If you’ve been eyeing a foray into cryptocurrency investment – you now have a new avenue to start your journey. Tokenize Xchange is the latest digital asses exchange operator in the country to receive a full approval by the Securities Commission Malaysia to operate.
This makes Tokenize the third company in the country besides SINEGY and Luno to be a fully-regulated digital asset exchange platform. These are the three names that you should look to for a safe avenue to invest in Bitcoin and Ethereum.
There has been no word on early registration promos yet, so Luno currently holds the upper hand with promo deals on Shopee, where new users can buy Luno wallet cash at a discounted price.
But Hong Qi Yu, CEO and CTO of Tokenize Malaysia says that their focus in Malaysia is to “champion a safe and secure platform for users”, while offering on the website and mobile app.
The current Bitcoin ecosystem seems to be improving after the crash a few weeks ago – as it stands at the time of writing, one Bitcoin is worth RM30,000; a massive bump from RM19,853 during the crash. We’re etching closer to the RM42,000 mark we were seeing prior to the virus outbreak, so if you’re thinking of investing, now would be a good time. Visit Tokenize Xchange’s website here to learn more about their service.