That's a standard procedure for large and recurring purchases. It's to make sure you're not laundering money with crypto.

I guess localbitcoins and shapeshift is better suited for you then.

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You have an account in coinhako? So cannot use MYR? 

I'm interested  but is this legit?

Thanks for the 1ETH, good seller with hassle free.
Must easier than using platforms. highly recommended 

Bitfinex and poloniex uses Tether, a stable token meant to back each coin with US$1.

Its current rate is 0.935 due to banks refusing to deal with bitfinex, thus the price differences to compensate.

Any cryptocurrency that is not bitcoin is generally referred to as an alternative coin, or "altcoin".
Could also be applied to Monero, Dash, Ripple, etc.
Were you looking at the BTC/USDT exchange rate?
Do note that USDT is not USD.
1 USDT is only about USD 0.93.
Selling ETH can be done within minutes.
Sending your BTC from Poloniex to XBit Asia (for example) might take an hour or more, depending on the congestion of transactions.
Then selling your BTC is again pretty instantaneous (if you agree to sell at the prevailing bid price).
Then withdrawal to your local bank account usually get processed latest by the next business day.

hmm I'm still finding the most straight forward way buy ETH with SGD as a Malaysian. Anyone want to point me to the right direction?

- Coinhako requires me to show proof with my face? What?
Let's say I did show my proof, can I deposit SGD into a Coinhako account registered with Country: Malaysia ?

- Gemini requires an address/phone number for 2 Factor auth, which is improbable for me.

Oh.. ETH is 80+ now, and I have the funds but no way to buy.

Hi guys! Have been busy. Anything exciting besides green all over? 

So far no news from Polo support on my previous REP transfer problem. I couldn't wait anymore so I transferred out the rest of my REPs. This time no issues at all. Went to my ETH address fast and smooothhhhhh! 

Damn, most sites are selling BTC/MYR at a premium..... 
I never sold bitcoin before but as far as I know, the 4 exchanges that deals with BTC/MYR had different ways. Xbit Asia and Luno is like the stock market where remitano and localbitcoins have to wait for buyers to choose your price then you deal with the buyer through the website.

RM200+ more. 

Noted you are selling ETH? Don't sell. HODL!!!! 

How soon will you guys add ETH? Please don't let Mr. Jack2 become Malaysia's only ETH seller. 

recommended seller.    bought 1 ETH from him.

next time i want 5% discount! 

May I know how you sell ETH? Through what platform? Just curious

u earn a lot already lol... btw, do u sell gnt?

Highly recommended. Today's haul 10 ETH