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Mining cryptocoins is an arms race that rewards early adopters. Bitcoin, the first decentralized cryptocurrency, released in early 2009. Similar digital currencies have crept into the worldwide market since then, including a spinoff from Bitcoin called Bitcoin Cash.
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Thailand has shown an openminded approach to blockchain technology and cryptocurrencies throughout the years. Taxwise, the government of Thailand collects 15 percent capital gains tax levied against profits made from the buying and selling of digital tokens, according to a new tax legislation.
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One of the easiest ways to buy Bitcoin in Thailand is through cryptocurrency exchanges. There are quite a few of these exchanges in the country where you can signup and buy Bitcoin, though choosing one will depend on various factors such as transaction fees, payment modes, verification requirements, reputation, and withdrawal limits, among others.
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