How to Buy Crypto with CIMB Clicks

Summary: CIMB Clicks, while not offering cryptocurrency investment services directly, supports its users' involvement in the crypto market. This support is achieved by enabling MYR transfers to exchanges that operate under the regulatory umbrella of Bank Negara Malaysia (BNM).

For CIMB Clicks clients who are keen on digital currencies, Bybit stands out as the best option, aligning with top regulatory standards. Bybit facilitates prompt MYR deposits via bank and debit card transfers. With a vast array of over 930 cryptocurrencies, Bybit offers a comprehensive platform for diversifying investment portfolios.

Can I Buy Crypto with CIMB Bank?

Yes, CIMB Clicks, the digital banking platform of CIMB Bank, offers its users the ability to invest in Bitcoin and other cryptocurrencies through licensed Malaysian crypto exchanges. Adhering to Malaysia's financial laws, CIMB ensures all transactions are conducted safely and legally, in alignment with the standards of Bank Negara Malaysia. The bank provides multiple deposit methods in Malaysian Ringgit (MYR), such as direct bank transfers and online banking, facilitating smooth and secure transactions on approved cryptocurrency trading platforms.

‍

How to Buy Crypto with CIMB Clicks

Acquiring digital currencies like Bitcoin, Solana, and various stablecoins is efficient and secure using CIMB Clicks, especially when paired with a reliable exchange like Bybit. Renowned for its adherence to regulatory standards and focus on user experience, Bybit offers CIMB Clicks users a platform to access an extensive range of over 930 cryptocurrencies, featuring convenient and swift Malaysian Ringgit (MYR) deposit methods.

Follow this simple guide to use Bybit with CIMB Clicks:

1. Account Registration: Navigate to the Bybit platform and register for a new account.
2. CIMB Clicks Deposit: Once your account is confirmed, deposit MYR funds using CIMB Clicks online banking or debit card facilities.
3. Cryptocurrency Selection: Browse Bybit's extensive trading platform to pick from a diverse selection of cryptocurrencies.
4. Transaction Execution: Specify your investment amount in MYR, choose your desired cryptocurrency, and finalize your purchase.

‍

What are the Fees?

CIMB Clicks customers engaging in cryptocurrency transactions with Malaysian Ringgit (MYR) should be aware of various associated fees. These expenses encompass charges for deposits, trades, and withdrawals, and they differ across diverse crypto exchanges. Generally, trading fees range from 0.1% to 0.5%.

For those using CIMB Clicks, Bybit emerges as an economically favorable choice. Bybit is noted for its minimal trading fees, which start at 0.1%. It provides a platform noted for its substantial liquidity, facilitating efficient and economical trading. Importantly, Bybit also offers cost-effective MYR deposit methods, with direct bank transfers frequently being the most economical option.

‍

Is CIMB Clicks Crypto Friendly?

CIMB Clicks demonstrates a forward-thinking attitude towards cryptocurrency investments. It permits its users to execute fund transfers through various methods, such as debit cards and online banking, for use on cryptocurrency exchanges. This approach is particularly pertinent for platforms that comply with Malaysian financial regulations, under the oversight of Bank Negara Malaysia (BNM).

Such a policy enables CIMB Clicks customers to delve into digital asset investments within a secure and regulated environment. By adhering to BNM's rigorous regulations, CIMB Clicks provides a reliable avenue for investors looking to expand their portfolios with cryptocurrencies, while maintaining strict adherence to vital financial regulatory norms.

‍

Bottom Line

In conclusion, although CIMB Clicks does not directly provide cryptocurrency investment services, it proficiently facilitates secure cryptocurrency transactions in compliance with regulatory norms. Bybit is a dependable option for CIMB Clicks customers, providing a compliant and accessible pathway to over 930 cryptocurrencies. This synergy offers CIMB Clicks clients a trustworthy and user-focused channel for participating in the crypto market, ensuring a secure and thorough trading experience.