Binance Thailand Starts Operations

According to a statement from the company, Binance has officially launched its trading and brokerage operations in Thailand. Users on the Binance TH platform can now buy and sell various cryptocurrencies using the local currency.

The Thai exchange is operated as a joint venture between Binance and Gulf Energy Holdings, owned by Thai billionaire Sarath Ratanawadi.

The platform’s order book is integrated with Binance Kazakhstan. Gulf Binance’s CEO Nirun Phuwattananukul stated that the exchange has worked closely with Thai regulators to ensure a secure and reliable platform for users.

Binance’s CEO, Richard Teng, also expressed their confidence in Thailand’s role as a major player in the global digital finance landscape.