Hello, today we will introduce Exchange or digital asset exchange that has been properly licensed by the SEC. Satang Pro which is a Cryptocurrency Exchange The first that the owner is Thai It was launched in 2017 as TDAX and later changed to Satang Pro. This exchange was co-founded by Mr. Paramin. The creator of the Zcoin coin focused on privacy-focused financial transactions, known as Privacy Coin (zcoin.io), assures the security and confidential transaction data of its customers Satang Pro. give the most importance Let’s get into the content better that the application Satang Pro how it works
Subscription
Go to the web page of Satang Pro or at Satang Pro Or the face looks easy to use, right? The signup menu will be on the top right hand side. “Subscribe” (Satang Pro has languages to choose from: Thai, English and Chinese)
Fill out the basic information that the website can ask for. And then go to confirm in the email that you have filled out.
The next step is for people who want to trade. Cryptocurrency Is to verify your identity or KYC according to the standards of the SEC, and don’t forget to turn on 2FA or 2-factor authentication for security with Google authenticator or Authy.
Let’s see how to activate 2FA or 2-factor authentication system. Click on “Create 2-Step Verification System” from the first page that we log in after confirming in the email or at satangpro.com/security. /2fa-google on Satang Pro website will suggest us to download Google Authenticator. Which can be downloaded in both the Play store and the App store, or if anyone wants to try another App, try Authy, which can be downloaded for both OS.
Done in the next section, confirm your identity and add a bank account. Confirm your identity before filling out the information to be true to me.
An important part of taking photos for KYC to pass is that the picture must be clear, including clearly seeing the face and ears. If anyone fills in here and fails, may have to retype it, so save the information before sending the information. But if you haven’t yet, you can ask Support (very quick to answer).
After that, continue to confirm the bank account. No matter how many banks you put in, it’s convenient for me. But it must be your own account only. The name must match the verified identity. And the admin recommends you to register a PromptPay account because you can use the instant deposit system via PromptPay.
After confirming, wait for the website to check the washing information a bit. Satang claims that there is an officer Check 24 hours a day, so it doesn’t take much time. If nothing goes wrong, you can deposit and withdraw money or Crypto to the fullest.
The page for depositing various currencies, including Thai baht, will be on this page.
If you want to deposit or withdraw any currency, just press the word deposit or withdraw in that currency, for example, press deposit in Thai baht. Then fill in the amount you want to deposit, don’t forget to keep the slip to confirm the transfer. If you are already using PromptPay, just pay through the code is enough, the money comes in instantly without you needing to send any slips.
trading
Trading in is a normal Limit Order system where the trading price and the desired trading volume are set. There is a fee of 0.25% including VAT. It provides traders with a bar chart system and other analytical tools.
Coins available for trading
Currently, there are 11 coins available in Satang Pro: BTC,ETH,BCH,DOGE,ETH,LTC,PAXG,USDT,XLM,XRP,XZC. Some interesting coins, such as USDT, are stablecoins that allow us to cross-market abritage, or PAXG, the gold-equivalent coin in the form of digital gold.
fee
Satang’s trading fee per transaction is 0.25% of the turnover and includes 7% VAT on the fee. And one of the interesting things is that Satang does not charge a fee for withdrawing baht, with a minimum of 1000 baht. In the case of normal withdrawals, the money will arrive within 2-6 hours, but if it’s Promtpay, there will be a fee. at 18 baht with a minimum balance of 19 baht
ZCoin Dividend
And if you carry Zcoin in your wallet Satang Pro You will receive dividends by opening the node of Satang Pro itself is like a kind of dividend
Partner with the largest exchange in the world, Binance.
Currently, SatangPro lists BNB, which is owned by Binance, the largest exchange in the world. If we go to Binance’s website, we will find that there is a currency in THB (Thai baht) added to buy BTC. Satang has launched an API portal which is considered the first in the region. And allows Binance users to deposit and withdraw baht directly to their current Binance account on Binance. The payment page is displayed through the channel of the Thai exchange Satang Pro and when you click Buy BTC as shown in the picture, it will be taken to the website. of the Satang Pro also found a button “Login with Binance” appears on the Satang Pro website as well.
Well, that’s over with BNB, the first coin exchange to be considered successful and a clear example. However, BNB also depends on the prosperity of Binance, for better or worse it depends on Binance.
Apply for registration at: Satang Pro
Summarize the pros and cons
- Licensed by the Thai SEC to operate business legally.
- Deposit and withdrawal system with PromptPay makes it possible to transfer money in and out quickly.
- It is the first exchange opened by Thai people.
- Support responds quite quickly and promptly.
- There are coins that are not available in other exchanges in Thailand such as Zcoin, PAX.
- The KYC system immediately responds whether it is passed or not.
- relatively little liquidity
- Only limit order system, no market order
Follow SatangPro Community
FB Official: https://www.facebook.com/satangcorp/
FB Group: https://www.facebook.com/groups/satangofficial/
Line Group: https://line.me/ti/g2/cU9w1_CyM-HCqvGiO9Lb2w
Telegram: https://t.me/SatangCorp