Satang Pro crypto exchange was known previously as TDAX, which stands for Thai Digital Asset Exchange. It is a Thailand-based cryptocurrency exchange and it was launched in November 2017. The aim of the platform is to meet the trading needs of a growing professional and retail market. The team behind the project is committed to bringing security, speed, and transparency to the market (specifically the Thai market).
Satang Pro is the first regulated digital asset exchange in Thailand to possess the international ISO 27001 (Information Security Standard) and ISO 27701 (Privacy Information Management System). Besides, it is regulated by the SEC Thailand.
Although the platform is focused on the Thai market, users around the world who do not mind trading in THB as the fiat currency of choice can make use of the platform as well. In terms of KYC requirements, it is necessary to verify your identity with government-issued identity cards to gain full access to the platform.
The main market on the platform is the THB market. The platform is majorly a crypto-to-fiat trading platform with over 34 Satang Pro trading pairs. Some of the main cryptocurrencies supported include BTC, ETH, BNB, TRON, and others. The Satang Pro spot trading option is the only available trading option as the platform does not support margin or leveraged trading.
In terms of Satang Pro exchange fees, the platform doesn’t charge different fees between takers and makers. Instead, it charges a flat fee is 0.20%.
Besides, the Satang Pro cryptocurrency exchange offers trading fee discounts when the user's Satang Pro trade volume is relatively large. Trading fees can become as low as 0.12% for both takers and makers if they have a Satang Pro volume of over 320 million THB.
Concerning deposits, the platform accepts both – fiat and crypto deposits. There are no fees charged for deposits, however, fiat deposits can only be made with bank transfers. Deposits from Thai banks usually take 24 hours to complete while crypto deposits take less than 2 hours, depending on the network in question.
When it comes to withdrawals, the Satang Crypto price paid on withdrawal is dependent on the blockchain network. There are different fees for BTC and ETH transactions. For example, for BTC withdrawals, the exchange charges 0.0005 BTC per withdrawal.
Apart from the Satang Pro crypto exchange, the Satang ecosystem also has other products. This includes Satang App (crypto wallet), Satang Shop (digital asset payment platform), Satang Vault (digital asset vault), Satang Nodes (staking and master node service), and Satang Blog (a blog that features crypto news and investment tips).
About the Company
Satang Pro cryptocurrency exchange aims to become the central digital asset service provider for Thailand. The company imbibes international standards that ensure that its services are lawful and trustworthy.
The CEO and founder of the company is Poramin Insom. Before launching Zcoin and Satang, he had worked for Accenture and Microsoft. Poramin Insom has a solid technical background, having graduated from John Hopkins University with an M.S. in Security Informatics.