Using MAXBIT DIGITAL ASSET OTC SERVICE
- Users must have an account on the platform of Maxbit Digital Asset Co., Ltd., and have completed identity verification in accordance with the company's terms and conditions.
- Users must have at least one digital asset transaction or deposit transaction on the platform of Maxbit Digital Asset Co., Ltd., with a minimum value of 200,000 THB per transaction.
- Users are required to provide the following documents for consideration:
o Bank statements for at least three months from the date of requesting MAXBIT
DIGITAL ASSET OTC SERVICE (mandatory).
o Proof of address, such as invoices or utility bills (e.g., water, electricity,
telephone).
o Evidence of digital asset ownership (if applicable).
o Documents supporting the source of income (if applicable).
- Users must have Thai Baht or digital assets in their account that are not less than the amount intended for trading.
Users must maintain a trading volume of at least 5,000,000 THB per month to retain eligibility for MAXBIT DIGITAL ASSET OTC SERVICE.
Benefits of Using MAXBIT DIGITAL ASSET OTC SERVICE Trading Fees
• The trading fee for MAXBIT DIGITAL ASSET OTC SERVICE starts at 0.1% of the transaction value ("standard fee") upon activation of the service.
Daily Withdrawal Limits for Thai Baht and Digital Assets
• For OTC customers, the initial daily withdrawal limit is 10 million THB and 20 Million THB for digital assets, effective immediately upon activation of the service. This limit may be increased based on the trading volume from the previous month and supporting documents as per the company's process for requesting daily withdrawal limit increases. The withdrawal limits are outlined below:
Notes:
1. Users must place orders of no less than 200,000 THB per buy or sell transaction, both through MAXBIT DIGITAL ASSET OTC SERVICE and on the trading platform.
2. Daily withdrawal limit increases are subject to request and the submission of supporting documents as per the company’s standard process. Approval for such requests will be granted by the company’s management.
3. The withdrawal fees for Thai Baht and digital assets will follow the same rate as for general users or may change as per the annexed documents (if applicable).
Termination of MAXBIT DIGITAL ASSET OTC SERVICE The company reserves the right to terminate the service immediately without prior notice under the following circumstances:
- If the user violates any terms of this agreement or the company's service terms and conditions.
- If the user's trading volume falls below 5,000,000 THB for two consecutive months.
If the user no longer meets the eligibility requirements for the service, especially in cases of changes in financial status, including but not limited to filing for bankruptcy, initiating
bankruptcy protection, or similar events.
If the user fails to provide necessary information for identity verification or data review
within the specified timeframe, or if the company is unable to contact or verify the user's
identity for any reason.
If the user is found to have violated any laws or regulations, either directly or indirectly,
imposed by regulatory authorities overseeing the company.
In cases beyond the aforementioned reasons, the company will notify the user in writing at least 15 days in advance. If there is no response, the company reserves the right to revoke the user's access to MAXBIT DIGITAL ASSET OTC SERVICE without further notice.