Could you elaborate on the current status of
cryptocurrency exchanges in Thailand, and particularly, identify the largest one? Given the growing popularity of digital currencies in the region, I'm interested in understanding which platform dominates the Thai market in terms of trading volume, user base, and reputation. This information could provide valuable insights into the trends and dynamics of the local crypto landscape.
6 answers
Marco
Thu Jul 18 2024
This dominance is further emphasized by its annual trading volume, which reached a staggering $28.6 billion in 2022.
VoyagerSoul
Thu Jul 18 2024
Bitkub stands as the preeminent cryptocurrency exchange in Thailand, boasting a market share of 75.4% across the top four centralized crypto exchanges in the country.
Valentina
Wed Jul 17 2024
In contrast, Bitkub's closest rival, Zipmex, managed to generate an annual trading volume of $5.6 billion.
JessicaMiller
Wed Jul 17 2024
The disparity in trading volumes between the two platforms is significant, with Bitkub leading by a whopping $23 billion.
Martina
Wed Jul 17 2024
This massive lead solidifies Bitkub's position as the undisputed leader in the Thai cryptocurrency market.