Satang Thailand

Overview of Satang

Satang Corporation Co. Ltd, founded in Thailand, is a regulated cryptocurrency exchange operating under the oversight of the Securities and Exchange Commission (SEC) Thailand. The exchange offers 103 cryptocurrencies including Bitcoin, Ethereum, and Tether. Notable trading volumes and market capitalizations include Bitcoin (BTC) at 46,600 THB with a market cap of 888 billion THB and a volume of 2.5 billion THB, Ethereum (ETH) at 31,500 THB with a market cap of 427 billion THB and a volume of 1 billion THB, and Tether (USDT) at 1 THB with a market cap of 70 billion THB and a volume of 5 billion THB. Satang emphasizes security through encryption, SSL technology, and robust identity verification. It caters to various trading groups including beginners, security-conscious, mobile traders, and those interested in popular cryptocurrencies. Customer support is available via email and phone, with headquarters in Bangkok.

Pros and cons

Satang offers a strong selection of 103 cryptocurrencies, but some lack liquidity compared to other platforms. The exchange boasts low fees for both makers (0.15%-0.00%) and takers (0.25%-0.10%), yet it lacks promotions or discounts. It supports multiple deposit and withdrawal methods, including bank transfers, credit/debit cards, and PromptPay, albeit with associated fees. Being regulated by the SEC Thailand adds regulatory credibility. While well-established in Thailand, Satang's trading interface falls short of the user-friendliness found on some other exchanges.

Regulatory Authority

According to the provided information, Satang Corporation Co. Ltd is regulated by the Securities and Exchange Commission (SEC) Thailand. The specific regulation number is unreleased. The regulatory status of Satang is classified as regulated, indicating that it operates within the legal framework set by the regulatory authorities. In terms of the license, Satang holds a Digital Currency License, which falls under the jurisdiction of the Securities and Exchange Commission. The specific name of the license is Satang Corporation.

The Securities and Exchange Commission (SEC) in Thailand is a multi-tiered organization responsible for the oversight and regulation of the country's financial markets. It consists of three main tiers of authority: the SEC Board, which formulates policies for market promotion and development; the Capital Market Supervisory Board, responsible for issuing rules and regulations; and the SEC Office, which enforces compliance with these regulations. The SEC's primary role is to ensure fair and transparent market practices, protect investors' interests, and maintain the integrity of the financial system.

Security

Satang Corporation Co. Ltd prioritizes the security of its users' funds and personal information. The platform implements various protection measures to ensure a secure trading environment. These measures include encryption protocols and secure socket layer (SSL) technology to safeguard data transmission and prevent unauthorized access. Satang also employs robust identity verification procedures to verify the identity of its users and prevent fraudulent activities. Additionally, the company regularly monitors and updates its security systems to stay ahead of potential threats. Overall, Satang adopts comprehensive security measures to provide users with a safe and protected trading experience.

Cryptocurrencies Available

Satang is a cryptocurrency exchange in Thailand that offers a variety of cryptocurrencies to trade. Satang has a total of 103 cryptocurrencies available, with the top 10 being:

• Bitcoin (BTC)

• Ethereum (ETH)

• Tether (USDT)

• Binance Coin (BNB)

• USD Coin (USDC)

• XRP (XRP)

• Cardano (ADA)

• Solana (SOL)

• Terra (LUNA)

• Avalanche (AVAX)

Satang demonstrates swift coin listing and generally aligns cryptocurrency prices with global trends, albeit with slight variations due to fees and other factors. Market dynamics for cryptocurrencies on Satang, including market capitalization and trading volume, vary depending on the specific coin. Key figures for the top three cryptocurrencies on the platform include Bitcoin (BTC) priced at 46,600 THB with a market capitalization of 888 billion THB and a trading volume of 2.5 billion THB, Ethereum (ETH) priced at 31,500 THB with a market capitalization of 427 billion THB and a trading volume of 1 billion THB, and Tether (USDT) priced at 1 THB with a market capitalization of 70 billion THB and a trading volume of 5 billion THB.



How to open an account？

The registration process of Satang is as follows:

1. Visit the Satang website and click on the “Register” button.

2. Fill out the registration form with your personal information, including your full name, email address, and password.

3. Verify your email address by clicking on the verification link sent to your registered email.

4. Complete the identity verification process by providing the required documents, such as a copy of your ID card or passport.

5. Set up two-factor authentication (2FA) for added security.

6. Once your identity is verified, you can start funding your account and begin trading on the Satang platform.

Fees

Satang's fees are tiered based on trading volume in THB, with taker fees ranging from 0.25% to 0.10% and maker fees from 0.15% to 0.00%.

Volume (THB)	Taker Fee (in %)	Maker Fee (in %)
Up to 100,000	0.25	0.15
100,000 - 1,000,000	0.20	0.10
1,000,000 - 10,000,000	0.15	0.05
Over 10,000,000	0.10	0.00

Payment Methods

For deposit and withdrawal transactions on Satang, fiat deposits incur fees of THB 25 for bank transfers and THB 50 for credit/debit card deposits, while fiat withdrawals are subject to fees of THB 25 for bank transfers and THB 50 for credit/debit card withdrawals.

Payment Method	Buy	Sell	Add Cash	Cash Out	Speed
Bank transfer	Yes	Yes	Yes	Yes	1-2 business days
Credit/debit card	Yes	Yes	Yes	Yes	Instant
PromptPay	Yes	Yes	Yes	Yes	Instant
SatangPay QR code	Yes	Yes	No	No	Instant
SatangPay merchant account	Yes	Yes	Yes	Yes	1-2 business days

Educational Resources

Satang provides educational resources and tools to assist users in their cryptocurrency trading journey. These resources include articles, tutorials, and guides that cover various topics such as cryptocurrency basics, trading strategies, and market analysis. Additionally, Satang offers tools such as price charts, market data, and trading indicators to help users make informed trading decisions. The platform aims to empower users with the knowledge and tools necessary to navigate the cryptocurrency market effectively.

Is Satang a Good Exchange for You？

Based on the features and offerings of Satang Corporation Co. Ltd, there are several trading groups that may find this exchange suitable for their needs.

1. Beginner Traders: Satang's user-friendly platform and educational resources make it an excellent choice for beginners in the cryptocurrency trading world. The articles, tutorials, and guides provided by Satang can help beginners understand the basics of cryptocurrency trading and develop their trading strategies.

Recommendation: Beginner traders can take advantage of Satang's educational resources to learn about cryptocurrency trading fundamentals and use the platform's user-friendly interface to start their trading journey.

2. Security-Conscious Traders: Satang's emphasis on security measures, such as encryption protocols, SSL technology, and robust identity verification procedures, make it an attractive option for traders who prioritize the safety of their funds and personal information.

Recommendation: Security-conscious traders can benefit from Satang's comprehensive security measures, ensuring a secure trading experience and peace of mind.

3. Mobile Traders: Satang's mobile application allows users to conveniently trade cryptocurrencies on the go. The mobile app provides a seamless trading experience and enables users to monitor and execute trades anytime, anywhere.

Recommendation: Mobile traders can utilize Satang's mobile application to stay connected to the market and execute trades efficiently.

4. Traders with Limited Cryptocurrency Options: While Satang offers a selection of 20+ cryptocurrencies, some traders may prefer a wider variety of options. However, for traders who are interested in the available cryptocurrencies on Satang, the exchange provides a reliable platform for trading popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC).

Recommendation: Traders looking to transact with popular cryptocurrencies will find Satang's range of available options suitable for their trading needs.

Overall, Satang Corporation Co. Ltd caters to a diverse range of traders, including beginners, security-conscious individuals, mobile traders, and those interested in the available cryptocurrencies on the platform. Traders in these target groups can make use of Satang's features and offerings to enhance their cryptocurrency trading experience.

Customer Support

For customer support inquiries at Satang, you can reach out via email at support@satangcorp.com for Digital Asset Exchange matters excluding coin/token listings. Additionally, you can contact their General Contact at +1 928 542 4989 or reach their 24/7 Customer Support at (+66) 2 026 6107. For written correspondence, the address is 89, Ratchadaphisek Road, Din Daeng District, Bangkok, Thailand. General inquiries can be directed to info@satang.com.



Compare to Other similar Brokers

In terms of cryptocurrencies offered, Satang provides 103 options, while Binance offers 500+ and Coinbase provides around 100+. Satang's fees range from Maker: 0.15% - 0.00%, Taker: 0.25% - 0.10%, compared to Binance's Maker: 0.04% - 0.02%, Taker: 0.06% - 0.04%, and Coinbase's Maker: 0.4%, Taker: 0.5%. While Satang has no account minimum, Binance and Coinbase have no minimums either. However, Binance promotes sign-up bonuses, trading competitions, and airdrops, whereas Coinbase offers sign-up bonuses, referral bonuses, and educational resources.

Feature	Satang	Binance	Coinbase
Cryptocurrencies	103	500+	100+
Fees	Maker: 0.15% - 0.00%, Taker: 0.25% - 0.10%	Maker: 0.04% - 0.02%, Taker: 0.06% - 0.04%	Maker: 0.4%, Taker: 0.5%
Account minimum	THB 100	None	None
Promotions	None	Sign-up bonus, trading competitions, airdrops	Sign-up bonus, referral bonus, educational resources

Conclusion

In conclusion, Satang Corporation Co. Ltd provides a regulated and secure platform for cryptocurrency trading. The exchange offers a range of payment methods, responsive customer support, and educational resources to assist users in their trading journey. However, it is important to consider the limited number of available cryptocurrencies, the transaction fee, and the absence of phone support as potential drawbacks. Overall, Satang presents a viable option for traders looking for a secure and user-friendly virtual currency exchange.

FAQs

Q: What regulatory authority oversees Satang Corporation Co. Ltd？

A: Satang is regulated by the Securities and Exchange Commission (SEC) in Thailand under a Digital Currency License.

Q: How does Satang prioritize security for its users？

A: Satang implements encryption, SSL technology, and identity verification to ensure secure trading and prevent unauthorized access.

Q: How many cryptocurrencies does Satang offer for trading？

A: Satang provides a selection of 103 cryptocurrencies, including popular ones like Bitcoin, Ethereum, and Tether.

Q: What's the registration process to open an account on Satang？

A: To register, visit the website, complete a form, verify your email, provide identity documents, set up 2FA, and start trading.

Q: What are the fees for trading on Satang？

A: Trading fees on Satang vary based on trading volume, with taker fees ranging from 0.25% to 0.10% and maker fees from 0.15% to 0.00%.

Q: What resources does Satang offer to educate users？

A: Satang provides articles, tutorials, guides, price charts, and indicators to educate users about cryptocurrency trading.

Q: Who might find Satang suitable for trading？

A: Beginners, security-conscious traders, mobile traders, and those interested in specific cryptocurrencies can benefit from Satang's features and offerings.

Q: How can customers contact Satang's customer support？

A: Customers can contact Satang's support via email, phone, or written correspondence for various inquiries regarding the platform.

User Review

User 1: I've been using Satang for a few months now and I have to say, their security measures are top-notch. I feel confident trading on their platform knowing that they prioritize the safety of my funds and personal information. The interface is also user-friendly, making it easy for me to navigate and execute trades. The only downside is that their liquidity can be a bit limited, especially for some of the lesser-known cryptocurrencies. Overall, I'm happy with the experience and the support team has been responsive whenever I've needed assistance.

User 2: Satang is one of the most regulated exchanges out there, which gives me peace of mind knowing that they operate within the legal framework. The range of cryptocurrencies available for trading is impressive, with all the popular options like Bitcoin and Ethereum. The customer support team is quite helpful, always addressing my queries in a timely manner. However, the trading fees can be a bit high compared to other exchanges, which can eat into my profits. The deposit and withdrawal speed is fast, allowing me to quickly access my funds when needed. Overall, it's a reliable exchange, but I wish they had more order types to choose from.

Risk Warning

Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.