KuCoin Goes Big in Thailand: Fully Licensed Platform Now Live!

From ERX to KuCoin Thailand: A New Era of Crypto Trading

KuCoin's not playing around anymore! They just dropped the news on April 23 that their Thailand platform is officially up and running. Say hello to KuCoin Thailand, powered by ERX Company Limited, fresh off snagging a crypto exchange license from Thailand's Securities and Exchange Commission.

ERX? They've totally rebranded to KuCoin Thailand now, and they're all about bringing you regulated access to the wild world of digital assets and trading right in the heart of Thailand.

ERX CEO Att Tongyai Asavanund is stoked, saying KuCoin's global know-how is gonna let them cook up some serious localized solutions, tailor-made for Thai crypto enthusiasts.

And guess what? If you were already riding with ERX, you've been seamlessly shifted over to this new beast of a platform. It's the best of both worlds - KuCoin's global trading mojo with that special Thai touch.

New to the party or a seasoned vet? No worries, the KuCoin TH app's got you covered, available on both Android and iOS. It's your golden ticket to the crypto action.

Henry Chen, Board Director at ERX, is all in on this vision, aiming to build Thailand's top digital asset platform with a global mindset, top-tier service, and cutting-edge tech. Watch out, world!

KuCoin Thailand Joins the Elite Club

With this launch, KuCoin Thailand just became the ninth crypto exchange to get the green light from the Thai SEC. They're now rubbing shoulders with the big dogs like Thai Digital Assets Exchange, Upbit, Bitkub, and more.

But it's not all sunshine and rainbows for KuCoin. Over in South Korea, they're hitting some rough patches. Regulators there threw a wrench in the works back in March, blocking the KuCoin app from Google Play and Apple's app store, claiming the exchange wasn't playing by their rules.

Despite the setbacks, KuCoin's still on a roll globally. In 2024, they've been crushing it in Latin America and the Middle East, pushing their user base close to a whopping 40 million. Trading volumes in the MENA region? Tripled! And Europe? A mind-blowing 144% jump!

Europe, you're next on the hit list. KuCoin's gunning for a Markets in Crypto-Assets (MiCAR) license and has already thrown their hat in the ring in Austria. If they get the nod, it's game on across the EU.

Oh, and did I mention? Back in January, KuCoin upped their game with KuCoin Pay, a slick payment platform that's letting merchants dive headfirst into the crypto payment pool.