Looking to sell USDT for cash in Kuala Lumpur? Whether you are a tourist or a local, converting Tether to fiat currency in Malaysia requires knowing the right spots. This 2025 guide covers the best Luno (Online) and safety tips.
Is it Legal to Sell USDT in Kuala Lumpur?
Generally, P2P trading is a grey area, while licensed ATMs are fully legal. Cash deals restricted, stick to apps. Always check local regulations in Malaysia before transacting large amounts.
Best Method: Luno (Online)
In Kuala Lumpur, the most popular way to cash out is via Luno (Online).
- Convenience: High.
- Privacy: Low (KYC required).
- Risk Level: Low.
Safety Tips for Kuala Lumpur Traders
- Meet in Public: If doing P2P, choose a mall or coffee shop.
- Count Cash First: Never release USDT before verifying the cash.
- Check Bills: Be aware of counterfeit notes.
Alternative: Online P2P
If you can’t find a physical location, use Binance P2P filtering for “Kuala Lumpur” or “Malaysia” to find local bank transfer options.
