Best Crypto Referral Codes Malaysia 2026
4 verified codes · BTC, USDT & USDC rewards · Updated Apr 2026
Note: Only Luno is SC-approved in Malaysia. Other exchanges are global platforms. Crypto investments carry risk — only invest what you can afford to lose.
Luno is the only major crypto exchange with full Securities Commission Malaysia (SC) approval as a registered Digital Asset Exchange (DAX). Referral code FJKG2K gives RM25 in Bitcoin after you deposit and buy RM250 of crypto. Safest choice for Malaysian beginners — fully legal, locally regulated.
Best for: Beginners, compliance-conscious investors, BTC/ETH buyers
Binance is the world's largest crypto exchange with the deepest liquidity and lowest fees. Code GRO_28502_3P3ZD unlocks USDC rewards via the Earn Together programme. Binance supports 350+ coins, futures, staking, and DeFi — far more than any SC-approved exchange.
Best for: Advanced traders, altcoin buyers, futures trading
Bitget (code QHQ6BHG9) offers up to 6,200 USDT in welcome gifts — the highest advertised crypto welcome bonus for Malaysian users. Bitget is known for its copy trading feature (mirror successful traders automatically) and competitive futures trading.
Best for: Copy traders, futures traders, high-bonus seekers
MEXC is known for listing new tokens early — often before they appear on Binance. Malaysian users can sign up via referral link and receive a mystery box with rewards up to $1,000. Best for traders who want early access to emerging cryptocurrencies.
Best for: Altcoin hunters, early-stage token traders
Mystery box up to $1,000
Get code →FAQ
Which crypto exchange is approved by the SC in Malaysia?
Luno is the most prominent SC-approved Digital Asset Exchange (DAX) in Malaysia. Other SC-registered DAXes include Tokenize, SINEGY, and Hata. Binance, Bitget, and MEXC are global exchanges not registered with the SC — Malaysians can use them, but they operate in a grey area legally. For fully compliant crypto investing in Malaysia, use Luno.
Is it legal to use Binance in Malaysia?
Binance is not registered with the Securities Commission Malaysia, but it is not explicitly banned for personal use. The SC has issued advisories noting that unregistered exchanges operate outside the regulatory framework. Many Malaysians use Binance, but for regulated, insured access to crypto, Luno (SC-registered) is the recommended choice.
What crypto referral code gives the most reward in Malaysia?
By advertised amount: Bitget (code QHQ6BHG9) claims up to 6,200 USDT in welcome gifts — though this requires significant trading volume. For realistic, guaranteed rewards: Luno (code FJKG2K) gives RM25 BTC after a RM250 purchase — straightforward and certain. Binance's Earn Together programme gives variable USDC rewards.
Can I buy crypto on Moomoo or Webull in Malaysia?
Moomoo and Webull are stock brokers — they trade stocks and ETFs, not cryptocurrency directly. However, you can gain crypto exposure via Bitcoin ETFs and crypto-related stocks (e.g., Coinbase, Microstrategy) on these platforms. For direct crypto ownership (actual BTC, ETH), use Luno or Binance.
What is the safest crypto exchange for Malaysians?
Luno is the safest for Malaysian users — it is SC-registered, has operated in Malaysia since 2017, and stores customer funds in cold wallets. As an SC-regulated DAX, Luno must comply with Malaysian financial regulations, anti-money laundering requirements, and investor protection standards. Global exchanges like Binance are technically unregulated in Malaysia.