Here are a few ways you can spend and accept bitcoins in Thailand. Stephanie Rowe, director of business development and marketing at Smiling Albino, said her decision to open Bitcoin payments was for their customers.
She sees the kingdom as one of the early adopters of cryptocurrency, a currency that she believes is only going to grow. There is such a variety of places accepting Bitcoin.
Although there are few options, I suspect the map will grow as more businesses start accepting Bitcoins. There are several rooms in the condominium that allow you to pay your rent using either Bitcoin or ripple. And they also accept Bitcoins. Lastly, there is Pattaya Beer Gardenperhaps one of the first businesses in Thailand to accept Bitcoins. The beer garden offers a selection of beverages and food that you can pay for using Bitcoins. You can also get paid in Bitcoins or the Thai Baht equivalent.
Coin Pay also offers a mobile app so you can accept payments anywhere. Woo Commerce offers Stripe. This section was added on February 3, It was a contribution made by a Thailand Starter Kit team member who trades Bitcoins and other cryptocurrency. Although there are a few cryptocurrency trading platforms in Thailand, Bx. The company has been in operation since and allows registered users to buy and sell various cryptocurrency for Thai baht.
Setting Up an Account The initial registration process for the Bx exchange is quite straightforward, you are simply required to submit your email, username, first and last name. But the verification process gets a bit tricky and somewhat old school. The platform usually takes anywhere between one to twenty-four hours to verify your identity.
Once your identity is verified, you are then required to verify your Thai bank account.