Easiest way to get started with Digital Assets in Asia.
Jerry - August 11, 2017
Bad service and takes forever to withdraw. Not to mention false advertising.
Jervis - August 11, 2017
Dont use coinhako their fees are terrible and their buy and sell spread can go up to $30. Save yourself some money and go to other exchanges. Do some homework and calculations before deciding which exchange is right for you.
Tan YP - August 9, 2017
Has not been able to deposit RM for a while. It takes such a long time for the exchange to resolve the issues.
Xen - August 7, 2017
Been a regular on the site since the start. I guess price is fair considering the 1-2% banks charge them for FX conversion. Malaysian Ringgit will incur USD/EUR> SGD > MYR conversion, so factor that in. The convenience is really great if you are going for the high upside. As a daily arbitrager, i also notice huge spreads during volatile periods - not just for coinhako
KC - August 1, 2017
High exchange rate loss. Considering the transaction fees, it is a double whammy. Very poorly suited brokerage to take advantage of short-term price movements. Not recommended.
Tally - July 10, 2017
Customer service is really bad, I've sent multiple emails for clarifications but didn't receive a response. Their rates are higher than others and have a high exchange rate loss, so trading in local currency has no advantage.
Tapo - June 14, 2017
Now the deposit facility from Malaysian bank accounts have been temporarily held up. This makes the service no good experience.
Yes the Service desk is good in response and acknowledges mails in a day usually.
However, for those who find it difficult to trade while BTC is soaring high prices, I can help you with an alternative approach that works for me so far. Please write to me at : firstname.lastname@example.org
Orma - February 17, 2017
Liquidity a real issue. Really difficult to buy at peak (out of stock??) and scares the hell out of me if I had to dump in a rush. My advice is if you need to use it, load up and then transfer your BTC to an exchange with greater liquidity such as Bitfinex etc ...
Michael S - February 3, 2017
I have been using CoinHako from Malaysian for a few months plus now.
Banking in funds into your account is easy coz they have a local Maybank account,
depending on the time you deposit the funds, it appears soon after 10 am and 4 pm daily
Buying and selling bitcoins is a breeze , usually completed in 10 seconds
Added second level security with 2FA, which is a must to have
Not sure which bit exchange their live quotes are based on but it seems to be always 5 to 10 USD higher than that of coinbase exchange
There are 3 prices quoted USD, SGD and MYR, somehow the MYR price sometimes doesnt jive with the USD prices.
They are reasonably responsive to queries via email. Usually within a day or two. Am generally happy with CoinHako so far. Havent tried to withdraw yet, will post a comment about my experiences when I do.
Olivia Ki - May 27, 2016
Among the fastest service in Singapore. Responsive chat service. Bank transfers are faster than competition. Transferring with xfers is faster and easier. Buy and sell is instant. Service is so much better than other exchanges, but can still be improved upon