Bitkub

Bitkub Review

Bitkub Overview and General Information

Bitkub is the most popular cryptocurrency trading platform in Thailand. With its user-friendly design and widely recognized reliability, it has become a primary choice for investors interested in digital assets. Bitkub was founded in 2018 by legally registered Bitkub Online Co., Ltd. with a registered capital of 450 million baht and quickly gained popularity due to its ease of use, over 142 digital coins to choose from, and over 4.5 million users.

Licensing and Regulation

Bitkub has been granted a digital asset business license by the Securities and Exchange Commission (SEC) of Thailand, which is the agency responsible for overseeing business operations in the stock market.

Bitkub's products and services

1. Cryptocurrency Exchange

   • Supports trading of over 142 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and many more. Users can buy and sell via both Market Orders and Limit Orders for flexibility in investing.

2. Bitcoin and Ethereum purchase service

   • Users can easily buy Bitcoin (BTC) and Ethereum (ETH) through the platform with Thai baht, supporting both novice and professional investors to invest in the most popular digital assets.

3. Real-time Cryptocurrency Prices

   • Provides real-time cryptocurrency price tracking service. Users can view the prices of various coins, as well as price analysis charts to help them make investment decisions.

4. Deposit and Withdrawal

   • Supports deposits and withdrawals in Thai Baht (THB) and cryptocurrencies. Withdrawals can be made quickly via bank transfers and Mobile Banking services, making it convenient to use.

5. Security & KYC Services

   • High levels of security and strict identity verification (KYC) are in place to prevent money laundering and increase the safety of your experience.

6. Bitkub Academy

   • There is a learning center that provides information on cryptocurrency investment, market analysis, and articles on blockchain technology to enhance the knowledge of investors of all levels.

7. Bitkub Wallet

   • Users can store and manage their digital assets in a digital wallet provided by Bitkub. There are multiple levels of security protection to ensure users are confident in storing their crypto.

8. Bitkub Mobile Application

   • There is an easy-to-use mobile application that supports both iOS and Android systems, allowing users to make transactions anywhere, anytime.
     

Deposits and Withdrawals

Deposit and Withdrawal Options

• Cryptocurrency Investors can deposit with a variety of cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and other cryptocurrencies supported by Bitkub without any fees.

• Fiat Money: Bitkub supports deposits and withdrawals in Thai Baht (THB), allowing investors to conveniently transfer funds via Thai banks into their Bitkub accounts.

Minimum deposit

• Minimum amount of baht that can be deposited
  Users can deposit a minimum of 40 baht into their account with no additional deposit fees, which provides users with greater convenience in making transactions.

• Minimum amount of cryptocurrencies that can be deposited
  Depositing digital coins requires transaction confirmation, after which the coins will be automatically added to the account. However, Bitkub supports up to 8 decimal places for transactions. Digital coins with more than 8 decimal places will not be added to the account.
  

Bitkub Fees

• The fee for trading digital assets (coins) on Bitkub Exchange will be0.25%For every purchase or sale, this fee will be deducted when the trade is completed and will be rounded up to 2 decimal places. For example, if the calculated fee is 218.5641659 baht, the system will round up to 218.57 baht.

• Cryptocurrency Cryptocurrency withdrawal fees vary by currency. For example, Bitcoin (BTC) withdrawals are charged around 0.0005 BTC, while crypto deposits are usually fee-free.

• Fiat Money Deposits in Thai Baht (THB) via bank transfers in Thailand are free of charge, while withdrawals are subject to a fee of approximately 20-50 THB per transaction, depending on the amount withdrawn and the transfer method.
  

Support and Customer Service

Date and time of operation

• Business hours: Monday to Sunday

• Business hours: 9:00 a.m. to 6:00 p.m.

address

• Bitkub Online Co., Ltd. (Head Office) 2525 FYI Center Building, Building 2, 11th Floor, Unit 2/1101-2/1107 Rama IV Road, Khlong Toei Subdistrict, Khlong Toei District, Bangkok 10110

Contact channels

• Customer service contact number: 02-032-9555

• Email:[email protected]&[email protected]

• Live Chat 24 hours

Supported languages

• Thai: is the primary language for customer service, allowing users to communicate and receive assistance in an understandable and convenient way.

• English: For users who need assistance in English, Bitkub also has a team that can provide English support.

Bitkub Review:  Pros-Cons

strength

• Licensed by the Securities and Exchange Commission (SEC) of Thailand.

• Wide range of crypto services:Over 142 cryptocurrencies are supported, giving users a wide range of investment options.

• Low minimum deposit:Minimum deposit is only 40 baht. There are no additional deposit fees.

• Easy to use:An interface designed for ease of use for beginners

weakness

• Trading fees are quite high:Trading fees are 0.25% of every trade, which can be higher than other platforms in some cases.

• Customer Service:There have been complaints about inadequate response and customer service in some cases.

Summary of the overall picture: Is Bitkub good?

Bitkub is a highly popular cryptocurrency trading platform in Thailand. With its credibility and operating under a license from the SEC, which helps build confidence for investors. Bitkub's highlight is its wide range of digital assets, with over 142 coins and over 4.5 million users. The minimum deposit is only 40 baht, making it easily accessible for beginners. And there are no additional deposit fees.

However, the downside is the trading fee of 0.25%, which can be high compared to other platforms. There have also been complaints about customer service, which can sometimes be slow enough.

Overall, Bitkub is a great platform for users in Thailand, with its ease of use and reliable security. Although there are some limitations in terms of fees and customer service, it is considered a good choice for crypto investors in Thailand.