“Buy the dips!” they said.
With cryptocurrency prices dropping these last few weeks, some might be enticed in getting funds ready for an entry.
With the number of cryptocurrency platforms supporting Malaysian Ringgit (MYR) interbank transfers dropping, what is the best way for Malaysians to get funds into position then?
Singaporean grown cryptocurrency wallet, Coinhako, might just be your best bet these days.
Since launching in Malaysia in 2017, Coinhako has been one of the few cryptocurrency platforms to maintain its inter-bank transfer services for MYR. It takes not more than 24 hours to get your MYR ready to buy renowned cryptocurrencies such as Bitcoin, Bitcoin Cash and Ethereum on the Coinhako platform.
Cryptocurrency trades are easy to make and instant.
Save time and effort
With the continued volatility in prices of cryptocurrencies such as Bitcoin, Bitcoin Cash, and Ethereum timing continues to be a challenge, even for some of the savviest cryptocurrency traders.
When you decide to make a trade with a localized currency you save yourself a lot of time, trouble, and risk trying to get on platforms that only support foreign currencies. This shorter lead time will allow you to time your funds more accurately and have MYR ready at the most opportune of times.
All it takes is a few simple steps at Coinhako and your MYR will be in a ready position.
Convenience over price
While MYR and cryptocurrency pairings are known to be relatively pricey, this is understandable given the inherent currency volatility of MYR. Given the track record of cryptocurrency price movements, covering the cost of the spread that comes with an MYR and cryptocurrency pairing should be of little worry.
With good timing comes a good entry point and this should more than make up for it.
Still unsure? Do not worry. Give the Coinhako platform a try now and you will see that it is one of the best places to get your cryptocurrencies in Malaysia today!
Oh, did I mention that signing up and getting verified takes only 1 day too?
About Coinhako
Founded in 2014, Coinhako is Singapore’s leading digital wallet service which a fast-growing trading volume. The company was established with the aim to improve the access of digital currencies by mainstream consumers in Singapore and the greater Asia-Pacific.
Established by blockchain industry experts Yusho Liu and Gerry Eng, the firm is now backed by prominent investors such as Tim Draper and Josh Jones as well as established venture capital firms such as Boost VC.
For more information, please visit www.coinhako.com.
Posted from my blog with SteemPress : https://bitcoinmalaysia.com/convenience-over-price-coinhako-best-platform-for-malaysians/
I use this before, pricing competitive among the local crypto exchange but do note you need to first deposit money in coinhako bank account and wait for it to reflect in your account before you can use it, when i use it in jan'18 it takes up to 1 biz day (Sometimes few hours) for them to process and bank deposit do not works during the weekend. Not sure about the situation now.
one more thing, you can only buy at spot price and cannot set your target buy or sell price.
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