βœ… Forex Malaysia - Forex Trading in Malaysia
Forex Malaysia - Forex Trading in Malaysia

Forex Brokers with Crypto Deposit & Withdrawal (Bitcoin, Tether, USDT, etc)

Cryptocurrencies are becoming more and more popular as a means of financial transactions, especially among Forex traders. That’s why, Forex brokers now accept cryptocurrencies, e.g., Bitcoin and Tether, as one of their deposit and withdrawal methods.

Cryptocurrencies are digital currencies that use cryptography to secure transactions on decentralized networks called blockchains. Cryptography is a technique of coding information by using mathematical concepts and algorithms that are hard to decipher. And decentralized means that no single person or group has control over it. In other words, all users can retain control.

Similar to other types of currencies, Cryptos can be used to buy and sell goods and services or do any transactions online. You can purchase or sell cryptocurrencies directly or with the help of cryptocurrency exchanges.

Forex Brokers that Accept Cryptocurrencies for Deposits and Withdrawals

To deposit funds, you need to send money to the broker's wallet address. Before sending the funds, make sure that you have sufficient amount to cover the deposit amount and the transaction fee. The fee depends on various factors, such as network congestion and priority. Also, make sure that the address and network are correct because your money will be lost if you make a mistake.

After initiating the transaction, there will be several confirmations. Each transaction will be validated to confirm the authenticity, and the number of confirmations depends on the cryptocurrency. When the transaction confirmation is finished, the broker will receive your deposit and the transaction will be recorded on the blockchain.

For a withdrawal, you can use the same processes but in reverse: specify the amount to withdraw, provide your wallet address, confirm the transaction, and receive your money.

Aside from choosing a stable cryptocurrency, you should also select a trustworthy trading companion that accepts your chosen cryptocurrency. Here are several reputable Forex brokers that offer cryptocurrencies as their deposit and withdrawal method:
FBS Malaysia
FBS Malaysia
With years of experience since 2009, FBS is one of the most reputable Forex brokers in the industry. This broker accepts various popular cryptocurrencies as its deposit and withdrawal method with low to zero commission.

πŸ‘Œ Tether (USDT TRC20 and USDT ERC20)

deposit: crypto network commission may apply, average 15-20 minutes, no deposit limit
withdrawal: no commission, average 15-20 minutes (maximum 72 hours)

πŸ‘Œ Bitcoin (BTC)

deposit: no commission, average 15-20 minutes, minimum 0.01 USD
withdrawal: no commission, average 15-20 minutes (maximum 48 hours)

πŸ‘Œ Litecoin (LTC)

deposit: crypto network commission may apply, average 15-20 minutes, minimum 0.10 LTC
withdrawal: no commission, average 15-20 minutes (maximum 72 hours)

πŸ‘Œ Bitcoin Cash (BCH)

deposit: crypto network commission may apply, average 15-20 minutes, minimum 0.01 BCH and maximum 99,999,999 BCH
withdrawal: no commission, average 15-20 minutes (maximum 72 hours)

πŸ‘Œ Ethereum (ETH)

deposit: crypto network commission may apply, average 15-20 minutes, minimum 0.01 ETH and maximum 99,999 ETH
withdrawal: no commission, average 15-20 minutes (maximum 72 hours)

Regulations: CySEC, IFSC
Country: Cyprus

RoboForex Malaysia
RoboForex Malaysia
Established in 2009, RoboForex is an internationally recognized forex broker that accepts a wide variety of deposit and withdrawal methods, including cryptocurrencies. RoboForex demands no commission for this payment method; however, there may be an additional conversion fee.

This broker accepts various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT TRC20, USDT BEP20, and USDT ERC20) depending on your country. That is to say, clients from some countries can only deposit and withdraw funds with cryptocurrencies, such as BNB, Binance USD (BUSD BEP20 and BUSD ERC20), USD Coin (USDC TRC20 and USDC ERC20), Bitcoin Cash, Dogecoin, and Litecoin, Ripple. So, make sure to check the available crypto payment methods for your country before trading.

Regulations: CySEC, IFSC
Country: Cyprus

JustMarkets Malaysia
JustMarkets Malaysia
JustMarkets is known as an international Forex broker with reliable and professional services in the FX industry. This broker accepts various cryptocurrencies for deposit and withdrawal with different requirements.

πŸ‘Œ Bitcoin (BTC)

deposit: minimum 30 USD, no deposit limit, zero commission, processing time 1-3 hours
withdrawal: minimum 0.001 BTC, no withdrawal limit, zero commission + blockchain fee, 1-4 hours

πŸ‘Œ Bitcoin Cash (BCH)

deposit: minimum 30 USD, no deposit limit, zero commission, processing time 1-3 hours
withdrawal: minimum 0.102 BCH, no withdrawal limit, zero commission + blockchain fee, 1-4 hours

πŸ‘Œ Ethereum (ETH)

deposit: minimum 30 USD, no deposit limit, zero commission, processing time 1-3 hours
withdrawal: minimum 0.015 ETH, no withdrawal limit, zero commission + blockchain fee, 1-4 hours

πŸ‘Œ Binance Coin (BNB)

deposit: minimum 30 USD, no deposit limit, zero commission, processing time 1-3 hours
withdrawal: minimum 0.125 BNB, no withdrawal limit, zero commission + blockchain fee, 1-4 hours

πŸ‘Œ Dogecoin (DOGE)

deposit: minimum 30 USD, no deposit limit, zero commission, processing time 1-3 hours
withdrawal: minimum 443 DOGE, no withdrawal limit, zero commission + blockchain fee, 1-4 hours

πŸ‘Œ Litecoin (LTC)

deposit: minimum 30 USD, no deposit limit, zero commission, processing time 1-3 hours
withdrawal: minimum 0.3 LTC, no withdrawal limit, zero commission + blockchain fee, 1-4 hours

πŸ‘Œ Ripple (XRP)

deposit: minimum 30 USD, no deposit limit, zero commission, processing time 1-3 hours
withdrawal: minimum 62 XRP, no withdrawal limit, zero commission + blockchain fee, 1-4 hours

πŸ‘Œ USD Coin (USDC), Tether (USDT), Binance USD (BUSD)

deposit: minimum 10 USD, no deposit limit, zero commission, processing time 1-3 hours
withdrawal: minimum 10 USDC/10 USDT/10 BUSD, no withdrawal limit, zero commission + blockchain fee, 1-4 hours

Regulations: CySEC, FSA, VFSC
Country: Cyprus

Tickmill Malaysia
Tickmill Malaysia
Founded in 2014, TickMill is a trustworthy forex broker that has served clients from over 200 countries. To show its commitment and dedication, TickMill offers its clients deposit and withdrawal methods via cryptocurrencies.

πŸ‘Œ TickMill accepts transactions in Bitcoin and Tether (USDT) with a minimum deposit of 100 USD and a minimum withdrawal of 25 USD. There is no commission, but there may be a conversion fee depending on your country and cryptocurrency. The processing time for deposit is instant (24/7), and one working day (12-48 hours) for withdrawal.

Regulations: FCA, CySEC, FSA
Country: Cyprus

HFM Malaysia
HFMarkets Malaysia
HFM, formerly known as HFM, has been providing reliable trading services since 2010. This licensed international broker offers more than 15 funding methods, including cryptocurrencies.

πŸ‘Œ The min and max amounts for making deposits vis cryptocurrencies are 30 USD and 10,000 USD, respectively. The transaction is processed instantly with no fees. To withdraw your funds using cryptocurrencies, the minimum amount is 10 USD with zero commission, and the processing time is up to 24 hours.

You have several payment gateways to choose from for your deposits and withdrawals using cryptocurrencies. The accepted cryptocurrencies are Bitcoin (BTC), Litecoin (LTC), Tether (USDT ERC20 and USDT TRC20), USD Coin (USDC), Ethereum (ETH), Bitcoin Cash, DASH, ZCash, and Cardano. HFM also accepts payments in USD and EUR via cryptocurrencies.

Regulations: CySEC, FCA, FSA, DFSA
Country: Cyprus

Alpari Malaysia
Alpari Malaysia
As one of the most reliable partners for Forex traders, Alpari has served millions of clients for more than 25 years. This international broker also offers deposits and withdrawals in cryptocurrencies.

πŸ‘Œ Bitcoin (BTC)

deposit: no commission, processing time 24 hours
withdrawal: 1% commission, processing time 24-48 hours

πŸ‘Œ Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), DASH, XRP, and Tether (USDT) via crypto wallet

deposit: no commission, processing time 24 hours
withdrawal: no commission, processing time 24-48 hours

Please note that an additional fee such as a currency conversion fee may be applied.

Regulations: FSA, IBC
Country: Cyprus

Advantages of using Cryptocurrencies with Forex brokers

Here are several benefits of using cryptocurrencies as your deposit and withdrawal method:

πŸ‘ 1. Secure

Cryptocurrency is considered one of the most secure payment methods because its implemented cryptographic techniques which can defend against fraud, hacking, and counterfeiting problems.

πŸ‘ 2. Fast

Due to its decentralized nature, this currency does not require an intermediary such as a bank; therefore, it is faster with more direct transactions. Usually, the transactions are done within 15-20 minutes, depending on various factors.

πŸ‘ 3. Lower Fees

Without a third party to act as a bridge, cryptocurrencies can reduce transaction fees by a lot. It is a more cost-effective method for international transactions because there is neither an intermediary fee nor a conversion fee, and the transaction fee is very small.

πŸ‘ 4. Worldwide

Cryptocurrencies can be used by anyone, anywhere, and anytime as long as they have a stable internet connection. The transactions can also be done outside business hours, unlike conventional financial institutions. Therefore, borderless transactions become possible.

πŸ‘ 5. More Privacy

These digital currencies offer varying levels of privacy depending on the cryptocurrencies that you use, and they do not reveal or store the personal information or transaction history of senders and receivers. To send and receive money, you only need a wallet address.