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Bithumb is a South Korean cryptocurrency exchange platform that is operated by a company called BTC Korea.com Co. Ltd, and is headquartered in Seoul, South Korea. It features low commission for bitcoin transactions, trade data anti-forgery, secured SMS verification, highly adaptive data encryption, 24/7 server security control systems, and stable real-time trading system. The Bithumb platform allows its users to exchange Korean Won for Ethereum (ETH/KRW), Ethereum Classic (ETC/KRW), Ripple (XRP/KRW), Litecoin (LTC/KRW), Dash (DASH/KRW), Bitcoin (BTC/KRW), and Bitcoin gift vouchers with a minimum value of $9 USD.
On September 23, 2019 Bithumb announced plans to open op their cryptocurrency trading platform in India. Bithumb will offer sign-up incentives to Indian customers and will offer an opportunity for Indian cryptocurrency exchanges to partner with Bithumb to help increase their liquidity. At the time of making their annoucnement to expand operations in India, Bithumb has captured 59.19% of the Korean and 15% of the global cryptocurrency exchange market.