Bithumb’s revenue and profit in the first three quarters fell by 63.7% and 76.2% year-on-year

Cryptocurrency exchange Bithumb released its third-quarter performance report. According to the report, Bithumb's third-quarter revenue was 69 billion won (about 52.23 million U.S. dollars), compared with the previous quarter's revenue of about 80 billion won (about 60.56 million U.S. dollars). down 13.7%. Operating profit for the third quarter was 28.8 billion won (about 21.8 million U.S. dollars), and net profit was 32.6 billion won (about 24.68 million U.S. dollars). In addition, Bithumb’s cumulative sales as of the third quarter were 273.7 billion won, down 63.7% from 753.7 billion won in the same period last year, and its cumulative operating profit was 151.7 billion won, down 76.2% from 637.7 billion won in the same period last year.