You want to fund your BitcoinVN account to swap your Vietnamese Dong into some Bitcoin, Tether or any of the other 80+ cryptocurrencies available on BitcoinVN? VND cash deposit
Or maybe just put some of your money to work in the BitcoinVN staking (liquidity provision) program?
You can now do so via the newly enabled BitcoinVN Cash Deposit option.
Cash funding option in Saigon – further locations to come
While previously the BitcoinVN platform only allowed for cash withdrawals (cash deposits were limited to high-volume OTC clients), you can now directly deposit cash into the platform.
Currently, this cash deposit service is limited to Ho Chi Minh City (Saigon), but a rollout to other cities in Vietnam is on the horizon.
No identity verification is required at this time, but you will need to sign up for an account to use the cash deposit function.
You can read our full step-by-step guide on how to deposit VND cash into your BitcoinVN account here.
This service is especially useful for the unbanked population who, for various reasons, live without access to domestic banking in Vietnam. VND cash deposit
Once your account is funded, you can immediately swap your balance into any cryptocurrency of your choice. You can then withdraw to any valid blockchain address, keep it on the platform, or move it to a hardware wallet of your choice.
If you live in Saigon and want to cash out your crypto without a domestic bank account, the following article will guide you through the process and available options:
How to withdraw cash in Saigon without a local bank account or credit card