Coins: 14,768
Exchanges: 1,129
Market Cap: $2.524T 1.2%
24h Vol: $87.119B
Gas: 5 GWEI
Go Ad-free
Tutorials
TABLE OF CONTENTS

How To Buy Bitcoin in Thailand

Tam Xueh Wei -

Next in our series of how to buy bitcoin in Asia, we will now look at the ecosystem in Thailand. The Bitcoin ecosystem is very vibrant with very convenient deposit payment options. 

1. Bitkub

Bitkub is one of Thailand's leading cryptocurrency exchange. It was established in February 2018 and has a paid up capital of 50 million Thai Baht (~ USD1.5 million). It is operated by the Bitkub Capital Group Holdings out of Bangkok.

Bitkub trades 10 coins with Thai Baht (THB) pairings and is rapidly adding more. It charges 0.25% fees on all trades. It has a 20 THB withdrawal fee for K-Bank and 20-200 THB withdrawal fee for other banks. Bitkub provides 24/7 customer support and allows THB deposit and cash out through bank transfer at Kasikorn bank (KBANK), Siam Commercial Bank (SCB), Bangkok Bank (BBL), and Krungsri Bank (BAY). 

Bitkub Capital Group Holdings has 4 distinct branches - Bitkub exchange, Bitkub Blockchain and ICO consulting, Bitkub Academy, and Bitkub Capital. 

Bitkub envisions a world where everything that can be digitized, will be digitized. Their goal is to only to bank the unbanked but also to unbank the banked by digitizing and creating better transaction networks for the world.

2. Bx.in.th

Bx.in.th is operated by Bitcoin Co. Ltd., a Thai registered company since 2013. The company charges a fee of 0.25% per trade. Besides Bitcoin-Thai Baht exchanges, Bx.in.th also trades various altcoins such as Litecoin, Dogecoin, Stellar and so on. At one point, bx.in.th held a high trading volume for Stellar after Justcoin announced their shutdown.

Bx.in.th provides proof of funds held by the exchange by listing all the addresses that have unspent inputs. Users may request the exchange operator to sign a message for each address to proof that the addresses are indeed within the exchange's control.

Bx.in.th allows deposits from several Thai banks such as Bangkok Bank, The Siam Commercial Bank, TMB Bank, Krungthai Bank, Kasikornbank and Krungsi Bank.

3. Coins.co.th

Coins.co.th is a branch of Philippines Bitcoin company Coins.ph. The Bitcoin exchange allows people to buy, sell and accept bitcoin, including those who don’t own credit cards or bank accounts. Founded in 2014, the team behind this company consists of Ron Hose, Runar Petursson and Topp Srupsrisopa.

Coins.co.th stands out as they have a convenient Bitcoin-to-fiat-currency option. This can be done with the help of Krungthai Bank’s ATMs that have a feature of withdrawing funds without owning a bank card. All one needs is a Thai mobile phone number to receive references for the authentication procedure.

CEO, Ron Hose explained that they recognise the lack of functional services in developing countries, thus there is a demand for Bitcoin, which is a lower barrier alternative to traditional banking. Coins.co.th aims to be the main platform for markets with low bank penetration.

4. Localbitcoins.com

Localbitcoins is another option for users to buy bitcoin by meeting the person face-to-face or doing a trade online. Do express caution when trading on localbitcoins and only trade with those with good reviews. Using this option usually entail a higher level of risk compared to using the services of a reputable Bitcoin exchange company.
 
 
CoinGecko's Content Editorial Guidelines
CoinGecko’s content aims to demystify the crypto industry. While certain posts you see may be sponsored, we strive to uphold the highest standards of editorial quality and integrity, and do not publish any content that has not been vetted by our editors.
Learn more
Want to be the first to know about upcoming airdrops?
Subscribe to the CoinGecko Daily Newsletter!
Join 600,000+ crypto enthusiasts, traders, and degens in getting the latest crypto news, articles, videos, and reports by subscribing to our FREE newsletter.
Tell us how much you like this article!
Vote count: 1
Tam Xueh Wei
Tam Xueh Wei
Xueh Wei is a freelance writer that’s enthusiastic for adventures and the space beyond comfort zones. She's always on the look out for the next thing to eat, do, and love. Follow the author on Twitter @punkbelina

More Articles

Select Currency
Suggested Currencies
USD
US Dollar
IDR
Indonesian Rupiah
TWD
New Taiwan Dollar
EUR
Euro
KRW
South Korean Won
JPY
Japanese Yen
RUB
Russian Ruble
CNY
Chinese Yuan
Fiat Currencies
AED
United Arab Emirates Dirham
ARS
Argentine Peso
AUD
Australian Dollar
BDT
Bangladeshi Taka
BHD
Bahraini Dinar
BMD
Bermudian Dollar
BRL
Brazil Real
CAD
Canadian Dollar
CHF
Swiss Franc
CLP
Chilean Peso
CZK
Czech Koruna
DKK
Danish Krone
GBP
British Pound Sterling
GEL
Georgian Lari
HKD
Hong Kong Dollar
HUF
Hungarian Forint
ILS
Israeli New Shekel
INR
Indian Rupee
KWD
Kuwaiti Dinar
LKR
Sri Lankan Rupee
MMK
Burmese Kyat
MXN
Mexican Peso
MYR
Malaysian Ringgit
NGN
Nigerian Naira
NOK
Norwegian Krone
NZD
New Zealand Dollar
PHP
Philippine Peso
PKR
Pakistani Rupee
PLN
Polish Zloty
SAR
Saudi Riyal
SEK
Swedish Krona
SGD
Singapore Dollar
THB
Thai Baht
TRY
Turkish Lira
UAH
Ukrainian hryvnia
VEF
Venezuelan bolívar fuerte
VND
Vietnamese đồng
ZAR
South African Rand
XDR
IMF Special Drawing Rights
Cryptocurrencies
BTC
Bitcoin
ETH
Ether
LTC
Litecoin
BCH
Bitcoin Cash
BNB
Binance Coin
EOS
EOS
XRP
XRP
XLM
Lumens
LINK
Chainlink
DOT
Polkadot
YFI
Yearn.finance
Bitcoin Units
BITS
Bits
SATS
Satoshi
Commodities
XAG
Silver - Troy Ounce
XAU
Gold - Troy Ounce
Select Language
Popular Languages
EN
English
RU
Русский
DE
Deutsch
PL
język polski
ES
Español
VI
Tiếng việt
FR
Français
PT
Português
All Languages
AR
العربية
BG
български
CS
čeština
DA
dansk
EL
Ελληνικά
FI
suomen kieli
HE
עִבְרִית
HI
हिंदी
HR
hrvatski
HU
Magyar nyelv
ID
Bahasa Indonesia
IT
Italiano
JA
日本語
KO
한국어
LT
lietuvių kalba
NL
Nederlands
NO
norsk
RO
Limba română
SK
slovenský jazyk
SL
slovenski jezik
SV
Svenska
TH
ภาษาไทย
TR
Türkçe
UK
украї́нська мо́ва
ZH
简体中文
ZH-TW
繁體中文
Login to track your favorite coin easily 🚀
By continuing, you agree to CoinGecko Terms of Service and acknowledge you’ve read our Privacy Policy
or
Forgot your password?
Didn't receive confirmation instructions?
Resend confirmation instructions
IT'S FREE! Track your favorite coin easily with CoinGecko 🚀
By continuing, you agree to CoinGecko Terms of Service and acknowledge you’ve read our Privacy Policy
or
Password must contain at least 8 characters including 1 uppercase letter, 1 lowercase letter, 1 number, and 1 special character
Didn't receive confirmation instructions?
Resend confirmation instructions
Forgot your password?
You will receive an email with instructions on how to reset your password in a few minutes.
Resend confirmation instructions
You will receive an email with instructions for how to confirm your email address in a few minutes.
Get the CoinGecko app.
Scan this QR code to download the app now App QR Code Or check it out in the app stores
coingecko
Continue in app
Track prices in real-time
Open App