Binance Thailand Opens Trading to Public
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Binance and Thailand’s Gulf Innova have announced the launch of their joint venture, Gulf Binance, which will offer crypto exchange and brokerage services to the public in Thailand.
After completing an invite-only test in November, the exchange, called Binance TH, will allow Thai users to trade cryptocurrencies with their local currency.
This move follows the granting of crypto asset exchange and brokerage licenses by the Ministry of Finance in May 2023.
Binance TH has also integrated its orderbook with Binance Kazakhstan, a regulated exchange in Kazakhstan.
Gulf Binance CEO Nirun Fuwattananukul emphasized the company’s collaboration with Thai regulators to ensure a secure and user-friendly platform for Thai users.
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