Binance announced the launch of crypto exchange Binance Thailand, a joint venture with Gulf Innova, a subsidiary of Gulf Energy Development.
Binance Begins Operation in Thailand
The platform is now open for trading, marking a significant milestone in the country's digital finance environment.
Gulf Binance CEO Nirun Fuwattanukul expressed his gratitude and excitement about the launch.
“We are extremely honored to finally announce that our local platform has gone public in Thailand. We have worked closely with Thai regulators over the past year and devoted great effort to detailed planning,” he said.
Binance TH offers digital asset exchange services with Thai baht trading pairs. It integrates with local banks in Thailand and partners with Binance Kazakhstan for brokerage services under the supervision of the Thai SEC.
Binance CEO Richard Teng emphasized the company's commitment to security, transparency and service quality:
“As our Thai joint venture Binance TH becomes fully operational to the general public in Thailand, we will continue our unwavering commitment to security, transparency and quality of service.
“Blockchain technology and digital assets have the power to enable financial inclusion,” he said.
*This is not investment advice.