In a strategic move that marks a significant milestone in its Asian expansion, WOO X Global has officially integrated with Bithumb, South Korea’s second-largest cryptocurrency exchange. This integration follows WOO’s recent compliance approval from CODE (Connect Digital Exchanges), reinforcing its commitment to regulatory alignment and seamless cross-border digital asset transfers.
With over 8 million users and a cumulative trading volume surpassing $1 trillion, Bithumb stands as a dominant player in the Korean crypto market. Its adoption of the CODE Travel Rule solution network—a consortium led by Korea’s top three exchanges including Coinone and Korbit—ensures compliance with international anti-money laundering (AML) standards set by the Financial Action Task Force (FATF).
👉 Discover how global crypto platforms are achieving compliance while enabling frictionless trading.
Understanding the CODE Network and Travel Rule Compliance
The Travel Rule, as defined by the FATF, mandates that virtual asset service providers (VASPs), including cryptocurrency exchanges, share specific customer information during fund transfers above certain thresholds. This includes details such as the sender’s and recipient’s names and wallet addresses.
In South Korea, enforcement of the Travel Rule is governed by the Special Financial Transaction Information Act, revised in March 2021. Under this law, all domestic crypto exchanges must implement a compliant solution for transactions equal to or exceeding 1 million KRW (approximately $745 USD).
By joining the CODE network, which now includes Bithumb and more than 20 other licensed exchanges, WOO X Global enables fully compliant, zero-friction deposits and withdrawals between integrated platforms. This not only streamlines user experience but also strengthens institutional trust in cross-border crypto transactions.
This integration positions WOO X Global at the forefront of regulated, interoperable exchange infrastructure—offering traders fast, secure, and legally sound access to one of Asia’s most active markets.
Seamless Cross-Exchange Functionality for Users
Thanks to the Bithumb-CODE-WOO ecosystem alignment, users can now enjoy:
- Real-time, compliant fund transfers between WOO X Global and Bithumb
- Faster settlement times without intermediary delays
- Enhanced security through standardized identity verification protocols
- Greater liquidity access across both platforms
These benefits are particularly valuable for active traders and institutional investors seeking efficient entry and exit points within the Korean market, which remains one of the most sophisticated and high-volume crypto economies in the world.
👉 Explore next-gen trading platforms combining compliance with high-speed execution.
Frequently Asked Questions (FAQ)
Q: What is the significance of WOO X Global integrating with Bithumb?
A: The integration allows users to transfer funds seamlessly and compliantly between WOO X Global and Bithumb, leveraging the CODE Travel Rule network. It enhances market access, improves liquidity flow, and supports regulatory compliance across borders.
Q: Is this integration available to all users globally?
A: Access depends on regional availability of WOO X Global services. The integration is operational for users in jurisdictions where WOO X Global is authorized to operate. Always check local regulations before initiating transactions.
Q: How does the Travel Rule affect my crypto transactions?
A: For transfers exceeding 1 million KRW (~$745), exchanges like Bithumb are required to collect and transmit personal information (name, wallet address) of both sender and recipient. This ensures transparency and helps prevent illicit financial activity.
Q: Do I need to do anything differently when transferring funds?
A: No extra steps are needed on your part if you're using a CODE-compliant platform. The required data is automatically shared between exchanges during eligible transfers, ensuring compliance without disrupting user experience.
Q: Why is CODE important for crypto exchanges in South Korea?
A: CODE provides a unified, standardized solution for Travel Rule compliance. By adopting it, exchanges meet regulatory requirements efficiently while maintaining interoperability with other major Korean and international platforms.
Limited-Time Zero-Fee Trading Promotion
To celebrate Bithumb’s 10th anniversary, a special zero-fee trading promotion is currently live for eligible users. This limited-time offer allows traders to execute transactions on all KRW and BTC trading pairs without incurring any fees—a rare opportunity to maximize returns during high-volatility periods.
How to Apply for Zero-Fee Trading
Follow these simple steps to unlock fee-free trading:
- Log In: Visit the Bithumb platform and sign into your account.
- Go to Customer Support: Click on “More” in the menu, then select “Customer Center.”
- Select Zero-Fee Application: On the support page, find and click the “Zero-Fee Application” option.
- Enter Promo Code: Input the code
FREE-10THto activate the benefit. - Submit Request: Click the apply button after entering the code to complete registration.
This promotion underscores Bithumb’s commitment to user empowerment and aligns with WOO’s mission to reduce friction in global crypto trading.
👉 Take advantage of zero-fee opportunities on compliant, high-performance trading platforms.
Strategic Implications for the Future of Crypto in Asia
The integration of WOO X Global with Bithumb via the CODE network sets a precedent for how decentralized finance can coexist with regulatory frameworks. As governments worldwide push for greater oversight, solutions like CODE demonstrate that compliance doesn’t have to come at the cost of innovation or speed.
For traders, this means:
- Increased confidence in platform legitimacy
- Easier navigation of complex regulatory environments
- Broader access to international markets through trusted gateways
Moreover, this collaboration highlights the growing importance of interoperability standards in blockchain ecosystems. As more exchanges adopt common protocols like those enforced by CODE, we move closer to a truly interconnected global financial system—one where digital assets flow as freely and securely as traditional currencies.
Final Thoughts
The WOO X Global and Bithumb integration represents more than just a technical upgrade—it’s a forward-looking step toward a compliant, unified, and user-centric crypto economy. By aligning with Korea’s rigorous regulatory standards through CODE, WOO reinforces its position as a leader in secure, scalable exchange infrastructure.
Whether you're an individual trader or an institutional participant, this development opens new doors for efficient, transparent, and legally sound digital asset management across Asia and beyond.
Note: This article has been translated into multiple languages and distributed across various platforms. In case of discrepancies due to translation, the English version on official websites shall prevail.
Disclaimer: The information provided herein is for general informational purposes only and does not constitute financial advice, investment recommendations, or an offer to buy or sell any product or service. Readers should conduct their own research and consult professional advisors before making any decisions.