Choosing where to buy or trade crypto in Malaysia involves more than comparing fees or finding a platform that lists a particular token. It also means understanding who is handling your money, what services they are authorised to provide, and whether they are licensed in Malaysia’s regulated digital asset market.
As of 9 September 2026, Malaysia has five regulated crypto exchanges, three digital asset custodians (DACs), and two Initial Exchange Offering (IEO) operators, all appointed by the Securities Commission of Malaysia (SC).
SC maintains a public list of registered exchanges, which enables investors like you to check which companies are authorised to operate here. Regulated crypto exchanges in Malaysia, digital asset custodians, and IEO operators are businesses that perform different functions.
What are the regulated crypto exchanges and services available by these companies here?
Last updated: 10 September 2026
List of Regulated Crypto Exchanges (DAX) in Malaysia (2026)
As of 9 September 2026, the Securities Commission of Malaysia (SC) has registered five Recognised Market Operators (RMOs) to establish and operate DAXs in Malaysia: Hata Digital Sdn Bhd, Luno Malaysia Sdn Bhd, MX Global Sdn Bhd, SINEGY DAX Sdn Bhd and Kinetic DAX Sdn Bhd.
These registered exchanges have met the SC’s stringent requirements.
Moreover, they are authorised to offer a range of services related to digital assets. Investors must deal only with SC-approved exchanges to ensure the safety of their investments.
1. HATA Digital Sdn Bhd
HATA Digital Sdn Bhd (HATA) is a player in the Malaysian crypto exchange scene founded by David Low, KK Chong, and Darien Ng. HATA caters to both individuals and institutions who need to navigate the world of cryptocurrencies.
The company’s mission centres on simplifying the crypto experience.Hata also has a Shariah compliance certification issued by Amanie Advisors.
Tokens Provided:
BTC, ETH, BNB, XRP, SOL, TRX, HYPE, DOGE, LINK, ADA, XLM, BCH, UNI, LTC, GRAM, HBAR, AVAX, SUI, SHIB, NEAR, XAUT, MNT, DOT, AAVE, ONDO, WLD, ENA, SKY, PEPE, ARB, POL, ATOM, ALGO, JUP, RENDER, CAKE, INJ, TRUMP, ETHFI, CRV, PENGU, VIRTUAL, PYTH, FET, ZRO, TIA, PENDLE, SEI, LDO, XTZ, BONK, ENS, FLOKI, TWT, GRASS, OP, STRK, WIF, GRT, COMP, EIGEN, AXS, APE, 1INCH, SNX, SAND, IMX, S, BAT, HNT, DYDX, GALA, BR, SAFE, ARKM, BOME, BERA, ENJ, IO, NOT, ANKR, APEX, SIGN, MANTA, MANTRA, DOGS, CGPT, CYBER, FIL
Source: Hata coin listing
2. Luno Malaysia Sdn Bhd
Luno Malaysia Sdn Bhd is a popular cryptocurrency exchange in Malaysia, and the first in the country, too. As part of the global Luno platform, they have a strong international presence, serving millions of customers in over 40 different countries. The company emphasises security, ease of use, and educational resources, making it suitable for beginners and experienced crypto investors.
Tokens Provided:
AAVE, ALGO, ANKR, APE, ARB, AVAX, AXS, BERA, BNB, BTC, BCH, TAO, ADA, TIA, LINK, ATOM, CRV, DOGE, ETH, ENS, EURC, GRAM, HBAR, HNT, HYPE, IMX, INJ, JUP, ZRO, LDO, LTC, LRC, NEAR, ONDO, OP, PAXG, PYUSD, DOT, POL, PYTH, RENDER, XRP, SEI, SKY, SOL, S, STRK, XLM, SUI, SNX, USDT, XAUt, GRT, SAND, TRX, UNI, USDC, VIRTUAL, ZEC
Source: Luno assets
3. MX Global Sdn Bhd
MX Global Sdn Bhd is another regulated crypto exchange in Malaysia, known for its secure and accessible platform and its MX Global app.
The company focuses on providing a seamless trading experience with verification levels and limits that are dependent on a customer’s account classification, especially for individual investors.
Tokens Provided:
BTC, ETH, XRP, SOL, WLD
Source: MX FAQs
4. SINEGY DAX Sdn Bhd
SINEGY DAX Sdn Bhd is a Malaysian-owned and operated digital asset exchange that focuses on trading and caters to both retail and institutional traders.
They offer a range of trading tools and features on a platform that allows users to directly buy and sell cryptocurrencies, with limit, stop-limit, stop-market and trailing stop orders under its trading terminal.
Tokens Provided:
BTC, ETH, SOL, XRP, ADA
Source: SINEGY Exchange
5. Kinetic DAX Sdn Bhd
Kinetic DAX Sdn Bhd (KDX) is an exchange that supports a diverse selection of cryptocurrencies, which provide their users with ample investment options.
Their platform is designed to be user-friendly for beginners and experienced traders. KDX also places a strong emphasis on user education. KDX also has an Academy section, which offers resources and guides to learn how to buy cryptocurrency in Malaysia.
Tokens Provided:
ALGO, AAVE, AVAXC, BTC, BCH, ADA, LINK, ATOM, CRV, ETH, HBAR, LTC, NEAR, DOT, POL, SOL, XLM, SNX, SKY, GRT, UNI, WLD, XRP
Source: KDX Supported digital assets page
Digital Asset Custodians (DACs)
In addition to regulated crypto exchanges in Malaysia, Digital Asset Custodians (DACs) play a vital role in Malaysia’s digital asset ecosystem.
DACs are entities that safeguard digital assets on behalf of investors, offering secure storage and management solutions. They act as trusted third parties, ensuring the safety and integrity of investors’ digital holdings.
The SC has established guidelines for DACs, requiring them to register and comply with stringent security and operational standards.
This regulatory oversight ensures that DACs operate responsibly and transparently, providing investors with confidence in the safety of their digital assets.
Here is the full record of the digital asset custodians that are regulated by the SC, which, as of now, features three companies: CoKeeps Sdn Bhd, Gambit Custody Sdn Bhd, and Jada Platform Sdn Bhd.
1. CoKeeps Sdn Bhd
CoKeeps Sdn Bhd is a pioneering company in the Malaysian digital asset space. They are the first regulated digital asset custodian (DAC) in Malaysia, approved by the Securities Commission Malaysia (SC).
CoKeeps offers institutional-grade infrastructure. Its offerings include storage, API access, smart contract solutions, and other custom products and features.
2. Gambit Custody Sdn Bhd
Gambit Custody Sdn Bhd is another key player in Malaysia’s digital asset ecosystem. The company provides secure storage and management solutions for institutions, enterprises, and families alike.
3. Jada Platform Sdn Bhd
Jada Platform Sdn Bhd, or JADAEX, is another entrant in digital asset custodians in Malaysia.
JADAEX offer custody solutions for digital assets and provides a variety of services, including digital asset custody, institutional services, issuer services, as well as white-label wallet solutions and tokenisation services.
Initial Exchange Offering (IEO) Operators
IEOs are a digital fundraising method where a startup sells digital tokens to investors through a cryptocurrency exchange. In Malaysia, IEOs are regulated by the Securities Commission Malaysia (SC).
The SC has issued the Guidelines on Digital Assets (DA Guidelines) to regulate IEOs. Malaysia has two IEOs, Kapital DX Sdn Bhd and Pitch Platforms Sdn Bhd.
1. Kapital DX Sdn Bhd
Kapital DX Sdn Bhd (KLDX) is Malaysia’s first registered Initial Exchange Offering (IEO) operator. It provides a platform for companies to raise capital by issuing digital tokens.
KLDX offers an alternative way for companies to raise funds, which can represent equity, debt, or other assets.
2. Pitch Platforms Sdn Bhd (pitchIN)
Pitch Platforms Sdn Bhd is the second player in Malaysia’s IEO landscape. It operates the equity crowdfunding platform pitchIN.
Pitch Platforms has facilitated numerous successful equity crowdfunding campaigns in Malaysia, raising up to RM400+ million according to its website.
Frequently Asked Questions (FAQs)
Which crypto exchanges are registered in Malaysia?
As of 9 September 2026, the Securities Commission of Malaysia lists five digital asset exchange providers: HATA Digital, Luno Malaysia, MX Global, SINEGY DAX, and Kinetic DAX. Always check the register before opening an account, as an operator’s status can change.
What is the difference between a crypto exchange, a digital asset custodian and an IEO platform in Malaysia?
A crypto exchange enables digital asset trading, a custodian provides safekeeping for digital asset investors, and an IEO platform helps businesses raise funds through digital token offerings. The SC regulates these as distinct business categories, so one registration for one activity should not be taken as authorisation to provide all three services.
Do all Malaysian crypto exchanges offer the same coins?
No. Each exchange carries its own asset selection, trading pairs and transfer options.
Featured image by Fintech News Malaysia