Buy Bitcoin with GrabPay

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How to Buy Bitcoin with GrabPay in Malaysia

Buying BTC in Malaysia via GrabPay

Paybis paves the way for Malaysians to seamlessly conduct cryptocurrency transactions including buy/sell within its platform. Citizens of this country can now use GrabPay to buy cryptocurrencies as Paybis has gone a step ahead by integrating support for GrabPay.

How to get started: 
  1. Create a free account on Paybis.
  2. Complete KYC verification and enter the desired amount of BTC you want to buy.
  3. Select GrabPay as your payment option and initiate the transaction.
  4. Complete the transaction by entering your wallet address and promptly receiving Bitcoin in your wallet.

What is Bitcoin?

Bitcoin (BTC) is a digital currency invented in 2008 by an unknown person or group of people using the pseudonym Satoshi Nakamoto. It operates on a peer-to-peer network without the need for intermediaries and is the first cryptocurrency to gain widespread recognition and adoption.

Paybis allows global crypto enthusiasts including to Buy & Sell Bitcoin (BTC) by providing a safe and secure platform that abides by all regulatory terms and conditions put forward by the respective regulatory institutions.

Why Is GrabPay Preferable to Buy Bitcoin (BTC) in Malaysia?

GrabPay is preferable for buying Bitcoin (BTC) in Malaysia due to its widespread acceptance and familiarity among Malaysians. 
  1. GrabPay offers a widely used payment platform in Malaysia enabling users to seamlessly purchase Bitcoin without the need for additional accounts or platforms.
  2. Utilizing GrabPay Bitcoin becomes more accessible to a broader audience including those who may not have access to traditional banking services but have a GrabPay account linked to their mobile phones.
  3. GrabPay as a payment method for buying Bitcoin enhances users' experience while purchasing Bitcoins on highly secure platforms such as Paybis.

Benefits of Buying BTC with GrabPay in Malaysia

Buying Bitcoin (BTC) with GrabPay in Malaysia offers several benefits, especially for those who are already familiar with or regularly use the GrabPay service. Here are some of the key advantages:
  • Convenience
  • Integration with Grab ecosystem
  • High speed of transactions
  • Reduced need for traditional banking services
  • Ease of tracking expenditure
  • Low entry barrier
It's important to note that while there are benefits, users should also be aware of any fees, or limits associated with using GrabPay for purchasing Bitcoin in Malaysia.

How to Choose a Good BTC Wallet in Malaysia?

Determine whether you need a hot wallet (online) or a cold wallet (offline). Hot wallets are convenient for frequent transactions, while cold wallets offer better security for storing large amounts of BTC.

Paybis Wallet is our personal recommendation as we are confident in its security. All assets in your Paybis Wallet are verifiable on-chain and can be accessed by just logging into your Paybis account.

Other popular wallet options for storing BTC are Trezor, Ledger, and Tangem.