Crypto Exchange Bithumb Global Finally Changes Status from Beta Testing After Brutual Hack

The global version of the South Korea crypto exchange Bithumb has just come out of beta. According to a recent press release, Bithumb Global has been properly launched now, which will boost the company’s mission to expand its business to other countries, especially Japan, which has a big audience.

Bithumb Global’s new 1.0 version is said to give users a considerably faster speed when making transactions and to have an improved user interface. Other upgrades include a Japanese version of the main site, the ability to let users buy crypto with their credit cards and the removal of a complicated wallet system that users complained about.

According to Javier Sim, the managing director of the company, Bithumb Global’s goal is to unite the crypto communities of the world on the platform by offering a fair and transparent trading environment. According to him, the keyword when talking about it is unity.

So far, the company’s global expansion seems to be working out pretty well. The new exchange has a trading volume of over $488 million USD daily. The original version may be more restricted to South Korea than its international counterpart, but it has a volume of at least $588 million USD daily, meaning that the global platform is not far behind it.

Curiously, the global platform only has one million users while the local one has ten million users but a trading volume that is not really that much smaller.

It seems that despite a recent hacking that occurred in March 2019 and may have the involvement of the company’s employees, the platform continues to be pretty popular around the crypto space.

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Hank Klinger
Hank Klinger
Hank Klinger has been working online for seven years now. He has written for several national companies. Hank has been a part of our team for over three years, reviewing ICOs, new cryptocurrencies and helping us keep up to date with industry news. His primary knowledge is in marketing, sales, and advertising, and he uses that knowledge to research and pick out reliable sources of information to use as a basis for his writing.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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