Binance TH Review: In‑Depth Look at Thailand’s Leading Crypto Exchange

If you’ve ever wondered whether Binance TH lives up to the hype, you’re not alone. Thailand’s crypto scene exploded after the SEC granted Binance a full digital‑asset licence in 2019, and today the platform boasts over 1.5million Thai users, a 400‑coin roster, and a matching engine that can crank out 1.4million orders per second. This review breaks down the fees, security, trading tools, and customer experience so you can decide if Binance TH is the right fit for your trading style.

Key Takeaways

• Binance TH offers one of the widest crypto selections in Thailand (≈400 assets) and deep liquidity, making it ideal for medium‑to‑large traders.
• Fees are flat at 0.10% for makers and takers, but withdrawal minimums are higher than local rivals.
• Security is strong - 95% of assets sit in cold wallets and 2FA is mandatory - yet past hacks remind users to stay vigilant.
• Customer support runs 9:00‑18:00 ICT only, and Thai‑language help can be slow.
• Regulatory compliance is solid; Binance TH follows Thailand SEC KYC tiers and is preparing local‑language mobile apps for Q42025.

What is Binance TH?

Binance Thailand is the localized arm of the global exchange Binance, founded by Changpeng Zhao (CZ) in 2017. After receiving a full digital‑asset exchange licence from the Thailand SEC in September2019, Binance TH launched a Thai‑centric platform that complies with local AML/KYC rules while still giving users access to the global Binance ecosystem.

Market Position and User Base

According to CryptoSiam’s Q22025 market report, Binance TH holds a 32% share of Thailand’s exchange market, trailing only Bitkub’s 48%. With over 1.5million registered users, the platform processes an average daily THB‑pair volume of US$85million, driven by both retail traders and a growing institutional segment (22% of volume in Q22025).

Trading Selection and Liquidity

Binance TH lists roughly 400 cryptocurrencies, mirroring the global catalog but filtered to meet SEC approvals. Popular Thai‑fiat pairs include BTC/THB, ETH/THB, and USDT/THB. Liquidity is deep - a user on Pantip reported filling a 500,000THB Bitcoin order with barely any slippage on 3May2025. The platform’s order‑matching engine can handle 1.4million orders per second, ensuring executions stay fast even during volatile spikes.

Fee Structure

The fee schedule, updated 1Jan2025, sets a flat 0.10% for both maker and taker trades across all pairs. This is competitive against Bitkub’s tiered 0.20‑0.30% structure. However, withdrawal fees and minimums can bite: Bitcoin withdrawals start at 500THB, whereas Bitkub allows withdrawals as low as 100THB.

Advanced Trading Features

For experienced users, Binance TH offers limit, market, stop‑limit, and OCO orders. Leverage up to 25× is available on select futures contracts, a key differentiator from domestic rivals that still lack robust derivatives. The platform also provides a fully fledged API, which algorithmic traders on Reddit’s r/ThaiCrypto praise for its reliability.

Security Overview

Security.org’s July2025 analysis scores Binance TH’s safeguards highly: 95% of funds reside in cold storage, 2FA is mandatory, and real‑time monitoring catches suspicious activity. Nevertheless, the 2019 Binance.com hack (7,000BTC) reminds users that no centralized exchange is invulnerable. Recent community reports flag a phone‑number‑porting attack in Feb2025, underscoring the need for strong account recovery practices.

KYC and Verification Tiers

All Thai users must complete KYC, which is divided into three tiers:

• Basic - 100,000THB daily withdrawal limit.
• Intermediate - 500,000THB daily limit.
• Advanced - 2,000,000THB daily limit.

The process takes about 15‑20minutes and requires a national ID, mobile number, and bank account verification.

Customer Support and Community Resources

Support is available via email, live chat (9:00‑18:00 ICT), and a physical office in Bangkok opened Jan2025. Average email response time sits at 72hours, while live‑chat wait times average 18minutes. Community‑driven help channels - the official Binance Thailand Telegram (≈42,000 members) and Facebook group (≈28,500 members) - often fill the gaps, sharing tutorials, API tips, and withdrawal troubleshooting.

Educational Content

Binance Academy offers 147 Thai‑language video courses covering basics to advanced trading strategies. As of May2025, the knowledge base contains 1,247 articles, and a library of 150+ video tutorials helps newcomers climb the learning curve, which typically requires 3‑5hours of hands‑on exploration.

Comparison with Bitkub

Binance TH wins on asset variety, fees, and advanced trading, while Bitkub shines for beginners thanks to a simpler UI, faster support, and lower withdrawal thresholds.

Regulatory Landscape

The Thailand SEC tightened KYC rules in Jan2025, prompting a brief 72‑hour service pause while Binance TH updated its verification flow. Looking ahead, a proposed 2% transaction tax slated for Q12026 could shave 15‑20% off trading volumes, according to Binance’s internal impact assessment. Binance’s proactive engagement with regulators-evident in its PromptPay integration and forthcoming tokenized Thai government bond offering-positions it to weather these policy shifts.

Future Roadmap

June2025 announced a roadmap that includes:

• A dedicated Thai‑language mobile app by Q42025.
• Expanded fiat‑on‑ramp options via 7‑Eleven and BigC stores.
• Launch of regulated tokenized Thai government bonds by Q22026.

These moves aim to lock in retail loyalty while attracting institutional investors seeking compliant, tokenized assets.

Pros and Cons Summary

• Pros: Vast crypto catalog, deep liquidity, low flat fees, advanced order types, strong security.
• Cons: Higher withdrawal minimums, limited Thai‑language support hours, missing some local wallets (TrueMoney), steeper learning curve.

Who Should Use Binance TH?

• Advanced traders looking for leverage, futures, and API access.
• Institutional players needing high volume and compliance documentation.
• Retail users who value a huge selection of altcoins and are comfortable navigating a feature‑rich UI.

Who Might Prefer Another Exchange?

If you trade small amounts daily, need 24/7 Thai support, or prefer ultra‑low withdrawal thresholds, Bitkub or SatangPro may suit you better.

Final Verdict

Binance TH isn’t the “best overall” exchange for every Thai trader, but it remains a powerhouse for anyone who prioritizes asset variety, deep liquidity, and advanced tools within a regulated framework. Its security measures are robust, yet users must stay alert to potential hacks and phishing attempts. We rate it 4.3/5 based on the data above.