I hope you’re having a good day. In this video, I will explain to you how to exchange Thai baht to Bitcoin, Ethereum and Bitcoin Cash. This is because we should use -exchange crypto sites (such as: BINANCE, KUCOIN and others) before we auto-trade on CRYPTORG, as we cannot immediately transfer money or exchange Thai baht or any another currency to cryptocurrency.
There are many ways to transfer money to this exchange stock. Some are good, others are not so good. This is because the commission is higher for some of the transfers.
Out of all the available ways to exchange Thai baht to Bitcoin, Ethereum, Bitcoin Cash or other cryptocurrencies, I recommend that you use to site BX IN TH. Why should you use this service? 1) Minimal commissions. 2) The website is all in the Thai language and they have Thai support as well. 3) It transfers quickly and exchanges crypto to Thai money.
Transfer Thai baht to BX IN TH
I taught everyone how to transfer money on BX IN TH in another video : How pay Cryptorg service. I also went through the registration process on BX IN TH in this video: How register on site BX IN TH. You should watch those videos as well. But in this video, I would like to talk in detail about how to exchange Thai baht into cryptocurrency. Let’s begin.
Go to the section “My Funds” (เงินของฉัน), click on the subsection “Deposit” (เงินฝาก), choose your Thai bank account and enter your bank account number, and also enter the amount for the payment. Press on the button “Create deposit” (สร้างรายการฝาก). You should then pay that amount in Thai baht, which will be a good start for trading.
For example, at the moment the exchange rate is $1000 converts to 32000 baht. And BX IN TH also includes some of its own commission. So, in our case we should pay a little bit more and total amount will amount to 32001 Thai baht. You must transfer this exact amount and the system will give you a warning – สำคัญ คุณจะต้องโอนตามจำนวนนี้เท่านั้นมิฉะนั้นทางบริษัทจะไม่ทราบผู้โอน.
After you create your “Deposit” (สร้างรายการฝาก) the site will show you the address of the bank, where you’ll need to transfer your money to. After the payment, be careful that you’ve completed it safely, because system needs to know who paid and send a notification about that – กรุณาอัพโหลดใบสลิปหรือใบแจ้งยอดการโอน. For payments you can use something like, application K + (Kasikorn app).
Open K + on your mobile, go to the transaction section, write your Thai bank account number into BX IN TH, enter in the amount for payment (32001 thai baht) and proceed to send the money. As a result, you get the bill for the payment, which you’ll need to download if you wish to use a crypto exchange stock to convert Thai baht to Bitcoin. You can send the bill to your PC or open BX IN TH from mobile and then download the bill.
So, go back to BX IN TH, choose your preferred way of payment (เลือกประเภทการโอน) and choose ‘via internet banking, online and ATM’ (โอนเงินผ่านธนาคาร/ออนไลน์/ATM) then download the bill from your mobile phone. This is all necessary.
Press the button “Confirm” (การจ่ายเงินสมบูรณ์) and receive notification that ‘your request for payment 32001 Thai baht to the system’ is now in the checking process (การฝาก32001 THB กําลังอยู่ระห่วางตรวจสอบ และคุณจะได้รับ fund ในบัญชีคุณเร็วๆนี้). You should wait for your money to enter your account on BX IN TH. It will take time. you can click the right side to check whether the money has been transferred into your account on BX IN TH.
How to exchange Thai baht to Bitcoin
Now we have 32001 baht in our account on the system but my amount shows that I have 129 baht. This is because I have some money from before and I do not need to add any more right now. Please don’t pay any attention to that, it really makes no difference to what I’m showing you. On the main page you should make a request to exchange Thai baht to Bitcoin. Enter in 32000 baht, and see that the current price that is selling for 1 Bitcoin to Thai baht is 208000.00 baht.
And below you can see 0.15346154, which is the current rate for 32000 baht. It means that 32000 baht equates to 0.15346154 BTC. Next, we’ll enter in the 2-factor Google authentication code and press the botton “Create order” (สร้างออเดอร์). You’ll then get this notification: “Please confirm that your order details are correct: 0.15346154 BTC for 32000 THB”, and then we’ll press the botton “Confirm order” (ยืนยันว่าออเดอร์ถูกต้อง). Now we wait for the process of the Thai baht to Bitcoin exchange to finish. 32000 baht from my account in BX IN TH was withdrawn already and I now only have 129 baht in my balance.
How to exchange Thai baht to Ethereum
But till that moment we will not go further, I would like to tell you about how to exchange Thai baht to another cryptocurrency. For example, Ethereum. To do this you’ve got to click on the button in left upper side of the BX IN TH site, below the logo. Default settings are THB/BTC, as you can see here, but we can choose any other cryptocurrency. Choose Ethereum, and go back to the window for exchanging Thai baht to Ethereum. Enter in 32000 baht, and you’ll be able to see that the current price for selling 1 Ethereum for Thai baht is 6749.00 baht.
And below, you can see 4.72958957 Ethereum, which is the current rate of 32000 baht to Ethereum. It means that 32000 baht = 4.72958957 Ethereum. Next, we’ll enter the 2-factor Google authentication code and press the botton “Create order” (สร้างออเดอร์). You’ll then get this notification – “Please confirm your order details are correct: 4.72958957 Ethereum for 32000 THB”, and we’ll then press the botton “Confirm order” (ยืนยันว่าออเดอร์ถูกต้อง). Now, we wait for the exchange process to be completed. 32000 baht from my account on BX IN TH was withdrawn already and I now only have 129 baht in my balance.
How to exchange Thai baht to cryptocurrency
You will need to complete the exact same process to exchange Thai baht to Bitcoin Cash. Click on the botton “THB/Ethereum”, choose Bitcoin Cash and go back to main the window to exchange it. I forgot to tell you that on the previous page, you will be able to see many other cryptocurrencies and you can choose any one for the exchange, if you wish to do so. The process will same regardless. Enter 32000 baht in here, and you’ll be able to see that the current price for selling 1 Bitcoin Cash for Thai baht is 18466.00 baht.
And below you can see 1.72858226 Bitcoin Cash, which is the exact current rate in exchange for 32000 baht. It means 32000 baht = 1.72858226 Bitcoin Cash. Next, we will enter the 2-factor Google authentication code and press the botton “Create order” (สร้างออเดอร์). You will then get this notification – “Please confirm your order details are correct: 1.72858226 Bitcoin Cash for 32000 THB”, and we will press the botton “Confirm order” (ยืนยันว่าออเดอร์ถูกต้อง). Now, we just need to wait for the exchange process to finish. 32000 baht has already been withdrawn from my account on BX IN TH and so I have only 129 baht in my balance.
Our video lesson has now finished. I explained to you how to transfer Thai money into BX IN TH and how to buy Bitcoin and another cryptocurrency for Thai baht.