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Author Topic: Is bitcoin ok in Viet Nam?  (Read 180 times)
pinggoki
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December 20, 2023, 04:46:45 AM
 #21

The answers already provided to you OP, now what it means when they say it's illegal as a medium of exchange is that you can't use it to exchange for goods and services, Binance is probably a good place to do trading of bitcoin, P2P in Binance is a good way to buy and sell bitcoin or you can convert to USDT then swap that USDT to Vietnamese dong.

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icalical
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December 20, 2023, 01:33:01 PM
 #22

I visited Vietnam Last year, I am not sure about the legality of Bitcoin in here, but you can't directly purchase anything with Bitcoin as far as I know. There is a Vietnam based crypto exchange https://bitcoinvn.io/ so I guess it's not completely illegal, but to use this exchange you will need to have account on Vietnam local bank.

My advice  if you still want to use Bitcoin as your main reserve is you can ask for Debit Card from your bank, then use your usual way to convert Bitcoin to your own local currency and then transfer it to your bank account, and use your debit card to withdraw some cash in Vietnam ATM. 

That's what I did on my last visit to vietnam

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