A Guide to Buying Bitcoin in Malaysia

Bitcoin is an innovative currency that was developed in 2009 by an anonymous person going by the alias Satoshi Nakamoto.  There are no banks involved since the transactions are made without any middlemen, like in Coinbox. Besides, there are no transaction fees and one doesn’t need to provide his or her real name. You can use bitcoins for purchase of webhosting services, pizza or even manicures since more merchants are now starting to accept them.

Advantages of Using Bitcoins

Bitcoins, allow you to buy merchandise incognito. Also, the fact that bitcoins are not attached to any country or subject to regulation makes international payments easy and cheap. Small businesses may prefer them since no credit card fees are charged. There are a number of people who are purchasing bitcoin as a form of investment with hope that they will appreciate in value.

How Bitcoins are acquired

There are a number of market places referred to as “bitcoin exchanges” where people can buy or sell using various currencies. The biggest bitcoin exchange is Mt. Gox.

Historically, it has been rather difficult to obtain bitcoin in Malaysia. Although there was a huge friction in obtaining this cryptocurrency, the process is now much easier, thanks to the opening of a number of new exchanges in 2014. This article is aimed at introducing you to places you can buy bitcoin in Malaysia.

1. BitX Malaysia
Although BitX Malaysia made a late entry in the game, it has proved to be among the better exchanges in Malaysia. It targeted emerging markets and has established markets in some African countries including South Africa, Kenya and Namibia. In August 2014, BitX Malaysia, which is headquartered in Singapore, raised $1 million in seed funding with a development team in South Africa. Colbert Low is the founder of Bitcoin Malaysia, which he also heads.

2. btc.my

btc.my is headed by Arsyan Ismail who is a local entrepreneur and the founder of cryptomarket. Through his company1337 Tech Sdn. Bhd. Arsyan btc he owns btc.my.  He is into a number of Bitcoin initiatives in Malaysia.  A  Bitcoin ScratchCard, a Bitcoin bill payment system for the Malaysian market and a Bitcoin Point-of-Sale terminal and are some of his other projects. Nasi Dagang Capital which is located in Damansara Uptown is one of his clients. The restaurant uses the Bitcoin Point-of-Sale terminal to accept bitcoin for making purchases. Arsyana says that the biggest hurdle to the acceptance of bitcoin in Malaysia is that the majority of people still find it extremely difficult to understand the concept.

3. Localbitcoins.com

Localbitcoins.com is a marketplace where buyers and sellers can meet either in person or online to trade bitcoin. As such, it is not an exchange.  It is helpful as a place for people to buy their first bitcoin without having to go through a lot of know-your-customer (KYC) procedures as exchanges customarily require.  Its significance as a place to buy bitcoin should however not be misplaced. But you need to exercise caution and only buy from traders with good reviews because trading on Localbitcoins is generally more unsafe.

The above are the 3 major websites to buy bitcoin in Malaysia. It is hoped that additional exchanges will open in Malaysia shortly in order to create a livelier ecosystem in the country.

Five Reasons To Consider An MBA Course In Malaysia

Did you obtain your Bachelor’s degree and are not sure what to do next? If you are interested in entrepreneurship, the corporate world and want a degree that will help you find a good job, you should definitely consider getting an MBA Malaysia. Here are some of the advantages of taking an MBA course in Malaysia.
There are over thirty MBA programs offered in Malaysia. This makes it easy to find a relevant course of study in any region. You also have the option of transferring to a different university if you do not want to study at the same school for the entire duration of the MBA degree.
An MBA is a very valuable degree since it is recognized everywhere in the world. You will be able to apply for a job anywhere in the world once you graduate and employers will instantly know what you learned in school. Your MBA will make you more employable than a student who obtained a degree most employers are not familiar with.

You will learn a lot of valuable skills during your MBA. The purpose of this degree is to prepare you for the business world, more specifically for business administration. Obtaining an MBA degree means you can go after a wide range of positions in the business world and can work in a huge number of industries. Regardless of the kind of career you want, an MBA is a great way to find something that interests in you shortly after graduating.
Obtaining a degree in Malaysia is very affordable compared to the average cost of a Master’s degree in other countries. You will receive the same education, have access to the same educational resources and learn from qualified professors without getting deeply in debt. Getting an MBA can be expensive if you study at a renowned school but the degree you obtain will not be more valuable than an MBA obtained from a university in Malaysia. Even though an MBA is a valuable degree, having to pay back student loans can be a financial burden.
Malaysia has an amazing business community that is always looking for new talents. You will have the opportunity to build a strong professional network while you study in Malaysia and perhaps complete an internship while you study or directly after graduating. You will also have access to a dynamic job market with a strong need for young graduates with an MBA degree. Some universities even have job placement programs and will prepare you to ace interviews and show you how to apply for jobs.

Studying in Malaysia to obtain an MBA degree is an option you should consider if you are interested in business administration and are currently based in Malaysia. You can also move to Malaysia as an international student to obtain your MBA degree while discovering a new culture. Going to Malaysia as an international student is an amazing experience and a great way to obtain a valuable degree without having to pay the high tuition fees most universities charge.