Cryptocurrency Accountant Average Salary in Malaysia 2024
How much money does a person working as Cryptocurrency Accountant make in Malaysia?
LOW
2,210
MYR AVERAGE
4,430
MYR HIGH
6,860
MYR
A person working as Cryptocurrency Accountant in Malaysia typically earns around 4,430 MYR. Salaries range from 2,210 MYR (lowest) to 6,860 MYR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Cryptocurrency Accountant salaries in Malaysia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Cryptocurrency Accountant Pay Scale and Salaries in Malaysia
Salary Structure and Pay Scale Comparison
4,070 MYR or more
3,610 to 4,070 MYR
2,590 MYR or less
2,590 to 3,610 MYR
 2,210 MYR |
4,100 MYR |
6,860 MYR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Cryptocurrency Accountant in Malaysia range from 2,210 MYR (starting salary) to 6,860 MYR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 4,100 MYR, half of the professionals who work as Cryptocurrency Accountant in Malaysia earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Cryptocurrency Accountant in Malaysia earn less than 3,370 MYR, while 75% earn more. Similarly, the chart shows that 75% earn less than 4,670 MYR while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Cryptocurrency Accountant in Malaysia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,590 MYR to 3,610 MYR. About 20% of salaries are below the 2,590 MYR mark, while 10% fall within the range of 3,610 MYR to 4,070 MYR. Only 5% of individuals have salaries exceeding 4,070 MYR.
Salary Comparison by Years of Experience / Cryptocurrency Accountant / Malaysia
How do experience and age affect pay?
| 0 - 2 Years | 2,660 MYR | |
| 2 - 5 Years | +32% | 3,520 MYR |
| 5 - 10 Years | +34% | 4,700 MYR |
| 10 - 15 Years | +19% | 5,610 MYR |
| 15 - 20 Years | +8% | 6,050 MYR |
| 20+ Years | +7% | 6,490 MYR |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Cryptocurrency Accountant and this is what we found.
Employees with less than two years of experience earn approximately 2,660 MYR.
While someone with an experience level between two and five years is expected to earn 3,520 MYR, 32% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 4,700 MYR, 34% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 5,610 MYR, 19% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 6,050 MYR, 8% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 6,490 MYR, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Cryptocurrency Accountant / Malaysia
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Cryptocurrency Accountant.
| High School | 3,330 MYR | |
| Certificate or Diploma | +14% | 3,790 MYR |
| Bachelor's Degree | +36% | 5,140 MYR |
| Master's Degree | +26% | 6,490 MYR |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Cryptocurrency Accountant in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 3,330 MYR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 3,790 MYR, 14% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 5,140 MYR, 36% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 6,490 MYR, 26% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Malaysia costs anywhere from 33,100 MYR to 99,200 MYR and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Cryptocurrency Accountant / Malaysia
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Cryptocurrency Accountant in Malaysia, the average difference between the salary of male and female employees is 5%.
| Male | 4,540 MYR | |
| Female | -5% | 4,300 MYR |
Salary Comparison By Gender in Malaysia for all Careers
Average Annual Salary Increment Percentage / Cryptocurrency Accountant / Malaysia
How much are annual salary increments in Malaysia for individuals working as Cryptocurrency Accountant? How often do employees get salary raises?
Individuals working as Cryptocurrency Accountant in Malaysia are likely to observe a salary increase of approximately 12% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
Malaysia / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Cryptocurrency Accountant / Malaysia
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/malaysia/banking/cryptocurrency-accountant/annual-salary-bonus-rate-malaysia-cryptocurrency-accountant.jpg
71% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 29% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 0% to 3% of their annual salary.
| Received Bonus | 29% | |
| No Bonus | 71% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Cryptocurrency Accountant / Malaysia
26 MYR per hourThe average hourly wage (pay per hour) for individuals working as Cryptocurrency Accountant in Malaysia is 26 MYR.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Cryptocurrency Accountant in Malaysia is 13 MYR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Banking |  -100% | |
| AML Analyst | 10,100 MYR |  +130% |
| Assistant Bank Branch Manager | 8,710 MYR | +97% |
| Assistant Bank Manager | 11,700 MYR | +160% |
| ATM Manager | 10,200 MYR | +130% |
| ATM Service Technician | 2,620 MYR | -41% |
| Bank Accounts Analyst | 3,860 MYR | -13% |
| Bank Accounts Collector | 2,400 MYR | -46% |
| Bank Accounts Controller | 5,100 MYR | +15% |
| Bank Accounts Executive | 7,050 MYR | +59% |
| Bank Accounts Manager | 8,430 MYR | +90% |
| Bank Auditing Manager | 8,700 MYR | +97% |
| Bank Branch Manager | 11,500 MYR | +160% |
| Bank Branch Operations Coordinator | 5,040 MYR | +14% |
| Bank Clerk | 2,230 MYR | -50% |
| Bank Client Service Associate | 3,320 MYR | -25% |
| Bank Collector | 2,500 MYR | -44% |
| Bank Compliance Specialist | 6,300 MYR | +42% |
| Bank Manager | 14,300 MYR | +220% |
| Bank Operational Risk Manager | 13,600 MYR | +210% |
| Bank Operations Head | 13,700 MYR | +210% |
| Bank Operations Officer | 5,540 MYR | +25% |
| Bank Operations Specialist | 8,310 MYR | +88% |
| Bank Process Manager | 7,900 MYR | +78% |
| Bank Product Manager | 9,010 MYR | +100% |
| Bank Programme Manager | 9,500 MYR | +110% |
| Bank Project Manager | 11,300 MYR | +160% |
| Bank Propositions Manager | 10,000 MYR | +130% |
| Bank Quantitative Analyst | 7,230 MYR | +63% |
| Bank Regional Manager | 14,200 MYR | +220% |
| Bank Regional Risk Officer | 7,620 MYR | +72% |
| Bank Relationship Manager | 10,700 MYR | +140% |
| Bank Relationship Officer | 4,610 MYR | +4% |
| Bank Sustainability Analyst | 8,230 MYR | +86% |
| Bank Teller | 2,530 MYR | -43% |
| Banker | 5,000 MYR | +13% |
| Banking Business Analyst | 7,440 MYR | +68% |
| Banking Business Development Officer | 4,510 MYR | +2% |
| Banking Business Planning Executive | 9,980 MYR | +130% |
| Banking Data Analyst | 8,700 MYR | +97% |
| Banking Product Manager | 8,920 MYR | +100% |
| Banking Reference Data Manager | 8,320 MYR | +88% |
| Banking Regulatory Compliance Officer | 8,320 MYR | +88% |
| Banking Risk Analyst | 6,960 MYR | +57% |
| Banking Technical Analyst | 3,940 MYR | -11% |
| Bankruptcy Coordinator | 5,100 MYR | +15% |
| Bill and Account Collector | 2,470 MYR | -44% |
| Blockchain Analyst | 6,520 MYR | +47% |
| Blockchain Architect | 7,060 MYR | +59% |
| Blockchain Auditor | 6,450 MYR | +46% |
| Blockchain Compliance Analyst | 6,860 MYR | +55% |
| Blockchain Consultant | 6,700 MYR | +51% |
| Blockchain Trade Facilitator | 6,110 MYR | +38% |
| Budget Analyst | 7,400 MYR | +67% |
| Capital Risk Manager | 13,900 MYR | +210% |
| Cards Marketing Manager | 9,110 MYR | +110% |
| Cash Management Manager | 13,000 MYR | +190% |
| Check Processing Manager | 9,880 MYR | +120% |
| Chief Blockchain Officer | 8,230 MYR | +86% |
| Commercial Vault Associate | 7,020 MYR | +59% |
| Corporate Banker | 5,350 MYR | +21% |
| Corporate Dealer | 7,900 MYR | +78% |
| Credit Analyst | 5,870 MYR | +33% |
| Credit and Collections Manager | 9,500 MYR | +110% |
| Credit Card Fraud Investigator | 7,510 MYR | +70% |
| Credit Portfolio Manager | 13,300 MYR | +200% |
| Credit Risk Analyst | 8,120 MYR | +83% |
| Credit Risk Associate | 8,070 MYR | +82% |
| Cryptocurrency Accountant | 4,430 MYR | +0% |
| Cryptocurrency Adviser | 8,870 MYR | +100% |
| Cryptocurrency Analyst | 6,850 MYR | +55% |
| Cryptocurrency Compliance Manager | 8,760 MYR | +98% |
| Cryptocurrency Trader | 7,310 MYR | +65% |
| Digital Banking Manager | 9,980 MYR | +130% |
| Digital Currency Analyst | 6,940 MYR | +57% |
| Direct Bank Sales Representative | 5,300 MYR | +20% |
| Exchange Control Consultant | 7,830 MYR | +77% |
| Executive Account Analyst | 7,490 MYR | +69% |
| Financial Bank Planning Consultant | 9,680 MYR | +120% |
| Financial Banking Analysis Manager | 10,600 MYR | +140% |
| Financial Banking Assistant | 3,540 MYR | -20% |
| Financial Banking Systems Manager | 10,400 MYR | +130% |
| Foreign Exchange Manager | 10,400 MYR | +130% |
| Fraud Analyst | 7,800 MYR | +76% |
| Fraud Detection Associate | 5,300 MYR | +20% |
| Fraud Detection Manager | 11,500 MYR | +160% |
| Fraud Detection Supervisor | 6,590 MYR | +49% |
| Internal Bank Audit Manager | 13,200 MYR | +200% |
| Internal Bank Auditor | 7,240 MYR | +64% |
| Internal Private Banker | 5,090 MYR | +15% |
| International Banking Manager | 14,300 MYR | +220% |
| Investment Banking Analyst | 10,800 MYR | +140% |
| Loan Analyst | 7,180 MYR | +62% |
| Loan Area Manager | 8,540 MYR | +93% |
| Loan Audit Team Leader | 8,000 MYR | +81% |
| Loan Branch Manager | 8,170 MYR | +85% |
| Loan Business Development Officer | 4,540 MYR | +3% |
| Loan Clerk | 2,470 MYR | -44% |
| Loan Collection and Recovery Manager | 8,890 MYR | +100% |
| Loan Collection Manager | 8,620 MYR | +95% |
| Loan Collector | 2,500 MYR | -44% |
| Loan Examiner | 3,100 MYR | -30% |
| Loan Officer | 2,830 MYR | -36% |
| Loan Processing Manager | 7,900 MYR | +78% |
| Loan Processor | 3,400 MYR | -23% |
| Loan Quality Assurance Auditor | 7,120 MYR | +61% |
| Loan Quality Assurance Manager | 8,170 MYR | +85% |
| Loan Quality Assurance Representative | 5,610 MYR | +27% |
| Loan Review Manager | 7,890 MYR | +78% |
| Loan Team Leader | 7,270 MYR | +64% |
| Loans Manager | 9,700 MYR | +120% |
| Mortgage Advisor | 5,150 MYR | +16% |
| Mortgage Collection Manager | 8,940 MYR | +100% |
| Mortgage Collector | 2,330 MYR | -47% |
| Mortgage Credit Analyst | 3,900 MYR | -12% |
| Mortgage Credit Manager | 8,450 MYR | +91% |
| Mortgage Development Manager | 9,020 MYR | +100% |
| Mortgage Document Reviewer | 3,170 MYR | -28% |
| Mortgage Funding Manager | 9,690 MYR | +120% |
| Mortgage Operations Manager | 12,300 MYR | +180% |
| Mortgage Payment Processing Clerk | 2,800 MYR | -37% |
| Mortgage Processing Manager | 7,980 MYR | +80% |
| Mortgage Processor | 3,230 MYR | -27% |
| Mortgage Quality Assurance Auditor | 7,470 MYR | +69% |
| Mortgage Quality Assurance Manager | 7,970 MYR | +80% |
| Mortgage Servicing Clerk | 2,580 MYR | -42% |
| Mortgage Servicing Manager | 8,420 MYR | +90% |
| Mortgage Underwriter | 3,070 MYR | -31% |
| Online Banking Manager | 12,500 MYR | +180% |
| Open Banking Strategist | 7,300 MYR | +65% |
| Payment Processing Clerk | 2,630 MYR | -41% |
| Personal Banker | 5,350 MYR | +21% |
| Personal Banking Advisor | 5,510 MYR | +24% |
| Phone Banker | 3,490 MYR | -21% |
| Private Banker | 5,510 MYR | +24% |
| Reconciliation and Investigation Specialist | 5,940 MYR | +34% |
| Tax Officer | 4,360 MYR | -2% |
| Teller | 2,580 MYR | -42% |
| Trade Officer | 3,000 MYR | -32% |
| Trade Product Manager | 8,860 MYR | +100% |
| Trader | 3,460 MYR | -22% |
| Treasury Operations Officer | 6,370 MYR | +44% |
| Wealth Management Advisor | 10,400 MYR | +130% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Malaysia is 9% on average across all career fields.
| Private Sector | 6,340 MYR | |
| Public Sector | +9% | 6,900 MYR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Cryptocurrency Accountant in Malaysia?
A good and competitive compensation would range anywhere between 4,100 MYR and 4,670 MYR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Cryptocurrency Accountant in Malaysia ranges from 2,210 MYR to 3,370 MYR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
