VBTC - Vietnam's first and oldest Bitcoin Trading Platform [#bitcoinonly]

[VBTC]

VBTC is Vietnam's first and oldest Bitcoin Trading Platform and has been operating in the country since Summer 2014

The company is located in Ho Chi Minh City in Vietnam and keeps cooperating closely with the team of Vietnam's first Bitcoin Exchange Service BitcoinVN (see also: https://bitcointalk.org/index.php?topic=5215245.msg53533484#msg53533484 ) to generate synergies between both services.

The platform is currently operating on Open Source Technology provided by Blinktrade.

VBTC services and focuses exclusively on Bitcoin.


The current offering includes:

BTC-VND orderbook exchange

Direct funding & withdrawal of VND balance possible:

- Bank wire from all Vietnamese banks
- Cash deposit at any Vietnamese bank branch
- Cash deposit via our designated cash office partners

The current trading fees are:

0% - Maker (providing liquidity to the orderbook)
0,25% Taker (taking liquidity from the orderbook)

KYC/AML policy:

- No KYC required up to 5m VND deposit/withdrawal
- No KYC required for Bitcoin deposits/withdrawals


The company maintains a Blog [English & Vietnamese language]:

https://blog.vbtc.exchange/

Social Media:

Twitter
Telegram
Facebook
LinkedIn

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https://i.imgur.com/Mjke6fA.png

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

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[VBTC]

If you are based in Hanoi, but unbanked:

You can cash out from VBTC now via our new cash office partner. 

https://i.imgur.com/XHICWC6.jpg

[VBTC]

The Hanoi cash office deposit function is live!

No need for local bank accounts - direct cash deposits into your VBTC account! 

https://i.imgur.com/tPuKtjE.jpg

[VBTC]

A step-by-step explanation on how funding of your VBTC account via our cash offices works  :

https://i.imgur.com/czofGHf.jpg

https://blog.vbtc.exchange/2020/vbtc-cash-office-hanoi-how-does-it-work

[VBTC]

VBTC is now also listed on Bitcoin-Only

https://i.imgur.com/y2YoXS9.png

Our cash offices (HCMC & Hanoi) for unbanked users all function normally despite the current Wuhan-Virus-related restrictions (which start to get relaxed these days due to low case numbers in Vietnam).

[VBTC]

Higher withdrawal limits to all Vietnamese bank accounts 

---> https://blog.vbtc.exchange/2020/vbtc-offering-higher-vnd-withdrawal-limits

https://i.imgur.com/tFxx86Q.png

[VBTC]

Also covered now by BitcoinVN News  :

(EN) https://news.bitcoinvn.io/vbtc-announces-increased-withdrawal-limits/?lang=en

(VI) https://news.bitcoinvn.io/vbtc-thong-bao-tang-han-muc-rut-tien/

[VBTC]

We are currently having a small freelancer job available - check for more info here:

We are looking for Freelance Dev to help us code an order book visualization, to make it accessible for onlookers without the need to be logged into our platform.

Example: https://bitfinex.com/order-book/?pair=BTCUSD

Payment: 800k Sats (via LN for privacy reasons)*

https://twitter.com/VBTC_Vietnam/status/1297849395040251911

[VBTC]

Updated to 1,000,000 Sats 

100,000 Sats for a successful referral!

https://i.imgur.com/S0FbsTV.png

https://twitter.com/VBTC_Vietnam/status/1302280950454255621

[VBTC]

We recently also opened up our Cash Office in Hoi An.

Deposit/withdraw directly in cash from VBTC 

https://blog.vbtc.exchange/assets/img/cash-office-201017.jpg

Full article: http://blog.vbtc.exchange/2020/vbtc-opens-hoi-an-cash-office

[VBTC]

New tutorial out 

How to buy Bitcoin with VND

Currently* there are the following funding methods for your VBTC account:
1. Bank deposit

(online or at the bank branch) from any domestic Bank
2. Cash Deposit via Cash Office Partner

currently available in HCMC, Hanoi and Hoi An

[VBTC]

Another tutorial out:

How to withdraw VND (and other fiat currency) from VBTC

You have a VND balance on your VBTC account and are looking to withdraw the balance to your own bank account or as cash (in case you don’t have a bank account or prefer not to use it).

VBTC is allowing you to withdraw your VND balance to any Vietnamese bank account as well as withdrawing via various Cash Offices in various major Vietnamese cities.

Full schedule in one picture:
https://blog.vbtc.exchange/assets/img/fee-schedule-tut-4-201210.jpg

[VBTC]

Due to the rising transaction costs on the Bitcoin Network, we recently enabled Batched SegWit Withdrawals.

Congratulations! You bought your first Bitcoin on VBTC and are now looking to withdraw your Bitcoin from the platform.

But hold up, what is that… 0.001 BTC withdrawal fees for onchain transactions?

If you only bought a small amount of Bitcoin and are mostly looking to transfer it to other Bitcoin users or services, you might instead consider using the Lightning Network for your withdrawals.

However - if you are looking to receive your Bitcoin on-chain and are not in a hurry you can now use the “Batched SegWit” withdrawal option to significantly save on 80% on withdrawal fees [currently at 0,0002 BTC per withdrawal].

Full guide here:

https://blog.vbtc.exchange/2021/batched-segwit-withdrawals-tutorial-5?

[VBTC]

VBTC joining sponsorship program for Open Source Block Explorer Mempool.space

VBTC and our user base have benefited from the work done by the Mempool.space team in terms of Data Visualization of Bitcoin’s Mempool, allowing for the integration of fee optimized withdrawal methods in recent weeks.

(EN) https://blog.vbtc.exchange/2021/vbtc-donates-one-million-satoshis-to-mempool-space
(VI) https://blog.vbtc.exchange/2021/vbtc-ung-ho-mot-trieu-satoshi-cho-mempool-space

[VBTC]

While selling Bitcoins has historically not been a good decisions - there are those time where for unexplainable reasons you are looking to get your hands on some Fiat currency.

This is how you do it on VBTC   



(EN) https://blog.vbtc.exchange/2021/how-to-sell-bitcoin-for-vnd-on-vbtc-tutorial-6-copy
(VI) https://blog.vbtc.exchange/2021/huong-dan-ban-btc-lay-vnd-tren-vbtc-bai-huong-dan-6


https://blog.vbtc.exchange/assets/posts/2021-02-25-how-to-sell-bitcoin-for-vnd-on-vbtc-tutorial-6/image1.jpg

[VBTC]

“Since we work directly for the Bitcoin community, it’s an honor to have VBTC sponsor us. Dominik has been a lead figure in the Bitcoin community in Vietnam for many years, so it’s very heart warming and we’re extremely grateful.”

https://news.bitcoinvn.io/vbtc-donates-1000000-satoshis-to-mempool-space/?lang=en

https://news.bitcoinvn.io/wp-content/uploads/2021/03/vbtc-donates-1000000-satoshis-to-mempool-space-1024x576.jpg

[VBTC]

On popular demand our team just raised the limits for cash withdrawals in HCMC for our client base. 

Looking to withdraw straight cash from your VBTC account?

We just raised the limits for cash withdrawals in #HCMC. 🙂

Cash withdrawal options are also available currently in #Hanoi and #HoiAn.

https://twitter.com/VBTC_Vietnam/status/1382199479135203328

[VBTC]

Updated requirements & benefits for dedicated Market Makers on VBTC.

VBTC offers special conditions for professional trading firms and individuals seeking to provide constant liquidity to the order book provided by VBTC.

---> https://blog.vbtc.exchange/2021/how-to-become-market-maker-vbtc

[VBTC]

If you are a Telegram user - you can watch the price movements & premium/discount rates in Vietnam live via our Tickerbot! 


https://blog.vbtc.exchange/2021/telegram-price-ticker-bot-relaunched

[VBTC]

Our Cash Office in Hoi An is fully operational again after several weeks of lockdown. 

You can deposit/withdraw cash straight from our local cash office!

https://blog.vbtc.exchange/2020/vbtc-opens-hoi-an-cash-office

https://twitter.com/VBTC_Vietnam/status/1431764691424927746