Thailand · PromptPay · THB · Updated 2026-10-28

How to Buy Bitcoin in Thailand with PromptPay

PromptPay turns a phone number into a bank account, which makes THB transfers instant and free. Licensed Thai exchanges accept it directly; on global exchanges you use PromptPay through a P2P merchant. The second route is fine for small amounts, but the merchant step needs care.

Reviewed by the BlokWiki Research Desk · Educational content

  • Licensed local exchanges take PromptPay directly; global ones use P2P.
  • THB 300–500 is enough for a first test order.
  • Check the merchant completion rate before every trade, not just the first one.

Compare exchanges

The exchanges below accept local-currency deposits. The first has the deepest liquidity and is easiest for a first purchase.

1 Binance P2P: PromptPay, bank transfer Spot fee 0.10% Min THB 100 Open account → 2 OKX P2P: PromptPay, bank transfer Spot fee 0.08% Min THB 100 Open account → 3 Gate.io P2P: bank transfer Spot fee 0.20% Min THB 200 Open account → 4 HTX P2P: bank transfer Spot fee 0.20% Min THB 200 Open account →

Referral links — the fee shown is the standard fee, not a markup. Actual rates follow the exchange page.

Step by step

  1. 1

    Open the account

    Register with your email, enable two-factor authentication, and use the referral link on this page so the fee discount is applied from the first trade.

  2. 2

    Verify your identity

    Use a Thai national ID or passport and complete the liveness selfie. The name must match the bank account behind your PromptPay number.

    Identity verification: choose residence and document type Upload your ID and complete the liveness check
    Interface illustration · Source: Binance Help Center
  3. 3

    Buy USDT with PromptPay

    In P2P, filter THB and PromptPay, pick a verified merchant, scan the QR and pay the exact amount. Mark the order as paid and wait for confirmation before releasing anything.

    In-app Buy / Deposit entry
    Interface illustration · Source: Binance Help Center
  4. 4

    Convert to Bitcoin

    Place a spot market order for BTC/USDT. Avoid converting through several pairs on the first purchase.

  5. 5

    Withdraw to self-custody

    Move long-term holdings off the exchange. Always send a test amount first.

What else you can buy

The account and funding steps are identical — just change the coin in the last step.

Ethereum Ethereum ETH View → Tether Tether USDT View → USDC USDC USDC View →

Payment methods and limits

Swipe the table sideways to see all columns

MethodSpeedCostMinimumNotes
PromptPay Instant 0% exchange fee; merchant spread 0.5–1.5% THB 100 Scan the QR in P2P
TrueMoney Wallet Instant 0% exchange fee; merchant spread 0.5–2% THB 100 Fewer merchants
Bank transfer Minutes 0% THB 100 Fallback

Fees at a glance

Swipe the table sideways to see all columns

ExchangeDeposit methodSpot feeMinimum order
Binance P2P: PromptPay, bank transfer 0.10% THB 100 Open →
OKX P2P: PromptPay, bank transfer 0.08% THB 100 Open →
Gate.io P2P: bank transfer 0.20% THB 200 Open →
HTX P2P: bank transfer 0.20% THB 200 Open →

Fees and rules checked on 2026-10-28 · Sources: Binance fee scheduleOKX feesGate.io feesHTX fees · SEC Thailand

KYC checklist

  • Thai national ID or passport, all corners visible, no glare.
  • Selfie with liveness check; remove glasses and hats.
  • Name must match the bank account linked to PromptPay.
  • Address in the app should match your ID or residence permit.
  • Rejected once? Wait a day; repeated submissions can freeze the account.

P2P safety checklist

  • Pay only the account shown on the order page. Anyone asking you to switch accounts is scamming you.
  • Never cancel an order after paying — cancelling removes platform arbitration protection.
  • Do not move the trade to WhatsApp or Telegram; keep every message and receipt inside the order.
  • A payment screenshot is not proof of arrival. Confirm the balance in your own bank or wallet app.

Frequently asked questions

Can I use PromptPay on a global exchange?

Not as a direct deposit. Global exchanges settle THB through P2P merchants who accept PromptPay. Licensed Thai exchanges support it directly.

Is crypto legal in Thailand?

Digital asset businesses are licensed by the SEC, and trading through licensed platforms is legal. P2P is widely used but carries counterparty risk.

What about tax?

Gains may be subject to withholding and personal income tax depending on how you trade. Keep records and confirm the current treatment with the Revenue Department or an accountant.

Keep reading

Other markets

Nigeria · Bank transfer Argentina · Mercado Pago Mexico · SPEI Turkey · Bank transfer / Papara

Local regulated platforms (neutral)

Bitkub Bitazza

Local licensed platforms are listed for reference only. No referral links.

Crypto assets are volatile and trading can result in the loss of your capital. P2P payments are irreversible; verify the merchant before paying. This page is educational and is not investment advice.

Regulation and tax rules change — verify the current requirements locally before trading.