BitcoinVN - Vietnam's premier Bitcoin Exchange

[BitcoinVN_official]

BitcoinVN is Vietnam's first and oldest Bitcoin Exchange Service and has been operating in the country since December 2013 & launching its first online service in March 2014.

The company is located in Ho Chi Minh City in Vietnam where it also operates an office in District 4.

The current leadership includes:

Nguyen Tran Bao Phuong - CEO
Dominik Weil - COO
Alex Winter - CTO


The current product range includes:

BitcoinVN - Retail Brokerage - conversion between VND and BTC/BCH/ETH/LTC/DASH
OTC Trade Desk - Settlements between VND and selected "Digital Assets" such as BTC, ETH, USDT in a range from 10k USD - 1m USD value per day
Bitcoin ATM Network - currently three machines operating in HCMC/Vietnam with more machines planned to come online (---> BitcoinATM Twitter for updates)
BitcoinVN Shop - Online Shop - serving as official Hardware Wallet reseller of Trezor and Ledger in Vietnam (+ various other auxiliary "Bitcoin Wares")
BitcoinVN News - News from BitcoinVN, general information and essays around Bitcoin and Lifestyle & Entrepreneurship in Vietnam

Social Media:

Twitter
Telegram
Facebook
LinkedIn
Gab

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We will utilize this thread to provide regular updates about the activities and progress of the company.

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[BitcoinVN_official]

After the successful integration of #SegWit support for withdrawals, BitcoinVN got the acknowledgement by whensegwit.org which is a community-driven campaign for Bech32 SegWit adoption.



Source: https://twitter.com/WhenSegWit/status/1216350076353875968

[BitcoinVN_News]

CryptoEcon2020 is taking place in Hanoi at the end of this month.

Some Core Members of BitcoinVN will be present in Vietnam's Capital as well.




---> https://news.bitcoinvn.io/cryptoecon-2020-coming-hanoi/?lang=en

---> https://news.bitcoinvn.io/cryptoecon-2020-sap-toi-ha-noi/ [Tieng Viet]

[BitcoinVN_official]

Relevant announcement for clients of our BTM department alongside further measures by the local authorities in the battle against the Coronavirus:

Good evening! 

While the People Committee of District 1 in HCMC announced the closure of all bars, nightclubs, massage salons etc. in District 1 due to the Coronavirus situation, we would like to assure our customers, that our current two locations in District 1 at Italiani's Ly Tu Trong 290 and Italiani's Han Thuyen 17 are *not* affected by the measures taken by the local authorities.

All our locations are operating normally. 

All our other services like our online trading platforms or our OTC desk are not affected by the current lockdown in HCMC / Vietnam.

Source: https://bitcointalk.org/index.php?topic=5198437.20

[BitcoinVN_official]

New write-up on our service offerings by Badcredit.org :

BitcoinVN enables users to easily buy and sell cryptocurrency, including Bitcoin, Ethereum, Bitcoin Cash, Dash, and Litecoin, using Vietnam’s currency, the dong. And relatively small transactions do not even require an account, a feature that makes the platform — and cryptocurrency — more widely accessible.

That puts BitcoinVN in a prime position to serve a population ready for new financial solutions.

[BitcoinVN_official]

BitcoinVN lifts all sell restrictions

BitcoinVN – Vietnam’s oldest & longest established Bitcoin Exchange service – has announced that effective immediately any limitations on the sell order size of any Digital Assets by its clients are removed.

More info:

https://news.bitcoinvn.io/bitcoinvn-lifts-limits-on-all-sell-orders/?lang=en

[BitcoinVN_official]

USDT/Tether can now be purchased (or sold) directly with VND from any Vietnamese bank account.

Tether demand and market cap (close to about 10bn USD) has grown tremendously over the past several months, according to the stats collected by the BitcoinVN OTC trade desk over 80% of OTC deal volume is now conducted in USDT/Tether, while about in summer 2019 the trade volume saw Bitcoin ahead with about 60%; followed by USDT (25%) and Ethereum (ETH) at about 15%.

https://news.bitcoinvn.io/tether-usdt-now-available-on-bitcoinvn/?lang=en

[BitcoinVN_official]

The BitcoinVN Online Shop relaunched; allowing clients to directly purchase their hardware wallets in Vietnam 

The relaunched BitcoinVN Online Shop which is currently listing Hardware Wallets from the most renowned and established manufacturers, starting from the beginner-friendly general-purpose Crypto Wallet Ledger Nano S to the Bitcoin PowerUser-oriented Coldcard walled by Coinkite.

We also expect to have restocked models from Trezor soon – so check back in with our BitcoinVN Shop team in due time!

https://news.bitcoinvn.io/bitcoinvn-shop-is-back/?lang=en

[joniboini]

We also expect to have restocked models from Trezor soon – so check back in with our BitcoinVN Shop team in due time!

Are you guys an official reseller or you just buy a bunch of HW from Trezor and then resell it? I don't find you on their official reseller list btw. Do you support international shipping or just Vietnam?

[sunsilk]

We also expect to have restocked models from Trezor soon – so check back in with our BitcoinVN Shop team in due time!

Are you guys an official reseller or you just buy a bunch of HW from Trezor and then resell it? I don't find you on their official reseller list btw. Do you support international shipping or just Vietnam?

You're right, I've checked and they are not on the list of the official resellers.

But, I've seen that Trezor is welcoming most of the companies that are wanting to be part of their reseller program. Maybe they are just a new partner from that program and Trezor hasn't updated the list or there is no need for them to list their company.

https://shop.trezor.io/sales/resellers/

[BitcoinVN_official]

We also expect to have restocked models from Trezor soon – so check back in with our BitcoinVN Shop team in due time!

Are you guys an official reseller or you just buy a bunch of HW from Trezor and then resell it? I don't find you on their official reseller list btw. Do you support international shipping or just Vietnam?

Hi!

Sorry for the delayed response! 

Please check again under https://trezor.io/resellers/ - BitcoinVN shop is now listed there officially.

Some of BitcoinVN's Founders ( e.g. Dominik Weil ) have been around the space for a long time and met the Founders of SatoshiLabs even before the launch of their Trezor Wallet; in Summer 2017 some of our team members also visited them directly in Prague at Paralelni Polnis 

For now we only support shipping within Vietnam which is our prime target market.

BitcoinVN is also listed now as official reseller of Ledger Hardware Wallets in Vietnam: https://news.bitcoinvn.io/official-reseller-ledger-hardware-vietnam/?lang=en

Currently the Ledger Nano S model is available in BitcoinVN’s online shop, but check in regularly for new listings or follow BitcoinVN on its Social Media channels for updates about new listings in its store line-up!

    Twitter
    Facebook

Please also take note of the Affiliate Program BitcoinVN shop is providing – 5% of any sales turnover coming from your referrals will be paid out to your account monthly!

[BitcoinVN_official]

Full announcement now also on BitcoinVN News:

BitcoinVN Shop – the Online shop operated by Vietnam’s oldest Bitcoin Exchange & OTC trade desk BitcoinVN – has been officially listed as a reseller by Trezor, the oldest and possibly most reputable hardware wallet manufacturer in the Digital Asset space.

https://news.bitcoinvn.io/bitcoinvn-shop-official-reseller-trezor-vietnam/?lang=en

[BitcoinVN_News]

BitcoinVNShop started to accept Lightning Payments:

BitcoinVN Shop, the Online Shop by BitcoinVN for Bitcoin hardware wallets, Bitcoin-related merchandise and other auxiliary items is accepting from today on payments via the Lightning Network thanks to an integration with their partner Neutronpay.


The current line-up includes hardware wallets from established manufacturers such as Bitcoin hardware wallet “OG’s” from Trezor / Satoshilabs, Ledger as well as the Coldcard Wallet by Coinkite for more advanced Bitcoin power users.

All products can be picked up at the offices of BitcoinVN or delivered nationwide in Vietnam to Bitcoin users who are looking to take control over their own keys.

https://news.bitcoinvn.io/bitcoinvn-shop-accepts-lightning-payments/?lang=en

[BitcoinVN_official]

Vietnam’s oldest Bitcoin Exchange BitcoinVN proceeds in upgrading its infrastructure to provide for more efficient Blockspace usage when processing Bitcoin transactions and thereby lowering the transaction fees occured by its client base.

After rolling out support for Bech32 addresses for clients to receive their Bitcoin from BitcoinVN in late 2019, BitcoinVN is from now on exclusively supporting Bech32 addresses (“bc1…”) for Bitcoin users who are looking to sell their Bitcoin for the local currency VND.

https://news.bitcoinvn.io/bitcoinvn-rolling-out-full-native-segwit-support/?lang=en

[tranthidung]

Please check and update the page to buy / sell crypto, especially for Dogecoin. The Dogecoin has not yet been added to the list of available cryptocurrency, both in Vietnamese and in English versions.

I guess the team forgot to add a row for Dogecoin. 

Check the images at the bottom right (at the column for Learn / Tìm hiểu)

About the BTM, the official page has this information. It implies BTM can be used to sell Bitcoin or altcoins.

• Have the team integrated Dogecoin for BTM or planned to do this in the future?
• I am thinking this sentence should be revised to Buy or Sell, not only Sell.

Sell Bitcoin or altcoin (Start the process online & pick up cash without waiting)

Source: https://btm.bitcoinvn.io/

I think it is integrated on BTMs after I checked farther.

[BitcoinVN_official]

BitcoinVN becomes Lead investor into Neutronpay!

Vietnam’s premier Bitcoin Exchange Service BitcoinVN confirmed to lead the initial Seed Funding Round into Vietnam’s leading Lightning Service Provider Neutronpay.

BitcoinVN is taking a 10% stake in Neutronpay in exchange for an undisclosed amount.

https://news.bitcoinvn.io/bitcoinvn-leading-seed-funding-round-in-neutronpay/?lang=en

Please check and update the page to buy / sell crypto, especially for Dogecoin. The Dogecoin has not yet been added to the list of available cryptocurrency, both in Vietnamese and in English versions.

I guess the team forgot to add a row for Dogecoin. 

Check the images at the bottom right (at the column for Learn / Tìm hiểu)

Dear tranthidung,

Thank you so much for your feedback! 

We just forwarded it to our technical team to review the situation you described and make some adjustments there. 

Highly appreciate the feedback to help us improve the service further <3 

[moderator's note: consecutive posts merged]

[BTMBitcoinVN]

About the BTM, the official page has this information. It implies BTM can be used to sell Bitcoin or altcoins.

• Have the team integrated Dogecoin for BTM or planned to do this in the future?
• I am thinking this sentence should be revised to Buy or Sell, not only Sell.

Sell Bitcoin or altcoin (Start the process online & pick up cash without waiting)

Source: https://btm.bitcoinvn.io/

I think it is integrated on BTMs after I checked farther.

Hello Tran Thi Dung!

We just got notified by our team about your feedback - thank you very much and we indeed appreciate it highly! 

Currently Altcoins are disabled across our fleet (the old Software setup used was from 2015 - and has not kept up with the changing transaction fee landscape), but we are currently working as one of our main projects on vastly improving the UX/UI of the software running on our machines. 

Once that is concluded (towards Q3/2021) - there might be also an option to buy Dogecoin etc. directly with VND on the machines. 

We have also our own thread here where we post regular updates:

https://bitcointalk.org/index.php?topic=5198437.msg56571413#msg56571413

And you can also follow us on Twitter or Facebook in case you are active on those pages 

[BitcoinVN_official]

Our News Desk published an article via Crypto prices in Vietnam are currently diverging from the "official rate" as show in Google, XE etc. 

When do prices in Vietnam normalize again?

Well, we got no crystal ball.

What we can tell is that the current period is indeed the highest and longest-lasting premium we have seen in over seven years of operation outside the Q4/17 – Q1/18 market top of the last cycle.

Over the whole course of 2020 the premium over the western markets usually ranged just within 1-2% compared to the official rate provided by the central bank.

Tendencially there is a good chance that the premium will persist for a fair while longer as long as the Kim Chi premium persists in this bull market cycle.

So do not expect the prices to drop much closer to the official central bank rates soon.

TL,DR: Koreans & artificial interventions in the marketplace


https://news.bitcoinvn.io/why-is-crypto-in-vietnam-so-expensive/?lang=en

[BitcoinVN_official]

Batched Bitcoin withdrawals enabled 

While instant settlement remains an option, the user now has the choice to delay the settlement of his Bitcoin purchase in order to save on transaction fees via transaction batching.

https://news.bitcoinvn.io/bitcoinvn-adding-batched-segwit-withdrawals/?lang=en

[BitcoinVN_official]

Like our service and want to recommend it to your friends? 

Use your affiliate link to earn some additional rewards on every trade conducted by your referrals! 🙌

- Visit your affiliate page here
- You will see your own affiliate URL. This is the unique link assigned to you.
- Copy that affiliate URL and start sharing it with your friends, posting on your Facebook and other social networks. You can write up some introduction to get more attention from your audiences.
- Whenever anyone follows that link to our platform and successfully makes an order, we will know and credit your account a certain part of our fee revenue from that trade.
- You will continuously earn money in the futures, when that person keeps trading with us.
Start sharing your affiliate URL now!

---> https://bitcoinvn.io/en/affiliate-program

https://i.ibb.co/2PV9z1Q/affiliatebv.jpg