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How to buy Bitcoin with Krungthai Bank

How to buy Bitcoin with Krungthai Bank

Karen Tren
Fact Checked
Nov 6, 2022

Summary: Krungthai Bank users cannot directly buy cryptocurrencies on the banking platform but can use their bank accounts to buy Bitcoin and other crypto. The best way to buy crypto with a Krungthai bank account is through eToro, a multi-asset investing platform.

Table of Contents

Best Crypto Broker for Krungthai Bank

Platform Highlights

  • Fast and Cheap Thai Baht (THB) deposits from Krungthai Bank accounts in Thailand.
  • Licensed by Financial Regulators in Thailand to offer a secure and regulated trading platform.
  • Trade 80+ Cryptos and over 8,000 Stocks, ETFs, Currencies and Commodities.

Does Krungthai Bank offer Crypto?

Unfortunately Krungthai Bank account holders cannot buy cryptocurrencies on the banking platform. However, there are secure alternative methods to purchasing crypto with a Krungthai bank account. Simply connect it to a regulated and licensed cryptocurrency exchange like eToro.

eToro is the worlds only multi-asset trading platform and users can invest in commodities, currencies, stocks, ETFs, cryptocurrencies and indices on the exchange. In addition to having multiple asset classes, it is the oldest cryptocurrency exchange and has been around since 2007 proving it's battle tested and has high security.

How to buy Bitcoin with Krungthai Bank account

As mentioned above, the easiest way to buy Bitcoin and cryptocurrencies with a Krungthai Bank account is by going through a licensed exchange in Thailand. We recommend the eToro platform who are regulated by financial authorities in Thailand and offer fast Thai Baht (THB) deposits to trade a wide variety of crypto assets.

You can follow the simple 4 step guide below to get started.

  1. Sign up to eToro and verify your identity.
  2. Click 'Deposit Funds' on the home page and deposit money to your eToro account from your Krungthai banking app or via credit/debit card.
  3. Search for 'Bitcoin' in the search bar and press 'Trade'.
  4. Enter the amount of Bitcoin you want to buy and select 'Open Trade'.
How to buy Bitcoin with Krungthai Bank.
How to buy Bitcoin with Krungthai Bank.

Is it Legal to Buy Crypto in Thailand?

Yes, it is completely to sell, buy and hold cryptocurrencies in Thailand when you use a secure, regulated and licensed exchange. Krungthai bank is also crypto-friendly and has nothing stated in its policies that would prohibit its users from investing in digital assets. Krungthai bank account holders should not be concerned when transferring money to eToro.

About Krungthai Bank

Krungthai Bank is one of the largest banks in Thailand. It offers a wide range of banking services including savings accounts, personal loans, and corporate banking. The bank has over 1,000 branches across the country and employs more than 10,000 people.

Krungthai Bank Home Page.

The bank was founded in 1966 and is headquartered in Bangkok. Krungthai Bank is a public company listed on the Stock Exchange of Thailand. Krungthai Bank has a strong focus on customer service and offers 24-hour call center support. The bank also has an extensive ATM network with over 4,000 machines nationwide.

Krungthai Bank is committed to social responsibility and participates in numerous community initiatives. The bank has also received recognition for its environmental sustainability efforts. Krungthai Bank was named the "Best Commercial Bank in Thailand" by Euromoney in 2022.

Karen Tren

Full-time writer and cryptocurrency newbie! Learning about NFTs, DeFi and GameFi with my research and writing for BuyBitcoinBank.

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