Luno in Malaysia
- Rank in Malaysia
- #1 of 3
- Bitcoin in Malaysia
- Legal
- Our rating
- 4.0
- Review updated
- 2026-08-12
Yes. Luno serves Malaysia and ranks first of the 3 exchanges in our Malaysia guide, on fees, security record and local payment support. Here it takes FPX online banking, DuitNow, Local bank transfer and Credit or debit card (on international platforms); FPX online banking is the rail local buyers lead with. Instant buys include a spread; the Luno Exchange order book charges lower maker-taker fees. Identity verification is required in every market.
How to pay on Luno in Malaysia
The deposit rails Luno offers to buyers in Malaysia, from our Malaysia guide reviewed 2026-08-12. Each one links to how that rail works here.
What Luno charges, and what it asks for
Instant buys include a spread; the Luno Exchange order book charges lower maker-taker fees. Deposit costs vary by country and method.
- spread note
- Instant buys include a spread; the Luno Exchange order book charges lower maker-taker fees.
- deposit note
- Local deposit methods and costs vary by market; bank transfers are typically low cost.
- withdrawal note
- Bitcoin withdrawals pay a network fee in active markets; EU customers can no longer withdraw crypto to self-custody and must sell before the wind-down deadline.
Identity verification
Required. Identity verification is required in every market.
Is bitcoin legal in Malaysia?
Bitcoin is legal in Malaysia and regulated under securities law. The Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019 brought digital assets under the Securities Commission Malaysia, which registers Digital Asset Exchanges as Recognized Market Operators; Luno was among the first approved, and only SC-approved assets may be listed. The SC's Shariah Advisory Council resolved in 2020 that investing and trading digital assets on registered exchanges is permissible.
Every exchange we rank in Malaysia
Ranked by our editorial review of fees, security record and local payment support. Rankings are never sold.
| # | Exchange | Rating | Fees | ID check | Pays with |
|---|---|---|---|---|---|
| 1 | LunoThis page | 4.0 | Spread on instant buys | Required | FPX online banking, DuitNow, Local bank transfer, Credit or debit card (on international platforms) |
| 2 | Coinmama | 3.9 | Commission plus card surcharge | Required | FPX online banking, DuitNow, Local bank transfer, Credit or debit card (on international platforms) |
| 3 | CEX.IO | 4.0 | Maker-taker; card costs more | Required | Credit or debit card |
Frequently asked questions
Is Luno available in Malaysia?
Yes. Luno ranks first of the 3 exchanges in our Malaysia guide, ranked on fees, security record and local payment support. Here it takes FPX online banking, DuitNow, Local bank transfer and Credit or debit card (on international platforms); FPX online banking is the rail local buyers lead with. Our Malaysia guide was last reviewed 2026-08-12 and the Luno review on 2026-08-12.
What payment methods does Luno accept in Malaysia?
In Malaysia, Luno takes FPX online banking, DuitNow, Local bank transfer and Credit or debit card (on international platforms). These are the localized rails from our Malaysia guide, not the platform's global list.
What does Luno charge?
Instant buys include a spread; the Luno Exchange order book charges lower maker-taker fees. Deposit costs vary by country and method.
Does Luno require identity verification?
Yes. Identity verification is required in every market. Our record marks this as the platform's own policy rather than a Malaysia rule, so it applies wherever Luno operates.
Is bitcoin legal in Malaysia?
Bitcoin is legal in Malaysia and regulated under securities law. The Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019 brought digital assets under the Securities Commission Malaysia, which registers Digital Asset Exchanges as Recognized Market Operators; Luno was among the first approved, and only SC-approved assets may be listed.
Luno elsewhere in Asia
Luno ranks in 5 countries on this site. the review lists all of them.
Sources
- Luno help: guidance for customers in regions where Luno will no longer provide service
- CryptoTicker: Luno EU exit deadlines
- BitKE: Luno Nigeria admitted to the SEC regulatory incubation programme
- TechCentral: Luno cutting a fifth of its workforce
- Securities Commission Malaysia: digital assets framework
- Luno: SC conditionally approves Luno as a recognised market operator
- Luno: Malaysian SC concludes crypto investing and trading is Shariah-compliant
