What is Bithumb?
Bithumb is No. 1 Bitcoin and Cryptocurrency Exchange in Korea. Bithumb is also regularly ranked in the Top 10 of the world’s top cryptocurrency exchanges in terms of trading volume. Bithumb is currently the trading platform that offers the lowest commissions in the world.
According to a report from the country of Kim Chi, Bithumb exchange accounts for about 30% of the market share of the Bitcoin market and 10% of the total global trading volume.
In addition, Bithumb also owns 50% of Ethereum in Korea and the language used on the exchange is Korean.
Bitbumb Exchange Which markets and coins to support.
Bithumb exchange accepts most digital coins: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Ethereum Classic (ETC), Litecoin (LTC), Dash (DASH), Bitcoin Cash (BCH) , Monero (XMR) and Korean Won (KRW). Bithumb Trading Volume Up to $1.35 Billion in 24 Hours (February 2019)
At Bithumb, users can buy Bitcoin gift coupons. The minimum value of each voucher is 10,000 KOW, equivalent to 9 USD. And the exchange will also buy back these coupons from users, converting them into Bitcoin value.
Who is the company that runs Bithumb?
BTC Korea.com Co., Ltd. owns and operates Bithumb exchange. It is based in Seoul in South Korea. And this is also all about it on the Bloomberg site, there is not much information about the development team or other data. All the information that can be known is only so much. But Bihumb is a large exchange, strongly developed, reputable, as well as extremely high transaction volume.
Instructions for registering an account on the Bithumb exchange
Step 1: Visit website https://www.bithumb.com/ Currently Bithumb exchange is using Korean – English – Japanese – Chinese – Spanish – Indian languages
REMOVEwish 2: Click on the “Member Sign-up” box in the top right corner in case you do not have an account, click “Sign-in” to log in again.
Step 3: Select an Individual or Corporation account type. Then enter the required contents, including:
- E-mail – Email address
- Nationality – The country you live in
- mobile phone number – Mobile phone number. Note that you should click on “Request SMS verification” to authenticate.
- Cellphone verification number – The verification code has just been sent to the phone
- Verification of name – Enter First Name, Last Name, Year of Birth, Month of Birth, Date of Birth and Gender, respectively
- Address – Address, in turn enter Postal code, residential address in English
- Password – Password for the account
Password must be between 8 and 12 characters long, including numbers, uppercase letters, lowercase letters and special characters.
– No special characters other than ~!@#$%^* cannot be used
– Avoid using the same or similar password that you have used for other sites/exchanges
- Confirm password – Confirm the password you just set
- Security password – Security password
*Security password consists of 4 numbers
*For withdraw/transfer/change password/OTP authentication service
*Avoid using 4 identical numbers, 4 consecutive numbers or the last 4 digits of your phone number
- Check security password – Confirm the security password you just set
- Agree with terms and conditions – Agree to the terms and conditions of the exchange > Click on the boxes in the next frame
Step 4: Click to confirm “I’m not a robot” > Sign up > Approve
Step 5: Go to your registered email and click “Confirm the email address”
Step 6: Log in to the newly created Bithumb account
Instructions for using Bithumb . exchange
1. To make the first deposit, click “Deposit / Charge” in the right corner > Select the coin you want to create a wallet > Click “Create” [tên coin] Deposit Address” > Approve > Get wallet address and wallet QR code from Bithumb exchange.
2. To make a deposit, click “Withdrawal” next to the “Deposit / Charge” box > Select the coin you want to withdraw > Enter the wallet address you want to transfer the coin to – Number of coins (up to 30.0010 BTC/time) > Click “Request” and enter the verification code sent to the phone in the “SMS Authentication code” section > Enter the “Security password” set at registration > “Request”.
3. Click “Wallet” on the menu bar > “Transaction history” to view transaction history and pending transactions.
4. To trade, click “Exchange” on the menu bar > Select the coin market you want > “Easy Trade” > “Buy” or “Sell” > “Order Available Price” (the currency you want) used to buy or sell) > “Order Price” > “Quick Buy”.
Above, Bitcoin Magazine introduced and instructed how to register and use the Bithumb exchange. Good luck
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