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How to Buy Bitcoin in Thailand

A complete step-by-step guide to buying your first Bitcoin with Thai Baht (THB) in 2026. From choosing an exchange to securing your investment.

What You Need Before Starting

  • Thai ID Card or Passport — Required for KYC verification on all exchanges
  • Thai Bank Account — Needed for THB deposits (SCB, Kasikorn, Bangkok Bank, etc.)
  • Mobile Phone — For 2FA, PromptPay, and exchange app
  • At least 100 THB — Minimum purchase on most Thai exchanges
1

Choose an SEC-Licensed Exchange

The most important step is choosing a safe, regulated exchange. Thailand's SEC requires all crypto exchanges to hold a valid license. Using an unlicensed exchange puts your funds at risk and may be illegal.

Our Top Recommendations:

  • Bitkub — Best for most Thai users. Highest volume, Thai language, PromptPay support.
  • Satang Pro — Great for beginners. Clean interface, SEC licensed.
  • Gulf Binance — Binance technology with Thai SEC license. Growing rapidly.

For expats or users who want access to more cryptocurrencies, global exchanges like Binance and Coinbase are options, though they are not SEC-licensed in Thailand.

See our full exchange comparison →
2

Create Your Account & Verify Identity

All Thai exchanges require Know Your Customer (KYC) verification before you can trade. This is a legal requirement from the SEC.

KYC Process on Bitkub:

  1. Download the Bitkub app or visit bitkub.com
  2. Sign up with your email and phone number
  3. Upload a photo of your Thai ID card (front and back) or passport
  4. Take a selfie holding your ID
  5. Enter your personal details and Thai address
  6. Wait for verification (usually 1-24 hours)

Tip for Expats: Most Thai exchanges accept passports from all countries for KYC. However, you may need a Thai phone number and bank account. Bitkub and Satang Pro are the most expat-friendly.

3

Deposit Thai Baht (THB)

Once verified, you need to deposit Thai Baht to your exchange account. Here are the most popular deposit methods:

PromptPay (Recommended)

Instant deposit, zero fees. Scan QR code in your banking app. Available on Bitkub, Satang Pro, Zipmex.

Thai Bank Transfer

Transfer from SCB, Kasikorn, Bangkok Bank, Krungthai, etc. Usually processed within minutes during banking hours.

QR Payment

Scan a QR code with any Thai banking app. Similar to PromptPay but available through more banking apps.

TrueMoney Wallet

Thailand's popular e-wallet. Available on select exchanges for smaller deposits.

Best Practice: Start with a small deposit (1,000-5,000 THB) to test the process before depositing larger amounts. PromptPay is the fastest and most convenient method.

4

Buy Bitcoin (BTC)

With THB in your account, you're ready to buy Bitcoin. There are two main ways:

Market Order (Easiest)

Buy Bitcoin at the current market price. Instant execution. Best for beginners who want to buy right away. Simply enter the amount of THB you want to spend.

Limit Order (Advanced)

Set your desired price and the order executes when Bitcoin reaches that price. Better for getting a specific price, but may take time or never fill if the price doesn't reach your target.

Remember: You don't need to buy a whole Bitcoin! On Bitkub, the minimum order is just 100 THB. You'll receive a fraction of a Bitcoin (measured in satoshis). 1 Bitcoin = 100,000,000 satoshis.

5

Secure Your Bitcoin

After buying Bitcoin, consider how to secure it. For small amounts, the exchange wallet is fine. For larger holdings, a hardware wallet provides the best security.

Security Tips:

  • Enable 2-Factor Authentication (2FA) on your exchange account
  • Use a strong, unique password for your exchange account
  • For holdings over 100,000 THB, consider a hardware wallet (Ledger, Trezor)
  • Never share your private keys or seed phrase with anyone
  • Be aware of phishing scams — always check URLs carefully

Thai Tax Obligations

Important: Thailand imposes a 15% withholding tax on cryptocurrency gains. All crypto income must be reported to the Thai Revenue Department as part of your annual tax return.

Good news: VAT on crypto trading was exempted in 2022, and losses can be offset against gains within the same tax year. Keep records of all your transactions for tax reporting purposes.

Read our full Thai crypto regulations guide →

Ready to Buy Bitcoin?

Start with Bitkub — Thailand's most trusted exchange. SEC-licensed, PromptPay support, and 100 THB minimum.

Open Bitkub Account