejor servicio que he recibido en mucho tiempo. volvería sin dudarlo
IcePanda77Rating: 5/5Verified Outstanding
lowkey underrated tbh. doesnt get the hype but quality is there. definitely recommend
NightLegend_clipsRating: 5/5 Not gonna lie i was skeptical at first but its actually really good. prices are fair too fr
NightLordXxRating: 5/5Verified lowkey underrated tbh. doesnt get the hype but quality is there. definitely recommend
NeonWolf100Rating: 4/5Verified Muy bien
buena experiencia, el soporte tardó un poco pero resolvió mi problema correctamente imo
xXMage_twitchRating: 5/5 Increíble
sorprendido para bien, no esperaba tanto y cumplió de sobra con lo prometido!
IceShot_liveRating: 4/5Verified good experience mostly. UI could be cleaner but functionality is all there.
NightWarrior_realRating: 4/5Verified Almost perfect
the core product is great. the extra stuff (billing, account management) could be smoother personally
NightTitan_liveRating: 5/5Verified Definately worth it. Been recommending it to everyone i know tbh
Commercial transparency
Public complaints about Bithumb
About
What is Bithumb? Bithumb is a cryptocurrency exchange established in 2015 and based in Seoul, South Korea. It focuses on providing a platform where users can buy, sell, and trade cryptocurrencies like Bitcoin, Ethereum, and Ripple. The business targets individual consumers and traders interested in cryptocurrency assets. Over the years, Bithumb has built a recognizable brand within the South Korean digital currency market. How does it work? Bithumb operates as an online marketplace where users create accounts to trade various digital assets. The platform supports spot trading, automatic trading bots, and staking services that allow users to earn rewards by holding cryptocurrencies. Transactions are facilitated through secure wallet systems and real-time market price updates. The exchange supports various altcoins alongside major cryptocurrencies, enabling liquidity and market access for its users. Products and services Bithumb offers cryptocurrency exchange services including the trading of major and altcoin cryptocurrencies. It provides additional features such as automatic trading, staking programs for digital assets, and secure custody solutions. The platform typically supports fiat-to-crypto and crypto-to-crypto trading pairs. Bithumb functions as a centralized exchange enabling order book-based trading and asset management services within the cryptocurrency market.
Business Activity
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Review Sources
- verified: 18
- organic: 12
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Internet-sourced business information
Web Reputation
- Wide range of cryptocurrency trading pairs including popular altcoins.
- Supports staking and automatic trading features.
- Established brand with a large user base in South Korea.
- Primarily focused on South Korean market, limiting global fiat options.
- Centralized exchange subject to regulatory risks and occasional security concerns.
- Customer support and platform usability can vary based on user reports.
User questions
Is Bithumb safe to use for trading cryptocurrencies?
A lot of users have mixed feelings about Bithumb's safety. Some have reported issues with scamming and mismanagement, while others say they've had good experiences with their trades. Just be cautious and do your own research before diving in.
Why did my withdrawal take so long on Bithumb?
Several users have complained about slow withdrawal times on Bithumb. It's not uncommon to wait longer than expected, especially during busy trading periods. If you're facing delays, it might help to double-check your account and transaction status.
What should I do if I accidentally sent Bitcoin to the wrong address on Bithumb?
There have been cases where Bithumb reimbursed users who mistakenly sent Bitcoin to the wrong address. However, getting a refund can be tricky, and it might take some persistence to sort things out with customer support.
Are there hidden fees when using Bithumb?
Many users have raised concerns about unexpected fees on Bithumb. It's smart to review the fee structure beforehand, as some people have discovered charges they weren't aware of when making trades.
How reliable is Bithumb's customer service?
Customer service experiences on Bithumb can vary widely. Some users have found it difficult to get timely responses, especially during high traffic times, while others have had positive interactions. It's a bit hit or miss, honestly.
What are the best strategies for trading on Bithumb?
A lot of users suggest starting with small trades and using automatic trading bots to minimize risk. You’ll often see discussions about setting stop losses and keeping an eye on market trends to make informed decisions.