There are a number of exchanges to buy bitcoin in Malaysia. Some of them have made a presence since the beginning of the bitcoin launch and some of them have been newly included in the Cryptocurrency sphere. Choosing the right exchange is very necessary. Exchanges which have lower service fee and better security with some good features is what you should be looking for.
Plus, it’s not necessary that you should only choose to buy from the exchanges present in Malaysia. It’s always a better option to buy from well-established cryptocurrency exchanges. You can have a look at a few linked articles below before I explain you the top 5 exchanges to buy bitcoin in Malaysia.
5 Best Exchanges To Buy Bitcoin In Malaysia
When it comes to the buying bitcoins on cryptocurrency exchanges, you will either be required to register yourself first and complete the verification process or in some cases, you will be directly allowed to buy bitcoin. Majority of the exchanges require registration and verification. So, just visit any of the exchange linked below and complete the registration and verification. Once you have been verified you can instantly begin making purchases.
Luno is the number 1 in our list. It’s one of the popular exchange in Asia and provides its services to a few countries including Malaysia. The service fee is nearly 0% which is quite good. The security features are quite immeasurable. Once you buy bitcoin from Luno make sure to move your bitcoins to a different wallet for better safety. The user interface is decent and navigating around the exchange will be very conventional.
Coinmama is the most talked cryptocurrency exchange today. It provides its services to all most all countries and also has a bunch of payment option from which you can choose to make transactions and buy bitcoins. The service fee is near to 6% on bitcoin purchases and is highly reliable and trusted amongst cryptocurrency exchanges.
Who doesn’t know LocalBitcoins? And there is no meaning in writing this article if localbitcoins is not present in the list. This exchange is present in almost all countries. It’s a p2p website which lets buyer meet sellers and vice versa. If you are having a tough time to buy bitcoin in Malaysia, then you can easily choose Localbitcoins.
You simply need to enter the number of bitcoins you want and then add your location and hit search. Within seconds you will be provided a list of sellers near your region from whom you can directly buy bitcoins.
Note: Always check the seller’s profile for reliability, check out the sales record and any hints of scam before you make transactions.
Cex.io is one of the most reliable and trusted bitcoin buy/sell exchange worldwide. The service is very instant and easy. Upon transaction, you’ll instantly receive your bitcoins in your wallet. The service fee is quite average, you’ll be charged a very small fee when you make a transaction. Apart from this the interface and the features are quite common like.
Changelly is the oldest and reliable cryptocurrency exchange presents with over millions of transactions and thousands of customers in its name. Changelly definitely stands amongst top cryptocurrency exchanges. The user interface is minimal and the security provided is standard.
You can easily choose any one among the list to buy bitcoin in Malaysia. Luno is definitely the best when compared to fees and service, but you’ll soon have to transfer the bitcoins to an alternative wallet for your safety. Apart from that if you have trouble buying bitcoins, then you can go with localbitcoins. You’ll definitely find some good sellers there who are willing to sell bitcoins.
If you have any other questions on the topic regarding how to buy bitcoin in Malaysia. Please, feel free to ask your question in the comments section below.