Written in September 2019, when bx.in.th announced its closure. Of the wallets recommended below, KeepKey and the Digital Bitbox have since been discontinued by their manufacturers. The article is kept as written.

This is news nobody expected to see, myself included.

A lot of people will be bewildered and unsure what to do next — where to keep their digital assets, and where else they can trade. Here are the answers.

  • For storing digital assets, we naturally recommend a hardware wallet: a Ledger, Trezor, KeepKey or Digital Bitbox. They are highly secure, and the funds kept on them are definitively yours. Whichever site closes, collapses, or is ordered shut by a government, nobody can take those funds away from you.
  • Using a phone app is possible too, but we do not recommend it, because the security is lower than a hardware wallet — our phones are connected to the internet, which creates the opportunity to be hacked online.

For anyone wanting to trade peer to peer, I recommend Bitkub. You can register today.

If you have further questions you can reach us at order@siambc.com.

Latest Stories

View all

Foreign tourist paying with Thai QR after converting digital assets to baht

Thailand opens crypto-funded QR payments to tourists with WORPT

WORPT lets eligible foreign tourists convert USDT and USDC into Thai baht and pay merchants through Thai QR under the TouristDigiPay sandbox.

Read moreabout Thailand opens crypto-funded QR payments to tourists with WORPT

Trezor Safe 5 on a SIAMBC blue security background

Trezor confirms three implanted Safe 5 devices and rolls out firmware defence

Trezor has confirmed hardware implants in three Safe 5 devices supplied by CryptoBilis and released firmware 2.13.1 to block the implant batch it analysed.

Read moreabout Trezor confirms three implanted Safe 5 devices and rolls out firmware defence

Trezor Safe 5, Ledger Stax and OneKey Neo hardware wallets on a SIAMBC blue background

Are hardware wallets ever 100% secure? What Ledger’s CEO warning really means

What hardware wallets protect—and how recovery-phrase theft, phishing, address substitution, malicious approvals and supply-chain weaknesses can still cause losses.

Read moreabout Are hardware wallets ever 100% secure? What Ledger’s CEO warning really means