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Transferring funds to Thailand using Bitcoin

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On 7/19/2022 at 9:39 AM, chacha boom said:

Without vision, there's not much to see.  Why involve yourself with things you dont understand?  

Transferring funds around the world with bitcoin is superior to any "regular" services, if you know your way around.  Regular bank transfer to thai banks takes a day or two i would assume, AND carries fees.  With bitcoins, you can run to ATM in minutes.

Wise transfers often happen within minutes.  Are you going to try tell us that Bitcoin invented money wiring and international ATM transactions now and nobody else is doing that?  ????‍♂️

 

How much are you paying for those bitcoin ATM withdrawals.  Fees are often 10% or more.  Never mind the fact your money is tied up in Bitcoin which has gone down around 50% in the last few months.

 

How many Bitcoin ATMs are even in Thailand? A quick google search says 6, in all of Thailand.  Only one in Pattaya, and what are the odds it's out of money or not working?  Of course that could have changed and there are none now for all I know. 

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  • chacha boom
    chacha boom

    Without vision, there's not much to see.  Why involve yourself with things you dont understand?   Transferring funds around the world with bitcoin is superior to any "regular" services, if you kn

  • AventurasEnMadrid
    AventurasEnMadrid

    @chacha boom localbitcoins takes a big fee - are you able to open a Thai bank account? If so, use bitkub or satang pro (local exchanges) which both have good liquidity for USDT. If you have further

  • I think you should use a bitcoin exchange that works with the Thai banks to do it. Not sure if there is any. Anyway, be careful to use only reputable exchanges. The bitcoin space is full of fraudsters

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