Hi guys,

If I want to sell USDT etc and get RM in my bank account. What do you recommend?

I've tried P2P at Binance and Huobi but feel that they all use company account to transfer, don't know legit or not so I avoided it

Where can I sell safely and at decent rate?

Thanks!

There is no exchange licensed in MY that accepts USDT

Still waiting for Hata to launch, hopefully support USDT

Luno also said going to add more coins

So, P2P is the only way to go, or convert to XRP and withdraw through licensed exchange

Pakai luno je , convert into what coin they have then sell at there . Selling usdt p2p always got risk bank account kena close down .

thanks! selling at luno means need to sell btc/eth etc instead of usdt? how is the price/rate at luno?

all bank under individual name or just specific bank that do the transaction?

Securities Commission and Bank Negara won't allow licensed exchanges like LUNO to offer USD stablecoins like USDT and USDC to Malaysian citizens.

They will flock to buy them to hedge against the ever-weakening ringgit, which will then become even weaker. LOL!!

This post has been edited by raynman: Apr 22 2024, 01:52 PM

Possibly right..

Guess no hope with Hata as well.

If the Malaysian Ringgit is strong like the Singapore Dollar and can hold its own against the US Dollar, it might be a different story.

So far I sell USDT at least once a month on Binance P2P with no issues even when they use company account.

I choose those buyers with many completed trades and good reviews.

U compare first before convert to those coin , some time luno spot price higher then binance ( u gain free money ) some time same . Always good to double check .

All I pakai my name . Each exchange got their prefer bank to transfer money to u one .

Besides LUNO any other recommendations to sell crypto and get money in bank?

I don't trust those P2P company accounts...

many completed trades and good reviews didn't mean all are Ok

Just a matter of time

recipe for disaster.

they may only get alerts a few months down the road.

good luck!

Where and how do you all sell your crypto then?

Any recommendations?

Secret recipi

connection. some people have posted their service here.

PM minta tunjuk ajar master sifu sekalian
Tqia

lol explains why you guys always so worried about account frozen

Advice given. If response is lol. Good luck.

What advice did you give?
Just mysterious "connection", no links to said connections, and "good luck".