BX.in.th is a Thailand-based exchange by Bitcoin Co. Ltd., a company that has been providing services Bitcoin and other crypto-currency, such as Ethereum, Ripple and ICO tokens, since 2013. Through BX.in.th, users can buy and sell Bitcoin and other cryptocurrencies for THB.
BX.in.th is a Bitcoin and Alt-coin exchange platform operated by Bitcoin Co. Ltd. (https://bitcoin.co.th) in Thailand. The exchange offers Thai Baht fiat trading and wide range of alt-coins.
BX Thailand Is a one of the major crypto-exchanges in Thailand. It allows locals access to Bitcoin and other digital coins via Thai Baht and also to trade one digital coin against another. Like most cryptocurrencies, BX Thailand offers a single account type with no margin trading option. There is Two-Factor authentication available at this exchange, as well as a wallet.
How To Start With BX.in.th
To start trading with BX.in.th, Indian residents first have to sign up for an account by following the steps below.
Step 1. Click on the “Login/Signup” link on the top right hand corner of the BX.in.th website.
Step 2. In the form, fill in your first name, last name, mobile number, email ID and password.
Step 3. If you have a referral code, enter the code while creating your account.
Step 4. Submit the form and wait for an activation email to be sent to you.
Step 5. Click on the “confirm email” link in the activation email.
Step 6. After your account is activated, you’ll be sent a 6 digit one time password (OTP), which you have to enter after logging into your BX.in.th account.
BX.in.th take security very seriously and take a range of precautions including:
Two-Factor authentication available (and recommended)
Company owners are the only people with physical access to the wallet servers
Wallets servers utilize full disk encryption and allow no incoming outside connections
Website frontend does not run on the same servers as the wallet servers
Website frontend never has direct access to the wallet servers
80-90% of funds in offline cold storage
All large withdraws are manually processed and checked by humans
All code was written in-house by our own staff; we did not use any other existing exchange software. As such we know our code inside and out; line by line.
In addition to security measures we also operate as a full reserve, and will always keep 100% of deposited funds. We will never use these funds to any other purposes.
The standard fee is 0.25% per trade. This amount is always charged on the primary currency of the trading pairing. In most cases that means the fees are charged in BTC.
Fees are automatically deducted at the time the trade is executed. There are no fees charged at the time of created an order, and if you cancel the order no trade fees are charged at all.
Most deposits are free, however we charge fees on some currencies for very small deposit amounts. If you deposit more than the minimum deposit amount then you will not be charged any fee.
Fee for Under Minimum
Deposits on all other currencies not listed above are free. Note that if you deposit less than the fee amount your entire deposit will be used to pay the fee.
Standard Withdrawal Fee
Preferred Trader Fee*
20.00 THB + 10.00 THB per 10,000.00 THB
2Factor Authentication (or 2FA)?
BX.in.th allow you to enable 2FA on your account by installing an authenticator app (such as Google Authenticator) on your phone.
The authenticator app will generate a new 6 digit code every 30 seconds, each time you login you must enter this code.
This greatly increases the security of your account because if your email is hacked into, or your password is compromised, the hacker will still not be able to get into your account because they need the code from your phone too.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.