Bithumb is one of the most prominent cryptocurrency exchanges in South Korea and consistently ranks among the top ten global exchanges by trading volume. Known for its robust security, user-friendly interface, and strong compliance with local regulations, Bithumb serves both individual and institutional investors looking to trade digital assets in a reliable environment.
Whether you're new to crypto or expanding your trading platforms, this comprehensive guide walks you through everything you need to know about registering, verifying, and trading on Bithumb—without unnecessary complexity.
Understanding Bithumb at a Glance
Before diving into registration and trading, it’s essential to understand what sets Bithumb apart:
- Supported Trading Types: Spot trading and fiat-to-crypto trading.
- Trading Fee: 0.15% per transaction.
- User Base: Millions of active users, primarily in South Korea.
- Security Focus: Multi-layered authentication, cold wallet storage, and mandatory real-name verification.
These features make Bithumb an ideal platform for traders seeking stability and regulatory compliance in the fast-moving crypto market.
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How to Register on Bithumb
Registration on Bithumb varies depending on whether you're using the mobile app or desktop platform, and your account type (individual or business). Below is a step-by-step breakdown.
Mobile App Registration
The mobile version offers two registration paths: Quick Member and General Member.
Quick Member Registration
Ideal for users who want fast access:
- Requires only a phone number and SMS verification.
- No password setup—login is done via SMS authentication.
- Limited functionality compared to general accounts (e.g., withdrawal restrictions).
General Member Registration
For full access to all features:
Use your email address as the login ID.
- Note: You cannot change the registered email later.
- Register with a personal mobile number under your name.
Provide accurate full name and residential address.
- Inaccurate or fake details may result in account suspension or restricted services.
This tier requires identity verification and is recommended for serious traders.
Desktop Registration
On the desktop site, users can choose between General Member and Corporate Member accounts.
General Member (Individual Users)
Same requirements as mobile:
- Valid email for login (non-changeable).
- Real-name mobile number.
- Accurate personal information including legal name and address.
- Subject to KYC (Know Your Customer) checks for compliance.
Bithumb enforces strict real-name policies to maintain a secure trading ecosystem. Misrepresentation can lead to frozen funds or permanent access denial.
Corporate Member (Business Accounts)
Designed for companies engaging in institutional trading:
- Company Name: Must match official business registration.
- Representative’s Name: The legal representative of the company.
- Business Registration Number, contact details, and corporate address required.
- Additional documentation may be requested during verification.
Both company representatives and registered employees can access support services, but critical actions like withdrawal reinstatement require direct confirmation from the authorized representative.
How to Trade on Bithumb
Once verified, you can begin trading instantly. Bithumb supports three main trading methods: Standard Trading, Quick Trading, and Scheduled Trading—each tailored to different strategies and user needs.
1. Standard Trading
Use this method when you want precise control over price points.
- Place buy/sell orders at your desired price.
- Orders exceeding a 90% deviation from the current market price will be rejected to prevent accidental trades.
For security:
- Buy orders above market price are executed at market rate.
- Sell orders below market price are also adjusted to market rate.
This protects users from manipulation or input errors during volatile conditions.
2. Quick Trading
Perfect for fast execution without setting specific prices.
- Ideal when you want immediate results at the current market price.
If your selected amount exceeds available liquidity:
- The system fills what’s possible immediately.
- Remaining volume may be canceled or partially filled based on availability.
Great for beginners or those executing time-sensitive trades.
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3. Scheduled Trading (Available Only on Desktop)
Automate your Bitcoin (BTC) trades based on market triggers.
Market Price Trigger Order
- Set a target price.
- When the market hits that level, a quick trade executes automatically at prevailing market rates.
- Useful for catching breakouts or entering during pullbacks without constant monitoring.
Limit Price Trigger Order
- Define both a trigger price and a limit price.
- Once the market reaches your trigger, an order is placed at your specified limit price.
If matching orders aren’t fully available:
- Partial fills occur where possible.
- Remaining quantity stays pending until fulfilled or canceled.
This feature adds automation and discipline to your BTC investment strategy.
Frequently Asked Questions (FAQ)
Q1: Is Bithumb available outside South Korea?
While Bithumb primarily serves Korean residents, international users may face restrictions due to KYC and regulatory policies. Access often depends on IP location and compliance requirements. Always check local regulations before attempting registration.
Q2: Why can't I change my registered email?
Bithumb locks the initial email to enhance security and prevent unauthorized account takeovers. This design minimizes risks associated with identity theft and phishing attacks.
Q3: What documents are needed for verification?
Individuals typically need:
- Government-issued ID (e.g., passport or national ID).
- Proof of address (e.g., utility bill or bank statement).
Corporations must submit business registration papers and representative identification.
Q4: Can I trade altcoins on Bithumb?
Yes. While Bitcoin dominates trading volume, Bithumb lists numerous altcoins such as Ethereum (ETH), Ripple (XRP), Solana (SOL), and various KRW-paired tokens popular in the Korean market.
Q5: How long does verification take?
Most general accounts are verified within 24 hours. Corporate accounts may take longer due to additional documentation checks.
Q6: Are there withdrawal limits?
Yes. Unverified accounts have strict limits. Fully verified users enjoy higher thresholds, though daily caps still apply for security reasons. These vary by user tier and transaction history.
Tips for New Traders on Bithumb
- Start with small trades to familiarize yourself with the interface.
- Enable two-factor authentication (2FA) for added security.
- Monitor KRW-BTC spreads closely—liquidity affects slippage during peak volatility.
- Use scheduled trading to capitalize on predictable market movements without being online 24/7.
Crypto markets never sleep, but smart tools let you stay ahead even when you’re not watching.
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Final Thoughts
Bithumb stands out as a trusted gateway into the world of digital assets—especially for users in South Korea or those interested in KRW-based trading pairs. Its combination of regulatory compliance, high liquidity, and intuitive tools makes it a solid choice for both novice and experienced traders.
By understanding the registration process, mastering different trading modes, and leveraging automation features like scheduled orders, you can confidently navigate Bithumb’s ecosystem and build a more strategic approach to cryptocurrency investing.
Whether you're dollar-cost averaging into Bitcoin or actively trading altcoins, having a reliable exchange partner is crucial—and Bithumb delivers on that front with consistency and transparency.