advancebooking Posted February 23 Share Posted February 23 Hi all, It seems that Bitkub have finally upgraded their systems and are allowing KYC for foreigners. If you previously had your account suspended you can now go ahead and do KYC with the app on your phone. I updated my passport and they did facial scan The validation message at the end stated that the process would take 1 to 15 days. Up to 60 days for exceptional circumstances. IMHO this exchange is only worth it bc it has high liquidity. Personally I like using Upbit now but it did have low liquidity when I was trying to buy SOL. I got there in the end but it took many days to buy big quantities. I still have bitter memories of poor service provided by bitkub. Will see what happens. Happy trading. 1 1 Link to comment Share on other sites More sharing options...
proton Posted February 23 Share Posted February 23 don't fall for it 2 Link to comment Share on other sites More sharing options...
Conno Posted February 23 Share Posted February 23 17 minutes ago, advancebooking said: Hi all, It seems that Bitkub have finally upgraded their systems and are allowing KYC for foreigners. If you previously had your account suspended you can now go ahead and do KYC with the app on your phone. I updated my passport and they did facial scan The validation message at the end stated that the process would take 1 to 15 days. Up to 60 days for exceptional circumstances. IMHO this exchange is only worth it bc it has high liquidity. Personally I like using Upbit now but it did have low liquidity when I was trying to buy SOL. I got there in the end but it took many days to buy big quantities. I still have bitter memories of poor service provided by bitkub. Will see what happens. Happy trading. Is there a link on their announcements page stating such? I'll go take a look see if I can find one. Link to comment Share on other sites More sharing options...
Conno Posted February 23 Share Posted February 23 https://support.bitkub.com/en/support/solutions/articles/151000178947-reactivation-of-verification-kyc-system-for-non-thai-nationals-on-22-02-2024-from-07-00-pm-gmt-7- Link to comment Share on other sites More sharing options...
Jenkins9039 Posted February 24 Share Posted February 24 Not worth it, do OTC. 1 Link to comment Share on other sites More sharing options...
Conno Posted February 24 Share Posted February 24 But you are reluctant to tell us how and from where? I understand that but a little pointer would help? Link to comment Share on other sites More sharing options...
advancebooking Posted February 26 Author Share Posted February 26 On 2/24/2024 at 5:46 PM, Jenkins9039 said: Not worth it, do OTC. Please share with us all your knowledge on this Link to comment Share on other sites More sharing options...
NativeBob Posted February 26 Share Posted February 26 what is wrong with old Binance? Being using it since forever. what bitkub? 1 1 Link to comment Share on other sites More sharing options...
Conno Posted February 26 Share Posted February 26 (edited) 3 hours ago, NativeBob said: what is wrong with old Binance? Being using it since forever. what bitkub? You are talking P2P. We are talking being able to deposit and withdraw to an exchange using Baht directly to and from your Thai bank. That isn't possible with the 'Old Binance' only with P2P. However after saying that there is now a 'New Binance' which is called Gulf Binance or Binance Thailand. They have a temp hold on signing up new non-Thai users but I believe that will be lifted soon. Edited February 26 by Conno 1 1 Link to comment Share on other sites More sharing options...
NativeBob Posted February 27 Share Posted February 27 @Conno, yes, p2p. don't see much difference about it. 1 Link to comment Share on other sites More sharing options...
advancebooking Posted February 27 Author Share Posted February 27 21 hours ago, NativeBob said: what is wrong with old Binance? Being using it since forever. what bitkub? Can you deposit and withdraw THB to and from that exchange? Link to comment Share on other sites More sharing options...
Conno Posted February 27 Share Posted February 27 (edited) 4 hours ago, advancebooking said: Can you deposit and withdraw THB to and from that exchange? advancebooking - It's peer to peer. You don't deposit anything as such. What you are in essence doing if buying crypto, is sending Baht directly to the sellers nominated bank. If someone is buying crypto from you, they would send Baht directly to your nominated bank. Binance are just acting as the middle man and hold the funds [both crypto and fiat] in escrow until time to exchange. I have never used it but I know how it works. Edited February 27 by Conno Link to comment Share on other sites More sharing options...
Neeranam Posted February 28 Share Posted February 28 On 2/27/2024 at 7:02 PM, advancebooking said: Can you deposit and withdraw THB to and from that exchange? I have only ever withdrawn. I've bought on other exchanges and move to Binance to cashout,. I also use Crpyto,com and Kraken. 1 Link to comment Share on other sites More sharing options...
zhounan Posted February 28 Share Posted February 28 Never go back where you were refused 1 Link to comment Share on other sites More sharing options...
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