KuCoin, a global cryptocurrency exchange, has launched KuCoin Thailand this week. The new platform is a fully licensed digital token and cryptocurrency exchange.
It operates under the supervision of Thailand’s SEC. After an invite‑only phase, all eligible users in Thailand can now sign up. The move aims to offer fast, secure, and easy crypto trading for Thai investors.
Regulation and Security
KuCoin Thailand is the first local exchange under the KuCoin brand to meet Thailand’s strict rules. The platform runs on KuCoin’s global technology, which earned SOC 2 Type II and ISO 27001 certifications.
These awards show that KuCoin follows high standards for data protection and system safety. By working with the SEC, KuCoin Thailand gives users peace of mind that it meets local laws.
Tailored for Thai Users
The new exchange adds features made for the Thai market. It lets users buy and sell crypto with Thai Baht. This on‑ramp and off‑ramp service makes it simple to move money between bank accounts and crypto wallets.
The website and app use local language and design, so newcomers can trade without confusion. KuCoin Thailand also keeps the same fast matching engine that powers its global platform.
Group Structure and Partnership
KuCoin Thailand is run by ERX Company Limited. This local partner blends KuCoin’s global reach with deep knowledge of Thailand’s rules.
By working with ERX, KuCoin ensures it follows every requirement set by regulators. This joint setup helps the exchange grow in Thailand while staying fully compliant.
Expanding Crypto Payments
Beyond the trading platform, KuCoin’s payment arm is also growing. KuCoin Pay has teamed up with AEON to boost crypto payments in Southeast Asia, Africa and Latin America.
The deal links AEON’s Web3 mobile payment tools with KuCoin Pay’s network. This partnership will help more people spend digital assets in everyday life.
Thailand’s Crypto Scene
Thailand leads Southeast Asia in crypto adoption. In 2023, about 18% of Thai citizens used some form of digital currency. The government plans to let tourists spend crypto via credit cards soon. Such steps aim to deepen Thailand’s digital asset ecosystem and draw more global users.
KuCoin says this launch marks a key step in its global compliance journey. From registering with India’s FIU to opening a local hub in Thailand, the exchange keeps pushing into new markets.
The team hopes KuCoin Thailand will bring secure and easy crypto services to users right where they are.
Also Read: KuCoin Launches $2 Billion “Trust Project” to Enhance Crypto Market Safety