Bitkub Thailand: The Best Exchange To Buy And Sell Crypto In Thailand
Bitkub is the best exchange to buy and sell crypto in Thailand. In this article: what is Bitkub, how it works, how many cryptocurrencies you can buy, the Kub coin (KUB), reviews and opinions.
What is Bitkub
Bitkub.com is the largest cryptocurrency exchange in Thailand in terms of volume and traffic. Bitkub was launched in February 2018, closing the largest investment round in the history of Thai startups.
Bitkub is one of the currently operating exchanges that has been officially licensed by the Thai government. After receiving the official license, the exchange was also the first to launch a mobile trading app to buy and sell cryptocurrencies in Thailand.
How Bitkub Works
Bitkub works like any other cryptocurrency exchange where it is possible to buy digital coins and sell them.
It follows the same characteristics of Binance or Coinbase. It has its own website and its own phone app. Registering an account is simple (although some users complain of a too long waiting time for the account verification) and after verifying the account it will be possible to deposit money in Thai Baht and start buying cryptocurrencies on the exchange.
Currently Bitkub can be used in Thailand and in ASEAN countries, after verifying the account via passport or local identity card.
How Many Cryptocurrencies Can You Buy On Bitkub
With more than 30 cryptocurrencies listed, Bitkub offers traders a few different choices depending on their personal needs and risk acceptance rate.
In addition to major coins such as Bitcoin, Bitcoin Cash SV or Ethereum, Bitkub also trades many other cryptocurrencies such as OmiseGO Coin, Wanchain, Stellar (XML), Litecoin, Zilliqa etc.
Kub Coin (KUB): The Official Bitkub Cryptocurrency
The Kub Coin (KUB) is the official cryptocurrency of the Bitkub exchange. Like Binance, Bitkub also offers advantages on staking and holding KUBs in its digital wallets (wallets). Thanks to the advent of Bitkub Next, KUB coin holders can earn interest.
By following the official Bitkub Twitter channel, you can follow interesting news on the exchange and on the future value that the Kub Coin could acquire.
To see the current value of the KUB you can access this page.
Bitkub Trading View Platform
Different exchanges have different trading views. And there is no "this overview is the best" view. You should determine for yourself which trading view suits you best. What trading opinions normally have in common is that they show all the order book or at least part of the order book, a price chart of the chosen cryptocurrency and the order history. They also usually have buy and sell-boxes. Before choosing an exchange, try to take a look at the trading view so you can make sure that it looks right to you. Below is an image of the Bitkub trading view:
Reviews and Opinions
The two main exchanges in Thailand are Bitkub and Binance. Given some regulations, Binance is being overshadowed, despite the myriad more financial instruments it has compared to Bitkub. On the other hand, it is much easier to deposit money and buy cryptocurrencies on Bitkub. Commonly used in Thailand is to open an account on Bitkub to deposit money and then use more advanced tools on Binance.
Despite the limitation of tools and cryptocurrencies, Bitkun has very positive reviews and opinions. It is a very trusted exchange and the founder is known throughout the country for being a young and brilliant person, who has been able to take his exchange to very high and competitive levels.
Recently, Bitkub is following in Binance's footsteps and intends to offer cryptocurrency staking bonuses just like large exchanges like Binance, Coinbase or Crypto.com do.