bithumb

Frequently asked questions

1. 1What is the deposit service?
   This is an interest accruing product where the user may receive stable interest payments in the form of virtual assets by entrusting the user's virtual assets with the deposit service provider.
2. 2Are there any application restictions when applying for the deposit service?
   You can participate in any number of service requests, but the minimum/maximum participation limit is set for each deposit them.
   The minimum/maximum limit can be checked through the application page of the deposit product.
   in addition, if the target deposit quantity is achieved, it will be closed on a first-come, first-serve basis.
3. 3Is it possible to trade virtual assets entrusted to the deposit service?
   Since the deposited digital assets are stored with the service provider until the end of the deposit term, the underlying assets cannot be traded while they are held for deposit.
4. 4What happens to the virtual assets which were deposited for the deposit service?
   The virtual assets are immediately transferred to the deposit service proivder upon completion of the request.
5. 5Is it possible to cancel the service in the middle of the deposit term?
   Upon completion of the request confirmation, it is impossible to terminate the service, so please apply carefully.
6. 6Is the deposited virtual asset safe?
   Deposited assets for deposit services are stored securely at Bithumb.
7. 7What happens when the deposit term ends?
   When the deposit terms ends, users will receive the initial deposit and interest the following day.
   The settlement amount is settled, in sequence, by 17:00
8. 8Where can i check my deposit history?
   You can check the deposit service details at the "Details tab".
9. 9Can i know the final quantity paid at the end of the deposit service?
   You can check the estimated final payout at the end of the "details tab".
10. 10How is deposit interest calculated?
    The interest calculation formula is :
    [Calculation formula] Requested Deposit Quantity X Interest Rate X Deposit Days / 365
    **The applicable interest accrual days is the number of days in the deposit term and does not include the recruitment period.