How To Manage Trading Bitcoin In Thailand And Its Available Exchanges
It’s legal to trade crypto in Thailand and exchange it for real money as well. You just need to make sure that you’re using one of the verified exchanges. Keep reading to find out what those websites are.
The disadvantage is that there are currently only 6 accepted exchanges that citizens of Thailand can use for cryptocurrency speculation. Nevertheless, the number is bound to become higher as the SEC is verifying new exchanges every year.
Policies regarding cryptocurrency in Thailand
It’s legal to trade Bitcoin and other cryptocurrencies in Thailand. The government recognizes it. For an exchange to be operating in the country, the Securities and Exchange Commission or SEC has to approve of it.
As of this moment, 6 exchanges have already been approved by it and those are Bitkub, BX, Satang Pro, Huobi Thailand, ERX, and Zipmex. Any of these exchanges are legal to use for investing, or trading virtual currency.
Great exchanges to use in Thailand
There are currently 6 possible exchanges to use for Thailand citizens and they’re all mentioned above. However, when choosing the best one, what comes to mind is Zipmex. It has zero commissions on trades, great prices, and a user-friendly interface.
Furthermore, you can ask the support questions whenever you want to. Besides, your investments are all protected by several security measures such as the SSL and other technologies.