Bithumb
exchangeSouth Korean exchange with multiple significant hacking incidents.
Platform Information
Founded
Headquarters
Two-Factor Authentication
An extra login step that protects your account even if your password is stolen.
Custodial
The platform holds your crypto on your behalf — you don't control the private keys.
KYC Required
Know Your Customer — you must verify your identity before trading or withdrawing.
Proof of Reserves
The platform publicly proves it holds enough assets to cover all customer funds.
Insurance
Customer funds are covered by insurance in the event of a hack or platform failure.
About Bithumb
Bithumb is one of South Korea's largest crypto exchanges. It has suffered multiple hacks: approximately $30M in 2018, $13M in 2019, and $25M in 2020. Despite improved security measures since, its incident history warrants elevated risk scoring.
Security & Score
Platform Safety Score
Based on incident history, security features, and track record
No detailed security information available for Bithumb.
Regulatory Information
Notes
Registered with Korea's Financial Intelligence Unit (KoFIU).
Incident History
No incidents recorded for this platform.
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