Gulf Binance Launches in Thailand

[Conno]

Appears that Binance have overcome the issues they were having recently with the Thai SEC

 

Haven't registered yet but will do in the New Year. Hopefully this is the exchange we have all been longing for.

 

PS. The competition are probably shaking in their boots, about time considering how we have been treated.

 

PSS. Also not sure at this stage how registration will go for non Thai's. If you discover anything pertaining to this please post below. Thx fingers crossed.

 

Good luck in 2024

 

https://www.binance.th/en

[Conno]

OK first hoop to jump through, found this in the T&Cs.

 

If it is a one off then not such a problem but not very convenient. 

 

*In case of a non-Thai national, from step 7 onwards, you must attend and complete these steps at the Company's office. You must also bring the following documents for verification: your original passport, work permit, visa, or national ID card. Once the verification process has been completed, we will notify you of the results via email.

 

https://www.binance.th/en/terms/terms/4aefcc734230446e99bb8f47cf04851c

 

 

 

[Jenkins9039]

Thai gov is interested in the tax information they hold.

[Neeranam]

How is this different to the Binance I've used for years?

[Conno]

It's a subsidiary of Binance. Suppose a little like how Binance US was a subsidiary to the parent company Binance [Global]  

 

Gulf Binance is a partnership between Binance and Thailands alleged 2nd richest man. Must be nice huh 5555. 

 

The difference is that this company has been created to meet and satisfy the requirement specific to the rules and regulations of Thailand. Therefore allowing direct on and off ramping of Thai Baht.  

 

https://www.forbes.com/profile/sarath-ratanavadi/?sh=6e04cc3d49d7

[CashMoon]

Since Binance will operate in Thailand, can our P2P transactions made through Binance.com be used as evidence against fraud?