BitKub is the go-to crypto exchange for Thai residents - but not for everyone
If you live in Thailand and want to buy Bitcoin, Ethereum, or Dogecoin using Thai Baht (THB), BitKub is probably the easiest and most trusted place to do it. With over 6 million Thai users and daily trading volumes hitting $180 million, it’s not just popular - it’s the market leader. But if you’re outside Thailand, or you want to trade crypto-to-crypto, use leverage, or have your funds insured, BitKub isn’t for you. This isn’t a global exchange like Binance or Coinbase. It’s built for one purpose: helping Thais enter crypto with their local currency - and nothing else.
How BitKub works: Simple, local, and regulated
BitKub launched in 2018 under Thailand’s Securities and Exchange Commission (SEC) and holds a full license (No. 310180020007). That’s rare. Most crypto platforms operate in legal gray zones. BitKub doesn’t. It’s registered with Thailand’s Ministry of Finance and has a legally recorded capital of 450 million THB (about $12.5 million USD). This isn’t some offshore startup - it’s a government-approved financial service.
What does that mean for you? If you’re in Thailand, you can deposit THB instantly using QR payments from banks like Kasikorn, Krungthai, or SCB. No wire transfers. No waiting days. Just scan a QR code, send money, and your crypto buys itself. Withdrawals work the same way. You sell your crypto, and THB lands in your bank account within minutes.
There’s no crypto-to-crypto trading on BitKub. You can’t swap Bitcoin for Solana here. You can only buy or sell crypto with THB. That’s a big limitation if you’re an experienced trader. But for someone new to crypto, it removes confusion. You don’t need to figure out which coin to trade first. You start with THB. You end with Bitcoin. Simple.
Supported coins and trading fees
BitKub supports between 120 and 163 cryptocurrencies, depending on which source you check. Most reports agree on major coins: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), Dogecoin (DOGE), Polkadot (DOT), and its own token, KUB. The platform adds new coins regularly - it’s up from 80 coins in 2020 to over 140 today.
Trading fees are flat at 0.25% for both makers and takers. No discounts for high volume. No loyalty programs. No fee reductions for holding KUB. Compared to Binance’s 0.1% fee, it’s higher. But for Thai users, the convenience of THB deposits outweighs the cost. You’re paying a bit more for simplicity and speed.
There’s no minimum deposit. You can buy as little as 1 THB worth of crypto. That’s perfect for beginners testing the waters. You don’t need $50 or $100 to start. Just 30 baht - about $0.80 - and you’re in.
Security: Strong, but not perfect
BitKub takes security seriously. Most of its crypto is stored in cold wallets. Data is encrypted with AES-256. Two-factor authentication (2FA) is mandatory. It uses Cloudflare to block DDoS attacks. It even runs a bug bounty program to catch vulnerabilities before hackers do.
It partners with BitGo and Coinbase Custody for enterprise-grade custody - a rare move for a regional exchange. CER.live, a security rating site, gave BitKub 94/100 for server security and 88/100 for user security in October 2025. That’s excellent.
But here’s the catch: no insurance. If BitKub gets hacked, your funds aren’t protected. Unlike some U.S. exchanges that carry FDIC-like coverage, BitKub offers zero deposit protection. And it doesn’t use facial recognition for login - something top-tier exchanges now require. If your phone is stolen and you didn’t enable 2FA, you’re at risk.
There’s also no multi-signature wallet system. No recovery phrases you can back up offline. Your assets live on BitKub’s servers. That’s fine if you trust them - but you should never store large amounts long-term on any exchange.
Mobile app and user experience
The BitKub app is the best part of the platform. With over 5 million downloads on Google Play and a 4.1-star rating from 35,300 reviews, users love it. The interface is clean, fast, and works even on older Android phones. You can buy crypto in under 60 seconds. The charting tool uses TradingView, so you can analyze trends without switching platforms.
There’s a built-in feature called Daily Rewards - you get a small bonus in KUB just for logging in. It’s not much, but it keeps users engaged. The app also links to Bitkub Academy, a free learning hub with videos and guides on blockchain basics, trading, and security.
Customer support is available 24/7 via chat, email, phone, and LINE (@bitkubconnect). Most users report quick responses. But there’s no live call center. Support tickets are handled through the website’s complaint section, which can take hours during outages.
Big downsides: No global access, no leverage, past outages
BitKub is locked to Thailand. You can’t sign up if you’re in the U.S., Europe, or anywhere outside the country. Even if you have a Thai friend send you crypto, you can’t withdraw THB unless you have a Thai bank account. That’s a hard wall.
You also can’t use leverage. No margin trading. No futures. No short selling. If you’re trying to make quick trades during a market spike, BitKub won’t help. It’s a buy-and-hold platform - not a day trader’s tool.
And yes, it’s had outages. In 2023 and again in late 2024, the platform went down during major Bitcoin rallies. Users couldn’t buy, sell, or withdraw. Some lost out on price jumps. BitKub blamed high traffic. The SEC fined them 3.9 million THB ($108,000 USD) for service failures. They’ve improved since, but the risk remains during volatility.
TrustPilot gives BitKub a 2.5/5 rating - one of the lowest among major exchanges. Why? Complaints about slow withdrawals, unclear fees, and poor communication during outages. But TrustFinance, which verifies user reviews, gives it a 4.01/5. The truth? Thai users who rely on it daily rate it well. International users who tried and failed to use it rate it poorly.
Who is BitKub really for?
BitKub isn’t for crypto investors who want to trade between coins. It’s not for people outside Thailand. It’s not for those who need insurance or leverage.
It’s for Thai residents who:
- Want to buy crypto with Thai Baht - fast and legally
- Prefer simplicity over advanced features
- Trust regulated platforms over anonymous ones
- Don’t plan to hold crypto long-term on an exchange
If you’re in Thailand and new to crypto, BitKub is the best place to start. It’s reliable, fast, and backed by the government. If you’re outside Thailand or want to trade like a pro, look elsewhere.
Alternatives in Thailand
There are other options in Thailand: Satang Pro and Zipmex. Satang Pro is smaller but offers crypto-to-crypto trading. Zipmex has more features but has faced regulatory scrutiny. Neither has BitKub’s scale, banking integrations, or user base. For most Thais, BitKub remains the default.
Final verdict: Reliable for locals, useless for others
BitKub is not the most advanced exchange. It’s not the cheapest. It doesn’t offer global access. But it’s the most trusted platform in Thailand for buying crypto with THB. Its regulatory status, banking links, and user-friendly app make it the easiest on-ramp for millions of Thais.
If you’re in Thailand - use it. Start small. Learn. Move your crypto to a personal wallet after buying. If you’re outside Thailand - skip it. You’ll waste time trying to sign up. And you won’t be able to withdraw your money anyway.
BitKub isn’t trying to be Binance. It doesn’t need to. It’s doing exactly what it was built for: bringing Thai people into crypto - safely, legally, and simply.
Can I use BitKub if I’m not in Thailand?
No. BitKub is legally restricted to Thai residents only. You cannot create an account if you’re outside Thailand, and even if you manage to sign up, you won’t be able to deposit or withdraw Thai Baht without a local bank account. The platform blocks non-Thai IP addresses and requires Thai ID verification during KYC.
Does BitKub support crypto-to-crypto trading?
No. BitKub only allows trading between Thai Baht (THB) and cryptocurrencies. You cannot swap Bitcoin for Ethereum or Solana for Dogecoin on the platform. This makes it ideal for beginners who want to buy crypto with local currency, but it’s a major limitation for active traders.
Is BitKub safe to use?
BitKub has strong security measures - cold storage, AES-256 encryption, 2FA, and partnerships with BitGo and Coinbase Custody. It’s licensed by Thailand’s SEC and has a 94/100 security rating from CER.live. However, it offers no insurance for user funds. If the exchange is hacked, your money isn’t protected. Always move large amounts to a personal wallet after buying.
What are the trading fees on BitKub?
BitKub charges a flat 0.25% fee for both buying and selling crypto with THB. There are no maker-taker differentials, no discounts for holding KUB tokens, and no volume-based reductions. While higher than global exchanges like Binance, the fee is offset by the convenience of instant THB deposits and withdrawals.
Can I withdraw THB to my bank account?
Yes - but only if you’re a Thai resident with a Thai bank account. You can withdraw THB instantly via QR payment or bank transfer. Non-Thai users cannot withdraw THB, even if they hold crypto on the platform. Withdrawal limits depend on your KYC level, but most users can withdraw up to 200,000 THB per day.
Does BitKub have a mobile app?
Yes. BitKub has a highly rated mobile app on both iOS and Android. The Android app has over 5 million downloads and a 4.1-star rating on Google Play. It supports instant buying, real-time charts via TradingView, Daily Rewards, and 24/7 customer support through LINE. It’s one of the most user-friendly crypto apps in Southeast Asia.
What cryptocurrencies does BitKub support?
BitKub supports over 140 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), Dogecoin (DOGE), Polkadot (DOT), and its native token KUB. The platform regularly adds new coins based on demand and regulatory approval. All trading pairs are THB-based - no crypto-to-crypto markets.
Is there a minimum deposit on BitKub?
No. You can buy crypto with as little as 1 Thai Baht (about $0.03 USD). There’s no minimum deposit requirement, making it one of the most accessible platforms for new users in Thailand.
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