The Best Way To Safely Buy Crypto With CIMB Clicks
Mike Harry
Mar 2024
5 min read
Fact checked
Summary: Customers of CIMB Clicks that want to buy cryptocurrencies like Bitcoin have to use regulated third-party exchanges like eToro and Uphold. These are beginner-friendly exchanges that are safe to use and that offer 100s of cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and many other. They are perfect for beginners who look for a simple way to invest in 100s of cryptocurrencies.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Can I Buy Crypto With CIMB Bank?
Although it is not possible to purchase cryptocurrencies directly through CIMB Bank, customers can still indirectly acquire digital assets using their CIMB Bank account. This can be done by connecting their CIMB Bank account or linking their credit or debit card to a legitimate cryptocurrency exchange such as eToro or Uphold.
How To Buy Crypto With CIMB Bank?
The first recommended step in buying and selling cryptocurrencies is to sign up for a safe and regulated exchange such as eToro and Uphold. These two exchanges are particularly suitable for beginners due to their user-friendly features and extensive range of cryptocurrencies to buy and sell.
Signing up for either exchange is quick and completely free of charge. After signing up, the next step is to connect your CIMB Bank account and make your first deposit. Bank deposits through Automated Clearing House (ACH) are free of charge, whereas credit/debit card transfers tend to be slightly more expensive.
That being said, card transfers are advantageous because the funds arrive instantly, whereas bank transfers may take longer. Once your funds have been deposited into your account, you can start buying and selling various cryptocurrencies including but not limited to Bitcoin, Ethereum, Solana, and more.
Signup in two minutes
1. Create Account: Signup and add your identity verification 2. Deposit Funds: Via your CIMB Clicks saccount or credit/debit card 3. Start Buying: Once your deposit has arrived in your account
Does CIMB Clicks allow crypto purchases?
CIMB Ban offers convenient and hassle-free access to conventional banking services to its customers. These services may include but are not limited to deposit accounts, loans, credit cards, and investment options.
However, it is important to note that CIMB Bank does not specialize in providing products and services related to the cryptocurrency space. Despite this, CIMB Bank allows its customers to register with reputable and regulated cryptocurrency exchanges.
Buy crypto with CIMB Clicks Credit Card?
As a customer of CIMB Clicks, you have the privilege of being able to use your debit or credit cards to deposit fiat currencies to regulated cryptocurrency exchanges to buy and sell cryptocurrencies. We highly suggest that you opt for regulated exchanges for the smooth and hassle-free processing of your funds during deposit and withdrawal.
Is CIMB Clicks crypto friendly?
Although CIMB Clicks does not provide any services that are directly related to cryptocurrencies, it still possesses a crypto-friendly reputation.
This is due to the fact that CIMB Clicks clients are able to link their bank accounts or debit cards to third-party exchanges that are regulated in order to buy and sell digital currencies.
In addition to this, CIMB Clicks has not been recognized for imposing any restrictions on deposits and withdrawals that are associated with these regulated exchanges.
About CIMB Clicks
CIMB Clicks is one of the leading online banking platforms in Malaysia. It provides convenient digital banking services to millions of customers in Malaysia.
In addition to Malaysia, CIMB Clicks operates in several other countries in the region, including Indonesia, Singapore, Thailand, and Cambodia. CIMB Clicks offers a wide range of banking products and services to cater to the diverse needs of its customers:
Account Management: Customers can open various types of accounts, such as savings accounts, current accounts, and fixed deposit accounts.
Bill Payments: The platform allows customers to conveniently pay their utility bills, credit card bills, and other payments through online bill payment services.
Loans and Financing: CIMB Clicks provides customers with the ability to apply for personal loans, home loans, car loans, and other financing options.
Investments and Insurance: CIMB Clicks offers investment services, allowing customers to trade stocks, invest in unit trusts, and manage their investment portfolios.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Author
Mike Harry
Mike is a passionate crypto enthusiast who bought his first Bitcoin in 2016. With a natural curiosity and a love for learning and tinkering, Mike is always trying out new DeFi applications. Mike excels at breaking down difficult concepts into easy-to-read guides for beginners.