Malaysia | 2021

Cryptocurrency adoption and trends in Malaysia in 2021

3.1

%

of Malaysians
own cryptocurrency

How many crypto owners are there in Malaysia?

It is estimated that over 1.0 million people, 3.1% of Malaysia’s total population, currently own cryptocurrency.

Malaysian – next potential crypto hub?

Crypto exchange Luno Malaysia reported a 33% increase in active users in April 2020, while another crypto exchange Tokenize reported a 30-40% average daily increase in trading in early April 2020.

Are Malaysians open to crypto?

The survey conducted in early 2019 indicates there is already a high level of awareness of cryptocurrencies in Malaysia (84%), while almost half of Malaysians (46%) expressed interest in investing in cryptocurrencies in the future.

Crypto’s rising popularity in Malaysia

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