Bithumb review

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(96 User Ratings)

35 fiat currencies including SGD, USD, AUD, INR, and more
EOS, XRP, BTC, ETH, ETC, BCH, YFI, ADA, and more
0.1%

Bithumb is one of the best and most reliable blockchain platforms and is among the most active virtual currency exchanges in the world.

 

Background Information About Bithumb

 

Headquartered in Seoul, South Korea, Bithumb is a company that creates the future of a more convenient and more trustworthy digital finance platform through endless innovation. It was founded in 2014 by Javier Sim. 

 

The Bithumb platform offers the widest range of cryptocurrencies available for trading in the market and accounts for a large portion of daily transactions in most major cryptocurrencies. Moreover, it also offers a range of features including, auto trading, staking, price alerts, coupons, and much more. It is quite popular in Singapore.

Table of content

How to Sign-Up on the Bithumb mobile app from Singapore?

 

Bithumb allows you to get registered on the mobile app in two ways that include:

 

  1. Quick Membership Sign-up method

i) This is a very easy and quick method that allows users to sign-up using only the mobile phone number and basic authentication.

ii) In this method, you don’t need any separate login password, as this method used only the mobile phone SMS authentication to log in.

iii) To log in, you have to enter your mobile number and request the verification code. You will receive a code via SMS.

iv) Enter the code received via SMS to log in to your account.

 

  1. Regular Membership Sign-up

i) Open the Bithumb mobile app and select the General Sign-up option. On selecting the option, you will be taken to the sign-up screen, where you have to fill in details like email address and mobile number.

ii) You will receive a verification code via SMS to your registered mobile number.

iii) Next, click on the “request for verification name” button and fill in your full name and address accurately to get started.

 

How to Sign-Up on the Bithumb mobile app from Singapore?

 

Bithumb allows you to get registered on the mobile app in two ways that include:

 

  1. Quick Membership Sign-up method

i) This is a very easy and quick method that allows users to sign-up using only the mobile phone number and basic authentication.

ii) In this method, you don’t need any separate login password, as this method used only the mobile phone SMS authentication to log in.

iii) To log in, you have to enter your mobile number and request the verification code. You will receive a code via SMS.

iv) Enter the code received via SMS to log in to your account.

 

  1. Regular Membership Sign-up

i) Open the Bithumb mobile app and select the General Sign-up option. On selecting the option, you will be taken to the sign-up screen, where you have to fill in details like email address and mobile number.

ii) You will receive a verification code via SMS to your registered mobile number.

iii) Next, click on the “request for verification name” button and fill in your full name and address accurately to get started.

Bonus

Bithumb

How to Sign-Up on the Bithumb website From Singapore?

 

Step 1: Go to the official website of Bithumb, and click on the “Sign-Up” button available on the home page.

Step 2: After clicking on the “Sign Up” button, you’ll be redirected to the registration page, where you have to fill in your email address and then click on check duplicate. Here, you also tick the box so that they know you are not a robot.

Step 3: Next, enter your nationality and your mobile number. 

Step 4: After filling in your mobile number, click on the “SMS Request” button. You will receive a 6 digit verification code via SMS, which you need to enter into the mobile verification number box.

Step 5: You have to now fill other details like full name, date of birth, gender, and your residential address.

Step 6: After providing all the details, you have to create a password. Kindly note that while creating the password, it is recommended to have a minimum password length of 8 characters, and it must contain one capital letter, one special character, and one number.

Step 7: Now, you have to read and accept the company terms and policy and then click on the “Sign Up” button.

Step 8: At last, you will receive a verification email from Bithumb. Open your email inbox and click on the “Verify Email” link in the email you received from Bithumb to verify your email address.

 

After verifying your email address, you will be classified in Level 1, which allows you to start trading without requiring you to provide any additional information. In case you want to trade higher amounts, you’ll need to upgrade your account to the next level.

 

For upgrading your account to the next level, you will require to upload your ID documents and proof of residency.

Free quently asked questions

1Is Bithumb trustworthy?

Yes, Bithumb is a trustworthy platform. Even though the platform experienced a cyber attack in 2017, there haven’t been any more security breaches since then. The website is SSL encrypted and has 24/7 monitoring of servers.

2Are there any fees for deposits and withdrawals on Bithumb?

Yes, Bithumb enforces fees on deposits and withdrawals based on the type of asset used by customers for making deposits and withdrawals.

3How to increase the user level at Bithumb?

To increase your user level, you need to provide supporting documents for identity verification (passport, driving license) and proof of residence (utility bill). After providing the supporting documents, you can increase the user level (Level 2 ~ Level4) through the administrator’s approval.