Hi all. I am American living in US and I have a question regarding VND. I know the quoted post is talking about decentralized exchanges, etc. My question is, are there any exchanges in Vietnam that a local business in Vietnam with a bank account can set up an account and trade ETH or USDC? There has to be liquidity and volume so that the trading prices are not absurd. Thanks.
In Vietnam, there are a few exchanges for you but the most popular one is Remitano. It is the page for ETH trading to Vietnamese dong.
ETH on Remitano. You have to go through their KYC and set up your bank account details for your Remitano account. You are only allowed to set up bank account details that match with your personal name that you use to register and verify your Remitano account. I mean you can set up 1 or multiple bank accounts as long as your names in bank account and in Remitano account matches each other.
Remitano has its disadvantage: Fees and huge gaps in sell and buy order price. Locals don't like that.