In the recent cryptocurrency market, Bitcoin, as the lead coin, has been surpassing numerous price milestones in recent months, leading to rising demand for digital assets. According to CoinDesk, there is a huge demand for crypto assets, like USDT (Tether) because investors aim to guard their assets against inflation. And the same case applied in Thailand. Crypto traders in Thailand invest in crypto to avoid currency deflation. That is why many investors are looking to buy USDT in Thailand. Before diving in deep, you may wonder where to trade cryptocurrencies safely.
Cryptocurrency beginners might first look into those popular digital asset exchange platforms like Binance, Coinbase, and Kraken. However, these global leading exchanges might not be the only choice for you. As you may consider investing crypto assets through different regional platforms, depending on which fiat currencies you hold for trading. Jumping back to the core of this guide: to buy USDT in Thailand. You may opt for localized exchange platforms in Thailand, where you can settle your transactions with Thai Baht through local payment channels. Few exchange platforms from the following list are officially regulated by Thailand’s SEC, which limits the risks of trading digital assets with unknown sites. Here are the 5 best cryptocurrency exchange platforms where you can buy USDT in Thailand securely!
Huobi Thailand – The Thailand localized digital assets exchange
Huobi is the world-leading digital assets exchange platform. Last year, they officially launched the Thailand localized exchange. Traders can trade most of the cryptocurrencies, including BTC, ETH, HT, and USDT with Thai Baht. It allows Thai traders to swap between Thai Baht and digital assets through the gateway powered by the Huobi Cloud platform quickly and effortlessly, making crypto assets more accessible to the local community.
Also, the platform operates with a ‘Digital Asset License’ granted by Thailand’s Ministry of Finance. It enables the platform to integrate with the local’s top digital payments systems. Therefore, you can conduct your crypto transaction across the country via different local payment channels, like internet banking, mobile banking, and ATMs.
Satang Pro – Exchange Platform Regulated by Thailand’s SEC
Satang Pro is a cryptocurrency trading platform based in Thailand. It is also the first local exchange that is regulated by the Securities and Exchange Commission (SEC), Thailand. They support instant Thai Baht withdrawal and deposit, that traders can deposit, withdraw or trade popular systems on the platform.
But note that, Stang Pro only offers wire transfer as a deposit method, which is the downside for whoever uses credit cards to deposit money to the platform. If you hold a local bank account, transactions only take up to 24 hours to proceed. And crypto deposits take a lot quicker to proceed, it normally takes around 1-2 hours.
Bitkub – Exchange platform audited by the Thai Ministry of Finance
Bitkub is another Thailand’s digital assets exchange platform besides Satang Pro. It is a new generation digital asset exchange platform based in Bangkok, Thailand, providing advanced cryptocurrency exchange services. Again, it is another licensed exchange company that is regulated by the SEC, which holds a registered capital of 50 million baht. Baht/crypto pairing trading starts as low as 10 Baht on the platform. It welcomes crypto traders around the world, as long as you are here to trade coins with Thailand Baht.
Crypto beginners may struggle with the problem of not knowing if the exchange platform is legitimate. Then you may consider investing here. Bitkub works under Thailand’s SEC regulation and fully audited by the Thai Ministry of Finance.
Zipmex – Centralized Digital Assets Exchange Based in Singapore and Thailand
Zipmez is a centralized digital assets exchange based in Singapore and Thailand, which got its headquarter in Singapore. It is also one of the exchanges in Thailand that received a Digital Assets Exchange License from SEC, Thailand. No minimum or maximum deposit amount is required. Users can withdraw and deposit their assets anytime and anywhere without a fixed term.
Also, as the platform said, users can earn interest or payouts from your digital assets. For example, earn 10.5% interest on US dollar stable coin (USDT) and up to 5% on crypto daily using the platform. Your interest will be based on the available balance on a particular asset each day.
USDT Pro – The Only USDT OTC Specialist with High Liquidity
USDT PRO is a leading USDT exchange supporting multiple fiat currencies, including USD, RMB and HKD deposits, and withdrawals. The platform is trusted by well-known financial institutes allowing USDT PRO to become one of the largest digital asset exchanges in Asia.
USDT PRO offers conversion between fiat to Tether instantly. Flexible settlements are offered including cash settlement, bank transfer, and online transfer. Since USDT Pro is specializing the exchange between multiple fiat currencies and Tether, it provides the best conversion rate in Hong Kong.
If you are looking to exchange between Thailand Baht and Tether, the above digital assets exchange platform might be your go-to choices!
USDT has a lower investment risk compared to cryptos like BTC or ETH, but it does contain a certain level of risk like every investment. You should always evaluate the associated risk level before investing in any of the investment options!