How to buy Bitcoin and Ethereum in Malaysia
This article will give you the basic information on how to buy Bitcoin and Ethereum in Malaysia.
- Localbitcoins.com
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 seller’s 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 you’re 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
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,
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