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Is CIMB Clicks Crypto Friendly?
Yes, CIMB Clicks is a crypto-friendly bank. It allows customers to buy and sell cryptocurrencies through secure and licensed third-party crypto brokers. While CIMB Clicks does not currently support cryptocurrency transactions through the banking app, this may change in the future.
How to Buy Crypto or Bitcoin with CIMB Clicks
The easiest way to invest in digital assets with a CIMB Bank or CIMB Clicks account is through the Bybit trading platform. They offer instant IBG/Duit bank transfers and debit card or credit card deposits from CIMB Bank accounts. Their exchange allows Malaysian investors to buy and sell over 700 cryptocurrencies in their Spot of Futures trading markets.
The 4 step guide below outlines how to buy Ethereum as an example with CIMB on Bybit:
- Open an account: Sign up to Bybit with your e-mail address and verify your email.
- Deposit Funds: Go to 'Buy Crypto' tab, pick a deposit method and send funds to Bybit from CIMB Clicks
- Find Ethereum: In the search bar, type in Ethereum and click 'Ethereum/ETH'.
- Buy ETH: Input the amount of MYR/RM you want to invest and click 'Buy ETH'.
About CIMB Bank and CIMB Clicks
CIMB Bank is a leading bank in Malaysia with a strong presence in ASEAN. The bank has over 16,000 employees and offers a comprehensive range of financial products and services to more than 10 million customers. CIMB Clicks is the bank's award-winning online banking platform that allows customers to perform transactions and manage their finances conveniently and securely.
The platform provides a suite of features such as bill payment, fund transfer, balance checker, and many others. CIMB Clicks is available on both desktop and mobile devices, making it one of the most accessible online banking platforms in Malaysia.
CIMB Bank is committed to providing a customer-centric experience and offers 24/7 customer support via phone, email, and chat. The bank has also won numerous awards for its products and services, including the Best Retail Bank in Malaysia by The Asset Triple A Country Awards 2019.
Final Thoughts
CIMB Clicks does not offer direct access to cryptocurrency trading services, but it is a crypto-friendly bank. Investors in Malaysia can easily transfer MYR from their CIMB Bank and CIMB Clicks accounts to a licensed and regulated exchange for buying cryptocurrencies with low fees.
Bybit is our recommended platform for investing in digital assets with CIMB Bank accounts. They offer instant MYR deposits, low fees, and access to more than 400 cryptocurrencies.
