Where to Buy and Sell Bitcoin in Malaysia

Here are the top most popular and trusted Bitcoin exchanges in Malaysia where you can buy, sell, transfer and invest in bitcoins.

1] Remitano

About Company: Remitano is a product of Babylon Solutions Limited – incorporated in Seychelles. It provides escrowed P2P Bitcoin marketplace where people buy and sell Bitcoin easily and safely with notable simple UI, friendly online customer support 24/7 and lowest fee compared with major players on the market.

Fees Structure:   The fee is 1%.

Payment Method: Mode of payment is only by instant electronic/online money transfer and after doing that, please upload the proof of payment for confirmation.

Pros:

1. Fast and Secure.

Cons:

1. User guide is not easy to apply for newbie, should include more images in the new user guide.

2] CoinBox

About Company: Coinbox was founded and funded by several companies who want to help Malaysian to get access to bitcoin.

Fees Structure: 0.2% fee.

Payment Method:

Pros:

1. Fast and real-time.
2. Secure and Easy.

Cons:

1. some errors in app.

3] Luno

About Company: one of the world’s leading digital currency companies with a team of over 40 technology and finance experts, operating across several countries and continents.

Fees Structure: 0% for market makers and only 0% – 1% for market takers (depending on fiat currency)

Payment Method: Bank transfer.

Pros:

1. Safe and easy for people.
2. One of the most trusted Bitcoin exchanges in Asia.

Cons:

1. Users should not store bitcoins in Luno’s wallet service.
2. Limited deposit options, usually only bank transfer, and no credit/debit card options.

4] XBit Asia

About Company: Founded by Malaysian Digital Entrepreneurs, Yuwarajan. K and Mac Sivanesan in early 2016, XBit Asia is an all-inclusive platform to buy, sell and accept Bitcoin.

Fees Structure: 0.8% fee.

Payment Method: Inter-Bank GIRO.

Pros:

1. Compliant & Safe.
2. Very low fees.

Cons:

1. Average user support.
2. Limited worldwide availability.