Betting with Cryptocurrency in Malaysia
Betting with cryptocurrency from Malaysia is very easy in 2025, since most online betting sites have started to accept all types of cryptocurrencies as payment. Some betting sites even let you log in to them with your crypto wallets, meaning registering your KYC is not necessary on many betting sites, which some people from Malaysia find very convenient.
Most online betting sites in Malaysia that accept cryptocurrency often sell cryptocurrency directly through their deposit page, using a 3rd party payment system. Transferring cryptocurrency directly from a cold wallet, crypto wallet, or from exchanges remains the preferred choice for most customers.
Top 10 Best Crypto Betting Sites in Malaysia
Cryptocurrency Betting in Malaysia
Betting with cryptocurrency in Malaysia is increasing rapidly in popularity, and there are multiple reasons behind its growing popularity, especially in Malaysia. The main reason is the popularity boom in cryptocurrency itself, and so many people already hold cryptocurrencies in different types of crypto wallets that are easily accessible on the internet. These cryptocurrencies can be used for betting on betting sites in just a few steps.
Sending cryptocurrency from a private crypto wallet or an exchange is done faster than most deposit methods on betting sites in Malaysia, and withdrawing crypto from betting sites to private wallets is just as fast. A lot of betting sites in Malaysia require very little KYC when using cryptocurrency as a banking method, which many people appreciate.
At the beginning of cryptobetting, only Bitcoin was available for betting, and later came Ethereum and stablecoins. But now, in 2025, the number of alternative cryptocurrencies and stablecoins available on betting sites for crypto betting is astonishing.
Cryptocurrency is Legal in Malaysia
Cryptocurrency is, in fact, legal and regulated in Malaysia. Since most digital assets are deemed securities in Malaysia, they fall under Malaysia's securities laws. There are multiple exchanges in Malaysia where it's possible to buy and sell cryptocurrency legally.
There are also different types of crypto wallets that people from Malaysia can use, and it's also possible to store it directly on exchanges. Sending crypto from a personal wallet or an exchange to a betting site is a fast and easy process.
Cryptocurrency is Perfect for Online Betting in Malaysia
Since crypto is legal in Malaysia, all Malaysians can buy and store cryptocurrency legally in different wallets and exchanges. These cryptocurrencies can potentially be used for online betting on sites with very little to no KYC registration. Transferring funds from a wallet or an exchange goes very quickly, and very little information is required for the transaction.
Many Malaysian customers seem to prefer online betting sites that require as little KYC as possible and appreciate the anonymity crypto brings to online betting. Almost all betting sites in Malaysia now accept some cryptocurrencies as payment, but not all are as good for crypto betting as others. See further down which betting sites in Malaysia are the best ones for betting with cryptocurrency.
Best Betting Site in Malaysia for Crypto Betting in September 2025
There are multiple good betting sites in Malaysia for crypto betting in September 2025, and the ones that truly stand out are Stake, BK8, and 1xBet. But the best betting site in Malaysia for crypto betting overall this month is, without a doubt, Sportsbet.io. This betting site provides Malaysian customers with everything they need for a top experience with crypto betting.
Sportsbet.io
Sportsbet.io is the best betting site in Malaysia for crypto betting in September 2025. Everything needed for the best crypto betting experience is present on Sportsbet.io; both the sports section and the slot section are flawless. The design and layout of the betting site are tidy-looking, which makes the navigation easy on the web and app.
It's possible to register an account with a username and a password, as with all other betting sites, but Sportsbet.io also has the additional option to register using an existing Gmail, X(formerly Twitter), Telegram, or Line account. The VIP program for existing customers and the number of promotions in general on Sportsbet.io are unmatched when it comes to betting with cryptocurrency.
Sportsbet.io Pros & Cons
- Best game developers present
- Great selection of games and competitive odds
- Wide range of crypto bonuses and promotions
- Multiple free contests every week
- Only cryptocurrency is accepted
Sportsbet.io only accepts cryptocurrency, but it's still possible to buy cryptocurrency directly on the cashier page with other types of payments, through Moonpay, such as VISA, MasterCard, E-Wallets, and more methods are available for purchasing crypto directly. Getting started with crypto betting on Sportsbet.io is easier compared to other betting sites in Malaysia when it comes to crypto betting.
Fast Deposits and Withdrawals with Cryptocurrency on Betting Sites from Malaysia
Deposits and withdrawals done with cryptocurrency on betting sites are fast, and it's possible to use both cold and hot crypto wallets when using crypto as a banking method on betting sites. Many betting sites in Malaysia offer customers the chance to buy cryptocurrency directly at the betting page through 3rd party vendors such as MoonPay.
Claim Cryptobonus on Sportsbet.ioSportsbet.io is, as mentioned earlier, the betting site in Malaysia that accepts the most cryptocurrencies alongside Stake and 1xBet. Sportsbet.io also offers the option to connect a crypto wallet directly to the betting site. All the most popular crypto wallets in Malaysia are eligible to be connected to Sportsbet.io, which makes betting with cryptocurrency even easier.
Most Popular Hot Wallets Used for Crypto Betting in Malaysia
Hot wallets are crypto wallets that are connected to the internet. These wallets are kept online, and people usually use these wallets for everyday transactions, since they are more exposed to hacking and scams, compared to cold wallets.
There are mainly two different types of hot wallets that are being used, and those are self-custodial hot wallets (private hot wallet) and custodial hot wallets (hot wallet on exchange).
Most Used Self-Custodial Hot Wallets in Malaysia for Crypto Betting
A self-custodial hot wallet in Malaysia is perfect for crypto betting. With these hot wallets, you control your own private keys, but they will require careful handling of your recovery phrase. Also, keep in mind that phishing sites do exist, and device security should be prioritized if keeping crypto on a self-custodial hot wallet.
The most popular self-custodial hot wallets in Malaysia are:
Self-custodial hot wallets are not recommended if you are new to cryptocurrency, and if your crypto knowledge is limited, you will be much safer and better off with a regular custodial hot wallet.
Most Used Custodial Hot Wallets (Exchange Accounts) in Malaysia for Crypto Betting
With Custodial hot wallets, you don't control your own keys, as the crypto is being stored on the exchange, and the exchange then controls your private keys. This is a way easier choice for a beginner in crypto, but be aware that you rely on the security of the exchange.
The most popular custodial hot wallets (exchanges) in Malaysia are:
As long as you use a trustworthy exchange, your cryptocurrency is safe. But hot wallets should only be used for a short period. If you are planning on buying cryptocurrency just to hold onto it without touching it for a long time, also called HODL, then cold wallets are a safer option. But for crypto betting on online betting sites, custodial hot wallets are perfect for both new beginners as well as for advanced users.
Most Popular Cold Wallets Used for Crypto Betting in Malaysia
Cold wallets are wallets that store your private keys offline, making them extremely secure and perfect for long-term storage. With a cold wallet, you fully control your private keys, and they are fully secured.
When using a cold wallet, you must secure physical storage of your password phrase (or memorize it, which is not recommended for various reasons). It also requires a device, but your crypto will not be locked to the device itself, but to the phrase, so if you should lose or break the device, you can get another.
Creating a cold wallet just for online betting with cryptocurrency is unnecessary and is more for long-term cryptocurrency holders. Depositing to a betting site from a cold wallet is no problem, and deposits on betting sites are accepted from all types of cold wallets.
Self-Custodial Cold Wallets
There are many different cold wallets for cryptocurrency available in Malaysia, and it's possible to send crypto directly from all of the cold wallets to online betting sites in Malaysia, but there are simpler ways to send crypto to a betting site if you don't already own a cold wallet.
The most popular self-custodial cold wallets in Malaysia are:
All the cold wallets mentioned above are safe and secure cold wallets, and it's also possible to send crypto from all of them directly to betting sites in Malaysia for crypto betting.
Claim Bonuses from Malaysia when Depositing with Cryptocurrency
It's possible to claim welcome bonuses and several other types of bonuses when using cryptocurrency as a deposit method on betting sites in Malaysia. BK8 Malaysia and Sportsbet.io have multiple bonuses available for crypto betting.
Sportsbet.io is the best betting site for crypto betting bonuses and promotions
Most online betting sites in Malaysia have all their bonuses and promotions eligible for crypto deposits, but there are some bonuses where depositing with cryptocurrency is excluded from the bonus. Always read the terms and conditions for the bonus or promotion you want to activate. Confirming it accepts cryptocurrency as a deposit method for that given bonus or promotion.
How To Use Cryptocurrency as a Payment Method on Betting Sites
Using cryptocurrency as a payment method on betting sites in Malaysia is an easy process, and certain mistakes are important to be aware of, so you can avoid them when depositing using crypto for the first time. See below what the most classic mistakes people make when depositing with crypto on betting sites for the first time.
NB! Be sure to always check the following before completing a crypto deposit on a betting site
- Make sure you have selected the right cryptocurrency for the transaction
- Always double-check the wallet address to see if it matches one extra time
- Make sure the right network for the currency is selected
- If it requires a MEMO or something else (such as XRP transfers, etc.)
- Don't use old addresses from betting sites if used earlier
It's important that everything matches exactly, and the right addresses & network are used when depositing with cryptocurrency on betting sites from Malaysia.
Full step-by-step guide on how to Use Cryptocurrency as a payment method on betting sites from Malaysia
List of Best Betting Sites in Malaysia for Betting with Cryptocurrency
As mentioned, there are multiple good betting sites in Malaysia for betting with cryptocurrency, but if we were to highlight five betting sites that truly stand out in crypto betting from Malaysia, then it would be: Sportsbet.io, 1xBet, 22Bet, BK8, and Stake.
List of the five best betting sites in Malaysia for crypto betting
- 1 Sportsbet.io Betting Bonus 100% up to ₮300Claim Bonus
- 2
1xBet Betting Bonus 100% up to MYR 630Claim Bonus - 3
22Bet Betting Bonus 100% up to MYR 620Claim Bonus - 4
BK8 Betting Bonus 100% up to MYR 300Claim Bonus - 5
Stake Betting Bonus No betting bonus availableClaim Bonus
All these betting sites listed above are good options when choosing a betting site to start betting with cryptocurrency from Malaysia. They all accept multiple cryptocurrencies and warmly welcome customers from Malaysia with various kinds of special crypto bonuses, and some even offer no-deposit bonuses in Malaysia.
FAQ about Betting with Cryptocurrency from Malaysia
What betting sites in Malaysia accept cryptocurrency as payment?
Most online betting sites in Malaysia now accept cryptocurrency as a banking method. The five best betting sites for crypto betting in Malaysia are: Sportsbet.io, Stake, 1xBet, BK8, and 22Bet.
- 1 Sportsbet.io Betting Bonus 100% up to ₮300Claim Bonus
- 2 1xBet Betting Bonus 100% up to MYR 630Claim Bonus
- 3 22Bet Betting Bonus 100% up to MYR 620Claim Bonus
- 4 BK8 Betting Bonus 100% up to MYR 300Claim Bonus
- 5 Stake Betting Bonus No betting bonus availableClaim Bonus
These are great betting sites in Malaysia to start with crypto betting.
Is it safe to bet with cryptocurrency from Malaysia?
Yes, it is safe to bet with cryptocurrency from Malaysia.
Start Betting with Crypto on Sportsbet.ioDo betting sites in Malaysia have crypto bonuses and promotions?
Yes, many online betting sites in Malaysia offer crypto bonuses and promotions. Very few bonuses are excluded from cryptocurrency, but some are. We recommend always checking the terms and conditions of the bonus.
What is the best crypto betting site in Malaysia?
The best crypto betting site in Malaysia is, without a doubt, Sportsbet.io. This betting site offers everything customers from Malaysia want, and is excellent for crypto betting.
