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GuideFebruary 1, 2025

How to Withdraw Crypto to Thai Baht 2025 — From Hyperliquid to Thai Bank Accounts

A step-by-step guide on how to withdraw profits from Hyperliquid to a Thai bank account via Bitkub. Includes fee breakdowns and processing times.

Overview — How Does the Money Travel from Hyperliquid to Your Bank Account?

Many wonder how profits earned from trading on Hyperliquid can be converted into Thai Baht. The answer involves 4 main checkpoints: SiamDEX → MetaMask → Bitkub → Bank Account. The entire process takes approximately 30-60 minutes, with total fees around 1 USDC plus a small amount of gas.

Step 1 — Withdraw USDC from SiamDEX Back to MetaMask

Go to siamdex.com and follow these steps:

  • Click the Deposit / Withdraw button at the top right.
  • Select the Withdraw tab.
  • Enter the amount of USDC you wish to withdraw or click MAX.
  • Click Withdraw USDC.
  • MetaMask will pop up; click Sign.
  • Wait approximately 3-5 minutes for the USDC to arrive in your MetaMask.

Fee: Hyperliquid charges 1 USDC per withdrawal. Therefore, it is more efficient to withdraw large amounts at once rather than making frequent small withdrawals.

Step 2 — Transfer USDC from MetaMask to Bitkub

Before transferring, do this crucial step first — Open Bitkub and go to the Deposit page to copy your USDC deposit address on the Arbitrum network. Then:

  • Open MetaMask and ensure the network is set to Arbitrum One.
  • Click Send and paste your Bitkub deposit address.
  • Select the token as USDC.
  • Enter the amount you wish to transfer.
  • Click Confirm — you must have a small amount of ETH in your wallet for gas fees (approx. $0.01-0.10).
  • Wait approximately 5-10 minutes for the USDC to appear in Bitkub.

Very Important: Always select the Arbitrum network. Transferring via the wrong network may result in permanent loss of funds. Bitkub specifically supports USDC on Arbitrum.

Step 3 — Sell USDC for THB on Bitkub

Once the USDC arrives in Bitkub:

  • Go to the Market menu and select the USDC/THB pair.
  • Select Sell, enter the amount of USDC you want to sell.
  • Select Market Order to sell immediately at the current market price.
  • Click Sell — THB will be added to your Bitkub wallet instantly.

The USDC/THB exchange rate is very close to the USD/THB rate. Typically, 1 USDC ≈ 33-35 Baht, depending on the daily rate.

Step 4 — Withdraw Thai Baht to Your Bank Account

  • Go to the Withdrawal menu on Bitkub.
  • Select Withdraw THB.
  • Enter the amount and your bank account details.
  • Click Confirm.
  • Wait approximately 15-30 minutes; funds will be credited to your account (processing may take longer during weekends or holidays).

Total Fee Summary

  • Hyperliquid Withdrawal fee: 1 USDC per transaction.
  • Arbitrum gas fee: Approx. $0.01-0.10 (ETH required in MetaMask).
  • Bitkub trading fee: 0.25% of the total sell value.
  • Bitkub withdrawal fee: Free for transfers via PromptPay.

Example: Withdrawing 1,000 USDC → Total fees approx. 1 USDC + $0.05 gas + 2.5 USDC (0.25% Bitkub) = Total ~3.55 USDC (roughly 120 Baht out of 35,000 Baht), which is very cost-effective.

Fee-Saving Tips

  • Withdraw in bulk rather than frequently, as the Hyperliquid withdrawal fee is fixed at 1 USDC regardless of the amount.
  • Keep ETH in MetaMask at all times, at least $1-2, to cover gas fees.
  • Check Bitkub trading fees periodically, as they occasionally offer fee-reduction promotions.

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