When you are just beginning on your cryptocurrency journey, everything can seem overwhelming. There is a lot of jargon along with new words and phrases to navigate, and you may feel unsure on how to even start. Our aim is to guide you and lead you through these first steps.
Joining a reputable cryptocurrency exchange will be your first step if you are interested in buying crypto coins. Satang Pro is a cinch to join and many people rate it very highly.
Satang Pro is a smaller but still a trusted option in Thailand to buy cryptocurrency. Some users have stated that they found the verification process is easier than with the larger and perhaps better-known exchange, Bitkub. Satang Pro, like Bitkub, is also legally registered in Thailand and obeys all the regulations governing crypto trading in the country. Satang Pro was actually registered a year before Bitkub, in 2017.
It is worth noting, especially for those just starting out, that the Satang Pro website is available in both Thai and English and there is a very responsive support team available, 24 hours a day.
Something that you should keep in mind if you are starting out, is that Satang Pro does a far smaller volume of trades when compared to the bigger exchanges. This may mean that you may have to wait longer for your orders to fill out.
One other factor to take into consideration is that currently they do not offer MARKET buys, which are the orders where you can buy immediately at the current market price. They currently offer only what is termed a LIMIT order, where you have to bid or make an offer. So you may end up having to bid and ultimately buy at a higher price than the one you had planned on.
That being said, Satang Pro offer a relatively large selection of trading pairs. Currently they offer 37 coins on their exchange. Which is good news if you are in the market for cryptocurrencies other than Bitcoin, such as Dogecoin, Tron and VeChain.
All Thai Baht deposits into a verified account are free and withdrawals only incur a fee of 18 THB. The withdrawals to a Thai bank are easy and quick. Once you have a verified account you will be able to withdraw up to 30M THB a day.
How to register on Satang Pro
The steps for registering with Satang Pro are very simple and they promise a quick sign-up. You simply need an email address, an 8-character password which should be unique to this account. Personally I always think of my password before beginning the sign up, but that is just my preference.
Go their website at www.satangcorp.com I
In the top right of the page you will see a button, ‘Sign up to Satang Pro’. Simply click on the button and you will be asked to fill in your email, your password and your phone number. You also have to agree to their terms and conditions as well as to certify you are over 18. The first thing that you may notice, as I did, is how clear the page is and how easy it is to navigate. This is a definite plus if you are a beginner. At the bottom of the page there is a very clearly marked button for support in case you need it. Next you will need to verify your account and identity and for this you will just need your passport. You are also required to clearly write on a piece of A4 paper ‘satangcorp.com’ On the same paper you will need to put the date and your signature on the bottom. The sign-up doesn’t take long and if you have everything ready before you start, you will find that you are quickly finished with the process.
It is also necessary to have a Thai bank account. Please note that the account should be under the same name as that of the passport you used. Once you have added your bank account and everything has been verified, you will be set to start buying and selling.
