Intro: Seeking the best crypto exchanges in Thailand? Look no further! Learn about the top platforms and compare their fees, features, security, customer support options, and more. Our team has meticulously researched the best crypto exchanges across Asia to identify Thailand’s top 5 standout platforms.
Summary of 5 Best Crypto Exchanges in Thailand
Experts advise opting for exchanges regulated by the Thai Securities and Exchange Commission (SEC) to purchase and trade Bitcoin and other cryptocurrencies. By utilizing bank transfers, PromptPay, True Money, or credit cards to deposit Thai Baht (THB), individuals can legally buy, stake, and trade digital assets.
For those embarking on their crypto ventures in Thailand, we’ve assessed the top 5 trading platforms prevalent in the region:
- Bybit – Best Overall Crypto Exchange in Thailand
- OKX – Best Alternative Crypto Exchange
- Gate.io – Best Thai Exchange for Altcoins
- Bitkub – Best Thai-based Exchange
- Binance – Best Global Trading Platform
Exchange | # of Cryptos | Trading Fees | THB Deposit Methods | Key Features |
Bybit | 930+ | 0.1% | Bank transfer, debit/credit card, True Money, more | Derivatives, staking, lending |
OKX | 300+ | 0.1% | Bank transfer, debit/credit card | Options, OKX wallet, DeFi |
Gate.io | 1,700+ | 0.1% maker / 0.2% taker | Bank transfer, debit/credit card, Apple/Google Pay | Widest altcoin variety, futures, options |
Bitkub | 100+ | 0.25% | Bank transfer only | SEC licensed, rewards program |
Binance | 300+ | 0.1% | Bank transfer, debit/credit card | Staking, futures, options |
Bybit Overview
Rated as the premier crypto exchange in Thailand, Bybit is renowned for its deep understanding of local investor needs, diverse deposit options, and robust trading features tailored to the Thai market.
Best features:
- 930+ cryptocurrencies available for spot, futures and options trading
- Competitive 0.1% trading fees
- Supports THB deposits via bank transfer, debit/credit card, True Money, K Bank and more
- Regulated globally with proof of reserves showing user funds are secure
- 24/7 customer support in Thai and English
Why we like it: Bybit stands out for its commitment to the Thai market, offering an extensive selection of coins, advanced trading products, and localized payment and support options. Its global licensing and reserve audits provide strong security.
Key Metrics:
- 930+ supported cryptocurrencies
- 0.1% spot trading fees
- 0.01% maker / 0.06% taker fees for derivatives
- Supports 7+ local Thai Baht deposit methods
- Operates in 180+ countries
- 24/7 customer support in Thai and English
- Regulated globally with proof-of-reserves
- Up to 25x leverage trading
- Offers spot, derivatives, staking, lending and more
OKX Overview
OKX is a prominent Hong Kong-based exchange serving over 10 million global users. It provides Thai investors with a competitive selection of 300+ coins, advanced trading features, and up to 5% APY on stablecoin staking.
Best features:
- Large selection of 300+ cryptocurrencies for spot trading and 200+ for staking
- Low 0.1% trading fees and tight spreads
- Supports THB deposits via bank transfer, debit/credit card
- Advanced features like futures, options and NFT marketplace
- Up to 5% APY stablecoin staking
- Credible exchange known for partnerships with Manchester City, McLaren Racing
Why we like it: OKX offers a strong balance of diverse assets, low fees, and innovative products like high-yield staking. Its brand partnerships boost credibility.
Key Metrics:
- 300+ supported cryptocurrencies
- 0.1% spot trading fees
- 0.1% withdrawal fees
- Offers spot, margin, futures, options, staking
- 10M+ global users
- $5B+ 24h trading volume
- Partners with Manchester City, McLaren Racing
- Engaging NFT marketplace
- OKX crypto wallet with DeFi integrations
- Multiple proof-of-reserve audits
Gate.io Overview
Gate.io ranks as the third best Thai crypto exchange, standing out for its massive selection of over 1,700 cryptocurrencies. With $5B+ in daily volume and 12M+ global users, it’s a top choice for altcoin enthusiasts and traders seeking unique opportunities.
Best features:
- Extensive selection of 1,700+ cryptocurrencies, best in Thailand for altcoins
- Low trading fees starting at 0.1% maker / 0.2% taker
- Supports multiple THB deposit methods including bank transfer, debit/credit cards
- Advanced features like trading bots, startup investing opportunities
- Trading events and contests tailored for Thai market
- $5B+ 24h trading volume and 12M+ global users
Why we like it: Gate.io is unmatched in Thailand for its vast altcoin selection. Low fees, advanced trading tools, and unique investing events further distinguish it.
Key Metrics:
- 1,700+ supported cryptocurrencies
- 0.1% maker / 0.2% taker trading fees
- $5B+ 24h trading volume
- 12M+ global users
- Offers spot, margin, futures, options, staking
- Trading bots and quant tools
- Startup investing opportunities
- Regular trading competitions and events
- Accessible in Thailand with local language support
- Established in 2017
Bitkub Overview
Based in Bangkok, Bitkub reigns as Thailand’s leading local exchange. Licensed by the Thai SEC, it provides unmatched credibility along with an impressive selection of 100 cryptocurrencies and strong security measures.
Best features:
- Thailand’s #1 local exchange, licensed by Thai SEC
- Offers spot trading for 100 cryptocurrencies
- Bank transfer support for easy THB deposits and withdrawals
- Robust security with 2FA, cold wallet storage
- Loyalty rewards program for fee discounts
- 24/7 local customer support
Why we like it: As a SEC-licensed local exchange, Bitkub provides the strongest regulatory compliance and security for Thai investors. Its coin selection and loyalty rewards are also attractive.
Key Metrics:
- 100+ supported cryptocurrencies
- 0.25% trading fees
- THB deposits via bank transfer
- THB withdrawals for 20-200 baht fee
- Crypto withdrawals for nominal fees
- Licensed by Thai SEC
- Employs cold wallet storage, 2FA security
- 24/7 customer support
- Tiered loyalty fee discounts
Binance Overview
The world’s biggest exchange, Binance offers unrivaled liquidity and a comprehensive suite of trading products. Thai investors can access 300+ cryptocurrencies, plus futures, staking, the Binance DEX, and more.
Best features:
- Global selection of 300+ coins for spot trading and 100+ for staking
- Industry-low 0.1% trading fees
- Supports THB deposits via bank transfer and debit/credit card
- Advanced products like futures, margin, staking, Binance DEX
- Extremely liquid orderbooks ensure easy execution of large trades
- 24/7 customer support in Thai and English
Why we like it: Binance brings together the best global liquidity, trading products, and fees. While not SEC licensed, it remains available and popular in Thailand.
Key Metrics:
- 300+ supported cryptocurrencies
- 0.1% spot trading fees
- 0.02% maker / 0.06% taker fees for futures
- 0.5-4% deposit/withdrawal fees
- 120M+ global users
- 100+ supported countries
- Offers spot, futures, margin, options, staking, Binance DEX
- Extremely deep liquidity
- Regular trading competitions
- SAFU secure asset fund protecting users
- Binance Academy educational resources
How to Purchase Cryptocurrencies in Thailand:
- Select a reliable Thai SEC-approved exchange like Bybit
- Register with your email, set a strong password, complete KYC checks
- Deposit THB via bank transfer, PromptPay, credit/debit card, True Money, or other supported method
- Select your desired cryptocurrency and quantity, then confirm the purchase
- Withdraw the crypto to your own secure wallet for safekeeping
Legality and Regulation of Crypto Investing in Thailand
Thailand has taken a proactive yet cautious approach to cryptocurrency. While legal, crypto is regulated by the Thai SEC which licenses compliant exchanges. The government sees potential in blockchain technology but wants to protect investors and prevent misuse. Thailand isn’t alone in building a secure framework for crypto. In the Middle East, the best crypto exchanges in Qatar also operate under clear oversight.
Is Crypto legal in Thailand?
Yes, cryptocurrency is legal in Thailand and overseen by the Thai SEC and the Ministry of Finance. Exchanges must comply with licensing requirements focused on consumer protection and financial stability. Thailand is exploring CBDCs, highlighting an open but controlled stance on crypto.
How is Crypto taxed in Thailand?
Cryptocurrency is subject to capital gains taxes and VAT in Thailand. Gains from selling or using crypto are taxable income, with a 15% withholding tax on digital asset income. However, transactions on licensed Thai exchanges and BOT-issued digital currencies are tax-exempt.
Conclusion
Thailand offers crypto investors a diverse and well-regulated market. Exchanges like Bybit, OKX, Gate.io, Bitkub, and Binance each provide distinct benefits, from local licensing to global liquidity. With strong consumer protections from the SEC and new tax exemptions, Thailand is building a secure environment for the digital asset class to thrive.
FAQs
What is the best overall crypto exchange in Thailand?
Bybit is our top pick for the best overall Thai crypto exchange. It combines an excellent selection of 930+ coins, low 0.1% fees, advanced derivatives, and diverse payment options tailored for Thai investors.
Which Thai crypto exchange has the most coins?
Gate.io offers the widest selection of cryptocurrencies in Thailand, listing over 1,700 assets. It’s the best choice for traders looking to invest in new and smaller-cap altcoins.
How can I deposit Thai Baht (THB) to a crypto exchange?
Most leading Thai exchanges support multiple THB deposit methods. These include local bank transfers, PromptPay, debit and credit cards, and e-wallets like True Money.