2017 has been a crazy year for anyone running a Bitcoin Exchange in Malaysia. If you’re looking to start investing or trading Bitcoin in Malaysia, this article will get you up to date with the latest places you can buy and sell Bitcoin in Malaysia.
Let’s look at the current 2018 list of Bitcoin Exchange Malaysia.
- Luno – Luno is currently the largest Bitcoin exchange in Malaysia which allows Malaysians to buy and sell Bitcoin and Ethereum. They are headquartered in London and as of January 2018, they are currently facing some issues with their Malaysian bank account because of compliance and regulatory affairs with the inland revenue board. Once they have sorted things out Malaysians should be able to withdraw and deposit MYR from their Luno accounts. You can check the latest Luno status updates here.
- Remitano is a peer-to-peer cryptocurrency exchange which is still a popular Bitcoin Exchange in Malaysia. Buyers and sellers are protected by an “escrow” type of service.
- Bitcoin are locked until seller confirms the payment
- In case of problems, our support team will resolve base on evidence provided by both sides.
- Coinhako is a cryptocurrency exchange which allows Malaysians to buy and sell Bitcoin and withdraw into their local bank accounts. The withdrawal fee for Malaysians in a fixed rate of RM6. Many claim that this would be the most feasible option for investment and trading Bitcoin now that Luno is having problems.
- Localbitcoins is similar to Remitano, a marketplace Bitcoin exchange for Malaysians to trade their Bitcoin. They offer an escrow service as well. In any case, it’s always advisable to trade with reputable advertisers on marketplaces such as these.
- Last but not least, there’s Cex.io. But currently, they are not accepting new registrations anymore. If you created an account before they stopped accepting users, good on you! You still can trade Bitcoin there.
Editors note: Our definition of Bitcoin Exchanges in Malaysia is basically any exchange online, whether headquartered in Malaysia or not which allows you to buy and sell Bitcoin in Malaysia.
And that’s our 2018 list of Bitcoin Exchanges in Malaysia. If you have any to add to the list, feel free to let us know in the comments section below! This list will be updated from time to time as the landscape evolves and exchanges become active.