After having published the “How to buy Bitcoin in Thailand” article there were lots of questions coming in in regards to other cryptocurrencies and how to buy them here. In order to answer those questions, here a quick break down of how to buy litecon, ethereum, omise, ripple and more crypto currencies in Thailand.
The all in one market place. As mentioned in the bitcoin article, bx.in.th is the platform in Thailand that offers the most currencies. I also found it to be the network with the most competitive pricing, at least for now. So once you’re on there you can exchange your THB to lots of different coins. If you want to give it a try, here’s my affiliate link: https://bx.in.th/ref/T2WLA6/
Private Local Exchanges
There are lots of local exchanges out there that offer deals with private buyers and sellers as well. Simply google for ‘local ethereum (or whatever you want to buy)’ exchange and you’ll find one. As an example I tested localethereum.com and the deal with a bkk based seller was completed within an hour of initial contact.
The one thing you should be aware of here is that local, private, sellers don’t always update their asking price right away so if, as it was at the time of writing this article, some currencies are on a downward spiral, private sellers might not have updated their asking price yet and would ask for more than you would pay on a big exchange. Sometimes you get better deals as well though so it’s worth comparing.
Those local exchange possibilities even reach as far as providing you the possibilities to invest in rather unusual cryptocurrencies. That’s just an fyi, and not a recommendation though (if you want to give it a try, here’s the link to potwallet)
I hope that helps a bit. Upcoming articles will focus on mining and other frequently asked questions in regards to cryptocurrencies in Thailand. In the meantime feel free to shout out in the comments if you got your own experience with trading in crypto.
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