Coins.co.th Review: Is Coins.co.th Good?
Overview and general information
Coins.co.th is one of the oldest cryptocurrency exchanges in Thailand, founded in 2014 with the main goal of providing easy and secure access to crypto for users. It stands out for its comprehensive support for Thai language transactions and its full support for users in Thailand.
Is Coins.co.th safe?
Coins.co.th has high-level security measures in place to protect its users:
2FA (Two-Factor Authentication):Prevent unauthorized account access
Cold Storage:Keep most of your assets in a cold wallet that is not connected to the internet.
KYC Verification:Strict identity verification for security
Coins.co.th has no history of hacking or major security incidents, which reinforces trust in the platform.
Licensing and Regulation
If you ask whether the broker Coins.co.th is good or not, you have to start by considering the license factor first, which has the following licenses:
Coins.co.th is regulated by the Securities and Exchange Commission, Thailand (SEC), which is considered the highest regulatory standard in the country.
License number 110180010002 Type: Trader (Crypto)
License number 210180010001, Brokerage type (Crypto)
Products and services
Core products and services
Trading Digital Assets:Users can buy and sell cryptocurrencies such as Bitcoin and Ethereum 24 hours a day with no transaction fees via the Thai Baht Wallet.
Digital Wallet:Provides a secure digital wallet service for storing and managing users' digital assets.
Digital money transfer:Users can transfer and receive cryptocurrencies from other wallets around the world, anytime, anywhere.
Deposits and Withdrawals:Supports deposits via major banks in Thailand, such as Kasikorn Bank, Bangkok Bank, Siam Commercial Bank, and Bank of Ayudhya, via various channels such as ATM transfers, internet banking, bank counter deposits, and automatic cash deposit machines.
Receive cash without a bank account:Users can receive cash through some banks without having a bank account, such as Bangkok Bank, Bank of Ayudhya, and Siam Commercial Bank.
Coins Academy:A learning platform that provides knowledge about cryptocurrencies and investments to enhance users’ understanding and skills.
Trading Platform
Coins.co.th is a digital asset exchange platform operating in Thailand, with applications for iOS and Android devices that allow users to buy, sell, and store cryptocurrencies conveniently and securely.
Platform Features
Digital Asset Trading:Users can buy and sell cryptocurrencies such as Bitcoin without fees via the Thai Baht Wallet.
Digital Wallet:Provides a secure wallet service for storing and managing digital assets.
Deposits and Withdrawals:Support deposits and withdrawals via major banks in Thailand, such as Kasikorn Bank, Bangkok Bank, and Siam Commercial Bank.
Coins Academy:A learning resource about cryptocurrency and investment to enhance users' knowledge.
Deposits and Withdrawals
Coins.co.th is a platform that provides deposit and withdrawal services for cryptocurrency trading in Thailand, with various steps and channels for the convenience of users.
Deposit (Cash In)
Login to your Coins.co.th account:Log in via website or application
Select the "Deposit" menu:In the "My Wallet" page, select "Deposit" or "Buy".
Select a deposit channel:Coins.co.th supports deposits via major banks in Thailand, such as:
Supported banks include Kasikornbank, Bangkok Bank, Siam Commercial Bank, and Bank of Ayudhya.
Enter the amount and confirm the deposit:Enter the amount you wish to deposit and follow the steps as instructed by the system.
Upload proof of payment:After transferring money, upload a slip or proof of transfer to confirm the transaction.
Cash Out
Login to your Coins.co.th account:Log in via website or application
Select the "Withdraw" menu:In the "My Wallet" page, select "Withdraw" or "Sell".
Select a payment channel:Coins.co.th supports withdrawals via various banks in Thailand, such as:
Banks that support cash withdrawals include Bangkok Bank, Bank of Ayudhya (Krungsri Quick), and Siam Commercial Bank.
Enter the amount and confirm the withdrawal:Enter the amount you want to withdraw and follow the steps as instructed by the system.
Waiting for processing:After confirming the withdrawal, the system will process and notify you when the transaction is complete.
Note:
fee:Deposit and withdrawal fees may vary depending on the selected channel. Please check the fee details before making a transaction.
Processing time:Deposit and withdrawal processing times may vary depending on the channel and bank used.
Support and Customer Service
Our customer support team is available 24 hours a day through the following channels:
Email For customer support : [email protected]
Email For customer complaint : [email protected]
Phone : (+66) 2-038-5038
Line : @coins.co.th
Live Chat from the website https://coins.co.th
Coins.co.th Review: Pros and Cons
Pros
It is moderately regulated and has a high level of credibility.
There is a customer service center that responds quickly.
Support deposits and withdrawals via major banks in Thailand
Easy to use for beginners
Cons
Security and privacy concerns in identity verification
The identity verification process can be complex and time-consuming.
There are no in-depth reviews on high-level technical security yet.
Review Summary: Is Coins.co.th Good?
Coins.co.th is a decent cryptocurrency exchange for beginners. With a medium to high level of reliability, multi-channel customer support, and support for deposits and withdrawals via major Thai banks, it is easy to use and accessible. However, there are concerns about the complex verification process and privacy of user data. Despite its security measures, there is a lack of in-depth reviews on the high level of data protection. Overall, Coins.co.th is suitable for those who want to start investing in digital assets in Thailand.
Frequently Asked Questions about Coins.co.th
What is Coins.co.th?
Is Coins.co.th safe?
How do I deposit and withdraw money on Coins.co.th?
