Gulf Binance, a joint venture between Binance and Thailand's Gulf Energy, has officially launched Binance TH - a fully regulated digital asset trading platform designed specifically for Thai users. This marks a significant milestone in Thailand's crypto adoption journey.
Key Features of Binance TH
- 🇹🇭 Local currency support: Direct THB deposits/withdrawals through integrated Thai banking partners
- 🔄 Seamless crypto trading: Dedicated order book optimized for THB trading pairs
- 🛡️ Regulatory compliance: Operates under Thailand SEC authorization
- 🌐 Global liquidity: Order book integration with Binance Kazakhstan
Partnership Background
The platform results from strategic collaboration between:
- Binance Capital Management (Binance's subsidiary)
- Gulf Innova (Gulf Energy's subsidiary)
This partnership secured:
- Digital Asset Exchange license (May 2023)
- Digital Asset Broker license
👉 Learn how Binance expands globally through strategic partnerships
Executive Perspectives
Nirun Fuwattananukul, Gulf Binance CEO:
"After a year of meticulous planning with Thai regulators, we're proud to launch a platform combining verified security technology with user-friendly design. Our commitment extends beyond trading - we aim to foster trust and innovation in Thailand's blockchain community."
Richard Teng, Binance CEO:
"Binance TH represents our commitment to safety, transparency, and quality service. Blockchain technology can drive financial inclusion, and we're honored to contribute to Thailand's digital economy transformation."
Aligning with Thailand's Digital Vision
Binance TH supports Thailand 4.0 economic strategy by:
- Accelerating digital innovation
- Providing compliant infrastructure
- Combining Binance's blockchain expertise with Gulf's local resources
Frequently Asked Questions
How do I deposit THB into Binance TH?
The platform offers instant THB transfers through integrated Thai bank accounts. Simply link your local bank account for seamless transactions.
Is Binance TH different from global Binance?
Yes, Binance TH operates as a separate entity specifically licensed for Thai users, with localized features and THB trading pairs while maintaining access to global liquidity.
What cryptocurrencies can I trade?
While exact listings aren't specified, the platform supports major cryptocurrencies with THB trading pairs. Official announcements will detail available assets.
👉 Discover secure crypto trading platforms
How does regulation protect users?
Operating under Thailand SEC oversight means:
- Regular financial audits
- Compliance with anti-money laundering laws
- User fund protection measures
Can foreigners use Binance TH?
Currently optimized for Thai residents with local bank accounts. International users may need to use global Binance platforms.
Disclaimer: This content provides market information only. All materials and opinions are for reference purposes and don't constitute investment advice. Investors should make independent decisions, and neither the author nor affiliated parties assume responsibility for any direct/indirect losses resulting from investment activities.