CAEX introduces direct vnd deposits to buy crypto, eliminating the need for p2p
On the morning of November 6, at the Vietnam Digital Financial Security Forum 2026 in Ho Chi Minh City, CAEX – a crypto asset exchange under the VPBank ecosystem – introduced its process for VND deposits, withdrawals, and crypto trading on the platform.
According to the presented workflow, users can:
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Deposit VND directly from their registered personal bank account.
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Buy and sell crypto using their VND balance right on the exchange.
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Withdraw VND back to their bank account following the platform’s procedure.
Investors will no longer need to rely on P2P transactions to convert cash into crypto, as many currently do.
Furthermore, CAEX has completed two major milestones in preparation for launch:
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Fully raised 10,000 billion VND in charter capital.
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Completed the Level 4 Information System Security assessment.
Backing CAEX is the VPBank ecosystem, along with international strategic partners OKX and HashKey. Representatives from OKX were also present at the event.
However, CAEX is currently still in the licensing process and has not announced an official date for opening trading to the public.（Vietnam Crypto Exchange）
If Vietnamese crypto exchanges allow direct VND deposits via banks without requiring P2P, would you switch to trading on a domestic platform?