5 Crypto Exchanges Blocked in Thailand What Can Users Do?

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For cryptocurrency users in Thailand, a major change is about to occur on June 28, 2025, following reports that five world-renowned digital asset trading platforms (Exchanges) that are not licensed to operate in Thailand will be restricted from access within the country.

This article compiles information on the list of Exchanges expected to be blocked, the reasons behind the block, the potential impact on Thai users, and how to prepare and respond if these Exchanges become inaccessible.

List of Exchanges Expected to Be Blocked

OKX
Bybit
XT.com
CoinEx
1000x.live

However, the fact that these platforms have not been granted licenses in Thailand means that if any issues arise—such as account lockouts or problems with coin withdrawals users will not be able to seek assistance from domestic regulatory authorities.

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How Does the Blocking of Exchange Websites Affect Users in Thailand?

According to recent reports, access to unlicensed Exchange websites in Thailand is expected to be restricted via IP address blocking. This means users will not be able to access these websites through internet networks within the country.

As for mobile applications, they may still be temporarily usable if they have not yet been removed from the App Store or Google Play Store. However, once these apps are removed from the Thai stores, users will no longer be able to update to newer versions or re-download them in the future.

The impacts include inability to access accounts, inability to track prices, or perform transactions through the website as usual. This could significantly affect users’ flexibility in managing their digital assets.

Plan of Action When Exchanges Are Blocked

For those who still have accounts or hold digital assets with these platforms, Big Bull has two recommended approaches:

1. Transfer Assets Out of the Exchanges That Are About to Be Blocked

The safest method is to transfer your coins or assets out of the unlicensed exchanges in Thailand. You can move them to platforms that are licensed in Thailand, such as Bitkub or BinanceTH.
Alternatively, you can choose to use other international exchanges that are not yet restricted, such as Binance (Global), MEXC, or Bitget.
However, it's important to consider the risk that these platforms could also be blocked in the future.

2. Use a VPN Service to Access Blocked Platforms

Another option is to use a VPN to reroute your internet connection through another country. This allows you to continue accessing the blocked exchanges as usual, even if they are inaccessible from within Thailand.
However, users should choose a VPN that is reputable and meets strong security standards. Free VPNs should be avoided, as they may pose risks of leaking personal information.

Why Paid VPNs Are Safer Than Free VPNs

For users who still need to access restricted platforms, using a VPN is a viable method to bypass website blocks. However, many users opt for free VPNs without realizing the potential risks.

Many free VPN providers lack strong encryption systems and may log user activity for commercial resale. They also often come with limitations in speed, stability, and available servers, all of which can directly impact the user experience.

BullVPN is a VPN service with servers in multiple countries, offering fast, secure connections and a strict no-log policy. It is ideal for users who value privacy while browsing the internet, as well as for safely and consistently accessing platforms that are blocked from within Thailand.

How to Use BullVPN to Access Crypto Exchanges

1. Create a BullVPN account, then log in at: https://www.bullvpn.com/login

2. Download BullVPN for your device: www.bullvpn.com/setup

3. Choose a server location — for example, if access is blocked in Thailand, select a server in another country such as Japan, Singapore or any country where the exchange is still accessible.

4. Connect to the selected server

5. Access the crypto exchange you want to use

Using foreign exchanges that are not licensed in the country inherently comes with risks. Users should monitor the status of the platforms they use and always have a backup plan—whether that means transferring assets to a compliant exchange or installing a VPN to access the original platform in emergency situations.

However, it's important to understand that all investments carry risks, and thorough research should be conducted before making any decisions—especially when it involves using platforms that operate outside the legal framework of the country.

Choosing a reliable VPN is one way to enhance connection security, particularly when it involves financial transactions. Protecting personal data is a crucial aspect that should never be overlooked.