Bithumb Revamps Fees and Rewards, Elevating Trading Experience

Bithumb, a leading cryptocurrency exchange, has recently announced a significant overhaul of its fee structure and rewards system. In a move to offer more value to its users, the new fee applied is set lower than Bithumb's previous rate of 0.25%, positioning it as the most competitive among domestic exchanges. This strategic initiative not only reduces the trading costs for its customers but also expands the existing Maker Rewards benefits, offering a range of exclusive perks, especially for black level members.

Fee Reduction and Coupon Code System

Under the new fee regime, Bithumb introduces a reduced fee structure that is unprecedented in the local market. Users can now enjoy trading at rates lower than the previous standard fee, enhancing their trading experience and profitability. Upon registering and applying the provided coupon code, the revised fees are automatically applied to the user's account, ensuring immediate benefit and convenience. These fee coupons, valid for 30 days from the date of registration, allow for continuous cost savings, with the option for users to re-register upon expiry, maintaining the cycle of benefits.

Expansion of Maker Rewards

In addition to fee reduction, Bithumb is set to augment its Maker Rewards program starting May 5th. This incentive offers traders a proportion of their transaction amount back as a reward, fostering a more engaging trading environment. The revamp will see an increase in the 'Maker Rewards' benefit, with the highest payment scaling up to 0.06% based on the transaction volume of virtual asset Maker orders at each level. Notably, the reward accumulation cap has been removed, transitioning from the previous daily limit of 100,000 KRW. Furthermore, rewards will now be disbursed daily, a significant improvement from the prior weekly payout schedule. High-tier members, including those at purple, orange, and black levels, stand to benefit immensely, as the maximum Maker Rewards surpass the 0.04% commission, virtually waiving their trading fees.

Exclusive Benefits for Black Level Members

Commencing March 1st, Bithumb is set to further enrich its service offering for black level members. This elite tier will have access to a suite of luxury benefits that redefine the trading experience. Members can indulge in exclusive services such as black card payments, personalized yacht trips, premium access to golf courses, high-end dining experiences at select restaurants and bars, and convenient hotel valet services. These bespoke perks are designed to offer a lifestyle of luxury and convenience, complementing the trading prowess of Bithumb's most esteemed clientele.

Statement from Bithumb's Service General Manager

Sunil Moon, Bithumb's Service General Manager, articulates the driving force behind these changes as a commitment to providing greater value to their active traders. He emphasizes that the restructured fee system is not just about offering the lowest fees in Korea but is also about enriching the trading experience with substantial Maker Rewards and unmatched member services. Moon confidently asserts that these enhancements will set Bithumb apart, offering a trading experience that is unparalleled in the industry.

Conclusion

Bithumb's latest initiative marks a significant milestone in its journey to provide unmatched value and service to its users. By integrating competitive fees with an enriched rewards system and exclusive member benefits, Bithumb is set to redefine the standards of cryptocurrency trading, catering to the needs and lifestyles of its diverse clientele.