Bitcoin ATMs in Malaysia 2021

A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.

Many cryptocurrencies are decentralised networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that central authorities generally do not issue them, rendering them theoretically immune to government interference or manipulation.

Lately, many types of cryptocurrencies have been making headlines on the news. This is because of their increasing prices which are making tons of investors happy.

However, it is not very popular in Malaysia and many people still do not have a clear idea of what it is. If you are interested to buy Bitcoin or crypto in Malaysia, here are the ways to do so.

Here is a list of Bitcoin ATMs in Kuala Lumpur and Malaysia for you to buy Bitcoin in Malaysia. Please take note that there is a fee for each transaction and the fee can be as high as 15% depending on the ATMs.

1. Bitcoin ATMs in Malaysia

Bitcoin ATM is a machine which allows you to buy and sell Bitcoin with cash. Unlike cryptocurrency exchanges that require verify your identity, Bitcoin ATMs do not require any verification process, which also means that your transaction can be carried out quickly.

The major drawbacks of these machines would be its limited availability and high transaction fees charged. In Malaysia, there are several Bitcoin ATMs located in Kuala Lumpur, Petaling Jaya, Langkawi, Ipoh and Klang. Some ATMs charge a high fee of up to 10% and thus may not be suitable for larger transactions.The list of Bitcoin ATM locations that are operating throughout Malaysia is as below.

Bitcoin ATM in Petaling Jaya @ Miningpuppets



MiningPuppets is one of the first Bitcoin ATM deployer in Klang Valley.

Address: C-03A-2 & C-03-2, Block C Plaza Glomac, Jalan SS 7/19, 47301 Petaling Jaya, Selangor, Malaysia.

Operation Hour: Monday – Saturday (10.30 am – 7.30 pm)

Transaction Limit: RM5,000 / day

Web: miningpuppets.com

Bitcoin ATM in Nilai | Training Centre Million Crypto Group in Nilai

Address: Kota Seri Emas, 71800 (A-12 D'street Mall) Nilai, Negeri Sembilan, Malaysia.

Operation Hour: 24/7

Transaction Limit: Minimum buying and selling amount: RM 50 / day
Maximum buying and selling amount: RM 1000 / day

Bitcoin ATM in Montel Cafe, Langkawi

Address: Kg Bubor Mukim Kedawang Temonyong, 07000 Langkawi, Kedah, Malaysia

Operation Hour: Monday – Saturday ( 11.00 am – 10.00 pm)
Sunday( 11.00 am- 11.00 pm)

Transaction Limit : Min: RM50, Max: RM3000 dan uses SMS for verification.

Bitcoin ATM in Ipoh | PinkExc @ Ipoh, Perak

Address: No. 1, Jalan Meru Bestari A14, Medan Meru Bestari, 30020 Ipoh, Perak

Operation Hour: 9.00 am – 9.00 pm daily

Bitcoin ATM in Klang, Malaysia

Address: 31, Jalan Kasuarina 5, Bandar Botanik, 41200 Klang, Selangor

Operation Hour: 10.00 am – 7.00 pm daily

Bitcoin ATM in Kuala Lumpur, Malaysia

Operator: CoinUnited.io

Address:
36, Jalan Walter Granier, Bukit Bintang
55100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur

Operation Hour: 
Mon-Sat: 9:30 am – 10:00 pm

Luno Malaysia Sdn. Bhd.

Level 11, Menara KEN TTDI,
No. 37, Jalan Burhanuddin Helmi,
Taman Tun Dr Ismail, 60000 Kuala Lumpur

SINEGY Technologies (M) Sdn. Bhd.

18-32-D Gurney Drive (Gurney Tower)
10250 Georgetown, Pulau Pinang

Tokenize Technology (M) Sdn. Bhd.

Q Sentral, Unit 39-02 (East Wing),
2A, Jalan Stesen Sentral 2, Kuala Lumpur Sentral,
50470 Kuala Lumpur, Malaysia

Securities Commission cautions Malaysians against using Crypto ATMs

"The SC wishes to alert the public that entities operating Crypto ATMs are considered to be operating a Digital Asset Exchange (DAX) which require registration with the SC. In this regard, the SC has not authorised any entity to operate Crypto ATMs," it said in a statement.

As such, it cautioned and reminded members of the public not to deal with unlicensed or unauthorised entities or individuals. "Those who do so are not protected under the Malaysian securities laws and are exposed to various risks, including fraud and money laundering,” it added.

Those wishing to verify if a digital asset operator is registered with the SC can check at Cryptocurrency Malaysia Securities Commission.



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