Malaysian Crypto Gambling Sites

Malaysian Crypto Gambling Sites

Malaysian Crypto Gambling Sites

Gambling in Malaysia might be considered taboo for the majority of the Islamic population in the country, but it remains legal for citizens that want to engage in it. To escape the toll of stigmatization, locals use Malaysian crypto gambling sites.

They are the best solution for all kinds of players in the country, as they allow everyone to enjoy their favorite games while maintaining a low profile, away from the eye of the state. Keep reading and find all the legit crypto-friendly sites and the intricate details about the regulation and taxes.

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Find the best bonus for crypto gambling in Malaysia

If you are a Malay citizen, forget substandard odds, poor slots & tables selection and weak bonuses that you might have been used to so far. Malaysian crypto casinos and sports betting sites bring you the best deals around while allowing you to keep a low profile. Our team here at CryptoGambling.TV has filtered the best offers for you, so that you may jump straight into the action.

Casino
Rating
Min Deposit
Rollover
Bonus Code
% Percentage
Amount
#1
Vave Bonus
4.4/5
star star star star star
Cashback
$20
B x 40
NO CODE
100% Bonus Up To1 BTC
#2
Coins.Game Bonus
4.2/5
star star star star star
Deposit Bonus
$10
N/A
NO CODE
180% Bonus Up To$20,000
#3
BetPanda Bonus
4.3/5
star star star star star
Deposit Bonus
$10
x80
NO CODE
100% Bonus Up To1 BTC
#4
Duelbits Bonus
4.2/5
star star star star star
Rakeback
$10
special-rules
Special Rules
Exclusive Offer
NO CODE
Bonus Up To10% Rakeback +500FS
#5
Coinplay Bonus
4.2/5
star star star star star
Deposit Bonus
20 USDT
x40
NO CODE
100% Bonus Up To5,000 USDT
#6
Jackbit Bonus
4.1/5
star star star star star
Deposit Bonus
€50
x1
WELCOME
copy-icon
Bonus Up To100 FS
#7
22bet Bonus
4.2/5
star star star star star
Deposit Bonus
€1
B x 50
Exclusive Offer
CRYPTOTV
copy-icon
100% Bonus Up To€300
#8
Stake Bonus
4.4/5
star star star star star
Rakeback
$1
special-rules
Special Rules
Exclusive Offer
CRYPTOTV
copy-icon
Bonus Up To10% Rakeback
#9
Gamdom Bonus
4.0/5
star star star star star
Rakeback
$1
special-rules
Special Rules
NO CODE
Bonus Up To15% Rakeback
#10
Sportsbet.io Bonus
4.1/5
star star star star star
Daily Rewards
$1
special-rules
Special Rules
NO CODE
Bonus Up ToDaily Rewards
#11
BC.Game Bonus
4.3/5
star star star star star
Deposit Bonus
$30
special-rules
Special Rules
Exclusive Offer
NO CODE
120% Bonus Up To$20,000
#12
1xbet Bonus
4.2/5
star star star star star
Deposit Bonus
$10
x35
NO CODE
100% Bonus Up To$1,500
#13
Kineko Bonus
4.1/5
star star star star star
Deposit Bonus
$20
B x 35
NO CODE
100% Bonus Up To$100 + 200FS
#14
20Bet Bonus
4.3/5
star star star star star
Deposit Bonus
$/€20
B x 40
NO CODE
100% Bonus Up To$/€120
#15
Rocketpot Bonus
4.0/5
star star star star star
Deposit Bonus
$25
x35
NO CODE
100% Bonus Up To$5,000
#16
Mystake Bonus
4.2/5
star star star star star
Deposit Bonus
$20
x30
NO CODE
170% Bonus Up To$1,000
#17
Goldenbet Bonus
4.1/5
star star star star star
Deposit Bonus
$20
x35 in Slots
NO CODE
100% Bonus Up To$500
#18
FortuneJack Bonus
4.0/5
star star star star star
Deposit Bonus
BTC 0.001
Bonus x30
NO CODE
110% Bonus Up ToBTC 1.5
Bookmaker
Rating
Min odds
Min Deposit
Rollover
Bonus Code
% Percentage
Amount
#1
Vave Bonus
4.4/5
star star star star star
Cashback
2.00
$20
B X 5 (Doubles)
NO CODE
100% Bonus Up To1 BTC
#2
Coins.Game Bonus
4.2/5
star star star star star
Deposit Bonus
N/A
$10
N/A
NO CODE
180% Bonus Up To$20,000
#3
BetPanda Bonus
4.3/5
star star star star star
Deposit Bonus
-
$10
x80
NO CODE
100% Bonus Up To1 BTC
#4
Duelbits Bonus
4.2/5
star star star star star
Freebet
1.50
$10
B X 5
NO CODE
100% Bonus Up To$100
#5
Coinplay Bonus
4.2/5
star star star star star
Deposit Bonus
1.60
20 USDT
x40
NO CODE
100% Bonus Up To5,000 USDT
#6
Jackbit Bonus
4.1/5
star star star star star
Freebet
1.30/selection (trebles)
€20
special-rules
Special Rules
NO CODE
100% Bonus Up To€100
#7
22bet Bonus
4.2/5
star star star star star
Deposit Bonus
1.40/selection (Trebles)
€1
Β x 5
Exclusive Offer
NO CODE
100% Bonus Up To€122
#8
Stake Bonus
4.4/5
star star star star star
Rakeback
-
$1
special-rules
Special Rules
Exclusive Offer
NO CODE
Bonus Up To10% Rakeback
#9
Gamdom Bonus
4.0/5
star star star star star
Rakeback
$1
special-rules
Special Rules
NO CODE
Bonus Up To15% Rakeback
#10
Sportsbet.io Bonus
4.1/5
star star star star star
Daily Rewards
-
$1
special-rules
Special Rules
-
copy-icon
Bonus Up ToDaily Odds Boost
#11
BC.Game Bonus
4.3/5
star star star star star
Deposit Bonus
-
$30
special-rules
Special Rules
Exclusive Offer
NO CODE
120% Bonus Up To$20,000
#12
1xbet Bonus
4.2/5
star star star star star
Deposit Bonus
1.4
$1
x5
-
copy-icon
100% Bonus Up To$100
#13
Kineko Bonus
4.1/5
star star star star star
Deposit Bonus
1.50
$20
D x 10
NO CODE
100% Bonus Up To$150
#14
20Bet Bonus
4.3/5
star star star star star
Deposit Bonus
2.00 Combined (ACCAs)
$/€10
B x 5
NO CODE
100% Bonus Up To$/€100
#15
Rocketpot Bonus
4.0/5
star star star star star
Deposit Bonus
-
$25
x35
-
copy-icon
100% Bonus Up To$5,000
#16
Mystake Bonus
4.2/5
star star star star star
Deposit Bonus
1.40/selection
$20
x10 in Doubles
NO CODE
100% Bonus Up To$500
#17
Goldenbet Bonus
4.1/5
star star star star star
Deposit Bonus
1.4/selection
$20
x10 in Trebles
NO CODE
100% Bonus Up To$500
#18
FortuneJack Bonus
4.0/5
star star star star star
Cashback
N/A
BTC 0.001
N/A
-
copy-icon
20% Bonus Up To20% Cashback
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Best Malay crypto casinos

If you're looking for the best crypto casinos in Malaysia, you have come to the right place. In the list below you can find the top brands available to local residents, offering large welcome bonuses, thousands of slots from major providers and lightning-fast payouts.

Casino
Rating
Crypto Coins
Highlights
% Percentage
Amount
#1
Vave
4.4/5
star star star star star
Cashback
Bitcoin logo
Ethereum logo
USDT logo
check-icon
Over 8 Coins
check-icon
70+ Providers
check-icon
Over 700 Bonus Buy Games
check-icon
4+ Fiat To Crypto Gateways
100% Bonus Up To1 BTC
#2
Coins.Game
4.2/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
15+ Popular Cryptos
check-icon
3,000+ Games
check-icon
No KYC Required
check-icon
Easy Signup
180% Bonus Up To$20,000
#3
BetPanda
4.3/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
Over 10 Coins
check-icon
5,000+ Slots
check-icon
No Verification Required
check-icon
Separate Crypto Wallets
100% Bonus Up To1 BTC

Malay Crypto casino pro tips

Remember, there are both crypto-only & hybrid casinos. When you play at crypto-only casinos, you can make deposits and withdrawals with cryptos but also wager using the coin you initially deposited with. At hybrid casinos, you can deposit and withdraw with cryptocurrency, but not gamble with it. Your deposits will first need to be converted into a FIAT currency, which you choose during your sign-up.

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Top Malay crypto sports betting sites

We have hand-picked a few brands that support crypto transactions and offer a top-notch sportsbook service. Our favourite crypto sports betting sites come with thousands of daily live markets, high odds and regular crypto promotions. Moreover, they are far safer than local illegal websites that operate through shady agents. Your bankroll will be in safe hands.

Bookmaker
Rating
Crypto Coins
Highlights
% Percentage
Amount
#1
Vave
4.4/5
star star star star star
Cashback
Bitcoin logo
Ethereum logo
USDT logo
check-icon
Over 8 Coins
check-icon
Up To 96%+ Odds
check-icon
Over 1,000 Daily Live Events
check-icon
4+ Fiat To Crypto Gateways
100% Bonus Up To1 BTC
#2
Coins.Game
4.2/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
15+ Popular Cryptos
check-icon
97% Odds In Top Leagues
check-icon
No KYC Required
check-icon
Easy Signup
180% Bonus Up To$20,000
#3
BetPanda
4.3/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
Over 10 Coins
check-icon
Livestreaming
check-icon
40,000+ Monthly Pre-game Events
check-icon
Bitcoin Lightning Accepted
100% Bonus Up To1 BTC
Malay Crypto Bookmakers - Pro Tips

Even if you opt for offshore crypto sports betting sites with an international aura, it is still nice to have a bit of a localised experience. Check if the Malay language is available, as well as the MYR currency. Moreover, inspect your chosen sportsbook to see if they have adequate markets covering popular Malay sports like football, badminton and sepak takraw. Last but not least, they should offer Malay Odds, as most local bettors are familiar with this numerical type.

What are Malay odds?

Malay odds is an odds format that has been used by bitcoin bookmakers in Malaysia for quite some time. They only represent probability numbers and do not have a decimal part; unlike decimal odds, which can be represented as an integer or fraction of 1. You can see how some of the most popular sports odds will be displayed using different formats, in the following table:

ODDS FORMAT 1 X 2
Malay 0.20 0.90 -0.83
Decimal 1.20 1.90 2.20
Fractional 1/5 9/10 6/5
Vave Logo
Casino
Vave
4.4/5
star star star star star
YEAR EST
2022
check-icon
Over 8 Coins
check-icon
70+ Providers
check-icon
Over 700 Bonus Buy Games
check-icon
4+ Fiat to Crypto Gateways
Pragmatic Play Pragmatic Play
No Limit City No Limit City
NetEnt NetEnt
100% Bonus Up To 1 BTC
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How to deposit on Crypto gambling sites in Malaysia

As a local, you can create an account on almost every big exchange like KuCoin, Kraken or Huobi. If you prefer a local company, SINEGY is a Malaysian crypto exchange approved by the country’s Securities Commission. Just follow the steps below.

Step-By-Step Process
Malaysian Crypto Gambling Sites
Malaysian Crypto Gambling Sites
Step-By-Step Process
1
Start an account at a crypto exchange. Fund it via debit card, bank transfer or any other local option. Acquire the cryptocurrency that you are going to use as a gambling bankroll.
2
If you are not in a hurry, limit orders hold fewer fees than market orders. Sometimes, it is better to acquire the proprietary coin of the exchange first, as trading pairs with them cost less.
3
Transfer the cryptocurrency amount to your private wallet. Never make direct transactions between crypto exchanges & crypto gambling sites. Crypto exchanges may freeze such accounts.
4
Head over to the gambling site’s cashier section. Click on the relevant crypto method. The wallet’s address will appear. Copy the address and paste it into your wallet’s send function. QR code scans are commonly available too.
5
If a brand does not support crypto-only wallets, watch out for the exchange rate. Any spread above 1% of the current market rate is too much.
6
After a few seconds or minutes, your deposit will settle. This depends on the cryptocurrency and the number of block confirmations required by the operator.

After hopefully scoring a big win and you want to cash out, all you have to do is enter your private wallet address on the withdrawal page, and the winnings will be on your wallet within a few minutes. You may now ask yourself how does it work in terms of taxation, so we are going to briefly break down the Malaysian crypto regulation.

Vave Logo
Sportsbook
Vave
4.4/5
star star star star star
YEAR EST
2022
check-icon
Over 8 Coins
check-icon
Up to 96%+ Odds
check-icon
Over 1,000 Daily Live Events
check-icon
4+ Fiat to Crypto Gateways
Cash out Full Cash out Full
Live Streaming Live Streaming
100% Bonus Up To 1 BTC

How are crypto gambling winnings taxed in Malaysia

When it comes to taxation on gambling winnings, Malaysia is a paradise, since they are not taxed at all. The same generally applies to crypto capital gains, which are exempted from any taxation. However, there is a minor twist to it. The Malaysian fiscal authorities have stated that capital gains from cryptocurrencies are not taxed, as long as they are not a regular or repeated source of income.

In other words, if you treat your crypto like a professional day trader, you will have to declare it in your tax return if you want to be 100% legal. In any case, such laws are very hard to enforce, especially if you stick to decentralised platforms. In conclusion, we could say that the Malaysian crypto regulation is favourable to crypto gamblers. Nevertheless, the most important issue for Malay players is not taxation, but privacy.

How to reach a high level of anonymity

Due to the local religious status, it is better to keep your gambling activity under the radar. It is obvious that using crypto gambling in Malaysia is the way to go since verification procedures are usually quite relaxed and payments hardly get monitored. Your identity and gambling preferences will remain safeguarded. And If you want to go to the next level, you can opt for privacy coins like Zcash or Monero, which utilise a technology where you can not trace the recipient or a sender’s address on the blockchain.

What goes on outside the northern and southern borders

Just like Malaysia, gamblers in most neighbouring countries face harsh restrictions. Crypto casinos in Singapore are a welcome addition due to the state monopoly on gambling. Most importantly, the anonymity that comes with cryptos guarantees your safety. Similarly, Vietnamese crypto gambling sites allow players to go beyond the local illegal betting shops and enjoy quality products that hold legitimate offshore licenses. And as the cherry on top, no taxes on any winnings

*Remember, as we are not financial advisors, this is meant to be a simple overview of the current fiscal situation. Contact a tax professional for your financial inquiries, as errors may lead to significant losses & subsequent fines.

Our final verdict on crypto gambling in Malaysia
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Our final verdict on crypto gambling in Malaysia

Even within a rather hostile environment towards gambling, many Malaysians enjoy wagering in both casino games and sports. The fact is that the available conventional options are below standard and risky. On the other hand, cryptocurrencies give you access to a great variety of international brands through their top-notch products. And most importantly, crypto gambling sites let you stay under the radar and avoid any negative repercussions. We strongly recommend Malay players to stick to our recommendations, as they will greatly elevate your gameplay.

FAQs

For most people in Malaysia, gambling is prohibited due to the state Islamic religion. However, people that belong to other religious groups are free to gamble or visit land-based casinos.

You can purchase cryptocurrencies at the largest exchanges such as Binance, Kucoin, Kraken and others. You are able to deposit via Banktransfer or your credit card.

In Malaysia, cryptocurrencies are legal and regulated. The majority of digital assets are classified as securities and are governed by local securities crypto regulations, which are implemented by the Malaysian Securities Commission under the 2019 Capital Markets and Services Ordinance.

If you want to find the best crypto casino, you have to pay attention to withdrawal times, customer support, bonus terms and conditions and much more; above, you can find a guide we created that shows you how to choose a reliable online casino.

Cryptogambling.tv is the first site to fully empower crypto iGaming brands. Decentralized digital currencies are the answer to the restrictions that gamblers face worldwide. Your funds, your rules. At the same time, we accept no compromises, and promote only legitimate websites. Trust our expertise, become an avid crypto gambler and maximize your bankroll’s value.
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