Binance.US vs Bithumb

How Binance.US vs Bithumb compare on our ratings, exchange specs, funding, pros and cons.

VS
Bithumb3.0/5
Feature
Ratings
Our score4.1/53.0/5
User ratingNo reviews yetNo reviews yet
Fees5.03.0
Security & trust4.02.5
Asset selection4.04.0
Ease of use4.03.0
Support3.52.5
Specs
MarketsSpot, OTCSpot
Maker fee0%0.04%
Taker fee0.02%0.04%
Coins listed200483
Fiat deposit methodsBank transfer, Card, Apple Pay, Google Pay, ACHBank transfer
KYC required Yes Yes
Accepts US customers Yes No
Proof of reserves Yes No
Staking / earn Yes Yes
Mobile app Yes Yes
Licenses & registrationsFinCEN MSB, 32 US State Money Transmitter LicensesNot disclosed
Security featuresU.S.-based cold storage, Multi-factor authentication, SOC 2 Type II certified, ISO 27001 certified, ISO 27701 certified2FA, ISMS certification
Futures & perpetuals No No
Copy trading No No
P2P market No No
Earn / savings products Yes Yes
User protection fund NoNot disclosed
Referral program YesNot disclosed
Company
Founded20192014
HeadquartersUnited StatesSouth Korea
InvestorsRRE Ventures, Circle Ventures, Foundation Capital, Original Capital +1BK Global Consortium
Strengths and weaknesses
Pros
  • 0% maker fees across all 250+ spot trading pairs
  • Zero-fee fiat deposits and withdrawals through bank ACH transfers
  • SOC 2 Type II and ISO 27001 third-party security audits
  • Staking support across 25+ proof-of-stake cryptocurrencies
  • Competitive baseline spot trading fees starting at 0.04%
  • High domestic liquidity across 483 cryptocurrencies and 495 trading pairs
  • Flat 1,000 KRW fee for fiat bank withdrawals
  • Certified under South Korea's Information Security Management System
Cons
  • Unavailable to residents in 16 U.S. jurisdictions, including New York and Texas
  • ACH fiat deposits carry a mandatory 7-day withdrawal hold
  • Centralized custody model requires full trust in the exchange for fund safety
  • Mandatory KYC identity verification required before trading or depositing
  • Restricted strictly to South Korean residents with domestic bank accounts
  • Custodial platform with no Merkle-tree cryptographic proof of reserves
  • Past security breaches including asset thefts in June 2018 and March 2019
  • No futures, margin trading or leverage options
Best forU.S. spot traders placing limit orders, Investors seeking zero-fee ACH deposits, Proof-of-stake crypto holders earning rewardsSouth Korean domestic retail traders, Won-denominated spot crypto buyers, Korean institutional algorithmic traders

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