Bitcoin ATM, in Malaysia quelli esistenti operano al di ...
How To Buy Bitcoin in Malaysia (2020 Updated)
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Difficult to purchase doge in my local currency so this is what I'm gonna do
Background: I used to be able to acquire doge relatively easily in local currency (Malaysian Ringgit) from local sellers like lincoln_lava (hey sister shibe, where are you nowadays? no news mate?) and from localdogecoin. It was a great experience to use local bank transfer instead of PayPal or Skrill. The fun at localdogecoin was short-lived as all the local sellers slowly left the market possibly due to the declining price of doge. See for yourself, it’s empty offering in localdogecoin https://www.localdogecoin.com/eng/buy/MY ughhh! My plan to buy doge:
Buy BTC in local currency bank account Deposit BTC to prelude.io Exchange BTC to doge at prelude.io (preferably at 100 Satoshi, yummy!) Withdraw doge from prelude.io to my wallet-qt
The edits below will document each step until I finally get my doge love! EDIT 1: About a week ago, Numoni Pte Ltd (a Singaporean company), has installed a BTC ATM at Bangsar Shopping Centre. It is about an hour drive from my place. The ATM launching appeared in some local media (read here: http://www.lowyat.net/2014/03/first-bitcoin-vending-machines-appear-in-malaysia). So yesterday, I braved the horrendous traffic and paid expensive parking to go to this so-called high-end shopping mall. I made my way to the advertised shop, which seems like a mobile/PC hardware selling stuff. No BTC ATM there! The staff said Numoni took it away a few days ago sigh. Given that the ATM launching was around 3/27, it was probably taken away about 2-3 days after going live, ughh! Anyway, I’ve posted on Numoni’s FB page and currently waiting for their definitive answer. On the bright side, Chili’s quesadilla and nachos at the mall were all good. Burppp! Oh yes! EDIT 2: As the ATM route was bust, I checked out localbitcoins. It seems more promising as there are plenty of local sellers that will accept fiat from my local bank accounts. I’ve raised BTC purchase request and am currently waiting for the seller to respond. It is midnight here so nothing much to do until tomorrow. Grrr! OK, I've gotten my BTC, yay! Time to hit prelude.io EDIT 3:Nothing yet but hopefully this is the part where I receive my BTC to my light wallet (Hive? Electrum? Multibit? Any suggestion?) I've downloaded electrum. Nice, clean interface. But man, BTC does take sometime to be moved to and fro. Grrr! (again!) EDIT 4:Nothing yet but hopefully this is the part where I trade all BTC to doge at prelude.io and transfer my baby doge to my local wallet After 1.5hrs, my BTC finally appears on prelude.io, well, still faster than international wire, right? Time to embrace those doge! Put buy order at 107 (I know I said 100 satoshis above but who am I kidding, LOL). Order went through easily! Great job moolah_ EDIT 5:Nothing yet but hopefully I won’t have to use this edit section. It can’t be that complicated, right? (-vvv-) It's time to transfer these baby doge to my wallet-qt. WOW, such easy! OK, time to summarize:
purchase BTC from local seller and to have it appear on electrum wallet ~2 hrs
sending BTC from electrum to prelude.io wallet ~1 hr
put buy order at prelude.io to full order matching ~45 mins
sending doge from prelude.io wallet to local wallet-qt ~15 mins, WOW!
Maybe some of you shibes will ask why I don’t register my local bank account with kraken, prelude, VOS, etc. I believe the verification will take some time (well, I’m not American, Canadian or European) and the international wire transfer is both expensive and time-consuming. I hope my assumption is correct on this one, though. TOO THE MOON!
Pinkexc paving way for simpler crypto usage is South East Asia
A Malaysian exchanger Pinkexc, has recently announced a crowdfunding initiatives to build a network of 100 Bitcoin and other Cryptos all over Southeast Asia. Pinkexc which has been in operation since July last year operates an online exchange converting bitcoin to fiat and since October 2016 has been operating the first two way bitcoin to fiat ATM in Malaysia. Currently they have two ATMs operating 12 hours per day in Ipoh, Perak and in Hochi Minh Cty, Vietnam. Apart from oeprating this machine, Pinkexc has been running test and development to accomodate other crypto for the machine. In the proposal for crowdfunding, Pinkexc stated that their aim of having all 100 ATMs to be up and running by year 2020 and coverage will include all major cities in Southeast Asia, major tourist destination and also regions where it seems to be be the place of where most exported labour came from. So far about USD 2.5 million worth of their token called LIFE has been subscrided out of total issuance of 166 million LIFE token. Currenctly LIFE Token, which runs on Ethereum Blockchain are going for it's Pre Sale period. Please check Pinkexc website https://www.pinkexc.com for more infos.
From the shopping malls in Malaysia to the cafes in South Korea, Bitcoin vending machines, or ATMs, are slowing being rolled out across the region. Consumers can use these machines to easily ... Additionally, users can buy Bitcoin using cash from an ATM in Malaysia. There are reportedly 10 Bitcoin ATMs in Malaysia, with six of them in Kuala Lumpur. The advantage of buying Bitcoin through an ATM is that most of them don’t require the user to go through verification and the purchase is instant. So anyone looking to save time and wanting to skip the verification process of crypto ... They’ve been gaining so much popularity that we actually have a Bitcoin ATM right in Ipoh, Malaysia! It’s the only one currently! Source: Facebook. Apparently, it has already been in existence since 2016 but you probably have not heard about it before. This ATM was introduced by Pinkexc (M) Sdn. Bhd., which has been well received by Bitcoin investors so far. If you have a Bitcoin wallet ... Bitcoin ATM, in Malaysia quelli esistenti operano al di fuori della legge. Dario Marchetti Send an email Luglio 10, 2020. 0 letto in 2 minuti. La Securities Commission Malaysia (SC) ha annunciato che i crypto ATM operanti sul territorio sono praticamente illegali. Chi intende installarne uno, infatti, deve chiedere ed ottenere un’apposita licenza. Al momento, non è ne è stata assegnata ... Find Bitcoin ATM in Kuala Lumpur, Malaysia. The easiest way to buy and sell bitcoins in Kuala Lumpur. Producers. Genesis Coin (4081) General Bytes (3361) BitAccess (1105) Coinsource (731) Lamassu (543) All producers; Countries. United States (9176) Canada (920) United Kingdom (286) Austria (148) Spain (104) All countries; More . Find bitcoin ATM near me; Submit new ATM; Submit business to host ...
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