I want to send crypto to my Thai friend... Best exchange for her?

[wjmark]

What is a simple easy exchange for a Thai person to use for buying, receiving, trading crypto please?

 

She has  an Iphone 7+ (and no computer...).

 

thanks

[racket]

https://www.binance.com

[wjmark]

Thanks. Any problems for using Binance in Thailand?  Banks, verification, etc.?

 

She is not so clever with computers etc...

 

(I use Binance and Kraken in Canada)

Edited August 17, 2021 by wjmark
update

[RAZZELL]

https://www.bitkub.com/

 

One of the few recognised in Thailand - Binance isn't.

 

https://www.bitkub.com/blog/bitkub-com-is-now-an-officially-licensed-cryptocurrency-exchange-by-thailands-ministry-of-finance-c6b04ede377b

 

https://www.bangkokpost.com/business/2158475/the-curious-case-of-binance

[ChipButty]

The best to use in Thailand and dead easy to transfer to a Thai bank account https://coins.co.th/ 

[Dazinoz]

7 hours ago, ChipButty said:

The best to use in Thailand and dead easy to transfer to a Thai bank account https://coins.co.th/ 

I have used them to send bitcoin to and waiting to transfer to bank. I think they only trade in BTC but could be wrong.

[ChipButty]

1 hour ago, Dazinoz said:

I have used them to send bitcoin to and waiting to transfer to bank. I think they only trade in BTC but could be wrong.

Yes only BTC 

[GrandPapillon]

17 hours ago, wjmark said:

Thanks. Any problems for using Binance in Thailand?  Banks, verification, etc.?

 

She is not so clever with computers etc...

 

(I use Binance and Kraken in Canada)

then why send her cryptos? when a simple bank transfer in THB will be immediate and extremly easy

[ChipButty]

Why not just use wise (Transferwise)? low charges 

https://wise.com/ 

[Sundown]

Binance

Edited August 18, 2021 by Sundown

[MamaSan]

Binance can't convert to Thai Baht fiat - don't see why that would be recommended(?)  Bitkub or SatangPro would be preferable, imo.

[WebGuy]

Bitkub but she needs to open an account and verify it by taking photo etc.

Then she needs to link her bank account to the platform and she is ready to go.

I recommend connecting Kasikorn as it is cheapest and fastest for transactions (instant).

[Firefan]

Agree with Bitkub. Can link to her Thai bank as soon as she has opened it.

[rwill]

As others have said Bitkub is the best for Thais.  Check they deal in the tokens you want to send first though.

 

[wjmark]

Thanks for all this. She wants to 'play' with crypto, so I thought I would send a few different coins...

And I will look at wise .com if I need to send cash...

cheers!

[racket]

Other than Binance, https://www.kraken.com Is also a good exchange that works in Thailand. It’s regulated and widely recognized. It’s basically the to-go exchange to use worldwide. So if you’re traveling from country to country it will always work and it’s super easy to open an account.