CoinLab ranking: #18

Bitkub review: crypto exchange fees and features

Key facts

CoinLab ranking#18
Founded2018
HeadquartersThailand
24h volume688 BTC
CoinGecko trust9/10
Spot coins—
Spot fees0.25% / 0.25% (maker / taker)
Futures fees—

Flat rate for makers and takers on spot; no derivatives.

About

Bitkub is Thailand's largest crypto exchange, founded in Bangkok in 2018 and licensed by the Thai SEC. It is a simple spot venue trading against the Thai baht with a flat 0.25% fee.

For Thai residents it is a convenient regulated on-ramp; for everyone else it offers little, with no derivatives and baht-only fiat. In 2026 it emerged that Bitkub had hidden a $47 million hack from 2021 for nearly five years, prompting a criminal complaint from the regulator.

Pros

  • Thai SEC licence
  • Easy on-ramp via Thai banks

Cons

  • Concealed $47 million 2021 hack and SEC criminal complaint
  • High flat 0.25% fee
  • Baht-only fiat

Verification (KYC)

Mandatory verification; foreigners follow a separate KYC flow and must pass a crypto-knowledge quiz on first login.

For users in Russia

No ban found: foreigners can sign up with KYC, but the exchange targets Thailand and fiat is Thai baht via local banks only (no Russia-specific restriction found as of October 2026).

Security

On 10 May 2021 attackers stole 16 assets worth about 1.7 billion baht (around $47 million). Bitkub concealed the incident and refilled reserves with founders' money; in 2026 the Thai SEC filed a criminal complaint against the company and two former executives over misleading disclosures.

Licenses and registrations

  • Digital asset exchange licence from the Thai SEC

Products

SpotThai baht deposits and withdrawals

Sources

  1. bitkub.com/en/fee/cryptocurrency
  2. forklog.com/en/thailands-sec-files-complaint-against-bitkub-over-2021-
  3. fintechnews.sg/134753/thailand/bitkub-sec-complaint/
  4. support.bitkub.com/en/support/solutions/articles/151000197773-bitkub-a

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