bx.in.th alternative

[Tayaout]

I'm saddened to learn that bx.in.th is shutting down. I've been using them for about 5 years. 

 

Is there any other stock exchange style website that is available in Thailand? 

[ukrules]

Wow, this was unexpected. I will need an alternative.

[Ks45672]

I get better prices on localbitcoins.com ,haven't been using BX for ages but still sorry to see them go

[uli65]

very sad, I like this exchange, now need move back to the expensive coins.th trash

[Tayaout]

4 minutes ago, Ks45672 said:

I get better prices on localbitcoins.com ,haven't been using BX for ages but still sorry to see them go

Everytime I check localbitcoins I get like 3-5% less. Maybe because I never market sell on bx.in.th or my timing. 

[Dario]

I only noticed that bx,in,th is closing down (very fast!) about 15 minutes ago. Had to sell everything and will now transfer my money back to my bank account. Looks markets are crashing on bx.in.th.

[Tayaout]

11 minutes ago, Dario said:

I only noticed that bx,in,th is closing down (very fast!) about 15 minutes ago. Had to sell everything and will now transfer my money back to my bank account. Looks markets are crashing on bx.in.th.

Pretty nice since I had some THB laying around that I will cashout to BTC. 

[Tayaout]

I cashed out at 199,001. I don't understand why everyone is panicking lol.

[Tayaout]

lol now someone is buying everything and there is almost no more sell order.

[Neeranam]

I think I'll buy  and transfer to bitrue or binance

Edited September 2, 2019 by Neeranam

[Neeranam]

4 hours ago, Ks45672 said:

I get better prices on localbitcoins.com ,haven't been using BX for ages but still sorry to see them go

Can you withdraw to thai account?

[Tayaout]

1 hour ago, Neeranam said:

Can you withdraw to thai account?

Yes even if it's not under your name. It usually take 10 min or less. 

Edited September 2, 2019 by Tayaout

[Neeranam]

3 minutes ago, Tayaout said:

Yes even if it's not under your name. It usually take 10 min or less. 

Is it only bitcoin?

[Tayaout]

4 minutes ago, Neeranam said:

Is it only bitcoin?

Yes. I've seen some alternative for others coin but did not check them and the trade volume for THB is probably very low. 

[Neeranam]

Well one transfer to binance has worked but been waiting 3 hours for my XrP

[JPhillips]

Probably the best THB cashout alternative is Everex. There is a post on the top of this forum about this Crypto to Fiat app.

 

 

On 8/26/2019 at 10:01 AM, ThaivisaSales said:

details visit Everex site. 

 

 

[Tayaout]

They don't have a Bitcoin option. Seems like we need to convert to ethereum first. I will probably test them soon. 

[JPhillips]

29 minutes ago, Tayaout said:

They don't have a Bitcoin option. Seems like we need to convert to ethereum first. I will probably test them soon. 

 

 

Yes, the wallet accepts EVX and DAI. First convert crypto to EVX or DAI and then transfer to the wallet. 

[Tayaout]

8 minutes ago, JPhillips said:

 

Yes, the wallet accepts EVX and DAI. First convert crypto to EVX or DAI and then transfer to the wallet. 

I understand how that work but it's not bitcoin. ????

[ukrules]

My BX account is empty, I only really use it for buying or selling and not very often.

 

I wonder why they are closing, it's very odd to just close a business like this.

 

Normally you would sell a business that's spent years building a good name, you don't just shut it down because you don't want to continue.

 

I wonder if it's driven by regulatory changes.

[Tayaout]

5 minutes ago, ukrules said:

I wonder if it's driven by regulatory changes.

I was thinking the same thing. I'm pretty sure the site was very lucrative. I've seen the same thing happen with an exchange in Canada but they were bought by Kraken. 

[Ak85]

Maybe the Govt fees to renew the digital exchange license for 2020 is too expensive & not worth it. Hope Binance steps in & buys BX so that we can continue with it

 

There are a few people talking about bitkub & satang pro.. has anyone heard of these two? Saw their sites.. hardly any volume & site is very slow.. bitkub has alot of coins & looks better than satang pro but dont know if it'll have the volume.

[bearpolar]

satang pro is owned by one of the members of Zcoin. Legit stuff, i msg'd them and they have no issues.

 

Im mostly interested in everex tho, i read a lot on them a year or 2 ago and they are as legit as it gets.  Hopefully someone here tries them

[yabbra]

It sounds like LocalBitcoins & Bitkub are the only two alternatives for withdrawing to a Thai bank account? Everyone that used BX are going to have to move another local exchange you would think, so maybe Bitkub's volume will increase with an influx of new users. It seems the one to move over to for now?

[ukrules]

Someone mentioned 'coinfield.com' as an alternative in another thread.

[thaidreaming]

In thai we have 3 official (licensed by SEC) exchange and 1 broker.

3 official exchange: Bx.in.th (bitcoin co.ltd.), Bitkub and Satang corporation (satang pro).

1 broker: Coins TH

 

The best exchange after Bx is Bitkub -> Bitkub exchange

I hope all volumes from bx will move there

 

Edited September 2, 2019 by thaidreaming

[uli65]

the Bitkub suckers never  accept my documents for verification. I have at least 10 accounts on international exchanges and no problems with my KYC.  could never find out why these idiots reject it. I will try Satang pro. Coins.co.th I have already but the fees are horrible.

[Neeranam]

1 hour ago, uli65 said:

the Bitkub suckers never  accept my documents for verification. I have at least 10 accounts on international exchanges and no problems with my KYC.  could never find out why these idiots reject it. I will try Satang pro. Coins.co.th I have already but the fees are horrible.

Are you a resident here?

[Happy Grumpy]

What's surprising is they didn't just shut it down and keep everyone's coins. 

[phiber]

1 hour ago, Happy Grumpy said:

What's surprising is they didn't just shut it down and keep everyone's coins. 

that would be theft