Page Summary
In this guide, we go discuss the best crypto exchanges in Thailand. We have identified and evaluated 133 exchanges in 8 different categories. We analyzed all aspects of their service, including trading costs, trading platforms, mobile app availability, deposits & withdrawals, portfolios, support, safety protocols, and liquidity.
Crypto platforms that achieved the highest scoring are below:
Top 5 Crypto Exchanges In Thailand
- Crypto.com – is the best overall crypto exchange. Competitive tools, safe mobile trading app.
- Binance – is the second-best exchange. Well-established cryptocurrency trading platform with large trading volumes and liquidity.
- Coinbase – finished up third as the best crypto trading platform. Great trading platform and low fees.
- Kraken – is in fourth place. Sophisticated trading tools for experienced investors.
- CEX IO – Best automated crypto trading tools. Great assets coverage and crypto margin trading.
Best Crypto Exchanges In Thailand – List
| Exchange | Overall Score | General info | Fees (Maker/Taker) | Spot Volume (BTC) | |
| #1 | Crypto.com | 4.3 | Best overall crypto exchange | 1%/1% | $2,739,612 |
| #2 | Binance | 4.3 | Best crypto trading platform | 1.99%/1.99% | $451,706,550 |
| #3 | Coinbase | 4.4 | Best For Beginners | 1.8%/2.75% | $68,571 |
| #4 | Kraken | 4.5 | Best Altcoin Portfolio | 0.1% /0.1% | $806,899,070 |
| #5 | CEX IO | 4.6 | Most asset classes | 0.16%/0.26% | $53,964,331 |
This section below breaks down the best crypto trading platforms in Thailand, beginning with the best-rated – Crypto.com.
1. Crypto.com – Best Thai Crypto Exchange Overall
Crypto.com is a modern and fast adopting crypto exchange offering access to NFTs, e-wallets, own credit card, staking, investing, and crypto trading. Their trading app is intuitive, easy to use, and available on iOS and Android. Trading fees are competitive across all accounts. With the extra bonuses for holding specific coins, they can compete with the fee structure of industry-leading exchanges. Crypto.com offers access to 250 different crypto coins.
Pros
- Highest security standards
- Great offer of crypto trading instruments
- Very good trading platform
- Very good research and educational tools
- Very good mobile trading application
- Very good wallet
Cons
- Slow customer service
- Very complex fee schedule (if you do not hold Cronos tokens fees are high)
- Difficult to navigate
Key features
- Spot and margin crypto trading
- Crypto payments
- Crypto.com Visa Credit Card
- Staking, crypto loans
- Proprietary Cronos tokens
2. Binance – Best Platform to Buy Cryptocurrency in Thailand
Binance takes the fourth spot as the best platform to buy cryptocurrency in Thailand. High-volume crypto traders will appreciate the high spot trading volumes, a wide range of available coins, low fee structure, and advanced trading tools and order types.
Binance has premium account features, including staking rewards and OTC trading. Traders earn from 1-10% for holding different assets over time. We recommend this crypto exchange for advanced crypto traders who want to trade with lower trading fees and invest in less popular altcoins. We do not recommend Binance for beginner traders.
Pros
- The best daily trading volume for both spot Crypto trading and for Crypto derivatives
- The best choice of different assets to trade
- Great choice of saving and stalking options
- Very competitive trading fees
- Very good trading platform with lots of advanced features
- Easy sign-up process
- Very good choice for mobile trading
- Great deposit and withdrawal options
Cons
- Exchange has been hacked in the past
- Considerable withdrawal fees
- Customer support is sometimes hard to
Key features
- Spot and derivative crypto trading
- P2P (Peer-to-peer) crypto trading available
- Trading platform integrated with tradingview; automated trading available
- Savings, staking, crypto loans, Binance smart pool
- Binance liquid swap
- Binance Visa Card
3. Coinbase – Best Platform For Cryptocurrencies
Coinbase comes in second place as the best exchange for crypto beginners. Their trading platform offers access to over 100 crypto assets, fast trade execution, rewards on trading, and a beginner’s friendly interface. Trading fees are above the industry average.
Coinbase Pro is available for professionals with access to a lower fee structure and advanced tools, including stop-loss orders, advanced charting, and indicators. Users will not find an option to trade futures or to trade on margin accounts.
Customer support is below the industry average.
Pros
- Strong selection of supported digital currencies
- Great trading volume
- Easy to use trading platform
- Great security standards
- Very good deposit and withdrawal options
- Great option for mobile trading
Cons
- No margin trading (Crypto derivatives)
- Customer service is sometimes hard to reach
- Fees are higher than average
- Your account can be closed depending where you send your cryptos
Key features
- Spot crypto trading
- Opportunity to earn cryptocurrencies through crypto learn
- Saving, staking, crypto borrow
- Coinbase Visa Card
- Built their own stable coin (USDC)
4. Kraken – Best Trading Platform for Bitcoin
Kraken is a well-established and the oldest crypto exchange with industry-leading technology. It finished in fifth place as Thailand’s best trading platform for Bitcoin. It is a great choice for advanced crypto investors looking for margin and futures trading options, sufficient trading volume, and low trading costs.
Kraken’s proprietary trading platform allows users to buy and sell digital currencies with the lowest fees in the industry, multiple order types, valuable educational resources, and quick buy features. The mobile version is available on iOS and Android and has all the trading tools from the web version.
High-net-worth clients are the only ones allowed to use the exchange’s consultation and management services.
Pros
- Great offer of different crypto trading instruments
- Very competitive trading fees
- Very good trading platform
- Highest security standards
- Very good trading volumes
- Very good mobile trading application
- Wide range of educational materials
Cons
- Not beginner friendly
- Slow customer support
Key features
- Spot and margin crypto trading
- Crypto earn, staking, crypto bank
- Kraken account management
- Serve corporations, wealth managers, investment funds
5. Cex.io – Best Cryptocurrency Exchange
CEX IO is finishing up our list of the top 6 crypto exchanges for Thai citizens. With more than 90 different crypto asset classes, its advanced trading tools, cross-platform trading, and availability in all MENA countries, it is a great fit for advanced traders.
Cex.io has high trading fees for debit/credit card transactions. Deposits are charged with a 2.99% fee, while withdrawals have a fee of 3%.
All traders receive staking rewards and access to a reliable mobile app enabling them to buy and sell cryptocurrency quickly and inexpensively.
Pros
- Regulated and licensed
- Very good deposit and withdrawal options
- Very good customer support
- Great choice for mobile trading
- Very good Crypto wallet
Cons
- Low security ratings, being hacked previously
- Low trading volumes
- Limited educational content
Key features
- Spot and derivative crypto trading
- Automated trading available
- Provides opportunity to earn cryptos (staking, saving)
- Crypto backed loans are available
- CEX.IO credit card
How To Pick a Crypto Exchange?
The main factors to focus on when choosing a digital exchange include costs, platforms, mobile app availability, deposits & withdrawals, portfolios, support, liquidity, and safety.
Fees: It is best to choose exchanges that don’t charge high fees on trades, overnight commissions, and hidden costs.
Trading platforms: Consider straightforward, intuitive, and fast executing crypto platforms.
Mobile Trading: Mobile trading apps need to provide the same trading tools and functionality as their web versions.
Deposit & Withdrawal: Pick an exchange that has your preferred deposit and withdrawal funding solutions with low or no fees.
Assets: Search for in-depth coverage of different asset classes. Exchanges not providing access to the most popular altcoins should be avoided.
Customer support: Inexperienced traders need to look out for responsive and trustworthy customer support available in their language.
Liquidity: High trading volumes and liquidity guarantee that you will be able to sell your crypto assets.
Security: Focus on regulated exchanges offering proof of funds, penetration tests, and have a clean history of hack attacks. Always verify security features with the exchange security rating agency (CER.live)
*Safety Risks For Thai Citizens
Trustworthy cryptocurrency exchange for Thai citizens is government-regulated and has a trading license. Larger exchanges have a banking history.
Regulation Of Cryptocurrency Exchanges in Thailand
The Securities and Exchange Commission of Thailand oversees cryptocurrencies activity under an Emergency Decree on Digital Business issued in 2018. All digital asset businesses, including exchanges, need to apply for a license, monitor trading activity and are ranked as financial institutions for AML goals. Cryptocurrency exchanges registered in Thailand must comply with the AML standards and be authorized by the Securities and Exchange Commission of Thailand. Authorization is mandatory and requires providers to identify users based on KYC rules, keep records and report suspicious activities. Exchanges that don’t have a license are subject to finance charges and penalties.
Is Cryptocurrency trading legal in Thailand?
Trading cryptocurrency in Thailand is legal. Digital coins are regulated by the Emergency Decree on Digital Business issued in 2018 and associated laws. Cryptocurrency gains are taxed as income and subject to high taxes.
How To Start Trading With – Crypto.com
Crypto.com is a popular digital exchange because of its in-depth asset portfolio, trading tools, and intuitive app. Below are the steps you need to take to trade with Crypto.com.
Step 1: Access the Crypto.com official website
Click on the link to download the Crypto.com app under this link here – https://crypto.com/eea/app.
Step 2: Download the app and click on the “Sign Up”
Download the Crypto.com app on your device and create a new account. Submit your personal email and choose a password.
Step 3: Verify your account
To buy cryptos with Crypto.com, you need to open an account, verify your account, and make a deposit. Crypto.com follows strict rules and account verification is mandatory for all users.
Step 4: Buy cryptocurrencies with Crypto.com
Access the Crypto.com app and click on the asset portfolio. Select your preferred coin and buy, hold and sell fractions of the asset. To own crypto, you don’t need to buy the whole coin.
Conclusion
We recommend Crypto.com as the best crypto exchange for Thai crypto enthusiasts. They offer industry-leading exchange services simultaneously, competitive fees, advanced copy trading tools, a user-friendly app, and a versatile crypto portfolio. Binance comes in second, based on its secure platforms, great support, and tradable assets.
FAQ
What Is A Centralized Cryptocurrency Exchange?
A centralized exchange refers to a private company offering a trading platform for digital assets. These exchanges follow strict rules and request registration and identification under the Know Your Client rule. Some of the popular centralized exchanges are Binance, Kraken, and Coinbase.
What Is A Decentralized Cryptocurrency Exchange?
A decentralized exchange refers to a provider with no central point of control. It functions as a server, and it has each device within the network spread out across the world. If one computer stops working, it doesn’t interfere with the network. Decentralized exchanges don’t follow strict rules under a regulatory body. If you consider using a decentralized exchange, you should consider the risks linked with it.
Is It Legal To Mine Bitcoin In Thailand?
Buying, holding, and mining Bitcoin in Thailand is legal. The country’s regulatory bodies have created policies to guide the activities of both investors and cryptocurrency providers.
Is Cryptocurrency Taxed In Thailand?
Yes, Thailand has different cryptocurrency taxes in place. Many traders and startups are eligible for tax exemptions if they use a centralized cryptocurrency exchange.
Disclaimer
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.