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.
A perpetual on SNDK tracks price and does not confer ownership of the underlying — the same contract mechanics apply in every jurisdiction; what differs by country is legal status and funding rails.
14 venues open Sandisk perps to traders in Thailand.
ApeX
Aster
Avantis
gTrade
Helix
Hyperliquid
Lighter
Ondo
Ostium
Pacifica
Paradex
VestFour steps from sign-up to an open position.
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).
Trading Sandisk from Thailand: legal.
Thailand residents can trade Sandisk on 16 platforms, including Aevo, ApeX and Aster.
On Canborsa, traders in Thailand can use up to 20x leverage on Sandisk.
Canborsa charges 0.07% per side (0.14% round trip) on Sandisk.