Bitkub

Bitkub Review: Is Bitkub Good?

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. Founded in 2018 by Bitkub Online Co., Ltd., a legally registered company with a registered capital of 450 million baht, it 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

If you ask whether Bitkub is good or not, you have to start by considering the license factor first. The company has received a digital asset business license from the Securities and Exchange Commission (SEC) of Thailand, license type: Digital Asset Exchange, license number 310180020007.

Bitkub's products and services

Investment products

• Cryptocurrencies:Supports trading of over 100 cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Bitkub Coin (KUB), XRP, Dogecoin (DOGE), Polkadot (DOT) and many more.

Trading platforms and tools

• Bitkub website:Users can access and trade digital assets through Bitkub’s main website, which has a user-friendly and secure interface.

• Mobile Applications:For both iOS and Android operating systems, users can trade and monitor the market anytime, anywhere.

• Bitkub OTC (Over-The-Counter):A service for trading digital assets in large quantities, with a team to provide professional advice and conduct transactions.

• Bitkub Academy:A source of knowledge and education about digital assets and blockchain technology to enhance understanding and investment skills.

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 supported cryptocurrencies without any fees.

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

Minimum deposit

• Users can deposit a minimum of 40 baht into their account with no additional deposit fees.

• 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 Review: Fees

1. Trading Fee

• Trading Fees 0.25%Per item, which will be deducted when the purchase or sale is complete.

2. Thai baht deposit and withdrawal fees

• Depositing Baht:There are no deposit fees.

• Withdrawal in Thai Baht:

  • For Kasikornbank accounts

    • Withdrawal amount 0 - 100,000 baht: Fee 20 baht

    • Withdrawal amount 100,001 - 500,000 baht: Fee 20 baht

    • Withdrawal amount 500,001 - 2,000,000 baht: Fee 20 baht

    • Withdrawal amount 2,000,001 - 20,000,000 baht: Fee 20 baht

  • For other bank accounts:

    • Withdrawal amount 0 - 100,000 baht: Fee 20 baht

    • Withdrawal amount 100,001 - 500,000 baht: Fee 75 baht

    • Withdrawal amount 500,001 - 2,000,000 baht: Fee 200 baht

    • Withdrawal amount exceeding 2,000,000 baht: Unable to process.

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 language

• English

Bitkub Review:  Pros-Cons

Pros

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

• Supports over 142 cryptocurrencies

• Minimum deposit is only 40 baht and there are no additional deposit fees.

• It has an interface designed for ease of use for beginners.

Cons

• Trading fees are quite high, at 0.25% of every trade.

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

• There have been incidents such as temporary service outages and downtimes that have led to fines and suspension of new user registrations.

• This platform does not support Margin or Leverage trading plans, which may be limiting for some traders.

Summary of Bitkub review: Is it good?

BitkubIt is a leading digital asset trading platform in Thailand that is widely recognized. It stands out with a variety of investment products, such as over 142 cryptocurrencies and Bitkub OTC service for high-volume trading. It has a user-friendly interface on both the website and mobile application, with reliable security. It also provides investment knowledge through Bitkub Academy. However, the trading fee of 0.25% per transaction may be considered high compared to foreign platforms, and the digital asset withdrawal fee will vary depending on the status of the blockchain network. Overall, Bitkub is a good choice for beginners and Thai investors who want a comprehensive and secure platform to trade digital assets.

Frequently asked questions about Bitkub

1. What is Bitkub?

Bitkub is Thailand's leading digital asset trading platform, providing digital currency exchange services such as Bitcoin, Ethereum, and Bitkub Coin (KUB) with an easy-to-use and secure trading system.

2. What is Bitkub Academy?

Bitkub Academy is a knowledge resource that provides information on digital assets, blockchain technology, and investment to help investors of all levels understand and develop their investment skills.

3. Where can I see the price of Bitkub Coin (KUB)?

The price of Bitkub Coin (KUB) can be checked in real time on the Bitkub website or application in the trading market section.

4. What are the Bitkub fees?

Bitkub's trading fee is 0.25% per transaction, and digital asset withdrawal fees vary by currency and blockchain network.

5. How reliable is Bitkub Company?

Bitkub Online Co., Ltd. is licensed by the SEC and is one of the leading digital asset companies in Thailand. We are committed to providing transparent and secure services for our users.