# Bithumb > Your Trusted Financial Partner Bithumb helps users trade cryptocurrencies with Korean won through a centralized spot exchange with staking and lending services. Bithumb is a cryptocurrency exchange platform serving South Korean and international traders with spot trading across multiple digital assets paired primarily with Korean Won. The platform provides trading tools including automated bots and API access, alongside payment services through Bithumb Cash that enable cryptocurrency transactions at retail merchants and e-commerce platforms. Users can generate passive income through staking programs and a coin rental service. Originally launched as Xcoin in 2014 and rebranded to Bithumb in 2015, the exchange operates as a licensed Virtual Asset Service Provider under South Korean financial regulators. - Type: Company - Sector: Finance - Status: Active - Profile: https://thegrid.id/profiles/bithumb ## Products - [Bithumb Exchange](https://thegrid.id/profiles/bithumb): Bithumb Exchange implements centralized order matching and custody infrastructure for cryptocurrency spot trading across multiple digital assets with KRW and BTC base pairs. The platform integrates staking services supporting multiple proof-of-stake networks with automated reward distribution, a coin rental system providing collateralized Bitcoin and Ethereum borrowing through partnered financial institutions, and Bithumb Cash payment gateway enabling QR code-based merchant transactions with cryptocurrency-to-fiat conversion. Trading operations provide web and mobile interfaces with automated bot execution, API integration for developers, and real-time market data while enforcing Financial Services Commission compliance through mandatory KYC verification and real-name banking settlement. (Centralised Exchange, Live, Main Product) ## Links - [Main](https://www.bithumb.com) - [Terms of Service](https://www.bithumb.com/react/terms/info-terms) - [Privacy policy](https://www.bithumb.com/react/terms/info-customer) - [Blog](https://feed.bithumb.com/notice) - [Documentation](https://support.bithumb.com/hc/ko) - [Twitter / X](https://x.com/bithumbofficial) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation. Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service. The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP