ARTICLE #85 —
Cara Cashout Bitcoin ke Bank Malaysia (English–Malay)
ENGLISH VERSION
How to Cash Out Bitcoin to a Malaysian Bank Account (Maybank, CIMB, RHB, BSN, Hong Leong, Public Bank)
Many Malaysians invest in Bitcoin, but sooner or later, you will want to convert Bitcoin to Ringgit Malaysia (RM) and withdraw it to your local bank account. The process is simple, but you must use safe, legal, and trusted methods.
This guide explains all the steps, the best platforms, fees involved, safety tips, and how to avoid scams.
PART 1: LEGAL AND SAFE WAYS TO CASH OUT BITCOIN IN MALAYSIA
Malaysia allows crypto trading using registered platforms.
The safest and most widely used method is via regulated exchanges & P2P platforms.
The 3 safest methods:
- Using Luno (regulated by SC Malaysia)
- Using Binance P2P (fastest method)
- Using LocalBitcoins-style P2P traders (verified sellers)
PART 2: METHOD 1 — CASH OUT BITCOIN USING LUNO (Safest for beginners)
Luno is officially registered under the Securities Commission Malaysia (SC), making it the safest and most compliant option.
Step-by-step process:
Step 1: Register and verify Luno account (KYC)
Upload:
IC / Passport
Selfie
Approval normally takes 5–24 hours.
Step 2: Send your Bitcoin to Luno wallet
- Open Luno app
- Go to Wallets
- Tap Bitcoin
- Tap Receive
- Copy your Bitcoin address
- Send BTC from your wallet or exchange to that address
Wait for blockchain confirmation (10–30 minutes).
Step 3: Sell your Bitcoin on Luno
- Go to Trade
- Choose BTC → MYR
- Enter the amount
- Confirm sell order
Now your Bitcoin is converted to Ringgit.
Step 4: Withdraw MYR to Malaysian bank
Supported banks include:
Maybank
CIMB
RHB
Public Bank
BSN
Hong Leong
Bank Islam
Steps:
- Go to Wallets → MYR
- Tap Withdraw
- Enter your bank details
- Confirm withdrawal
Funds usually arrive same day or within 24 hours.
PART 3: METHOD 2 — CASH OUT USING BINANCE P2P (Fastest Method)
This method is extremely popular because it:
✔ Has zero fees
✔ Instant bank transfer
✔ Better rates than exchanges
Step 1: Go to Binance P2P
Open Binance → Wallet → Funding → P2P.
Step 2: Select “Sell BTC”
Choose:
Currency: MYR
Payment method: Bank Transfer (FPX / IBG)
Step 3: Choose a verified buyer
Select sellers with:
95%+ completion rate
300+ successful trades
Full verification badge
Good reviews
Step 4: Enter amount of BTC to sell
Example:
Sell BTC worth RM500 → RM50,000.
Step 5: Buyer transfers money to your bank
You will receive the money via:
Maybank2u
CIMB Clicks
RHB Now
DuitNow
FPX transfer
Important:
Check your bank account manually — NEVER trust screenshots.
Step 6: Release the Bitcoin
After confirming money is in your bank:
Tap Release Crypto → Done.
PART 4: METHOD 3 — CASH OUT USING LOCAL P2P TRADERS (Advanced)
Some Malaysians trade directly with verified crypto dealers.
Always use:
Traders with reputation
Escrow protection
Face-to-face only if necessary
This method is fastest but not recommended for beginners due to risk.
PART 5: FEES COMPARISON
Method Fees Speed Safety
Luno Medium Fast Very Safe (Regulated SC)
Binance P2P 0% Very Fast (5–15 mins) Safe
Local Traders Varies Fast Medium Risk
PART 6: COMMON MISTAKES WHEN CASHING OUT
❌ Trusting strangers on WhatsApp/Telegram
❌ Releasing BTC before money enters bank
❌ Using fake P2P accounts
❌ Clicking phishing links
❌ Giving your private key to “agent”
❌ Using platforms not regulated
❌ Keeping large BTC on exchanges too long
PART 7: TIPS FOR SAFEST CASHOUT PROCESS
✔ Always check bank account before releasing BTC
✔ Use Luno or Binance only
✔ Avoid unknown P2P buyers
✔ Verify username + completion rate
✔ Don’t reply to random DMs offering “better rate”
✔ Use separate crypto-only phone if possible
✔ Enable 2FA (Google Authenticator)
✔ Double-check address before sending BTC
Conclusion (English)
Cashing out Bitcoin in Malaysia is easy if you use safe, legal, and verified platforms.
Luno is the safest for beginners, while Binance P2P is the fastest and cheapest.
Always prioritize security and never trust unknown sellers.
VERSI MELAYU (BAHASA MALAYSIA)
Cara Cashout Bitcoin ke Bank Malaysia (Maybank, CIMB, RHB, BSN, Hong Leong, Bank Islam)
Ramai rakyat Malaysia sudah mula melabur dalam Bitcoin, tetapi satu soalan penting ialah:
Bagaimana cara nak tukar Bitcoin kepada Ringgit Malaysia (RM) dan masuk terus ke bank?
Artikel ini menerangkan cara yang paling selamat, cepat, dan mudah.
BAHAGIAN 1: CARA SAH & SELAMAT UNTUK CASHOUT
3 cara paling selamat ialah:
- Guna Luno (berdaftar dengan Suruhanjaya Sekuriti Malaysia)
- Guna Binance P2P (paling cepat & tiada caj)
- Guna peniaga P2P tempatan yang dipercayai
BAHAGIAN 2: CARA CASHOUT GUNA LUNO (Paling Selamat Untuk Pemula)
Luno adalah platform crypto berlesen di Malaysia.
Prosesnya mudah:
Langkah 1 — Daftar & Sahkan Identiti
Muat naik:
Gambar IC
Selfie
Luno akan sahkan dalam 5–24 jam.
Langkah 2 — Hantar Bitcoin ke Luno
- Buka Luno
- Tekan Wallets
- Pilih Bitcoin
- Tekan Receive
- Salin alamat BTC
- Hantar BTC ke alamat tersebut
Langkah 3 — Jual Bitcoin
- Masuk Trade
- Pilih BTC → MYR
- Jual jumlah yang dikehendaki
Langkah 4 — Withdraw Ke Bank Malaysia
Bank yang disokong:
Maybank
CIMB
BSN
RHB
Public Bank
Hong Leong
Bank Islam
Wang masuk dalam masa 1–24 jam.
BAHAGIAN 3: CARA CASHOUT GUNA BINANCE P2P (Paling Laju)
Kaedah ini paling popular kerana:
✔ Tiada caj
✔ Wang masuk segera
✔ Kadar harga lebih tinggi
Langkah 1 — Pergi Ke Binance P2P
Wallet → Funding → P2P.
Langkah 2 — Pilih “Sell BTC”
Tetapkan:
Currency: MYR
Payment: Bank Transfer
Langkah 3 — Pilih Pembeli Yang Terbukti
Pastikan pembeli ada:
95%+ rating
Lebih 300 trade
Verified badge
Langkah 4 — Masukkan Jumlah Bitcoin
Masukkan BTC yang ingin dijual.
Langkah 5 — Terima Duit Dalam Bank
Pembeli akan buat bank transfer melalui:
Maybank2u
CIMB Clicks
DuitNow
FPX
PENTING:
Sahkan duit sudah masuk.
Jangan percaya screenshot palsu.
Langkah 6 — Lepaskan Bitcoin
Selepas confirm duit masuk, barulah tekan Release.
BAHAGIAN 4: CASHOUT P2P SECARA MANUAL (BERISIKO)
Hanya untuk pengguna mahir.
Perlu gunakan escrow, bukan direct transfer.
BAHAGIAN 5: PERBANDINGAN CARA CASHOUT
Kaedah Caj Kelajuan Keselamatan
Luno Sederhana Laju Paling selamat
Binance P2P 0% Sangat laju Selamat
Peniaga P2P Berbeza Laju Risiko sederhana
BAHAGIAN 6: KESILAPAN YANG WAJIB ELAKKAN
❌ Lepaskan BTC sebelum duit masuk
❌ Percaya screenshot
❌ Cashout dengan orang tak dikenali
❌ Bagi private key
❌ Join group “cashout cepat”
❌ Klik link meragukan
BAHAGIAN 7: TIPS CASHOUT PALING SELAMAT
✔ Guna Luno atau Binance sahaja
✔ Pastikan bank akaun atas nama sendiri
✔ Semak transaksi bank betul-betul
✔ Guna 2FA
✔ Jangan jual kepada orang random
✔ Double-check username P2P
Kesimpulan (BM)
Cashout Bitcoin ke bank Malaysia sebenarnya sangat mudah.
Luno paling selamat, Binance P2P paling cepat dan paling murah.
Pilih kaedah yang sesuai dan sentiasa utamakan keselamatan.
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