Bithumb vs SimpleSwap

Bithumb3.0/5

VS

SimpleSwap4.1/5

Feature	BithumbVisit	SimpleSwapVisit
Ratings
Our score	3.0/5	4.1/5
User rating	No reviews yet	No reviews yet
Fees	3.0	3.0
Security & trust	2.5	4.0
Asset selection	4.0	5.0
Ease of use	3.0	4.5
Support	2.5	4.0
Specs
Markets	Spot	Spot
Maker fee	0.04%	Not disclosed
Taker fee	0.04%	Not disclosed
Coins listed	483	2,800
Fiat deposit methods	Bank transfer	Card
KYC required	Yes	No
Accepts US customers	No	Not disclosed
Proof of reserves	No	Not disclosed
Staking / earn	Yes	Not disclosed
Mobile app	Yes	Yes
Security features	2FA, ISMS certification	Non-custodial architecture, Direct wallet settlements
Futures & perpetuals	No	No
Copy trading	No	No
P2P market	No	No
Earn / savings products	Yes	Not disclosed
Referral program	Not disclosed	Yes
Company
Founded	2014	2018
Headquarters	South Korea	—
Investors	BK Global Consortium	Not disclosed
Strengths and weaknesses
Pros	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	No account registration required for standard crypto-to-crypto swaps Non-custodial model delivers converted assets directly to personal wallets Extensive catalog covering more than 2,800 cryptocurrencies Choice between fixed guaranteed rates and floating market rates
Cons	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	Built-in exchange spreads can exceed traditional spot order-book trading fees Transactions flagged by automated AML risk scoring trigger sudden KYC holds No order books, limit orders, futures, or margin trading Fiat purchases rely on third-party processors with separate fees and verification
Best for	South Korean domestic retail traders, Won-denominated spot crypto buyers, Korean institutional algorithmic traders	Registration-free crypto-to-crypto swaps, Non-custodial cross-chain transfers, Trading rare altcoins without CEX balances

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

More comparisons