Buy Crypto with Bangkok Bank

Buy Crypto with Bangkok Bank

A brief guide to start investing in Bitcoin and Ethereum via Bangkok Bank. Begin with free THB deposits on a secure, regulated platform.

Summary: Bangkok Bank doesn't support direct crypto trading through its online banking platform. However, clients can buy cryptocurrencies using a Thai SEC-approved exchange, transferring THB or other currencies from their Bangkok Bank account, debit card, credit card or an alternative method.

Based on our analysis of the top platforms that are compatible with Bangkok Bank, we found that Bybit was the top overall choice. They offer instant and free THB deposits to trade over 770 crypto assets with low fees on their regulated platform which is trusted by over 15 million investors.

Top Exchange for Bangkok Bank
5.0 out of 5.0 by Datawallet.
Bybit is the top choice for Bangkok Bank account holders thanks to their fast and free Thai Baht (THB) deposit options to trade a wide variety of assets with low fees.
Thai Baht (THB) Deposit Methods
Bank Transfer, Debit Card, Credit Card and more.
Supported Assets
770+ Cryptocurrencies
Regulated and 1:1 Audited Proof-of-Reserves

Content Guide

Can I Buy Crypto with Bangkok Bank?

Yes, investors in Thailand can buy Bitcoin and other cryptocurrencies with their Bangkok Bank account by depositing Thai Baht (THB) into a regulated Thai crypto trading platform. We advise investors to choose platforms licensed by the Securities and Exchange Commission (SEC) of Thailand and steer clear of offshore exchanges that may cause banking issues.

How to Buy Bitcoin and Crypto with Bangkok Bank

As outlined above, the safest and fastest method to invest in cryptocurrencies like Bitcoin and Ethereum using your Bangkok Bank account is through a Thai SEC-approved exchange like Bybit. This approach enables investors to seamlessly deposit THB from Bangkok Bank via bank transfer, debit card, credit card, and other supported methods to trade 770+ crypto assets with low fees.

Here is a simple 4-step guide to getting started with your Bangkok Bank account on Bybit:

  1. Sign up to Bybit and verify your account.
  2. Select the 'Buy Crypto' option to deposit funds.
  3. Find the currency you want to transfer from Bangkok Bank (e.g THB) & complete your deposit.
  4. Find the crypto asset you want to buy on Bybit and execute your trade.
Buy Crypto Bangkok Bank

What are the Fees to Invest?

The fees associated with buying Bitcoin and other digital currencies via a Bangkok Bank account may vary depending on the cryptocurrency exchange you choose. Important costs to consider include deposit fees, withdrawal fees, spread margins, and transaction fees.

For Bangkok Bank customers, we recommend Bitkub as a cost-effective option. Bitkub generally offers free THB deposits and has competitive trading fees. The primary expense when investing in cryptocurrencies on Bitkub tends to be the trading fee, usually less than 0.25% per transaction. This makes it a more wallet-friendly alternative in contrast to other platforms like Satang Pro, which can impose fees often higher than 0.5% per transaction.

Is Bangkok Bank Crypto-Friendly?

Bangkok Bank is actively supporting its customers' interests in the cryptocurrency market by facilitating transactions with approved external crypto exchanges that are in compliance with the regulations set forth by the Securities and Exchange Commission of Thailand. This approach allows Bangkok Bank account holders to perform THB (Thai Baht) transfers to platforms that adhere to domestic financial governance aimed at combating illicit activities such as fraud and money laundering.

As a result, when transacting with these regulated exchanges, Bangkok Bank customers can comfortably explore cryptocurrency investments, knowing their actions are not only secure but also fully compliant with all the requisite legal requirements.

Bottom Line

In conclusion, Bangkok Bank offers a crypto-friendly banking environment, facilitating the purchase and sale of digital assets through trusted exchanges like Bybit. With their ease of depositing Thai Baht (THB) and low trading fees, these platforms offer a safe, fast, and cost-effective method for crypto investment. However, always remember that investing in cryptocurrencies carries inherent risks and should be done with a thorough understanding of the market.

Frequently Asked Questions

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A Guide to Commonly Asked FAQs.

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