Bithumb in South Korea
- Rank in South Korea
- #2 of 4
- Bitcoin in South Korea
- Legal
- Our rating
- 4.3
- Review updated
- 2026-08-23
Yes. Bithumb serves South Korea and ranks second of the 4 exchanges in our South Korea guide, on fees, security record and local payment support. Here it takes Real-name KRW bank account; Real-name KRW bank account is the rail local buyers lead with. 0.04 percent, the lowest published domestic rate in South Korea. Identity verification is required before you can deposit and trade.
How to pay on Bithumb in South Korea
The deposit rails Bithumb offers to buyers in South Korea, from our South Korea guide reviewed 2026-08-23. Each one links to how that rail works here.
- Real-name KRW bank account:
- requires a KB Kookmin Bank account
What Bithumb charges, and what it asks for
0.04 percent, the lowest published domestic rate in South Korea. Requires a real-name account at KB Kookmin Bank for won deposits.
- maker
- 0.04 percent
- taker
- 0.04 percent
- deposit note
- Won deposits require a real-name account at KB Kookmin Bank, the designated partner.
- withdrawal note
- Won withdrawals return to the linked KB Kookmin account; bitcoin withdrawals to self-custody are supported.
Identity verification
Required. Identity verification is required before you can deposit and trade.
Is bitcoin legal in South Korea?
Bitcoin is legal in South Korea and the market is tightly regulated. The Virtual Asset User Protection Act took effect in July 2024, exchanges must register with the Financial Intelligence Unit under the Special Financial Information Act, and won trading requires real-name verified bank accounts, rules that foreign platforms have not met; regulators blocked 17 unregistered overseas exchange apps in March 2026. A long-delayed capital gains tax on virtual assets is scheduled to begin in January 2027.
Every exchange we rank in South Korea
Ranked by our editorial review of fees, security record and local payment support. Rankings are never sold.
| # | Exchange | Rating | Fees | ID check | Pays with |
|---|---|---|---|---|---|
| 1 | Upbit | 4.4 | 0.05% on won markets | Required | Real-name KRW bank account |
| 2 | BithumbThis page | 4.3 | 0.04%, Korea's lowest | Required | Real-name KRW bank account |
| 3 | Coinone | 4.0 | 0.2% main, 0.02% at volume | Required | Real-name KRW bank account |
| 4 | Korbit | 3.9 | Maker from 0.08%, taker 0.2% | Required | Real-name KRW bank account |
Frequently asked questions
Is Bithumb available in South Korea?
Yes. Bithumb ranks second of the 4 exchanges in our South Korea guide, ranked on fees, security record and local payment support. Here it takes Real-name KRW bank account; Real-name KRW bank account is the rail local buyers lead with. Our South Korea guide was last reviewed 2026-08-23 and the Bithumb review on 2026-08-23.
What payment methods does Bithumb accept in South Korea?
In South Korea, Bithumb takes Real-name KRW bank account. Worth knowing before you fund: Real-name KRW bank account, requires a KB Kookmin Bank account. These are the localized rails from our South Korea guide, not the platform's global list.
What does Bithumb charge?
0.04 percent, the lowest published domestic rate in South Korea. Requires a real-name account at KB Kookmin Bank for won deposits.
Does Bithumb require identity verification?
Yes. Identity verification is required before you can deposit and trade. Our record marks this as the platform's own policy rather than a South Korea rule, so it applies wherever Bithumb operates.
Is bitcoin legal in South Korea?
Bitcoin is legal in South Korea and the market is tightly regulated.
Sources
- Bithumb official site
- Paybis: best crypto exchanges in Korea compared
- CryptoSlate: South Korea blocks 17 overseas crypto exchange apps in registration crackdown
- crypto.news: South Korea confirms January 2027 launch for long-delayed crypto tax
- The Korea Times: after three delays, Korea prepares for 2027 crypto tax rollout