S.Korea’s Bithumb links system with Samsung Securities, mobile apps

South Korea’s leading digital asset exchange Bithumb is linking its system with mobile applications from three major domestic financial institutions — Samsung Securities, NH Nonghyup and KB Kookmin Bank, Bithumb announced Thursday.

Fast facts

• Bithumb users can now check up-to-date crypto prices and the status of their digital asset investments such as earning rates through Samsung’s mPOP, NH Smart Banking and NH Allone Bank, and KB StarBanking mobile applications.

• “As digital assets move closer to traditional finance, we are thinking about ways for customers to manage their portfolios at ease,” Bithumb wrote in a press release.

• The cryptocurrency exchange partnered NH Nonghyup Bank last year, where the bank provides real-name withdrawal and deposit accounts to Bithumb users in accordance with South Korea’s crypto regulations.
• Bithumb is among the top five crypto exchanges in South Korea along with Upbit, Coinone, Korbit and Gopax. It was responsible for 17.1% of total crypto trade volume in the country last year.