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Bitcoin and other Cryptocurrencies v2
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cybermaster98
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 May 29 2017, 09:47 AM
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Hi all, im new to Bitcoin and cryptocurrencies in general. But I have registered for Luno, XBitAsia and also Poloniex.
At current prices, Luno charges RM11,125 while XbitAsia charges RM10,200 to buy 1 BTC while XE rates are RM9,343. Seems the spread is very high.
My intention is to buy some BTC but mainly other cryptocurrencies e.g Ethereum, Ripple, etc.
What is the best and cheapest way to transfer funds from a Malaysian bank account and purchase BTC and Eth?
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cybermaster98
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May 29 2017, 11:21 AM
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If I have an account in Luno, can I purchase BTC from others and transfer to Luno? How do I do this?
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cybermaster98
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May 29 2017, 11:40 AM
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QUOTE(Davez89 @ May 29 2017, 11:33 AM) Yes.At luno there is a button to receive btc address. Use https://blockchain.info to check the transaction. U mean when I buy BTC from a user the transaction is tracked here? |
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cybermaster98
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May 29 2017, 04:32 PM
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QUOTE(Davez89 @ May 29 2017, 12:05 PM) As per what the person replied. And yes it's better to transfer to poloniex or whichever exchange to avoid misc fees from luno. That means I don't need a Luno account? |
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cybermaster98
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May 29 2017, 05:10 PM
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QUOTE(Davez89 @ May 29 2017, 04:48 PM) u only need luno acc when u want to buy bitcoin from luno.
if ure buying from localbitcoins,xbit asia(not recommended) and others, u dont need luno account. I basically want BTC to trade and buy ETH and other cryptocurrencies. What would you suggest? |
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cybermaster98
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Jun 6 2017, 08:15 AM
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QUOTE(jack2 @ May 30 2017, 10:44 AM) hahaa... actually I can supply unlimited ETH at less than the amount but minimum purchase must be 50 ETH and above, then only I can cover my margin. Can sell to me? |
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cybermaster98
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Jun 6 2017, 08:17 AM
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If I buy BTC and ETH from someone i might as well transfer direct to Poloniex right? No need for Luno right?
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cybermaster98
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Jun 6 2017, 10:16 AM
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Just send a Utility bill. My account is Level 3. Simple.
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cybermaster98
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Jun 7 2017, 10:38 AM
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QUOTE(roy_zu @ Jun 6 2017, 10:35 AM) How long it took for L3 verification? Mine still pending for more than 2 weeks. Mine took 4 days |
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