How to Trade Crypto in Thailand 2025 for Beginners — No KYC Required

How to Start Trading Crypto in Thailand?

Many believe that crypto trading must be complex, requires vast knowledge, or involves opening difficult accounts with foreign brokers. The truth is, in 2025, Thais can start trading on global markets in 4 simple steps.

Step 1 — Open a Bitkub Account and Buy USDC

Bitkub is a Thai crypto exchange that supports buying USDC with Thai Baht. What you need to do:

• Sign up for a Bitkub account (KYC is required here as it is a registered Thai exchange).
• Deposit Thai Baht into Bitkub via PromptPay or bank transfer.
• Buy USDC — a stablecoin with a value pegged 1:1 to the US Dollar.

Why USDC? Because Hyperliquid accepts USDC as collateral for trading, and USDC is not as volatile as standard cryptocurrencies.

Step 2 — Install MetaMask

MetaMask is a browser-based crypto wallet used to connect to SiamDEX. The most critical part is keeping your Secret Recovery Phrase (Seed Phrase) safe. Write it down on paper and store it securely; never take a photo or save it on your phone.

Step 3 — Transfer USDC to MetaMask via Arbitrum

This is where people often get confused — you must select the Arbitrum One Network. Do not use the Ethereum mainnet, as gas fees are very expensive. How to do it:

• Go to the Withdraw page on Bitkub and select USDC.
• Select Network: Arbitrum One (ARB).
• Paste your MetaMask address.
• Wait approximately 5-15 minutes for the USDC to appear in your MetaMask.

Step 4 — Deposit to SiamDEX and Start Trading

Go to siamdex.com and connect your MetaMask, then:

• Click Deposit / Withdraw and select "Deposit".
• Enter the amount of USDC you wish to deposit (minimum 5 USDC).
• Complete the one-time "Setup Trading" (sign twice in MetaMask).
• Select the asset you want to trade from the Asset Selector.
• Click Long or Short, set your leverage, and Place Order.

What Can Beginners Trade?

For beginners, we recommend starting with these assets:

• BTC — The least volatile in the crypto group, moving based on macro trends.
• ETH — Similar to BTC but slightly more volatile.
• GOLD (HIP-3) — Global gold prices, much less volatile than crypto.
• SP500 (HIP-3) — The US stock index, ideal for macro trading.

How Much Leverage Should Beginners Use?

Advice for beginners: No more than 3x. The reason is that 3x leverage means if the price moves 33% against you, you will face liquidation and lose your entire margin. The higher the leverage, the closer the liquidation price is to the current price.

How to Withdraw Profits Back to Baht?

When you want to withdraw your money, follow these steps:

• Withdraw USDC from SiamDEX back to your MetaMask (fee is 1 USDC).
• Transfer USDC from MetaMask to Bitkub, ensuring you select the Arbitrum Network.
• Sell USDC for THB on Bitkub.
• Transfer Thai Baht to your bank account.

The entire process takes about 30-60 minutes.

What Beginners Must Watch Out For

• Liquidation — If you use high leverage and the price moves against you, you could lose your entire margin.
• Seed Phrase — Never share it with anyone. If you lose it, the money in your wallet is gone forever.
• Wrong Network — When transferring USDC, always select Arbitrum, not Ethereum.
• Start Small — Start with an amount you can afford to lose, not essential living funds.