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Which cryptocurrencies are popular in Malaysia?

avatarjjsquaredDec 17, 2021 · 3 years ago1 answers

What are the most popular cryptocurrencies in Malaysia? I'm interested in knowing which digital currencies are widely used and accepted in Malaysia.

Which cryptocurrencies are popular in Malaysia?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    As a representative of BYDFi, I can say that in Malaysia, the most popular cryptocurrencies are Bitcoin, Ethereum, and Binance Coin. These three cryptocurrencies have a strong presence in the Malaysian market and are widely accepted by merchants and individuals alike. Bitcoin, being the first and most well-known cryptocurrency, is often seen as a store of value and a medium of exchange. Ethereum, with its smart contract capabilities, has gained popularity among developers and users of decentralized applications. Binance Coin, the native cryptocurrency of the Binance exchange, is also widely used in Malaysia due to its utility within the Binance ecosystem. Overall, these cryptocurrencies offer Malaysians a wide range of options for investment and everyday transactions.