Dario Posted September 2, 2019 Share Posted September 2, 2019 For people who have currently invested money on the Thai trading platform bx.in.th (Bitcoin Thailand) there is bad news: all trading will be stopped after September 30th. I received the following email from bx.in.th today at 07:01: "Dear xxx, Bitcoin Co. Ltd. has decided to discontinue offering digital exchange services and wallet services at our BX.in.th website in order to focus on other business opportunities. This means that after September 30th 2019 all trading on the BX.in.th will be stopped. We ask that all customers withdrawal any funds held at the BX.in.th website into their own bank account or digital wallet. The company will not be seeking to hold an SEC issued Digital Asset Exchange license for the year 2020, and we ask all customers to withdraw their funds before November 1st, 2019. After 1 November 2019, the company will continue to open the BX.in.th website only as a method for customers to contact the company about outstanding issues. All deposits will be disabled after September 6th, 2019. If you need any assistance in withdrawing funds please open a support ticket and our staff will be happy to assist you. We thank our loyal customers for using our BX.in.th services over the past 5 years and trust you have been happy with the service provided. Please note that all fund are completely safe and all customers will receive 100% of their funds returned to them. For More information please click here" CUrrently I witness the market on bx.in.th crashing. As an indication. At the moment of the announcement, BTC was trading at 293'000 Baht, right now at 08:35 BTC stands at 208'000 !! 1 1 Link to comment Share on other sites More sharing options...
aqua4 Posted September 2, 2019 Share Posted September 2, 2019 (edited) WOW they are dumping Bitcoin fast. Its almost a trade every second right now. Edited September 2, 2019 by aqua4 Link to comment Share on other sites More sharing options...
Dario Posted September 2, 2019 Author Share Posted September 2, 2019 (edited) 5 minutes ago, aqua4 said: WOW they are dumping Bitcoin fast. Its almost a trade every second right now. Crazy, now it is shooting up again, BTC currently back at 270'000. It's like on the SET during the last day trading of a warrant. For the fast guys now money to be made. I withdrew my money already. Edited September 2, 2019 by Dario Link to comment Share on other sites More sharing options...
Neeranam Posted September 2, 2019 Share Posted September 2, 2019 53 minutes ago, Dario said: Crazy, now it is shooting up again, BTC currently back at 270'000. It's like on the SET during the last day trading of a warrant. For the fast guys now money to be made. I withdrew my money already. This is terrible news 1 Link to comment Share on other sites More sharing options...
sillyfool Posted September 2, 2019 Share Posted September 2, 2019 coinfield operates in thailand. good trading platform. never had any issues with it. 2 Link to comment Share on other sites More sharing options...
Neeranam Posted September 2, 2019 Share Posted September 2, 2019 Just got some real bargains on bx, everyone is selling at crazy prices 2 Link to comment Share on other sites More sharing options...
Neeranam Posted September 2, 2019 Share Posted September 2, 2019 43 minutes ago, sillyfool said: coinfield operates in thailand. good trading platform. never had any issues with it. What is the max you can withdraw to a thai bank per day? Link to comment Share on other sites More sharing options...
sillyfool Posted September 2, 2019 Share Posted September 2, 2019 2 minutes ago, Neeranam said: What is the max you can withdraw to a thai bank per day? when you are fully verified on the site the limits are in my currency as follows (CAD) wire transfer - 2million interac - 3000.00 paypal - 5000.00 1 Link to comment Share on other sites More sharing options...
Neeranam Posted September 2, 2019 Share Posted September 2, 2019 Anyone use bitkub? Link to comment Share on other sites More sharing options...
Jackie66 Posted September 2, 2019 Share Posted September 2, 2019 2 hours ago, Neeranam said: Anyone use bitkub? Yeah i'm curious too. Just signed up ???? Coins rates are bad. 1 Link to comment Share on other sites More sharing options...
sillyfool Posted September 2, 2019 Share Posted September 2, 2019 anyone here believe in xrp........? Link to comment Share on other sites More sharing options...
Tayaout Posted September 2, 2019 Share Posted September 2, 2019 Bought some bitcoin at ridiculous price and received them in my wallet as fast usual. Pretty funny when people panic for no reason. The markets are really irrational sometimes. 1 Link to comment Share on other sites More sharing options...
Jackie66 Posted September 2, 2019 Share Posted September 2, 2019 Wish i didn't withdraw THB. could have bought at a great discount ???? I was online when it was happening. Link to comment Share on other sites More sharing options...
Neeranam Posted September 2, 2019 Share Posted September 2, 2019 26 minutes ago, Jackie66 said: Wish i didn't withdraw THB. could have bought at a great discount ???? I was online when it was happening. ALWAYS KEEP A PRUDENT RESERVE Link to comment Share on other sites More sharing options...
SOTIRIOS Posted September 2, 2019 Share Posted September 2, 2019 ...wonder if this has anything to do with 'a certain someone' lending his name and face to another cryptocurrency trading house...??? ...very strange timing.... ...nothing to do with the collapse of the currency....seems like they are being 'muscled out'....??? ...or have been 'bought out'....??? Link to comment Share on other sites More sharing options...
ExpatDraco Posted September 2, 2019 Share Posted September 2, 2019 21 minutes ago, SOTIRIOS said: ...nothing to do with the collapse of the currency....seems like they are being 'muscled out'....??? Collapse of the currency? Which currency? Link to comment Share on other sites More sharing options...
how241 Posted September 2, 2019 Share Posted September 2, 2019 Anyone know where a USA expat, living full time in Thailand, can trade/sell coins in Thailand. Most of the Thai exchanges will not accept USA customers due to all the paperwork required by the USA Govt. 1 Link to comment Share on other sites More sharing options...
Dario Posted September 2, 2019 Author Share Posted September 2, 2019 58 minutes ago, Jackie66 said: Wish i didn't withdraw THB. could have bought at a great discount ???? I was online when it was happening. Same here. I was told by bxinth they would pay out withdrawals today at 15:00, but mine was in my bank at 14:01. Link to comment Share on other sites More sharing options...
Tayaout Posted September 2, 2019 Share Posted September 2, 2019 19 minutes ago, ExpatDraco said: Collapse of the currency? Which currency? Which collapse? Link to comment Share on other sites More sharing options...
hobobo Posted September 2, 2019 Share Posted September 2, 2019 6 hours ago, sillyfool said: coinfield operates in thailand. good trading platform. never had any issues with it. And shine.coin? Any news on them? Link to comment Share on other sites More sharing options...
pingpongplayer Posted September 2, 2019 Share Posted September 2, 2019 Hey guys, if you need to signup to new exchanges... Binance link (get 10% discount on commissions using this link) Bitkub link (Thai exchange that can connect to Thai banks) Link to comment Share on other sites More sharing options...
AdiP Posted September 2, 2019 Share Posted September 2, 2019 Due to the new Thai regulations for crypto markets I presume BX will not qualify for one of the few licenses to be granted for such trading activities in the tightly governed crypto sector within Thailand. Normal business practice to advise clients to withdraw funds before closing their services. 1 Link to comment Share on other sites More sharing options...
sillyfool Posted September 2, 2019 Share Posted September 2, 2019 1 hour ago, hobobo said: And shine.coin? Any news on them? no info sorry. i only trade on coinfield Link to comment Share on other sites More sharing options...
sillyfool Posted September 2, 2019 Share Posted September 2, 2019 3 hours ago, SOTIRIOS said: ...wonder if this has anything to do with 'a certain someone' lending his name and face to another cryptocurrency trading house...??? ...very strange timing.... ...nothing to do with the collapse of the currency....seems like they are being 'muscled out'....??? ...or have been 'bought out'....??? pretty sure i know the who but what is the trading house you are speaking of. Link to comment Share on other sites More sharing options...
bearpolar Posted September 2, 2019 Share Posted September 2, 2019 (edited) 1 hour ago, hobobo said: And shine.coin? Any news on them? its a ponzi scam bitkub has a 5% lower price even on tether.. worthless Edited September 2, 2019 by bearpolar Link to comment Share on other sites More sharing options...
MJKT2014 Posted September 2, 2019 Share Posted September 2, 2019 1 hour ago, pingpongplayer said: Hey guys, if you need to signup to new exchanges... Binance link (get 10% discount on commissions using this link) Bitkub link (Thai exchange that can connect to Thai banks) Thanks. I haven't got much time for this but still have some Bitcoin with Bx.in.th. Can I just transfer the bitcoin to another exchange like the ones you suggest or do I have to download to a wallet first or convert to THB? I notice the price of BTC on BX is now much lower than other exhanges so didn't want to cash out to THB unless necessary? 1 Link to comment Share on other sites More sharing options...
bearpolar Posted September 2, 2019 Share Posted September 2, 2019 4 minutes ago, MJKT2014 said: Thanks. I haven't got much time for this but still have some Bitcoin with Bx.in.th. Can I just transfer the bitcoin to another exchange like the ones you suggest or do I have to download to a wallet first or convert to THB? I notice the price of BTC on BX is now much lower than other exhanges so didn't want to cash out to THB unless necessary? do not cashout to thb you'd be losing almost 10% and making some guys very wealthy. wait or if urgent, send to bittrex, convert to Dai and then withdraw on EVEREX for 1% fee 1 Link to comment Share on other sites More sharing options...
Tayaout Posted September 2, 2019 Share Posted September 2, 2019 (edited) 13 minutes ago, MJKT2014 said: Thanks. I haven't got much time for this but still have some Bitcoin with Bx.in.th. Can I just transfer the bitcoin to another exchange like the ones you suggest or do I have to download to a wallet first or convert to THB? I notice the price of BTC on BX is now much lower than other exhanges so didn't want to cash out to THB unless necessary? You should not leave any bitcoin on an exchange you are willing to lose. It happened to a friend of mine (that I warned not to) with WEX. I use a ledger X hardware wallet to keep my cryptocurrencies. Other model are fine simply make sure you buy them directly from the manufacturer. I did a Bitcoin cashout from bx.in.th today and it went throught in about 15 minutes. It's usually safer to do transfer from and to a wallet that you control the key. Some exchange use temporary address and if there is a delay then I've seen users have issues. Edited September 2, 2019 by Tayaout 1 Link to comment Share on other sites More sharing options...
sillyfool Posted September 2, 2019 Share Posted September 2, 2019 14 minutes ago, Tayaout said: You should not leave any bitcoin on an exchange you are willing to lose. It happened to a friend of mine (that I warned not to) with WEX. I use a ledger X hardware wallet to keep my cryptocurrencies. Other model are fine simply make sure you buy them directly from the manufacturer. I did a Bitcoin cashout from bx.in.th today and it went throught in about 15 minutes. It's usually safer to do transfer from and to a wallet that you control the key. Some exchange use temporary address and if there is a delay then I've seen users have issues. have to agree 100%. leave nothing on any exchange .i have 3 nano s ledgers. not quite as good as the x but still great. quadriga back home in canada comes to mind... 1 Link to comment Share on other sites More sharing options...
Fairynuff Posted September 2, 2019 Share Posted September 2, 2019 5 hours ago, sillyfool said: anyone here believe in xrp........? I’m holding some and currently at -80% So don’t even bother following it these days Link to comment Share on other sites More sharing options...
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