Written in June 2021. Zipmex suspended withdrawals in July 2022, and Thailand's SEC revoked its digital asset licences with effect from 28 May 2024, so it no longer operates here. The article is kept as written.
Interest in trading Bitcoin and cryptocurrency in Thailand grows by the day, with a considerable number of traders entering the market, particularly since the start of 2021. Trading these digital currencies is done through exchanges, of which there are a good many, and traders may well be asking which one to use. Let us get to know some of these Bitcoin and crypto exchanges first.
The most popular Bitcoin and crypto exchanges of 2021
There are a great many Bitcoin and crypto exchanges around now, but if you are looking for one that is trustworthy, choose one certified by the SEC — the Securities and Exchange Commission — as legally permitted to trade digital assets. There are several worth considering.
1. Bitkub
Bitkub is the largest Thai-owned Bitcoin and crypto exchange in Thailand and has been talked about a great deal recently. It was founded in February 2018 and has 31 coins available to trade at the time of writing. Its advantages are that it is in Thai, easy to use, and quick and convenient for deposits and withdrawals. It has a utility token of its own called Bitkub Coin (KUB).
2. Binance
Binance is a global Bitcoin and crypto trading platform that has grown rapidly and is one of the platforms with the largest number of users. It is highly stable, easy to use, and available as both a website and an app, with user support contactable 24 hours a day. The one limitation for Thai users is trading in baht, which is not as convenient as buying, selling or moving money in and out of a bank account on a Thai exchange.
3. Satang Pro
Satang Pro is another Thai-owned Bitcoin and crypto trading platform, known for being easy to use and highly secure. Importantly it has excellent user support features that users can rely on, and 2FA identity verification, which gives confidence in its transparency and security.
4. Zipmex
Zipmex is likewise a Thai-owned Bitcoin and crypto exchange, which has a partnership with the leading car company Renazzo Motor — the sole distributor of luxury cars such as Lamborghini in Thailand — giving coin holders the chance to buy a luxury car using digital currency. Trading Bitcoin and crypto through Zipmex carries no fees and is transparent and dependable, and its assets are insured by one of the largest banks in England. Zipmex also has a token of its own called ZMT, the Zipmex Token.
The Bitcoin and crypto exchanges recommended above are trustworthy and very popular with traders, so if you are looking for somewhere to start trading Bitcoin and crypto, you can begin with any of the ones we have suggested.
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