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WikiFX
Phoebe Yao
1-2 years

Is it possible to deposit funds into my BOT account with cryptocurrencies such as Bitcoin or USDT?

Broker Issues
BOT
Deposit
Withdrawal
08-22
United States
WikiFX
Reply

As an experienced trader, when asked if it’s possible to deposit cryptocurrencies like Bitcoin or USDT into a BOT account, I proceed with the utmost caution. Based on my own review of the available information, it is unclear whether BOT—referred to here as the Bank of Thailand or entities using the "BOT" name—actually offers any legitimate trading accounts or supports crypto deposits at all. In my years of trading, clarity and transparency from a brokerage on deposit methods is a non-negotiable baseline and, for me, the absence of this information is a significant warning sign. From the context and user reports I’ve examined, there are multiple complaints about lost funds, inability to withdraw money, and outright accusations of scams related to BOT accounts and related trading bots. There is no statement confirming official support for cryptocurrency deposits or withdrawals. In my personal evaluation, a broker operating without clear regulatory oversight and facing such a volume of negative user experiences represents a high-risk environment—especially for cryptocurrency transactions, which are often irreversible and favored by bad actors in the industry. Consequently, I would not attempt to deposit Bitcoin, USDT, or any assets into a BOT account unless I could independently verify, through official channels, both the legitimacy of the broker and the specifics of their funding procedures. For me, protecting capital always comes first, and I would advise any trader to exercise extreme caution before sending any form of deposit—especially crypto—to a platform with these unresolved issues.

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