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Ethereum Exchange Malaysia

Malaysia's Central Bank Releases Draft Rules For Cryptocurrency Exchanges

Malaysia's Central Bank Releases Draft Rules For Cryptocurrency Exchanges

Malaysia's Central Bank Releases Draft Rules for Cryptocurrency Exchanges Dec 14, 2017 at 20:00 UTC|UpdatedDec 14, 2017 at 21:02 UTC Malaysia's central bank has published new draft regulations for cryptocurrency exchanges that operate in the country. On Thursday, Bank Negara Malaysia announced the move in a release on its website , asking the public to weigh in on measures aimed at easing money laundering and terrorist financing concerns related to cryptocurrencies. Following months of work in this area, the proposed regulations require businesses to verify their customers' identities, monitor transactions and report any suspicious activities toMalaysian authorities. Additionally, companies must report usage statistics to the central bank. If approved, the regulations would apply to any person or company which exchanges cryptocurrency on behalf of someone else.And while the regulations acknowledge that companies might use cryptocurrencies, the nation officially still does not recognize them as legal tender. "Members of the public are therefore advised to undertake the necessary due diligence and assessment of the risks involved in dealing in digital currencies or with entities providing services associated with digital currencies." Bank Negara Malaysia is taking written feedback on the draft rules until Jan. 14, according to the release. The regulations were explained by governor Muhammad Ibrahim last month as tools to prevent illicit money transmission. While the regulations will only apply to exchanges - "which are being referred to as "reporting institutions" - the country's securities regulator is looking at creating a framework for cryptocurrencies in general as well. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalist Continue reading >>

Gemini The Next Generation Digital Asset Exchange

Gemini The Next Generation Digital Asset Exchange

All U.S. Dollar deposits are held at FDIC-insured banks. The majority of digital assets are stored offline in our proprietary, state-of-the-art Cold Storage system. All U.S. Dollar deposits are held at FDIC-insured banks. The majority of digital assets are stored offline in our proprietary, state-of-the-art Cold Storage system. Continue reading >>

How To Buy Ethereum (eth Or Etc)

How To Buy Ethereum (eth Or Etc)

To buy Ether online, you can either turn to an Ethereum exchange or speculate on the price of Ether through a CFD broker. Buy ETH (or ETC, Ethereum Classic) directly through an online exchange. Ether will be stored in and available for withdrawal from your virtual wallet. Changelly ( Changelly.com ): buy Ether, Bitcoin and over 30 other crypto-currencies at instantly at the best rates. Each account is protected with 2 factor authentication. Changelly supports deposits through Visa and Master Card. Visit BitBay ( Bitbay.net ): buy and sell Bitcoin, Ether, Litecoin and Lisk. Each account is protected with 2 factor authentication. Supports bank transfers and credit cards for deposits alongside a wide range of withdrawal options (including ATM withdrawals). Visit Alternatively, you can speculate on rises and falls in the price of Ether through a CFD broker, without having to worry about owning and securing coins in your ETH wallet. Trade CFDs on Ether through the following brokers: eToro ( eToro.com ): open an account with eToro, a social trading platform, to speculate on the Ethereum exchange rate against the US Dollar. eToro also allows you to fund your account through debit cards, credit cards and PayPal. Unlike other brokers, eToro also allows you to follow and copy other successful traders. If you are new to Forex or online trading, this is an opportunity to learn from the best. Plus500 ( Plus500.com ): trade CFDs on Ethereum through the company's award-winning platform on leverage up to 1:30. Plus500 accepts a wide range of payment methods, including debit cards, credit cards and PayPal. The broker is regulated by the FCA, CySEC as well as ASIC and is headquartered in London. Visit Plus500.com to open an account online. Like Bitcoin, Ethereum is an open-source platfo Continue reading >>

A Beginners Guide To Buying Ether In Malaysia

A Beginners Guide To Buying Ether In Malaysia

A Beginners Guide to Buying Ether in Malaysia I have been getting a lot of questions from friends on how to buy and safely store ether in Malaysia. I thought it would be helpful to write a step-by-step guide on buying and storing ether. Ether is the token behind Ethereum , the second largest blockchain by market capitalisation after Bitcoin. Created by Vitalik Buterin when he was just 22 years old, Ethereum was designed to be a decentralized smart contracts platform that can run more complex computer code that Bitcoin could not. Ethereum price has seen a massive price increase since its token sale (aka Initial Coin Offering) in July-August 2014. If you have purchased ether during the crowdsale, 1 bitcoin would have given you 2,000 ether which works out to an exchange rate of about 0.0005 BTC/ETH. Today (June 2017), ether is trading at around US$290 (roughly RM1,250) or roughly (0.1 BTC/ETH). The first step in acquiring ether is to first acquire bitcoin. You may buy bitcoin from these Bitcoin exchanges or marketplaces in Malaysia . There used to be two major exchanges which you can buy bitcoin in Malaysia - Luno and CoinHako . However, CoinHako has stopped its Malaysian operations from 10th February 2017 until further notice, so for the purposes of this guide, we will use Luno to acquire bitcoin. Luno (previously known as BitX) is a Singapore-headquartered Bitcoin exchange that has received over US$4 million in venture capital funding . Luno started out in South Africa and is a Bitcoin exchange focused on developing markets. To begin, head to www.luno.com and create an account as usual. Because bitcoin are financial assets, there is a certain amount of KYC/AML (Know-Your-Customer/Anti-Money-Laundering) procedures that you will need to undertake for Luno to identify you Continue reading >>

Buy & Sell Bitcoin And Ethereum | Bitpanda

Buy & Sell Bitcoin And Ethereum | Bitpanda

Security is our highest priority. To guarantee the highest level of security for your account, we are using state of the art technology and security standards. With strong API-applications, high-end servers and a real-time, fully automated order system, we are able to provide you with 24/7 service and a secure environment to make your first steps into the crypto world in the best way possible. BitPanda was designed to provide you with the easiest and fastest access to Cryptocoins. With BitPanda you can order your coins in less than 2 minutes. Continue reading >>

Ethereum To Malaysian Ringgit Conversion | Eth To Myr Exchange Rate Calculator | Markets Insider

Ethereum To Malaysian Ringgit Conversion | Eth To Myr Exchange Rate Calculator | Markets Insider

Conversion from Ethereum to Malaysian Ringgit The Markets Insider currency calculator offers a currency conversion from Ethereum to Malaysian Ringgit within seconds. Vacationers in Ethereum can make conversions at the current exchange rate. The currency calculator provides an ideal tool for investors investing in international stock exchanges with different currencies. Conversion from Ethereum to Malaysian Ringgit can be done at current rates as well as at historical rates to do this, select the desired exchange rate date. Todays date is set by default. Additionally, the currency calculator shows the closing rate of the previous day as well as the highest and lowest rates of the conversion Ethereum - Malaysian Ringgit. The results are displayed in a clearly arranged table. In addition to the Ethereum - Malaysian Ringgit rate, the Markets Insider currency calculator also offers other exchange rates for about 160 international currencies. Ethereum - Malaysian Ringgit Currency Calculator You have currently selected the base currency Ethereum and the target currency Malaysian Ringgit with an amount of 1 Ethereum.In the menu, you can select the desired exchange rates of about 160 international currencies from the two lists. Additionally, the currency calculator allows you to calculate historical exchange rates in addition to the current rate. The results are displayed in a table with the closing rate of the previous day, the opening rate as well as the lowest and highest rates of the respective date. Continue reading >>

Bitx Opens Feature-rich Bitcoin Exchange In Malaysia

Bitx Opens Feature-rich Bitcoin Exchange In Malaysia

BitX Opens Feature-Rich Bitcoin Exchange in Malaysia Nov 4, 2014 at 02:18 UTC|UpdatedNov 4, 2014 at 09:43 UTC Bitcoinfirm BitX, which focuses on bringing bitcoin services to emerging markets, has added Malaysia to its stable of exchanges. The new exchange , which has been operating live for two weeks now, allows Malaysians to link local bank accounts for both deposits and withdrawals in the local currency, the ringgit. In keeping with BitX's goal to provide local services with local staff, customer support is also available in the country's official language, Bahasa Malaysia. BitX CEO Marcus Swanepoel told CoinDesk that Malaysia is a "very tech savvy market", with bitcoin trading already active at its fringes. "[We're] seeing some good trading activity on other platforms (LocalBitcoins, WhatsApp groups etc), so it's always been a key target market for us." One existing service, btc.my , provides simple buy-sell options with withdrawals to two banks and to date hasbeen the only bitcoin buy-sellplatform available online in Malaysia. BitX Malaysia promises to provide API access, an integrated wallet, a transparent market with full order books and limit orders, and an innovation pipeline. Users will have the usual two-factor authentication and offline 'deep freeze' storage for their bitcoins. The difference is, Swanepoel added, that BitX is able to supply these features at scale, even if volumes and user numbers increase. This is the main benefit an international operation like BitX provides over smaller independent exchanges in such markets, he believes. "Our API is great to stimulate tech innovation and entrepreneurship in Malaysia, and this is a key growth area for them. So we would like to play strong role going forward." The Singapore-based firmannounced in April it a Continue reading >>

How To Buy Bitcoin And Ethereum Inmalaysia

How To Buy Bitcoin And Ethereum Inmalaysia

This article will give you the basic information on how to buy Bitcoin and Ethereum in Malaysia. LocalBitcoins is a peer-to-peer Bitcoin exchange. Localbitcoins is a marketplace where users can buy and sell Bitcoins to and from each other. Traders create advertisements with the price and the payment method they want to offer. LocalBitcoins has an in-built escrow system in place to protect the buyer and the seller. All online trades are protected by escrow. When a trade is started the amount of Bitcoins for the trade is automatically reserved from the sellers LocalBitcoins Wallet. This means that if the seller runs away with your money and does not release your Bitcoins LocalBitcoins.com support can release the Bitcoins to you from escrow. If youre selling Bitcoins, never release the escrow before you know that you have received money from the Bitcoin buyer. As this is a marketplace, there is no set price for Bitcoins. The price is determined by the seller, the quantity and the method of payment. Before trading, you should choose the trusted seller with a good track record. Remitano works pretty much the same as local bitcoins and it is a peer to peer exchange. You can set your purchase and sale price, Continue reading >>

Buysellcoin: How To Buy Or Exchange For Ethereum In Malaysia

Buysellcoin: How To Buy Or Exchange For Ethereum In Malaysia

How to Buy or Exchange For Ethereum In Malaysia Ethereum become the second largest crypto currency yesterday after the crash on 27 May 2017. The price going up and reach $220 new high today. Many people ask me. How to buy ethereum coin in Malaysia. We sellEthereumfor people who are interested in investing/payment purpose with Ether. We also provide exchange if you want to use your bitcoin to exchange ethereum with us. There are no additional charges if you exchange online with us. 1) If you're confident into Ethereum investment and looking into long term profit. 2) You plan to buy something using Ethereum 1) We are trusted reseller of selling bitcoin & ethereum locally in Malaysia. 2)You get ethereum immediatelyinstead of waiting for wire transfer period, processing period, as well as saving all those transaction fees. 3)You don't have to go through the hassle for registering Ethereum Exchange website, We do the job for you as an Agent 4)Think of buying it? not sure how long to get your etheruem after payment? buy from us and you'll know it. from sending payment to receiving takeless than 5min,longest 10min i assured.(when i'm contactable,almost 24/7) DO IT YOURSELF TO EXCHANGE YOUR BITCOIN TO ETHEREUM Continue reading >>

Malaysian Taxman Gives Luno The Cold Shoulder

Malaysian Taxman Gives Luno The Cold Shoulder

Malaysian Taxman Gives Luno the Cold Shoulder Nikita Blows January 16, 2018 11:30 pm Tax authorities in Malaysia have indefinitely frozen Lunos local account used in the country, BitX Malaysia, while they investigate possible tax concerns. London-based cryptocurrency exchange, Luno , has had its Malaysian account frozen pending an investigation by the countrys tax authority, the Inland Revenue Board (IRB). In a statement sent to The Edge Markets , the exchange said: As part of this, IRB has requested that we provide them with information on all our Malaysian customers: identification, deposits/withdrawals, and transactions. We are working closely with the IRB to limit the parameters of this broad request. As set out in our privacy policy, we value your (Luno customers) privacy and strive to protect your personal information. We will only provide personal information where we are legally required to do so and are working with our local advisers to ensure that any disclosure is consistent with our obligations to you, our customers. Luno called on its Malaysian clients to respect and follow the countrys financial requirements: Bitcoin and digital currencies are a new area of development for everyone including regulators, financial institutions, tax authorities, and many others. Navigating this requires everyone to work together to figure out optimal solutions to ensure the industry is safe and conducive to business. We are supportive of the recent measures by Bank Negara Malaysia (BNM) to come up with reporting requirements for digital currency exchanges. In a similar manner, we are working closely with our banks and the IRB to come to a swift conclusion with regard to this investigation. Even though the exchange does not know when the account, locally trading as BitX Mal Continue reading >>

3 Simple Ways To Buy Ethereum Instantly - A Complete Beginner's Guide

3 Simple Ways To Buy Ethereum Instantly - A Complete Beginner's Guide

Last updated on December 14th, 2017 at 08:16 am Note:If youre looking to buy Ethereumfor trading purposes only you may want to check out Plus500 Ethereum CFD trading. Keep in mind that when trading CFDs your capital is at risk. Lately there has been a lot of talk about the hottestaltcoin in the community Ethereum. Ethereum is a cryptocurrency and a blockchain platform with smart contract functionality. Its basically a decentralized platform for developers to build apps on top of and it was invented by Vitalik Buterin in 2013. Ethereum can be used to codify, decentralized, secure and trade just about anything: voting, domain names, financial exchanges, crowdfunding, company governance, contracts and agreements of most kind, intellectual property. Well, Ether is the currency of the Etherium platform. Etherwill be required by anyone wishing to build upon oruse the Ethereum platform. Just like BItcoin, Ether can be traded around the web and mined. In a second Ill show you exactly where you can buy it. Most people use the term Ethereum to refer to the currency instead of Ether and thats why it can get so confusing. The total supply of ether and its rate of issuance was decided by the donations gathered on the 2014 presale of the currency. The results were roughly: 60 million ether created to contributors of the presale 12 Million (20% of the above) were created to the development fund, most of it going to early contributors and developers and the remaining to the Ethereum Foundation 5 ethers are created every block (roughly 15-17 seconds) to the miner of the block 2-3 ethers are sometimes sent to another miner if they were also able to find a solution but his block wasnt included (called uncle/aunt reward) The founders of Ethereum state that Ether is not a currency as much Continue reading >>

Bitcoin And Ethereum Made Easy | Buy, Store And Learn About Bitcoin And Ethereum In Malaysia | Luno

Bitcoin And Ethereum Made Easy | Buy, Store And Learn About Bitcoin And Ethereum In Malaysia | Luno

New to Bitcoin or Ethereum? Learn more on our Learning Portal Why are so many people investing in digital currencies like Bitcoin? People all over the world use Bitcoin to send money to friends and family or buy things online. It can be cheaper, faster and easier to use than ordinary money. Like the internet, no single entity controls Bitcoin. It provides users with both transparency and privacy. It puts you back in control of your money. People are buying Bitcoin because its like digital gold. It is used as an alternative store of wealth, for portfolio diversification, and long term investment. Learn more about Bitcoin and Ethereum on our Learning Portal Why are people from all over the world choosing Luno? Were early industry pioneers and have been around since 2013, successfully processed more than a billion dollars in transactions and have happy customers in over 40 countries. People love our easy-to-use products. From local payment methods to customer support in many different languages, we make your Bitcoin experience the best one. Our expert team has worked all over the world for top tech and finance companies such as Google, Amazon, Morgan Stanley and Barclays. Plus were backed by some of the world's top investors. When we say your money is safe, we really mean it. Weve built some of the worlds most sophisticated Bitcoin security systems and have never been compromised. Continue reading >>

Buy Litecoin: 5 Best Exchanges To Buy Instantly In 2017

Buy Litecoin: 5 Best Exchanges To Buy Instantly In 2017

Jordan Tuwiner Last updated July 13, 2017 This post will show you the best ways to buy litecoins using many different payment methods. Weve listed below many different methods followed by exchanges you can use for each different method. Now that Litecoin has Segwit , it is becoming a very popular buy. Before you start, make sure you have a good litecoin wallet to store your LTC. NEVER store your litecoins an exchange. Buy Litecoin with Credit Card or Debit Card Coinbase is the easiest way to buy litecoins with a credit card. Coinbase is available in the United States, Canada, Europe, UK, Singapore, and Australia. The fees will come out to 3.99% per purchase. BitPanda is based in Austria and is a crypto brokerage service. You can buy using a credit card from most European countries. Buy Litecoin with Bank Account or Bank Transfer Coinbase is the easiest way to buy litecoins with a bank account or transfer. Coinbase, like is is for credit cards, is available in the United States, Canada, Europe, UK, Singapore, and Australia. Americans can use ACH transfer (5-7 days wait), and Europeans can use SEPA transfer (1-3 days wait). The fees will come out to 1.49% per purchase. BitPanda is based in Austria and is a crypto brokerage service. You can buy using SEPA transfer from most European countries. You can also use SOFORT, NETELLER, or GiroPay. Never store your litecoins on an exchange! Always withdrawal your litecoin to an offline wallet like the Ledger Nano S or any other wallet that you control. There is no good way to buy litecoins with cash. LocalBitcoins is the most popular way to buy bitcoins with cash, and it does not have Litecoin support. Other popular cash to Bitcoin exchanges like BitQuick and Wall of Coins also do not support LTC. So you will have to first buy bit Continue reading >>

Exchange Ethereum Eth Into Malaysian Ringgit | Megachange.is

Exchange Ethereum Eth Into Malaysian Ringgit | Megachange.is

Exchange Ethereum ETH to Malaysian ringgit in just a few clicks! Do you want to convert Ethereum ETH to Malaysian ringgit fast and automatically, at the best rate and with minimal fees? Then you are in the right place! Here are just some of the reasons our exchange service is the best choice to convert Ethereum ETH to Malaysian ringgit. We have been working with the currency pair Ethereum ETH - Malaysian ringgit for a long time with plenty of successful deals behind us and lots of satisfied customers recommending our service. Our reserves never run out, that's why we can smoothly complete your exchange from Ethereum ETH to Malaysian ringgit anytime. All requests are processed securely and within the shortest possible time if not instant. We pay individual attention to wholesale currency dealers willing to convert Ethereum ETH to Malaysian ringgit offering them the best conversion terms. We do provide best exchange rates which are constantly updated according to the current market situation. We don't have any hidden fees, that's why you will always know the exact amount to be credited to your account before the transaction is completed and can see the precise rate of the Ethereum ETH to Malaysian ringgit exchange. Our exchanger is a certified partner of such payment providers as PayPal, OKPAY, WebMoney, PerfectMoney, Qiwi, Yandex Money, Payeer, LavaPay, Paxum, bitcoin, litecoin and many more. We are also featured in the popular exchanger monitoring services OKchanger and BestChange. Use MegaChange to convert Ethereum ETH to Malaysian ringgit and experience what a true customer-focused online exchange service is like. Continue reading >>

Where You Can Buy And Trade Ethereums Ether (eth) Coins

Where You Can Buy And Trade Ethereums Ether (eth) Coins

All About BTC, LTC, ETH mining as well as other alternative crypto currencies Where You Can Buy and Trade Ethereums Ether (ETH) Coins Ethereums Ether coins have been available for mining and trading for just a couple of days, but a few of the larger crypto currency exchanges have already added the coins for trading. Below you can find a list of the crypto currency exchanges where Ethereums Ether coins can be purchased and sold for the moment with more exchanges probably following soon. The list below has the exchanges listed by the ETH trading volume for the moment: It would be nice to also see some Ethereum Faucets that will be giving out some free Ether coins for people to try if they have everything ready for their local Ethereum wallet as well as when they are preparing to start mining the coin. In our recent Quick Guide on How to Mine Ethereum on Windows we have covered how you can get started. However mining either locally or in a mining pool can take some time before you get your first Ether (ETH) coins in your wallet, especially if you have low hashrate. Alternatively you can just buy a fraction of ETH for testing things out from an exchange listed above and transferring them to your local wallet. Continue reading >>

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