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Although Luno has recently relaunched in Malaysia after its SC approval, the platform has been around since , with over 3 million customers spanning over 40 countries. The exchange has also made it into the top-ten of the CryptoCompare Exchange Benchmark published on November 19th, All Categories All Categories Close.

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Should I Invest in Crypto? // Buying Bitcoin using Luno

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Written by Jen-Li Lim In partnership with Do you happen to be an investor, a trader or a tech enthusiast? Luno makes it safe and easy to buy, store and learn about cryptocurrencies. Share this article Share this! Cryptocurrencies are slowly becoming popular in this country, while Bitcoin has historically been rather difficult to obtain in Malaysia.

The Regulatory Environment

Since , there is has been a growing demand for Bitcoin Exchanges to be established to serve the local Market which prompted Bank Negara Malaysia to emphasize a policy which mentions that reporting organizations are not allowed to portray itself as a licensed entity under the central bank though they have reporting obligations to the regulator. Go to Luno. Go to Coinhako.

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Besides offering Trading services, Coins. The company behind Coins. With a dedicated Team, Coins. The independent Malaysian Exchange seems to have lower trade volume compared to Coins. Operating since , this company was founded by Yuwarajan. You can find out more by visiting our privacy policy. By continuing to use the site, you are agreeing to our use of cookies. Sign up.

Is It Safe (Or Legal) To Buy Bitcoin In Malaysia?

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Buy Bitcoin Malaysia (BTC MYR), Ethereum & XRP | Luno

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Store your cryptocurrency securely in a Luno Wallet Get Started. We've processed over 17 billion USD. Available in over 40 countries. Deposit money Choose your preferred payment method like bank transfer or credit card to add money to your Luno Wallet.

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