How to Withdraw THB From a Crypto Exchange to Your Bank

Sold some crypto at a profit and want to cash out baht to your bank, but not sure how? It’s actually simple. This guide walks you through withdrawing THB from a licensed Thai exchange (like Bitkub or Binance TH) back to your bank account, step by step and beginner friendly, including timing, fees, and the important things to watch out for.

Before you withdraw: you need a THB balance first

A common misunderstanding is thinking you can turn coins directly into baht in your bank. In reality, you first need to sell your crypto for THB so that you have a baht balance in your exchange account. Only then can you withdraw that THB to your bank. If you have never funded your account or want to review the deposit side, see how to deposit THB via PromptPay QR as well.

Steps to withdraw THB to your bank

1. Open the exchange app and go to the “Withdraw” menu.
2. Choose the currency THB (Thai baht).
3. Select or add your destination bank account, which must be in your own name and match the name on your exchange account.
4. Enter the amount of baht you want to withdraw.
5. Confirm with your 2FA code or OTP when prompted.
6. Wait for the transfer to land in your bank account.

How long does it take, and are there fees?

Usually the baht arrives in your bank account within minutes to a few hours, depending on the exchange and your bank. Withdrawal fees differ between exchanges and can change, so there is no fixed number to memorize. Always check the current fee in the app before you confirm. If the money does not arrive in the normal time, keep your records and contact customer support only through the channels inside the app.

Critical: the account must be yours, and beware scams

This is the most important part. The destination bank account must be in your own name and match your exchange account. If the name does not match (for example, withdrawing to someone else’s account), the money usually gets rejected or held for review, wasting your time. This rule exists to prevent money laundering, so it is strictly enforced.

And always remember: no legitimate person will ever ask you to “withdraw and transfer to verify”. That is a scam, 100 percent. No real exchange staff will call asking for your password, OTP, or to send money to another account. Withdraw only to your own account.

A note on taxes (just so you know, not advice)

Thailand currently has a personal income tax exemption on capital gains from selling crypto through a licensed Thai exchange during 2025–2029. Even so, you should still keep full records of your buys and sells and consult a tax professional to be sure. Read more in crypto tax in Thailand.

⚠️ The exact on-screen steps may change as the exchange updates its app. This article is for education only, not investment or tax advice. Only invest money you can afford to lose.