Deepcoin Integrates with Bithumb for Compliant Transfers
Deepcoin integrates with Bithumb for compliant transfers via the FATF Travel Rule CODE alliance. Starting August 27, users can seamlessly deposit, withdraw and trade between the two crypto exchanges, enhancing cross-platform transfers. The Deepcoin Bithumb integration marks a major milestone in Deepcoin’s global compliance strategy, adhering to Korean regulatory requirements for transfers above 1 million KRW. As the tenth overseas exchange to connect with Bithumb—following Binance, OKX, Bybit and others—Deepcoin leverages CODE’s secure data-sharing and real-time verification to ensure asset transfer compliance, transparency and efficiency. Founded in 2014, Bithumb is one of South Korea’s largest crypto exchanges, renowned for its strict regulatory standards. Deepcoin CEO Ego emphasizes that compliance is central to their mission, promising improved security and user experience. Backed by a proprietary matching engine and an institutional-grade API covering over 200 trading pairs, Deepcoin continues to deliver a seamless, secure trading experience worldwide. This integration cements Deepcoin’s position in the global crypto exchange landscape and paves the way for further regulatory partnerships.
Bullish
The Deepcoin–Bithumb integration is likely bullish. By enabling compliant cross-platform transfers under the FATF Travel Rule, it reduces regulatory friction and expands liquidity between major markets. Historical precedents—such as Binance’s earlier connection with Bithumb—led to increased trading volumes and more robust institutional participation. In the short term, traders can expect higher deposit and withdrawal efficiency and tighter spreads. Over the long term, strengthened compliance frameworks boost market confidence, attract new capital and foster sustainable growth in cross-border crypto trading.