Buy sell cryptocurrency malaysia

The simplest explanation is that cryptocurrencies are digital currencies which allow you to make purchases online. Unlike traditional currencies, they only exist in digital form and aren’t backed or controlled by banks and governments. In other words, cryptocurrencies are entries about coins or tokens in decentralized consensus-databases.

Before you proceed, a friendly warning that you should only invest with the money you can afford to lose, given the speculative nature of cryptocurrency.

There’s no way to buy altcoins using MYR at the moment. You have to buy BTC or ETH and send it to an exchange such as Binance, Bitfinex and Bittrex that you can trade them for altcoins.

The good news is NuMoney is here to solve the problem of buying altcoins in Malaysia.

Between all the different exchanges and options out there, you’re left confused.

As you’d expect, the best option for one, may not be the best for ALL people.

After reading this guide, you’ll know the best Bitcoin exchange in Malaysia to make your first purchase!

Luno is one of the most popular Bitcoin and cryptocurrency exchanges, and for good reason. It allows for the buying and selling of Bitcoin and Ethereum against several fiat currencies including MYR (Malaysian Ringgit).

Luno’s fees are extremely low compared to the competition, with a 0%-1% trading fee that scales based on trading volume.

The more you trade on Luno, the lower the fees. Out of all the exchanges that allow users to buy Bitcoin in Malaysia, Luno’s are the cheapest.

Luno also has the highest limits available, when full account verification is achieved.

We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.

You’ll need a Bitcoin wallet before you buy since some exchanges require one.

Don’t have a wallet? Read our guide on the best Bitcoin & cryptocurrency wallets.

Luno is a Bitcoin exchange with a presence in South Africa, Singapore, Nigeria, Malaysia and Indonesia. It offers 0% fees for market makers, meaning you can avoid fees if you place a buy order then wait for a seller to take it.

Luno also offers an Instant Buy feature.

We may receive compensation when you use Luno.

Please visit Luno for its exact pricing terms.

Coinmama allows customers in almost every country to buy bitcoin with a credit or debit card. They charge a ~6% fee on each purchase.

Sign up for your free Luno Wallet on web, iOS or Android and follow our easy process to set up your profile

Choose your preferred payment method like bank transfer or credit card to add money to your Luno Wallet

Buy Bitcoin or Ethereum, then securely store it in your Wallet or send it on easily to friends

Sign up for your free Luno Wallet on web, iOS or Android and follow our easy process to set up your profile

Choose your preferred payment method like bank transfer or credit card deposit to top up your Luno Wallet

Buy Bitcoin or Ethereum, then securely store it in your Wallet or send it on easily to friends

People all over the world use Bitcoin to send money to friends and family or buy things online. It can be cheaper, faster and easier to use than ordinary money.

Like the internet, no single entity controls Bitcoin.

Один ответ к “Buy sell cryptocurrency malaysia”