Bitcoin to Thai Baht Converter
What is Thai baht?
Thai baht is the official currency of Thailand.
- Ticker: THB
- Symbol: ฿
A Thai baht is divided into 100 satang.
The issuance of currency is the responsibility of the Bank of Thailand. Its currency value was originally expressed as that of silver of corresponding weight of 15 grams, and was in use probably as early as the Sukhothai period in the form of bullet coins.
What is Bitcoin?
Bitcoin is the first digital currency. It uses the peer-to-peer protocol to make instant payments.
- Ticker: BTC
- Symbol: ฿
A bitcoin is divisible to eight decimal places – it represents a value of 10 to the power of 8.
It was created in 2009 by an anonymous developer (or a group of developers) whose pseudonym is Satoshi Nakamoto. Over the years, it has become more a store of value than a P2P electronic cash system. And some holders now call it the “digital gold.”
Millions of users now use it on a daily basis.
Hopefully, bitcoin is a revolutionary form of sound money that has the potential to disrupt the current financial system, to become a global reserve currency.
Exchange services in Thailand for converting your bitcoins in Thai baht via ATM machine or bank transfer:
Trusted exchange service www.obo.cash which allows to sell your bitcoins anonymously for cash via ATM withdrawals in Thailand
