waanx review
Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Waan Exchange is a custodial exchange run by Waan Exchange Co., Ltd. and listed with the Thai SEC, built for traders who fund an account by bank transfer. Trading costs sit at 0.25% for both taker and maker orders, with withdrawals at 20 THB, which is above the 0.2% site median.
Key facts
- Best for
- Traders in Thailand who hold a bank account and want a locally listed exchange.
- Taker fee
- 0.25%↗
- Regulators
- Thai SEC↗
- Fiat deposit methods
- Bank↗
- Maker fee
- 0.25%↗
- Withdrawal fee
- 20 THB↗
- Exchange type
- Cex↗
- Legal entity
- Waan Exchange Co., Ltd.↗
- Headquarters
- Thailand↗
- Founded
- 2022↗
- Support channels
- Help-centre↗
- Features
- Custodial
- Official website
- waanx.com
Facts checked September 26, 2026, 5 sources
Apps and profiles
- Elsewhere
- LinkedInXfacebook.com
Pros and cons
Pros
- Registered with the Thai SEC, so the licence and the operator sit in one place
- Taker and maker fees are both 0.25%, so cost does not change with order type
- Fiat arrives by bank transfer, which suits people already banking in the local currency
- Help centre support, a channel most exchanges in the ranking also run
Cons
- Fees of 0.25% sit above the 0.2% site median and the 0.2% exchange median
- Support runs on help centre only, with no listed chat or phone line
- Custodial, so balances sit with the platform rather than in a wallet you hold
Ready to try waanx?
Scored 8.4 / 10 by HodlCue.
Who it suits
- Thai residents who can send a bank transfer and trade in the local currency
- Traders who want a listed operator and a named regulator on the record
- People who keep a modest balance and trade less often, where 20 THB is not the deciding number
Who should look elsewhere
- Active traders, since activtrades charges 0% for the same kind of order
- European readers who want a longer licence list, as Bitpanda shows under FMA (Austria), BaFin (Germany) and Austrian Financial Market Authority (FMA)
- Anyone budgeting the tightest spread, because bunq runs 0.25% to 1.99%
Trading and withdrawal fees
Trading costs are the same on both sides of the book: 0.25% to take and 0.25% to make, so nothing is saved by posting orders. That compares with a site median of 0.2% on the taker fee and a wider spread across the platforms ranked here, from 0% to 5.5%. Withdrawals cost 20 THB, a flat charge worth weighing before moving coins off the exchange. Funding in runs through bank transfer, the route most listed exchanges here also support.
Safety and regulation
The exchange is listed with the Thai SEC, the regulator named on the licence, and the operator is Waan Exchange Co., Ltd. Accounts are custodial, which places the balance with the platform rather than in a wallet you hold, and most exchanges in the ranking share that design. Among the three options on this page, the licence footprint is the narrowest: Bitpanda lists FMA (Austria), BaFin (Germany) and Austrian Financial Market Authority (FMA). The company was founded in 2022 and is headquartered in Thailand.
How waanx compares
8.4 vs 9.5- 8.4 vs 9.3
8.4 vs 9.2
8.4 vs 9.7Charges 0% on the taker fee, so it costs far less per trade than 0.25%.
8.4 vs 9.4
8.4 vs 9.6
8.4 vs 9.0
8.4 vs 9.0
8.4 vs 9.0
8.4 vs 9.0
8.4 vs 8.9
8.4 vs 9.0
8.4 vs 8.2
8.4 vs 8.2
8.4 vs 9.7
8.4 vs 9.4
8.4 vs 9.3
8.4 vs 9.2
8.4 vs 9.2
8.4 vs 9.1
8.4 vs 9.0
8.4 vs 8.7
8.4 vs 8.6
Where waanx is available
- Available
- Thailand
- Licence in Thailand
- Thai SEC, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does it cost to trade on Waan Exchange?+
Taker and maker orders are priced the same, at 0.25% and 0.25% respectively, so posting an order earns no discount. That sits above the 0.2% site median and the 0.2% median for exchanges. High-frequency traders pay the difference on every fill.
Is Waan Exchange regulated?+
Yes. It is listed with the Thai SEC, and the operator named on the licence record is Waan Exchange Co., Ltd. The company is headquartered in Thailand and was founded in 2022. No protection scheme is described for balances held on the platform.
How do you deposit money into a Waan Exchange account?+
Fiat funding runs through bank transfer, the method listed for deposits. Bank transfer is also the most common funding route among the exchanges compared here. Anyone paying in by card would need a different platform.
How much does it cost to withdraw from Waan Exchange?+
Withdrawals cost 20 THB each time. That is a flat charge on top of trading fees, so it weighs most on people who move funds in and out often. The trading side of the cost is 0.25% per order.
Do I hold my own crypto on Waan Exchange?+
No, the account is custodial, so balances are held on the platform. Most exchanges in the ranking are custodial as well, so this is the normal design rather than an exception. Readers who want to hold their own keys would look at a different model.
What support can you get from Waan Exchange?+
Support runs through help centre. A help centre is the most common channel among the exchanges compared, but there is no listed chat or phone line. Anyone who needs a live conversation will not find one listed here.
How does Waan Exchange compare with bunq and Bitpanda on fees?+
Waan Exchange charges 0.25% to trade. bunq runs fees of 0.25% to 1.99%, while Bitpanda has no fee in the pack to compare. Waan Exchange also has a withdrawal charge of 20 THB to weigh.
Sources
- market.sec.or.th/LicenseCheck/CompanyDetail/0000033468 checked September 26, 2026
Backs: Regulators, Licences
- waanx.com/en/fee-list checked September 26, 2026
Backs: Maker fee, Taker fee, Withdrawal fee
“The fees are charged per trade (Buy or Sell) 0.25%”
- waanx.com/en/company checked September 26, 2026
Backs: Exchange type, Founded, Headquarters
“operating as a digital asset exchange or a digital asset broker”
- waanx.com/en/faq checked September 26, 2026
Backs: Features, Support channels
“What is Waan Exchange's asset safekeeping?”
- waanx.com/en/fee-list checked September 26, 2026
Backs: Fiat deposit methods, Legal entity
“The minimum deposit amount is 100 Baht”
Compiled from 5 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Coins listed.
Related by the facts
waanx
Traders in Thailand who hold a bank account and want a locally listed exchange.