spot_img
spot_img
HomeExchangeSatangcorp.com Crypto Exchange Review: It Is Good Or Bad?

Satangcorp.com Crypto Exchange Review: It Is Good Or Bad?

About Satangcorp.com

Satangcorp.com(Satang Corporation Company Limited) is one of the leading experts in the field of cryptocurrency in Thailand. The company’s founder previously established Zcoin — the privacy-focused cryptocurrency. In cooperation with the Thai government, Zcoin aims to facilitate digital transactions and promote digital asset security.

Because of previous experience in crypto currency, thorough understanding of the customer’s needs, and prior collaborations with the Thai government, Satang is proud to call itself the most qualified and ready in the digital asset business. Satang has launched a website in order to facilitate a thorough, accessible, and convenient digital asset transaction experience for the public under the name Satang.com.

Due to the announcement of the Royal Act in Digital Asset Business (2018 Edition), Satangcorp Exchange Corporation Company Limited, as the provider of Satang.com, must comply with the Royal Act. At the same time, the main objective of the company remains to elevate the quality of life for the public by transforming the convenient service of digital asset business to daily life through a more robust platform.

Satangcorp Exchange Basic Points

Exchange NameSatangcorp Exchange
Withdraw Fees0.0005 BTC
LanguageEnglish
Fiat DepositYes
Deposit FeesFree. Small deposit fees apply.
Easy To Use Yes
Security High
Make Fee0.025%
Taker Fee0.075%
Support24/7
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At Satangcorp Exchange?

bitfinex sign up button

It Is Very Easy To Sign Up At Satangcorp Exchange . Just Click On Sign Up Button At Website .Fill Registration Form With Correct Details Like Your Email , Phone Number , Password Etc . Once You Fill All Data You Get Verification Link At Your Email . Just Verify Your Link For Successfully Verification.

How To Deposit Fund At Satangcorp Exchange ?

Once your account has been verified, click on the ‘DEPOSIT’ button, which you’ll find at the top right-hand side of the screen. Choose which currency you want to deposit and then you will be provided with the Wallet details that you need to transfer the funds to .

How To Trade At Exchange ?

Once your account is funded, you can then begin day trading at Valr. Click on the ‘TRADING’ button at the top of the screen, and you will be taken to the main trading area. You now need to select the trading pair that you want to trade. Finally, enter the amount that you want to buy, decide whether you want to do a ‘market order’ or ‘limit order’, and then place your trade.

How To Withdraw At Satangcorp Exchange ?

Withdrawing your funds from Swipe is very easy. Go to the “Withdraw” window, select the asset you want to take out and fill all the required fields. Note that you won’t be able to withdraw currencies if you haven’t secured your account with 2FA and/or whitelisted addresses.

Satang Pro Trading fees

Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. We call makers “makers” because their orders make the liquidity in a market. Takers are the ones who remove this liquidity by matching makers’ orders with their own.

Satangcorp.com Pro doesn’t charge different fees between takers and makers. Their fee model is instead something we call a “flat fee model”. Satang Pro’s flat fee is 0.20%. This is perfectly in line with industry average.

Satang Pro also offers trading fee discounts when you have a large trading volume during the preceding 30 days. Trading fees can become as low as 0.12% for both takers and makers if they have a large trading volume (over THB 320 million, which on this day corresponds to roughly USD 9.8 million). The exact trading fee discounts are set out in the below table (obtained before the lowering from 0.25% to 0.20%)

Satang Pro Withdrawal fees

Satangcorp Exchange Pro’s withdrawal fee is 0.0004 BTC per BTC-withdrawal. This fee is below the industry average. The global industry average BTC-withdrawal fee the last time we at Cryptowisser did a full-blown empirical study of it was approx. 0.0008 BTC per BTC-withdrawal. But today, we see more and more exchanges charging 0.0005 BTC per BTC-withdrawal, so one could argue that 0.0005 BTC per withdrawal is starting to become the new industry average. In any event, Satang Pro’s fees for withdrawals are competitive.

Deposit Methods

Satangcorp Exchange Pro offers wire transfer as a deposit method, but you can’t deposit via credit card. This of course negative news to you if you would prefer to use your credit card for any reason.

However, as Satang Pro accepts deposit of fiat currencies at all, it distinguishes itself from many exchanges that only allows deposits in cryptocurrencies.

With respect to deposit processing time, deposits from Thai bank accounts usually take up to 24 hours. This is a quick process. If you hold your bank account with a non-Thai bank, it can take up to 7 days, but could also be a lot quicker. Cryptocurrency deposits are more swift (as always). Usually just 1-2 hours, but depending upon the blockchain network used.

Vision

Satangcorp.com aims to become the central digital asset service provider for Thailand. The international standards ensure that the services are lawful and trustworthy.

Resource

  • To become the leader of digital asset exchanges with the internationalized standards of service and security.
  • To continuously improve the quality of digital asset services for our customers’ satisfaction.
  • To conduct business lawfully and efficiently in order to facilitate the digital asset transaction in daily life.
  • To engage in spreading awareness of digital assets to the society in general.

Standard Certificates

ISO/IEC 27001:2013 is an international standard dictating the protocol for information security for information service. The standard must be met and checked under strict inspection from the International Organization for Standardization (ISO) to guarantee the readiness to serve the most secure and quality digital asset service to all Satang customers.

Bixer Simond
Bixer Simond
Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things