How to Buy Bitcoin & Crypto with Public Bank

Can I Buy Bitcoin with Public Bank?

Yes, Public Bank customers can invest in Bitcoin by transferring MYR to regulated crypto exchanges in Malaysia. The bank doesn’t block these transfers, allowing users to move funds securely.

To stay compliant, it’s best to use platforms registered under local financial authorities. This ensures your crypto activity remains transparent and legally protected.

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How to Buy Crypto with Public Bank

Public Bank customers can safely access crypto by using trusted platforms like Bybit. The exchange accepts MYR and supports fast, secure deposits via bank transfer, card, or digital wallets.

Bybit is beginner-friendly but packed with tools for serious traders. It offers over 1,000 assets, plus extras like staking, lending, and low trading fees.

To get started:

1. Create an Account: Sign up on Bybit and complete the verification process.
2. Add Funds: Go to ‘Buy Crypto’ and choose MYR as your deposit currency.
3. ‍Pick a Payment Method: Select bank transfer, debit card, or e-wallet. ‍
4. Make Your Purchase: Choose a cryptocurrency, enter the amount, and confirm your trade.

Public Bank Cryptocurrency Policy

Public Bank recognizes the growing demand for digital asset investments and supports secure engagement through licensed exchanges. The bank ensures that transactions comply with Malaysia’s Securities Commission (SC) regulations, providing a safe path for customers to invest.

Bybit stands out as a trusted platform, aligning with local laws and offering transparent asset management. With regular updates on investments and a focus on security, it provides peace of mind for Public Bank users entering the crypto space.

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Digital Asset Investing Fees

For Public Bank users entering the crypto market, understanding fees is essential for optimizing returns. Here's a breakdown of typical costs on digital asset platforms:

• Trading Fees: Most exchanges charge a commission on trades. Bybit offers a low 0.1% fee, making it a cost-effective choice for users.
• Transfer Fees: Depositing funds can vary by payment method. Bank transfers are usually free, while credit card deposits can cost up to 2%.
• Withdrawal Costs: Fees for withdrawing cryptocurrencies depend on the asset. For example, Bitcoin typically incurs a fixed fee of 0.0005 BTC.

For Public Bank customers, Bybit is an attractive option. It offers low fees, free MYR deposits, and a secure platform that complies with local regulations, making it a solid choice for digital asset investments.

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What is Public Bank?

Public Bank, founded in 1966 by Tan Sri Dato' Sri Dr. Teh Hong Piow, is one of Malaysia's most trusted banks. It's known for its steady growth and focus on customer service, offering everything from personal banking to investment and Islamic finance.

The bank has built its strong reputation on smart risk management and efficiency, always putting customers first. With plenty of branches and user-friendly digital banking, accessing services, including crypto investments, is simple and secure.

As digital finance grows, Public Bank is making sure its customers can confidently step into the crypto world with secure transactions on trusted platforms.

Best Alternative Crypto Exchanges for Public Bank Users

Bybit is an excellent choice for Public Bank customers, but there're several other exchanges offer unique benefits that may suit your preferences:

• Binance: As one of the largest exchanges worldwide, Binance gives you access to a huge variety of cryptocurrencies. Its low fees and flexible deposit options, including MYR, make it an appealing choice for those seeking diversity in their investments.
• Gemini: Known for its top-notch security and regulatory compliance, Gemini is a solid option for those who prioritize trust and simplicity. It offers easy MYR deposits and provides a secure, user-friendly environment for crypto traders of all levels.
• KuCoin: If you’re looking for more advanced trading features, KuCoin is a strong contender. With access to staking, futures, and a wide range of trading pairs, it’s perfect for those looking to diversify their portfolio and try different crypto strategies.

Each of these platforms offers a secure, regulated environment, allowing Public Bank users to confidently explore the world of cryptocurrency trading.

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Final Thoughts

Although Public Bank doesn’t offer direct crypto trading, it provides a reliable way to transfer funds into the crypto market, all while staying compliant with Malaysia’s financial guidelines. With the right platform, you can easily dive into digital assets without any concerns, knowing your transactions remain secure and regulated.

For Public Bank customers, Bybit is an excellent choice. It offers free MYR deposits, low trading fees, and access to over 850 cryptocurrencies. Whether you're just starting out or looking to expand your portfolio, Bybit gives you the flexibility, security, and a range of investment options, including lending, borrowing, and staking services.

If you want a smooth, secure, and regulated path to crypto, pairing Public Bank with Bybit offers a solid foundation for your digital asset journey. Bybit also supports multiple languages, including Malay, Mandarin, and English, making it an accessible choice for a wide range of users.