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".

i guess you didn't know or look down the effects after account gets frozen.

Many here know but just quiet and didnt want to disclose only.

This post has been edited by jack2: Apr 24 2024, 08:57 PM

That's okay bro but telling me your technique is "Secret recipi" is about as useful as my cat's "meow meow"

Anyway I've been doing P2P with Remitano and Binance since 2018 and so far my accounts not yet frozen

But need skill and caution and most people always kena scam by sellers/buyers offering too good rates using 3rd party a/c

many techniques have been disclosed here ...

meow2

I can't disclose much as many didn't like me here. meow

whats wrong with using company account to transfer ?

mostly such acc are rented

Still a proper ssm current account can be held liable right ? whether is it rented or not, we can always do due d on the account and report if you feel suspicious.

i registered a s/b and use its accounts to do crypto ->fiat and fiat -> crypto.
My rates not competitive since similar to banks.

continue to do it before regretting

?

Same here , using PKG unable to buy or sell , as ID currency is different

can anyone suggest , i need to buy 500 USDT and payment in MYR

hello, have same/similar question. What would be best way to onramp to crypto - MYR to USDT. In terms of lowest transaction/conversion fee.

Is Binace P2P still available and best way, or via Luno (MYR buy crypto like SOL, XRP), send to exchange like Binance and then sell to USDT

Convert USDT to XRP in other crypto platform. Then transfer to Luno and withdraw.

Huobi review:
https://www.trustpilot.com/review/huobi-global.com

many Malaysian work in this co before.

Bro are you still selling usdt, looking for long term seller.
Please contact me wa.me/+6738169995
I can do payment transfer from ambank

Bro you still selling? Looking for long term USDT seller. Please Whatsapp me wa.me/+6738169995

use Hata is simple ....just bank in MYR, buy btc/eth (use Trade function bcoz liquidity) , send to Hata Global n instant sell to get USDT (0% fee at this moment).....p2p a bit risky , once kena detect.....freeze acc.....i dont dare to test......got ppl no problem at all by using p2p , may b go special blessing

seldom people use p2p now unless is newbie

Still many ppl search for ppl sell/buy. Wanna test power kok 😁