Bitkub Review 2021 - Is It Safe?
-On regular terms, Bitkub charges 0.25% commission fees on all trades.
THB Withdrawal Fees:
THB Amount / K-Bank / Other Banks in Thailand:
-0 - 100,000 THB / 20 THB / 20 THB;
-100,001 - 500,000 THB / 20 THB / 75 THB;
-500,001 - 2,000,000 THB / 20 THB / 200 THB.
Cryptocurrency Deposit Fees: Free.
Cryptocurrency Withdrawal Fees:
Currency / Fee
-BTC / 0.0005;
-ETH / 0.005;
-WAN / 0.1;
-ADA / 1.0;
-OMG / 0.2 ;
-BCH / 0.0001.
-On regular terms, Bitkub charges 0.25% commission fees on all trades.
THB Withdrawal Fees:
THB Amount / K-Bank / Other Banks in Thailand:
-0 - 100,000 THB / 20 THB / 20 THB;
-100,001 - 500,000 THB / 20 THB / 75 THB;
-500,001 - 2,000,000 THB / 20 THB / 200 THB.
Cryptocurrency Deposit Fees: Free.
Cryptocurrency Withdrawal Fees:
Currency / Fee
-BTC / 0.0005;
-ETH / 0.005;
-WAN / 0.1;
-ADA / 1.0;
-OMG / 0.2 ;
-BCH / 0.0001.
Bitkub is a leading cryptocurrency digital exchange in Thailand. It was established in early 2018. Bitkub refers to integrity, customer, efficiency and innovation as its top values.
The fees are charged per trade and make 0.25%. You can check out deposit and withdrawal fees as well as financial terms on the company’s website. To go through the Level 1 identity checks, an individual must be over 20 y.o and have a zero criminal record.
As security measures, Bitkub applies offline cold storage and full data encryption.
Additional benefits for users of this exchange include cashback and referral programs.
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They do not accept US citizens at all. You can open an account, but don't allow KYC, so you can't trade at all. When attempting KYC Level 1, Americans are told to download, print, fill out, scan and return IRS form W-9 (proof of taxpayer ID number), but Customer Service says they accept no Americans now.
As far as I can figure, Bitkub trades one or more altcoins not yet registered with the US SEC, and their app has no way to block Americans from them.
Customer service was unable to explain this further, to identify a "non-registered token" or to explain why KYC normally takes 30 days.
I see that even Thais have to show they have no criminal record. All these requirements to reveal personal data go against the spirit of crypto. AVOID THEM.
Satang Pro is a much more professional and friendly service. They trade about 20 coins, and you can always take USDT or ETH to another exchange for the really exotic stuff.
Have been signed up many months but company seems to misunderstand. .. Unable verify and link my Thai bank accounts. although I have Thai address and Thai drivers licensee for 15 years.
Sometimes the website is experienced the blackouts. It's just turned off. But apart from that one don't see any night issue
User friendly reliable and has the hightest volume in Thailand. This is my one of favourite trading platform, doing arbitrage and stuff. 24/7 support. Definitely worth a try.
-On regular terms, Bitkub charges 0.25% commission fees on all trades.
THB Withdrawal Fees:
THB Amount / K-Bank / Other Banks in Thailand:
-0 - 100,000 THB / 20 THB / 20 THB;
-100,001 - 500,000 THB / 20 THB / 75 THB;
-500,001 - 2,000,000 THB / 20 THB / 200 THB.
Cryptocurrency Deposit Fees: Free.
Cryptocurrency Withdrawal Fees:
Currency / Fee
-BTC / 0.0005;
-ETH / 0.005;
-WAN / 0.1;
-ADA / 1.0;
-OMG / 0.2 ;
-BCH / 0.0001.
-On regular terms, Bitkub charges 0.25% commission fees on all trades.
THB Withdrawal Fees:
THB Amount / K-Bank / Other Banks in Thailand:
-0 - 100,000 THB / 20 THB / 20 THB;
-100,001 - 500,000 THB / 20 THB / 75 THB;
-500,001 - 2,000,000 THB / 20 THB / 200 THB.
Cryptocurrency Deposit Fees: Free.
Cryptocurrency Withdrawal Fees:
Currency / Fee
-BTC / 0.0005;
-ETH / 0.005;
-WAN / 0.1;
-ADA / 1.0;
-OMG / 0.2 ;
-BCH / 0.0001.
