Here is our expert review outlining the best crypto exchanges available in Malaysia. Compare their features, supported coins, payment options, security measures, fees, and more to determine the best platform for your trading requirements.
👉 Discover Malaysia's top-rated crypto platforms
For novices embarking on their crypto ventures in Malaysia, we’ve assessed the top 5 trading platforms prevalent in the region:
- Luno – Best Overall Crypto Exchange in Malaysia
- Tokenize – Best for Security Measures
- Sinegy – Ideal for Newbies (Easiest to Use)
- Huobi – Top Choice for Advanced Traders
- Kucoin – The Cheapest Exchange
Luno: Best Overall Crypto Exchange
Founded in 2012, Luno is a leading regulated digital asset exchange with an excellent reputation and active peer-to-peer community. It allows easy purchasing of Bitcoin (BTC), Ethereum (ETH), and other major cryptocurrencies using Malaysian Ringgit (MYR).
Key Features:
- Convert between crypto and MYR seamlessly
- Supports bank transfers and credit card deposits
- Mobile app for on-the-go trading
- Low trading fees (0.10%–0.25%)
Supported Coins:
- Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC)
Tokenize: Best for Security
Launched in 2017, Tokenize offers a secure Singapore-based exchange with a simple interface for beginners.
Key Features:
- 0% market maker fees
- 40+ supported cryptocurrencies
- Two-factor authentication (2FA)
Supported Coins:
- Major coins (BTC, ETH) + altcoins
Sinegy: Easiest for Beginners
As Malaysia’s first licensed exchange, Sinegy focuses on fiat-to-crypto trades with MYR.
Key Features:
- Regulated by Malaysian authorities
- Advanced charting tools
- Cold wallet storage
Supported Assets:
- BTC, ETH, XRP
Huobi: Top for Advanced Traders
Huobi offers 300+ cryptocurrencies, margin trading, and derivatives for seasoned investors.
Key Features:
- High liquidity
- MYR/USD/USDT support
- Multilingual customer support
Kucoin: Cheapest Exchange
Kucoin stands out for its 600+ altcoins and ultra-low fees (0.10%).
Key Features:
- 600+ micro-cap gems
- 24/7 multilingual assistance
How to Buy Crypto in Malaysia
- Choose a regulated exchange (e.g., Luno).
- Register and complete KYC.
- Deposit MYR via bank transfer or card.
- Buy crypto and store securely.
FAQs
What is the cheapest crypto exchange in Malaysia?
Kucoin offers the lowest fees (0.10%).
Which exchange is best for beginners?
Luno and Sinegy have user-friendly interfaces.
Is crypto legal in Malaysia?
Yes, but regulations are still evolving.
👉 Start trading securely today
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