Bithumb Launches Chuseok ‘Double Up on Profit-Taking’ Event, Offering Up to $370 in Rewards

Bithumb said on Sept. 23 that it is holding a Chuseok event called “Double Up on Profit-Taking,” offering rewards equal to trading profits to new users and existing customers with no recent trading history.

The event began on Sept. 22 and will run for about 50 days through Nov. 10. It is open to new Bithumb members and existing users with no trading history this year.

To participate, users must apply for the event and complete both the purchase and sale of designated virtual assets during the promotional period. They will receive Bithumb Points equal to the profits generated from those trades.

Eligible assets are limited to cryptocurrencies in the “Major” category of Bithumb’s Korean won market. Rewards are capped at $7.40 per day, with a total limit of $370 over the full event period.

Participants must complete know-your-customer, or KYC, verification, link a KB Kookmin Bank account and agree to receive marketing information. Members already participating in other events are not eligible.

Final rewards will be paid in a lump sum in Bithumb Points on Nov. 20. The points can be exchanged for virtual assets on Bithumb.

A Bithumb official said the company created the event to help users build a stable trading experience. Bithumb said it will continue to offer a variety of benefits to support successful trading and foster a healthy investment environment.