How to Buy Bitcoin & Crypto with CIMB Clicks

Can I Buy Bitcoin with CIMB Clicks?

Yes. CIMB Clicks allows users to transfer Malaysian Ringgit (MYR) to licensed cryptocurrency exchanges. While the bank doesn’t support crypto purchases directly, it enables secure deposits to platforms approved by the Securities Commission Malaysia (SC).

This means CIMB customers can buy Bitcoin and other digital currencies without violating local banking rules, as long as they use SC-registered exchanges.

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How to Buy Crypto with CIMB

The safest and most efficient way to buy cryptocurrencies with your CIMB account is by using a licensed crypto exchange that accepts Malaysian Ringgit (MYR) deposits. Platforms like Bybit make this process seamless, supporting instant MYR transfers via CIMB Clicks, credit/debit cards, and online banking.

With Bybit, you gain access to over 830 digital assets through a user-friendly interface designed for both beginners and seasoned investors. The platform’s low fees, high security standards, and quick deposits ensure a smooth experience from start to finish.

Follow these steps to get started:

• Create an Account: Sign up on Bybit and complete KYC verification.
• Select a Payment Method: Go to 'Buy Crypto' and choose an option compatible with your CIMB account.
• Choose MYR as Currency: This ensures a smooth local deposit process.
• Buy Your Crypto: Pick a token, enter your amount, and tap 'Buy.'

CIMB Cryptocurrency Policy

CIMB does not offer direct access to cryptocurrencies through its banking platform. However, it supports transfers to licensed exchanges that comply with Malaysia’s Securities Commission (SC) guidelines.

This means CIMB users can safely fund accounts on approved platforms like Bybit, which operate within legal and regulatory frameworks. These exchanges offer secure environments for crypto trading, backed by proper KYC and AML procedures.

By enabling these transfers, CIMB gives its customers a legal and secure way to access digital assets while maintaining its commitment to user protection and financial transparency.

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Digital Asset Investing Fees

Before buying crypto with CIMB, it’s important to understand the typical fees on exchanges like Bybit. This helps manage costs and make smarter investment decisions

• Deposit Fees: CIMB transfers to Bybit are free. Credit/debit cards may have processing fees of 1–2%.
• Trading Fees: Bybit charges a flat 0.1% per trade, much lower than platforms like Coinbase, which can charge up to 4%.
• Withdrawal Fees: These vary by token. For example, Bitcoin withdrawals typically cost 0.0005 BTC.

Bybit’s low fees, free MYR deposits, and wide token support make it one of the most affordable and beginner-friendly options for CIMB customers.

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What is CIMB?

CIMB (Commerce International Merchant Bankers) is one of Malaysia’s largest and most trusted financial institutions. Headquartered in Kuala Lumpur, it serves over 18 million customers across ASEAN.

The bank provides services like personal banking, business loans, Islamic finance, and wealth management. It has built a strong reputation for digital banking innovation through its CIMB Clicks platform.

CIMB’s secure online banking and support for Malaysian Ringgit (MYR) transfers make it easy for customers to fund regulated crypto exchanges. With full compliance under Bank Negara Malaysia (BNM) guidelines, CIMB gives users a safe and straightforward way to start investing in digital currencies

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Best Alternative Crypto Exchanges for CIMB Clicks Users

While Bybit is our top pick for CIMB users, other reliable exchanges also support MYR transfers and meet the standards set by Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC). Here are a few top alternatives:

• Luno: A licensed exchange under Malaysia's Securities Commission. Luno accepts MYR bank transfers from CIMB and offers an easy-to-use interface, perfect for beginners buying Bitcoin or Ethereum.
• MX Global: A Malaysian exchange registered with the SC. It supports CIMB transfers, offers local customer service, and features low trading fees for users looking for a compliant local option.
• Binance (via P2P): Though not based in Malaysia, Binance allows users to buy crypto using MYR through peer-to-peer trading. It’s ideal for experienced traders seeking a wide range of assets and low transaction costs.

These platforms give CIMB customers more flexibility, whether you're looking for ease of use, low fees, or a broader token selection. Always choose a provider that matches your trading goals and experience level.

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Final Thoughts

CIMB makes it easy for users to explore crypto safely by supporting transfers to regulated exchanges. While it doesn’t offer digital asset services directly, it enables compliant and secure access through trusted third-party platforms.

Bybit stands out as the best option for CIMB users. With free MYR deposits, low fees, and over 830 cryptocurrencies, it offers a smooth experience for both beginners and seasoned traders. When combined with CIMB’s reliable online banking and SC-aligned policy, it’s a smart entry point into the crypto market.