In this article, I’ll will on How to Buy Crypto with Bangkok Bank. My goal is to make this process as easy and safe as possible.
I’ll cover everything from linking your bank account, selecting a trustworthy exchange, and buying your first cryptocurrency.
You’ll also find useful information on the various tips, charges, and safe practices on investing with Bangkok Bank in Bitcoin, Ethereum, and other digital currencies.
Understanding Bangkok Bank
Founded in 1944 by Chin Sophonpanich, Bangkok Bank is the largest bank in Thailand, and the 6th largest bank in South East Asia. Bangkok Bank is headquartered in Bangkok where it also has over 1,100 branches.
Bangkok Bank also has 32 branches in 15 different countries which include the U.S, U.K. and China. Bangkok Bank is listed in the Stock Exchange of Thailand since 1975.
Bangkok Bank provides a wide range of financial services which incorporates corporate, commercial, retail, investment, and international services.
Bangkok Bank has over 17 million customers, and it has advanced digital banking services. Bangkok Bank symbolizes strength and resilience, and is represented by a lotus logo. Of the many symbols, Bangkok Bank has a royal warrant of appointment.
How to Buy Crypto with Bangkok Bank
Follow this simple guide on how to buy cryptocurrency using Bangkok Bank:
Step 1: Choose a Cryptocurrency Exchange
Look for a reliable exchange which accepts Thai Baht (THB) deposits from Bangkok Bank, such as Bitkub, Satang Pro, or Binance.
Step 2: Create and Verify Your Account
Sign up on the exchange and complete KYC verification by submitting your ID, proof of address, and a selfie as required.
Step 3: Link Your Bangkok Bank Account
Go to the deposit section and add your Bangkok Bank account. Your bank account name and your exchange account name has to match.
Step 4: Deposit THB into the Exchange
From the Bangkok Bank account, complete a bank transfer to the exchange. Use FAST transfer to prevent delays. Review any deposit fees.
Step 5: Buy Cryptocurrency
Wait until your THB is available and choose the cryptocurrency (Bitcoin or Ethereum) you want to buy. Enter the amount you wish to buy and confirm your order.
Step 6: Secure Your Crypto
If you will not be trading your cryptocurrency, transfer it to a personal wallet. Otherwise, you can leave it on the exchange.
Best Place Where to Buy Crypto with Bangkok Bank
Satang Pro
Satang Pro is one of Thailand’s biggest cryptocurrency exchanges and an easy go-to for buying crypto with Bangkok Bank because of how easily integrated with the local banking systems.
Satang Pro is one of the few exchanges that allow direct THB deposits from Bangkok Bank accounts which guarantees fast, safe, and easy deposits. Satang Pro’s user interfaces is easy and safe for even the most beginner of crypto traders.
Features such as 2-step authentication and a range of other tools help keep your money safe. On top of that, Satang Pro has a low price for the range of cryptos you can purchase making it safe and reliable platform.
Zipmex
In Thailand, Zipmex stands as a reliable cryptocurrency exchange, facilitating effortless and effective crypto purchases with Bangkok Bank. Its direct THB deposits from Bangkok Bank accounts are quick and reliable, making it even more attractive.
Zipmex offers superb trading tools while protecting user accounts with two-factor authentication and cold storage of crypto, which most exchanges do not offer.
This gives traders a sense of safety. Its competitive trading charges are suitable for traders of all levels. Zipmex’s compatibility with Bangkok Bank offers convenience and safety to investors in Thailand.
Prerequisites for Buying Crypto
Bangkok Bank Account – Ensure that you have a fully verified Bangkok Bank account in your name.
Cryptocurrency Exchange Account – Sign up with a reputable exchange that accepts your THB deposit, whether that’s Bitkub, Satang Pro, or Binance.
KYC Verification – Verify your account on the exchange by submitting your government-issued ID, proof of your residence, and a selfie.
Readily Available Funds – Ensure that you have some THB in your Bangkok Bank account that covers the deposit and hang on to any transaction and service fees.
Internet Banking or Mobile Banking Access – To make banking transfers easily and securely.
Crypto Wallet (Optional but Recommended) – To keep your crypto safe in offline storage or in a wallet that you fully trust.
Security Tips
Enable 2FA
Protect your accounts on the exchange and your bank with two-factor authentication.
Use Different Complex Passwords
Ensure you don’t use the same password for different accounts.
Verify the Exchange is Legitimate
Only use trustworthy and regulated crypto exchanges for transactions.
Keep Private Keys to Yourself
If you have a personal crypto wallet, never share your private keys.
Do Not Fall for Phishing Scams
Clicking suspicious links and providing sensitive information is dangerous.
Check Account Activity Frequently
Make sure there are no unauthorized transactions on your bank and exchange accounts.
Use a Hardware Wallet for Large Holdings
Safely store your crypto offline to keep it secure for long-term storage.
Fees and Limits
Bank Transfer Fees – Bangkok Bank may charge a small fee for FAST or standard transfers to crypto exchanges.
Deposit Limits – Daily or monthly deposit limits depend on your Bangkok Bank account type and exchange policies.
Exchange Trading Fees – Exchanges charge a percentage fee per trade (usually 0.1%–0.5%).
Withdrawal Fees – Transferring crypto from the exchange to an external wallet may incur network fees.
Currency Conversion Fees – Converting THB to stablecoins or other currencies may include additional charges.
Minimum Purchase Limits – Most exchanges require a minimum amount per transaction, e.g., 100 THB.
Alternatives and Additional Tips
Other Thai Banks
Siam Commercial Bank, Krungthai Bank, and Kasikorn Bank also support crypto deposits on local exchanges.
E-Wallets and Payment Services
Use services like TrueMoney Wallet or PromptPay for faster deposits to exchanges.
Peer-to-Peer (P2P) Trading
Buy crypto directly from other users through P2P platforms supported by Bangkok Bank.
Start Small
Begin with small amounts to understand the process and to minimize risk.
Stay Updated on Regulations
Follow Thai SEC guidelines and bank policies to ensure compliance.
Use Secure Platforms
Only transact on trusted exchanges and avoid unknown platforms.
Pros & Cons
| Pros | Cons |
|---|---|
| Trusted and widely used bank in Thailand | Bank transfer processing may take time depending on the method |
| Supports THB deposits to local and international exchanges | Some exchanges charge deposit or trading fees |
| Secure and regulated banking environment | Limited direct crypto services (requires third-party exchanges) |
| Easy access via online and mobile banking | Daily and monthly transfer limits may apply |
| Compatible with most major Thai crypto exchanges | Currency conversion fees may apply when trading certain crypto pairs |
| Ability to use P2P platforms for buying crypto | Beginners may need guidance for first-time transactions |
Conclusion
Purchasing cryptocurrency using Bangkok Bank is one of the most straightforward options to enter the Thai crypto market.
By selecting a reliable exchange, completing KYC, linking your Bangkok Bank account, and following the recommended security practices, you will be able to deposit your THB and buy crypto such as Bitcoin or Ethereum.
Make sure to understand the fees and limits and check the applicable regulations. For security, it is strongly recommended to transfer crypto to your personal wallet.
Bangkok Bank has simplified the process of buying crypto; it is as safe and convenient as it gets for beginners and even seasoned investors.
FAQ
How long does it take to deposit THB from Bangkok Bank?
Using FAST transfer, deposits are usually instant. Standard bank transfers may take 1–2 business days.
Which exchanges support Bangkok Bank deposits?
Popular exchanges include Bitkub, Satang Pro, Binance, and other local or international platforms supporting Thai Baht transfers.
Can I buy crypto directly through Bangkok Bank?
No, Bangkok Bank does not sell cryptocurrency directly. You need to use a cryptocurrency exchange that accepts THB deposits.
What is the minimum amount I can buy?
Most exchanges allow purchases starting from 100 THB, but it depends on the platform.
