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BitHumb News

BitHumb is one of the most popular cryptocurrency trading platforms in South Korea. The BitHumb exchange was founded by BTC Korea.com LTD company in 2013 and now is headquartered in Seoul. BitHumb is one of the leaders among the cryptocurrency trading companies in South Korea and Japan in terms of trading volume. Almost all options of BitHumb are oriented on Asian countries. Almost all popular cryptocoins are available, but the only available fiat currency there is the Korean Republic’s won. BitHumb fees for transactions are about $0.15 and don’t depend on the transaction’s amount. The platform has a difficult process of verification and other security properties. Nevertheless, the exchange was hacked in 2017 and it affected three percent of users. However, it was not a problem of security, as the access was made from a BitHumb employee’s PC.

Top News

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Market Analysis

Is a surging premium in South Korea a top signal or a sign that the Bitcoin rally is only getting started?

Kimchi premium hits 11% — Is Bitcoin now in a 2017-esque retail stage of the cycle?

2021-04-04T14:00:00+01:00

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Naver is reportedly looking to strengthen its position in the crypto industry with a potential equity stake in South Korea’s largest crypto exchange.

South Korean internet giant Naver reportedly joins Bithumb stake race

2021-03-22T12:52:28+00:00

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Korean media has reported that Morgan Stanley is in talks with Bident — who owns a 10% of Bithumb Korea.

Morgan Stanley rumored to be eyeing stake in top Korean exchange Bithumb

2021-03-19T07:23:58+00:00

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South Korean financial regulators are developing a penalty regime for Anti-Money Laundering and Know Your Customer violations by cryptocurrency exchanges.

Korean crypto exchanges could soon face fines for gaps in due diligence measures

2021-03-10T10:24:33+00:00

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The operator of South Korean cryptocurrency exchange Bithumb has placed restrictions on trading accounts registered in jurisdictions that are deemed to be too l...

Korean crypto exchange Bithumb toughens up its Anti-Money Laundering measures

2021-03-09T09:34:08+00:00

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Reports last week had claimed that Nexon was poised to acquire the exchange at an evaluated price of roughly $460 million.

South Korean gaming conglomerate Nexon denies plans to acquire Bithumb

2021-01-11T09:51:53+00:00

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South Korean media has reported that Nexon, a multi-billion dollar conglomerate led by CEO Kim Seong-Ju, plans to acquire the country's largest cryptocurrency e...

Report: Major gaming conglomerate Nexon prepares to acquire Bithumb

2021-01-07T10:13:29+00:00

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“The Woz” makes a big impression in the crypto space as his newly launched token WOZX records 26-fold gains after just five days of trading.

Steve Wozniak-backed token WOZX skyrockets ahead of second listing

2020-12-09T04:04:45+00:00

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