How to Buy Ethereum (ETH) in Malaysia
Create an account, add ringgit, and buy Ethereum at the live rate.
Luno's been building crypto infrastructure since 2013, the same year Ethereum first became part of the conversation in Malaysia. Buying your first Ethereum here means a regulated platform, a live ringgit price you can trust, and a buying flow built to get you from sign-up to owning crypto in minutes, not hours.
ETH/MYR market stats
What you'll learn about Ethereum
Where and how to buy Ethereum, with clear, step-by-step instructions.
The live Ethereum price in ringgit, plus key stats: market cap, volume, and all-time high.
Where to go next if you're also curious about Bitcoin or XRP, Luno's other most-traded assets.
Buying Ethereum on Luno
1.
Create your account
Sign up with your email and verify your identity, a standard check for every regulated exchange.
2.
Add
ringgit
to your wallet
Deposit by bank transfer, or use a card if you'd rather not wait.
3.
Select Buy, then
Ethereum
Open the Buy screen and choose Ethereum from Luno's list of supported crypto assets.
4.
Enter an amount
Type in a ringgit amount or an ETH amount, whichever's easier, the app converts it either way.
5.
Choose how to pay
Use the ringgit balance in your wallet, or pay directly with a linked card.
6.
Review, then confirm
Check the live rate and the exact transaction cost, once-off or as a repeat buy, then swipe to buy.
Why invest with Luno?
Proof of reserves
Verified monthly by Moore, on a 1:1 basis.
Since 2013
More than a decade building in crypto.
Trusted by millions
Millions of customers, globally.
Institutional-grade security
Cold storage via BitGo and Fireblocks, ISO 27001-certified.
SC registered
Registered by Malaysia's Securities Commission (SC) as a Recognized Market Operator since 2019. The Malaysian SC's authorisation of Luno is not an endorsement of its products or services.
Bitcoin is Shariah-compliant
Independently verified to align with Islamic finance principles, and certified by recognised Shariah authorities.
Explore more ways to buy crypto
Learn how to buy Bitcoin
The same step-by-step buying guide, plus the live BTC to ringgit rate.
Learn how to buy XRP
The same step-by-step buying guide, plus the live XRP to ringgit rate.
How to Buy Ethereum in Malaysia: FAQs
Is it legal to buy Ethereum in Malaysia?
Yes. Malaysia's Securities Commission (SC) regulates digital asset exchanges under its Recognized Market Operator framework, and buying, holding, and selling Ethereum is legal for Malaysian residents. It isn't recognised as legal tender.
Is my Ethereum safe with Luno?
Yes. All crypto held with Luno is verified monthly on a 1:1 basis by independent auditors, and stored in cold storage via BitGo and Fireblocks, both ISO 27001-certified.
Do I need to buy a whole Ethereum?
No. You can buy or convert any amount of Ethereum, down to a small fraction, so you can start with whatever amount suits you.
How much is 1 Ethereum in rand?
The Ethereum price in ringgit changes all the time, because it trades 24 hours a day and moves with global supply and demand. To see what one Ethereum is worth right now, check the live Ethereum to ringgit rate, or use the calculator above to work out any amount, in either ringgit or ETH.
Can I buy Ethereum with a debit or credit card?
Yes. You can buy Ethereum instantly with a debit or credit card. Exact fees depend on your payment method and are always shown before you confirm.
How do I deposit ringgit to buy Ethereum?
Deposit Ringgit by bank transfer from your Malaysian bank account, or buy directly with a card. Fees depend on your payment method and order type.
What fees does Luno charge to buy Ethereum?
Fees depend on your payment method and order type. Check the current fee schedule on Luno before placing an order.
How long does it take to buy Ethereum on Luno?
Buying Ethereum with a ringgit balance already in your wallet happens instantly at the live rate. Depositing first follows your bank's normal transfer time.
Can I sell my Ethereum back for ringgit?
Yes. You can sell Ethereum for ringgit at the live rate any time, then withdraw to your bank account whenever you're ready.
Do I pay tax on Ethereum profits in Malaysia?
Malaysia doesn't have a general capital gains tax, so profit from long-term Ethereum holding is generally not taxed. Frequent trading may be treated as business income by LHDN (Inland Revenue Board of Malaysia) instead. This isn't tax advice, so speak to LHDN or a registered tax practitioner about your specific situation.
Is Ethereum Shariah-compliant on Luno?
Yes. Ethereum is independently verified to align with Islamic finance principles and certified by recognised Shariah authorities, one of the Shariah-compliant crypto assets available on Luno in Malaysia. This isn't a religious ruling, so speak to a qualified Islamic finance scholar if you'd like guidance for your specific situation.