Trading Cryptocurrency in Thailand with Bitkub

Table of Contents

Join our community

Estimated reading time: 0 minutes

Trading Cryptocurrency in Thailand with Bitkub

Bitkub is the largest cryptocurrency exchange in Thailand, with over 97% market share. If you want to trade crypto in Thailand, Bitkub is a good option. While some are concerned about Bitkub, the exchange is easy to use for trading crypto in Thailand. We will take a closer look at this Thai Exchange.

Which Coins are Available on Bitkub?

Bitkub offers major cryptocurrencies like Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and others. While some are not interested in the lower market cap coins, others may find them appealing. Bitkub offers over 30 cryptocurrencies including Bitcoin, Ethereum, Ripple, Litecoin and others. Many of the altcoins are similar to those offered on other major exchanges.

Bitkub Coins

Trading on Bitkub

The process of trading on Bitkub is simple. You can log in via the Bitkub website or app. The interface is very similar to Binance, with market prices, portfolio, order history and order forms. You can view candlestick charts to analyze the market and place buy or sell orders for coins.

Experience with Trading on Bitkub

While some used to trade frequently on Bitkub 3 years ago, making profits, some have then decided to just hold a few coins for the long term. We appreciate how simple and fast Bitkub is to use. But we mention the volatility in the crypto markets that wiped out previous trading profits.

Concerns with Bitkub’s Reliability

Though Bitkub is easy to use, there are still concerns about its reliability. After experiencing server issues and 3-day outages in January 2021, we still worry about possibly losing the $3,000 worth of coins on the exchange. As well as concerns with Bitkub regarding the regulatory environment for crypto exchanges in Thailand. Previously, exchanges like BX were suddenly banned by the government, though Bitkub is currently legal.

Conclusion

In summary, while Bitkub has experienced some growing pains, a lot of people still appreciate its simplicity. However, we recommend withdrawing some coins to an external wallet for added peace of mind. With proper risk management, Bitkub could be a good option for crypto users in Thailand.

Crypto_Library_logo_512x512_svg

Disclaimer: Trading and investing in cryptocurrencies (also called digital or virtual currencies, altcoins) involves a substantial risk of loss and is not suitable for every investor. You are solely responsible for the risk and financial resources you use to trade crypto. The content on this website is primarily for informational purposes and does not constitute financial advice.

Are you ready to take your trading skills to the next level?

"Trade Like a PEPE" is the ultimate course that will transform you into a confident and profitable trader! 📈

🐸 Transform into a confident and profitable trader

📈 Master technical analysis, risk management, and market psychology to navigate the crypto markets like a pro.

🔍 Develop a proven trading plan and spot high-probability setups.

Safe your spot!