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As of September 2, 2019, BX Thailand, the Thailand Bitcoin Exchange has announced that they are shutting down. The platform will disable Deposits after September 6th. Trading will stop from September 30th. The platform has urged to withdraw all user funds before November 1st.
About BX Thailand
BX Thailand is cryptocurrency exchange, which started in 2013. Bitcoin.Co.Ltd operates BX Thailand. The company allows the exchange between both crypto-to-crypto and crypto to fiat currency.
The most popular crypto currencies on this platform are ETH, DAS, BTC, DOG, FTC, HYP, and LTC etc. As far as fiat currency is concerned only Thai Bhat is applicable for now.
the Thailand Bitcoin Exchange operates two more websites i.e. websiteBticoin.co.th and CoinPay.in.th. This maintains transparency with its crypto community by displaying the total balance and assets available. A user can rely on this platform when investing in digital currency.
Security at BX Thailand Exchange
The company has secured its platforms in the number of ways. There are some exceptional security features for keeping the currency safe. A user can enable two-factor authentication on their devices to secure their login.
The user has to download the Google authenticator on their device and scan the QR code of BX Thailand account. Later, both the accounts have to be synced. Thus, every time there is a login, a 6-digit code would go the users registered mobile number. A user can thus save the account from any suspicious login.
There are other securities too such as PGP email encryption, withdrawal limits on the account. The data is encrypted and servers are secured through SSL. There is also protection against DDoS.
Features of BX Thailand – Thailand Bitcoin Exchange
BX Thailand has certain affiliate programs where a user can become an affiliate. For every new user that joins this platform through referral, an affiliate earns rewards.
There are few other activities on this platform, which a user can complete, through which he can earn free Bitcoins.
As far as developers are concerned, the platform offers several API, which they can incorporate into their own application.
The company provides complete assistance to its user through email and chat boxes. BX Thailand has instant cash deposits and withdrawals and the trading fee is very minimal i.e. 0.25%.
There are several marketing analysis tools available on this platform such as real time pricing of the crypto markets, currency converters, trading volumes, highest and lowest price, graphical analysis etc.
There is also updated buy and sell orders available on the platform. The company has also advanced order types such as limit order and market order. A user can also view pricing as per different timelines such as minutes, hours or days. There is another feature of the depth chart for every crypto market.
How to register a new account on BX Thailand?
In order to register a new account, log on to www.bx.in.th. The user can click on the tab “register”. Enter the details such as first and the last name, Email ID, and username. The user can click on “I agree to T&C” and “register”.
The initial password goes to the user’s registered email ID. The user can login with the initial password and later reset it. Also, there is a verification link that goes to the email too which has to be enabled to validate the account.
Buy/Sell at BX Thailand
A user can begin with exchange once there is sufficient balance in the BX Thailand account. Thus, in order to fund the account with Thai Bhat, a user can use one of the various payment options available.
A user can select the fixed amount he wishes to invest and also the crypto market before the placing the order. The advanced order types such as market order and limit order are available for the user’s convenience.
With attractive features and trustworthy services, BX Thailand is definitely one of the most preferred exchanges.
BX Thailand is one of the major crypto-exchanges in Thailand. It is mainly suitable for local investors, as it accepts THB. As a whole BX Thailand seems like a credible exchange.