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Bitkub

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BitkubBitkub
Type
Private
IndustryFinancial services
Founded2018
FounderAtthakrit Chimplapibul, Topp Jirayut Srupsrisopa, Atichanan Pulges, Sakolkorn Sakavee, Sugrit Phutaviriya
Defunct
HeadquartersBangkok, Thailand
Area served
Worldwide
Key people
Jirayut Srupsrisopa, Sakolkorn Sakavee
ProductsCryptocurrency exchange
Members
Number of employees
Websitewww.bitkub.com/
address
telephone

Bitkub is a digital asset and cryptocurrency exchange company based in Bangkok, Thailand.[1][2]

History[edit]

Bitkub was founded in Thailand in February 2018 with a valuation of 525 million baht (≈ 17 mln USD) and investment from Total Access Communication Plc, DTAC Accelerate and SEAx.[3] The company raised a total of $1.67m in pre-Series A round.[4]

In October 2018, Bitkub as an exchange received the permission to operate the business until further notice.[5] As at November 2018, the exchange had over 20,000 user accounts and was providing 6 cryptocurrencies trading pairs including Bitcoin, Ethereum, Cardano, OmiseGo, Wanchain and Bitcoin Cash against Thai Baht.[6] The company planned to launch 20 more cryptocurrencies with a total 26 cryptocurrencies to the platform.[6]

In January 2019, the company received cryptocurrency and digital token exchange license to operate from the Thai Ministry of Finance.[7]

In January 2020, Bitkub entered into partnership with Ripple to enhance cross-border XRP transactions.[8][9]

Products and services[edit]

Bitkub offers exchange services to individuals who intend to buy, sell, and store cryptocurrency.[10][11] Currently, the company has 34 cryptocurrency trading pairs against Thai Baht.[12][13]

See also[edit]

References[edit]

  1. Jirayut Srupsrisopa,"Cryptocurrencies and the job market". Bangkok Post. 14 January 2020. Retrieved 18 April 2020.
  2. Nuntawun Polkuamdee,"Bitkub signs MoU with Chinese OKEx". Bangkok Post. 2 August 2019. Retrieved 18 April 2020.
  3. Polkuamdee Nuntawun,"Bitkub prepares for variety". Bangkok Post. 10 November 2018. Retrieved 18 April 2020.
  4. Quynh Nguyen,"Thai cryptocurrency exchange Bitkub raises $1.67m in pre-Series A round". dealstreetasia.com. 9 September 2019. Retrieved 18 April 2020.
  5. Polkuamdee Nuntawun,"Digital asset trading licences issued soon, says Bitkub". Bangkok Post. 5 October 2018. Retrieved 18 April 2020.
  6. 6.0 6.1 Asina Pornwasin,"Bitkub sets sights on DISRUPTING". nationmultimedia.com. 10 November 2018. Retrieved 18 April 2020.
  7. Jaclyn Teng,"Crypto exchange gets license to operate in Thailand". techinasia.com. 9 January 2019. Retrieved 18 April 2020.
  8. Solomon Odunayo,"Ripple Seals Partnership with Bitkub to Enhance Cross-Border XRP Transactions". heraldsheets.com. 18 January 2020. Retrieved 18 April 2020.
  9. "Ripple Partnering With Thailand Crypto Exchange to Boost XRP Payments Network". dailyhodl.com. 17 January 2020. Retrieved 18 April 2020.
  10. JP Buntinx,"Bitkub Becomes the Official Partner of Ripple in Thailand". cryptomode.com. 19 January 2020. Retrieved 18 April 2020.
  11. Trevor Holman,"Bitkub Baggs Funding of $1.67m in Pre-Series A Round". cryptonewsz.com. 9 September 2019. Retrieved 18 April 2020.
  12. Mili Semlani,"Bitkub, Bitcoin and Bangkok: Thailand's cryptocurrency exchange raises pre-series A round". e27.co. 23 September 2019. Retrieved 18 April 2020.
  13. Darana Chudasri And Pathom Sangwongwanich,"The other side of the coin". bangkokpost.com. 10 May 2019. Retrieved 18 April 2020.

External links[edit]


This article "Bitkub" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Bitkub. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.


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