Comparison of Bithumb vs Coindcx [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Bithumb vs Coindcx comparison!

Your expert: Alejandro Borja

bithumb

Bithumb

  • Threenvest valuation: 4,3/5
  • US legal: No
  • Security: High 4,9/5
  • Mobile App: Yes
Go exchange

Investing risks losing your money

Your expert: Xavier Tarrasó

coindcx

Coindcx

  • Threenvest valuation: 3,5/5
  • US legal: No
  • Security: High 4,5/5
  • Mobile App: Yes
Go exchange

Investing risks losing your money

Main points

Fees

0,10%/0,15%

Earns

Yes

Customer service

4/5
≤0,10%

Fees

Yes

Earns

4/5

Customer service


Recommended for

Beginners

Yes

Trading

Yes

Passive income

Yes

Buy and hold

Yes
Yes

Beginners

Yes

Trading

Yes

Passive income

Yes

Buy and hold


Comparison of fees

Rating

3.9 – Competitive fees but variable depending on the trading volume.
4.1 – Low fees with additional discounts for high-volume traders.

Level

0,10%/0,15%
≤0,10%

Brief explanation

Bithumb structures its trading fees to accommodate both high-volume traders and casual users, making it an attractive platform for a broad range of investors. The fee system is tiered, based on the user’s 30-day trading volume, which incentivizes frequent trading and higher volumes. Fees start relatively low compared to industry averages, with maker fees often being lower than taker fees, which benefits those who add liquidity to the market. This structure not only supports active traders but also ensures that the exchange remains competitive and accessible to newcomers. The clarity and competitiveness of these fees contribute significantly to Bithumb’s appeal in the global crypto trading landscape.
Coindcx employs a competitive and transparent fee structure which includes trading fees that are among the lowest in the Indian market. This makes it an attractive option for both high-volume traders and beginners. The platform charges a maker-taker fee model, which encourages liquidity on the exchange while ensuring traders can execute trades at or near their desired prices without substantial cost. Additionally, Coindcx offers tiered pricing, reducing trading fees for users as their trading volume increases, making it financially feasible for users to scale up their trading activities efficiently.

Bithumb

bithumb
Read bithumb review
  • Year Founded: Established in 2014, Bithumb has a long-standing presence in the cryptocurrency market. This longevity signifies stability and experience in handling a dynamic and sometimes volatile market, providing a solid foundation of trust among its users.
  • Security Methods: Bithumb has implemented robust security measures, including multi-layered security systems and regular updates to safeguard against new types of cyber threats. These rigorous security practices help ensure the safety of user funds and personal information.
  • Volume Managed and Trading Volume and Liquidity: Bithumb consistently ranks among the top exchanges globally in terms of trading volume. High liquidity not only makes it easier for users to execute trades at desired prices but also reflects the trust and reliability of the platform in the eyes of a large user base.
  • Reputation and Reviews: The exchange has built a solid reputation over the years, backed by positive reviews from many of its users. This reputation is supported by Bithumb's responsiveness to past challenges and its ongoing commitment to improve user experience and security.
  • Customer Service: Bithumb offers extensive customer support with 24/7 access, including real-time assistance for resolving issues. Effective customer service enhances user trust by ensuring that assistance is readily available whenever needed, which is crucial in the fast-paced environment of cryptocurrency trading.
  • Pros
  • High trading volume ensures liquidity.
  • User-friendly interface for beginners.
  • Robust security measures in place.
  • Cons
  • Past security breaches raise concerns.
  • Limited global accessibility.

Read bithumb review

Coindcx

coindcx
Read bithumb review
  • Regulatory Compliance: Coindcx operates with full legal compliance under India’s stringent financial regulations, providing users with a secure trading environment.
  • Customer Service: The exchange offers robust customer support with a comprehensive FAQ section, 24/7 customer service via chat and email, and quick response times, ensuring that user queries are promptly addressed.
  • Security Measures: The platform utilizes advanced security protocols, including two-factor authentication (2FA) and encrypted data storage, ensuring that user funds and information are protected against unauthorized access.
  • Trading Volume and Liquidity: Coindcx boasts significant trading volume and liquidity, which facilitates efficient trading with minimal slippage, making it an ideal platform for both novice and experienced traders.
  • Reputation and Reviews: Coindcx has a strong reputation in the cryptocurrency community, recognized for its reliable service and customer satisfaction, as evidenced by numerous positive reviews and testimonials.
  • Pros
  • Supports over 320 cryptocurrency types.
  • Strong focus on liquidity provision.
  • Robust and reliable customer support.
  • Cons
  • Primarily supports INR for fiat.
  • Limited leverage options available.

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Product selection

Native token

No
No

Earns

Yes
Yes

NFT marketplace

Yes
No

Cripto/debit card

Yes
No

Company information

Full name

Bithumb Korea Co., Ltd.
Primestack Pte. Ltd.

Regulation

Regulated in Corea del Sur
Not regulated

Year founded

2014
2018

Founder

Unknown
Sumit Gupta and Neeraj Khandelwal

Payment methods

Transfers

Yes
Yes

Mastercard

No
Yes

Wire transfer

Yes
Yes

Card

No
Yes

Comparative table

Bithumb FEATURES Coindcx
Bithumb allows relatively low minimum trades, accessible for beginners.
Minimum Trade
Coindcx allows trading with small amounts, making it accessible for beginners.
Fees are competitive but can be complex and vary by transaction type.
Trading and Transaction Fees
Coindcx offers competitive fees, which are lower than many other exchanges.
Offers a wide range of cryptocurrencies, catering to diverse trader needs.
Number of Cryptocurrencies
Offers over 200 cryptocurrencies, providing a wide range for trading.
Provides a substantial number of trading pairs, enhancing trading options.
Crypto-to-Crypto Trading Pairs
A vast selection of trading pairs is available, enhancing trading flexibility.
Generally transparent but could improve in detailing fee structures.
Website Transparency
The website provides clear information on fees, policies, and trading options.
Bithumb does not provide an exchange card for in-store purchases or associated benefits, which limits its utility for everyday transactions compared to some other exchanges offering this feature.
Credit/Debit Card
None of the reviewed exchanges provide an exchange card for in-store purchases and benefits​​​​.
Provides secure storage options with advanced security features.
Storage Offering
Provides secure storage options with advanced security measures.
Offers competitive staking options and rewards for users.
Staking and Rewards
Offers staking options on certain cryptocurrencies with competitive rewards.
Excellent user interface on both mobile and desktop platforms.
Mobile App and Desktop
Both platforms are user-friendly and well-designed, suitable for traders on-the-go.
Exceptional customer support with 24/7 availability and multiple languages.
Customer Service
Responsive and helpful customer support with multiple channels like chat and email.
Efficient processes, though some users report delays during high traffic.
Deposit and Withdraw
Offers multiple methods for deposit and withdrawal, including bank transfer and UPI.

Key features

Analysis tools

Basic charting tools
Basic charting tools

Mobile APP

Yes
No

Security

High 4,9/5
High 4,5/5

Additional features

Margin trading, staking, Bithumb Cash rewards, institutional services
Margin trading, staking, CoinDCX Earn, CoinDCX Academy

Anonymity

No
No

Key points

Available cryptocurrencies

150+
200+

User-friendliness

Bithumb provides a straightforward and user-friendly interface, making it easy for beginners to start trading cryptocurrencies. The platform’s design is clean and intuitive, facilitating a smooth trading experience.
CoinDCX provides a user-friendly platform that is easy to navigate, making it suitable for beginners. The interface is designed to facilitate a smooth trading experience with all necessary features easily accessible.

Value for money

Offers good value for money with competitive fees and a wide selection of cryptocurrencies, though it may face regulatory challenges in some regions.
Delivers good value for money with low trading fees and a wide range of supported cryptocurrencies, making it a cost-effective choice for Indian users.

Countries of operation

South Korea, United States, Canada, Australia, United Kingdom
India, United States, United Kingdom, Canada, Australia

Best for

Best for South Korean traders looking for a platform with a wide selection of cryptocurrencies and competitive fees.
Best for Indian traders looking for a cost-effective platform with a wide range of cryptocurrencies and competitive fees.

Base currencies available

KRW, BTC
INR, USDT

Account

Trading

Bithumb is one of South Korea’s largest exchanges, offering high liquidity and a wide range of cryptocurrencies. However, it has faced security issues in the past, which could be a concern for users.
CoinDCX is an Indian exchange with a wide range of cryptocurrencies and easy fiat integration. It offers competitive fees and advanced trading features, making it suitable for both beginners and experienced traders.

Deposit and withdrawal

Bithumb offers various deposit methods, including bank transfers and crypto. Withdrawals are processed quickly, usually within a few hours. Fees are competitive but can vary depending on the method used.
CoinDCX offers easy fiat and cryptocurrency deposit methods. Withdrawals are processed quickly, typically within a day. Fees are competitive, making it a good choice for Indian users.

Account opening process

Bithumb provides a straightforward account opening process. Users need to submit personal information and verify their identity. The process is efficient and typically completed within a day, ensuring quick access to trading.
CoinDCX provides an easy account registration process. Users need to submit personal details, verify their identity, and address. The process is efficient and usually takes less than a day to complete.

KYC required?

Yes
Yes

Customer Service

Bithumb offers customer support through email, live chat, and a help center. The support team is responsive, but the lack of 24/7 availability may be a limitation for some users.
CoinDCX provides support through email, live chat, and a help center. The support team is responsive and available 24/7, making it convenient for users in India and beyond.

Security

Bithumb offers robust security features, including 2FA, cold storage, and encryption. Despite its strong security measures, the platform is not regulated by top-tier financial authorities, which could be a concern for some users.
CoinDCX ensures security with 2FA, encryption, and cold storage. It is regulated by Indian authorities, providing a secure environment for investors.

Which of these exchanges is for you?

alejandro-borja-analista-de-brokers.webp

Alejandro Borja

As an expert on our website, I recommend Bithumb for traders looking for a robust platform with a wide selection of cryptocurrencies and high liquidity. Its user-friendly interface makes it accessible for beginners, while the depth of its market and security measures provides peace of mind. However, potential users should be aware of its complex fee structure and ensure they understand the costs associated with trading on this platform. Overall, Bithumb is a solid choice for those looking to dive into the dynamic world of cryptocurrency trading.
Xavier-tarraso-mascarell.jpg

Xavier Tarrasó

As an expert reviewing various platforms, I find Coindcx to stand out particularly for its user-centric approach. The exchange not only offers a comprehensive range of over 200 cryptocurrencies but also ensures that both novices and seasoned traders can navigate and utilize the platform with ease. Its emphasis on security, backed by stringent compliance with Indian financial regulations, instills a high level of trust and reliability, making it a preferred choice for many looking to trade cryptocurrencies. Whether you’re starting your crypto journey or looking to diversify your trading strategies, Coindcx provides a robust environment with the tools and support needed to succeed in the dynamic world of cryptocurrency.

View all comparisons against Bithumb

View all comparisons against Coindcx

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

More comparatives Bithumb and Coindcx