Yes, I would like to know too.
The bitcoin price keeps going up and I can't buy because Bitx can no longer handle RM deposits...!
Anybody else has any safe and secure alternatives?

Even at the lowest point in January 2016, the price per bitcoin was still around USD 370.
10 bitcoins would have cost USD 3700, how did you manage to buy them for only RM 1600...?
Or did you mean RM 16,000 actually?

Cool, thanks for the info.
Will definitely have a look at it.

Any news on the status with Bitx and Coinbox though?
Their websites are not able to confirm when these issues are expected to be resolved.

So in your personal opinion, XBit Asia is safe and OK to use?

Yes, and now I am really worried that once I start using XBit Asia, the same will happen sooner or later.
If it happened to BitX and Coinbox, it is logical to assume that the same will happen to XBit Asia as well.

BitX's bank account has been suspended by its bank, meaning nobody can deposit RM into it anymore, and those with RM already inside cannot withdraw anymore.
Same issue as Coinbox.......so I suppose some people are panicking and want to unload their coins.
Seems illogical to me, though......since they wouldn't be able to withdraw cash anyway, even if they sold their coins.
Would have made more sense to transfer their coins to another place and sell.

Their BitX accounts remain active, and all they have to do is to transfer their coins to another exchange if they wished to sell.
The only concern is that there aren't really that many exchanges in Malaysia that can deal with Ringgit withdrawals, like BitX, Coinbox, XBit Asia, etc.
If BNM suddenly decides to regulate this and create problems, then it will be impossible for Bitcoin holders in Malaysia to get back their money in cash withdrawals after selling.
You can still send your Bitcoins to other exchanges outside of Malaysia and sell them there, then transfer the money back via international telegraphic transfer, but then you'd have a whole different set of problems there as well.

No idea......your guess is as good as mine.

Let's hear it!

Thanks......but I'm accumulating, not trading or using as payment.

No, I think XBit Asia is still OK......for now.
At least their bank account is still active.
I just transferred some funds into it today.

You're right about the low volume...... bought some today and the price is definitely slightly higher than market price.

Sudden big jump in BTC price since yesterday night...!

Not miner, just investor.
Yes, XBit Asia is still OK for now.

No, you need to register for an XBit Asia account (which comes with a wallet).
Once you buy it, though, you can transfer your coins from this wallet to any other wallet you like.

Unfortunately, yes there is.
There is a small fee of 0.0004 BTC whenever you withdraw bitcoins from your wallet.
That's something like RM1.50 according to recent prices.
But I think this is not their fee, but rather it is the fee given to the miners validating your transactions, so that your transaction has a higher priority (i.e. faster validating time).

Have a look at their website for the details.

https://xbitasia.com/index.php/countries-fees

Technically speaking, yes.
This is because the private keys to your bitcoins are still held within the company (regardless of how many layers of authentication are required, the fact is that the company is the one holding the bitcoins).
Which is why if you are an investor who accumulates bitcoins (as opposed to frequent trading), it is highly recommended that you put your bitcoins in another secure wallet and then export your private keys, so that you yourself are in total control.
But be aware that once exported (say, to a paper wallet), then you have to similarly keep those private keys really secure and safe, as whoever has access to those information, can basically take all your bitcoins.

Yes, and their response time is pretty good so far as well.
At the moment I'm very satisfied, but we'll have to see in a few more months, when their user base starts growing.

Interesting......it's down and no longer available, and even the main domain www.bitstore.com is up for leasing.
I guess the company is bust?