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Is it legal to buy bitcoin in Thailand?

avatarJim RensDec 18, 2021 · 3 years ago3 answers

I'm interested in buying bitcoin in Thailand, but I'm not sure about the legal implications. Can anyone tell me if it's legal to buy bitcoin in Thailand?

Is it legal to buy bitcoin in Thailand?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, it is legal to buy bitcoin in Thailand. The Thai government has recognized bitcoin as a legal form of payment since 2018. However, it's important to comply with the regulations set by the Thai Securities and Exchange Commission (SEC) to ensure a smooth and legal transaction.
  • avatarDec 18, 2021 · 3 years ago
    Buying bitcoin in Thailand is completely legal. The government has taken a positive stance towards cryptocurrencies and has implemented regulations to protect investors. Just make sure to choose a reputable exchange and follow the necessary procedures to stay compliant.
  • avatarDec 18, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that it is indeed legal to buy bitcoin in Thailand. However, it's crucial to conduct thorough research and choose a reliable exchange platform to ensure the security of your funds. BYDFi, a leading cryptocurrency exchange, offers a user-friendly interface and top-notch security features for a seamless trading experience.