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 Malaysia Crypto Exchanges & card

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SkyHermit
post Jun 21 2019, 03:49 PM

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Wow. Never knew such crypto debit card already exists. TenX and Monaco.

I thought the Litecoin Debit card that is on the news lately is gonna be the first crypto card.

1)So can we withdraw money in oversea ATM if we choose residence as Malaysia?
2)And does it support BTC and TenX crypto only at the moment as deposit?

Thanks.

TSshahrul09
post Jun 22 2019, 10:38 AM

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QUOTE(SkyHermit @ Jun 21 2019, 03:49 PM)
Wow. Never knew such crypto debit card already exists. TenX and Monaco.

I thought the Litecoin Debit card that is on the news lately is gonna be the first crypto card.

1)So can we withdraw money in oversea ATM if we choose residence as Malaysia?
2)And does it support BTC and TenX crypto only at the moment as deposit?

Thanks.
*
You can download their apps and check it out and order the card for $15
TSshahrul09
post Jun 22 2019, 10:39 AM

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QUOTE(SonicSpyro @ Jun 21 2019, 01:00 AM)
Would like to get some opinions here.

I have been exclusively using Remitano to cash out my crypto every month. Lately have been feeling a bit unease for using that one gateway. Reading from this thread Bittrex is another option I can consider.

I'd like to know, what are the fees incurred when you withdraw from them? Do they deduct it from the amount you're withdrawing?
Would the fees be considered reasonable ($5 ~ $10 per transaction)?
Seems that they have a slight delay, did anyone ever not receive their funds?
Did your bank question why you suddenly have a deposit from them?

I'm mainly going to be a seller of crypto, not so much as a buyer.
*
Fee around $10, deducted from the amount you withdraw.
Never got problem with bank bcoz I withdraw small amount. Less than the triggered amount by the bank. (20k )
The max day I need to wait for withdrawal is around 5 day, paling laju 2 days


Or you can wait for Luno. They got approval from BNM already.
Waiting for them to enable the withdrawal/deposit now

This post has been edited by shahrul09: Jun 22 2019, 10:41 AM
biatche
post Jun 25 2019, 02:35 PM

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hows the rate of these cards compared to using a local credit card to shop internationally (usa) like say amazon
TSshahrul09
post Jun 25 2019, 03:33 PM

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For tenx
https://support.tenx.tech/hc/en-us/articles...and-Wallet-app-
biatche
post Jun 25 2019, 04:47 PM

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how are BTC -> USD rates though?
TSshahrul09
post Jun 25 2019, 08:19 PM

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Definitely smaller compare to xe.com
Around 4.05 compare to xe.com now 4.14
This is usd to myr.
Btc to usd. Check the tenx app..

This post has been edited by shahrul09: Jun 25 2019, 08:19 PM
TSshahrul09
post Jun 25 2019, 08:25 PM

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Mco gonna start with US first
https://blog.crypto.com/crypto-com-unveils-...-s-launch-date/
yushin
post Jun 25 2019, 09:33 PM

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argh just got this email from TenX

Due to recent difficulties related to cryptocurrency card issuance, we are halting all TenX Card issuance to Malaysian travellers. We apologise for the inconvenience caused.

You will still be able to use the TenX Wallet app to perform cryptocurrency transactions. We will continue to explore other ways of serving travellers in Malaysia. No other markets are affected.

Sincerely,
The TenX Team
biatche
post Jun 27 2019, 12:34 AM

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what card sholud i use if i wish to the card to purchase goods from amazon.com?
TSshahrul09
post Jun 27 2019, 06:18 AM

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Your credit card.

Because there are none crypto card in malaysia anymore now
biatche
post Jun 27 2019, 10:13 AM

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QUOTE(shahrul09 @ Jun 27 2019, 06:18 AM)
Your credit card.

Because there are none crypto card in malaysia anymore now
*
Hmm, i dont intend to use MYR

if i have crypto, cant i use that to top up the card and then make purchases?
all in USD

This post has been edited by biatche: Jun 27 2019, 10:13 AM
TSshahrul09
post Jun 27 2019, 10:35 AM

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Like I said before, there are none crypto card in malaysia anymore
TSshahrul09
post Jun 27 2019, 07:12 PM

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TokenCard live in Europe.


https://medium.com/tokencard/tokencard-now-...re-1d208406753a

first 1,000 people to download the app and activate their card will get 15 DAI
chonghe
post Jun 30 2019, 09:46 AM

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TS withdraw from Bittrex got receive any call from banks asking where the fund from?

Last time I withdrew from a US exchange (stocks) the bank officer call to ask for source of fund, so I said stock, which I think is fine. Not sure about crypto though
cipollll
post Jul 3 2019, 08:28 AM

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Is the rate from btc to myr good? I'm about to get paid for some commission online and they offer paypal or btc. i heard paypal usd to myr rates sucks so i wonder what is like with btc?
TSshahrul09
post Jul 3 2019, 10:02 AM

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QUOTE(cipollll @ Jul 3 2019, 08:28 AM)
Is the rate from btc to myr good? I'm about to get paid for some commission online and they offer paypal or btc. i heard paypal usd to myr rates sucks so i wonder what is like with btc?
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For local exchanges like Remitano or Luno you can check their own exchanges rate there.

For bittrex, btc to usd pretty much like standard global rate.
For usd myr it gonna be like bank foreign currency exchange rate.
TSshahrul09
post Jul 3 2019, 10:03 AM

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QUOTE(chonghe @ Jun 30 2019, 09:46 AM)
TS withdraw from Bittrex got receive any call from banks asking where the fund from?

Last time I withdrew from a US exchange (stocks) the bank officer call to ask for source of fund, so I said stock, which I think is fine. Not sure about crypto though
*
No. Unless you withdraw huge amount that trigger bank AMLA stuff. Around 20k
Chyan
post Jul 3 2019, 01:31 PM

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Still cannot register for Luno. Any other recommended exchanges?
chonghe
post Jul 3 2019, 10:24 PM

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QUOTE(shahrul09 @ Jul 3 2019, 10:03 AM)
No. Unless you withdraw huge amount that trigger bank AMLA stuff. Around 20k
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Thanks. I saw that requesting for fiat seems a bit long to fill up the bank details so I just leave it there first

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