Asset × Country · Legal Status

How to Trade ASI Alliance (FET) in Thailand

STATUSLegal CLASSCrypto

Getting ASI Alliance exposure from Thailand takes a wallet and USDC; the legal status and rail-by-rail detail follow.

ASI Alliance · FET-PERPCrypto · Thailand

Price · 24h—

Max leverage5x

Funding · APR—

In ThailandAvailable

Canborsa fee0.07% per side

ASI Alliance in Thailand · at a glance

Legal

legal statusASI Alliance exposure from Thailand

max leverageASI Alliance on Canborsa

0.07%

0.14% round-tripCanborsa fee per side

funding intervalSettled while a position is open

What the law actually says

Is ASI Alliance trading legal in Thailand?

Spot crypto is legal in Thailand but only as a licensed activity. The Emergency Decree on Digital Asset Businesses B.E. 2561 (2018) requires a digital asset business operator to hold a licence granted by the Minister of Finance on the SEC's recommendation, and operating without one is a criminal offence carrying two to five years' imprisonment plus fines. The licence categories the SEC has consulted on are spot-side businesses — exchange, broker and dealer, later advisory services and fund management — and as recently as February 2026 the SEC was still consulting on a framework to permit spot crypto ETFs, which it described as an initial phase using relatively simple structures.

What the contract is

The contract itself does not change by geography: a FET perpetual settles in USDC everywhere.

Regulator — Thailand

RegulatorSecurities and Exchange Commission

Websitewww.sec.or.th

CryptoLegal

Funding · local rails

How to fund a trade from Thailand

The routes traders use to reach USDC before a deposit.

Rails · deposit routes

Rail

Status

Note

Bank Transfer (Thai QR)

WORKS

Bitkub lets users deposit Thai baht via Thai QR payment or bank transfer.

Bank Transfer (PromptPay)

WORKS

Coins.co.th lets users cash in THB via online bank transfer through PromptPay.

P2P (Peer-to-Peer)

WORKS

Available in Thailand and useful when direct bank or card deposit routes are limited.

Crypto Deposit

WORKS

Bitkub lists crypto deposit alongside bank transfer and BahtNet as a funding method.

Availability · by platform

Platforms that offer ASI Alliance perps in Thailand

4 venues open ASI Alliance perps to traders in Thailand.

Platform

Sign-up

Max lev

Taker fee

Aster

Browser Wallet Non-custodial

—

0.04%

gTrade

Browser Wallet Non-custodial

150x

0.035%

Helix

Browser Wallet Non-custodial

12x

0.0001%

Hyperliquid

Browser Wallet Non-custodial

5x

0.045%

How to start trading ASI Alliance from Thailand

Four steps from sign-up to an open position.

01.

Sign up on Canborsa with email, X or a wallet

No document upload to open the account. Canborsa is non-custodial: your collateral stays under your own keys until a position opens.

Email X Wallet

02.

Fund the account with USDC

Deposit USDC over Canton, Robinhood Chain, Ethereum, Base, BNB Chain or Arbitrum. Canborsa takes no fiat, so buying the USDC happens wherever you normally buy stablecoins.

→

Robinhood Chain

03.

Open FET-PERP

Pick FET in the markets list. The ticket shows the live price, the current funding rate and max leverage 5x .

FET-PERPPerpetual · USDC marginLONG

04.

Choose Buy / Long, then set size and leverage

Buying $1,000 of FET at 5x uses $200 of collateral. Higher leverage moves the liquidation price closer to your entry: your exposure is the position size, whatever margin you posted. Set a stop-loss below your entry before you walk away.

Position · PnLexamplePnL: $3,425.52|+53.6%

Tax note — Thailand

Personal income tax exemption on the gain from transferring crypto through an SEC-licensed Thai exchange, broker or dealer, for assessable income received 1 January 2025 to 31 December 2029 (Ministerial Regulation No. 399, B.E. 2568, issued 27 August 2025, adding item (109) to Ministerial Regulation No. 126).