too bad Luno dont have USDT wallet.

Hi guys, anybody know whether can we use singapore bank account to deposit to Luno malaysia?

Quick check for self-answer:-

1. You deposited SGD1000 into your Maybank SGD account in Singapore
2. You asked Maybank Malaysia: Hey, I deposited SGD1000 into your Maybank Singapore account on my own name which is same as my Malaysia's Maybank account. Can you credit the equivalent amount in MYR into my MYR bank account?
3. Maybank Malaysia: XXXXX

Guys, Pray hard for malaysia to legalize the crytocurrency

avoid LUNO at all cost. the price not moving with the international rate and their buy and sell got huge price difference. a total rip off platform

Recently, Malaysia’s Minister of Finance and the Securities Commission (SC) announced that cryptocurrencies will be regulated by the SC. The SC intends to have the new regulations in place within the next couple of months and in the meantime, has put in place certain interim requirements, which we explain further below.

Luno welcomes regulation. We are confident it will help build greater trust in the industry, and for businesses like ours. Importantly, it will also ensure that all cryptocurrency businesses have in place adequate standards for the protection of customers and their funds.

Until the new regulations are in place, the SC’s interim requirements prevent us from accepting new customers. However, nothing will change for existing customers. You can continue to buy, sell, send, receive, and store Bitcoin and Ethereum, and withdraw your Malaysian ringgit.

Luno is excited about the opportunity to apply for a license once the new regulations are in place. Doing so will get us another step closer to again accepting your Malaysian ringgit deposits, and enabling more and more people to buy, store and learn about cryptocurrencies.

We will continue to provide you with updates on the new regulation as and when further information becomes available.

An open letter to our Malaysian customers

hey guys, noticed that Luno's btc rate is so much lower than others, almost half. I still have MYR sitting in my luno account from long ago. can i just buy BTC with it and then sell on another platform?

Many local platforms have halted the service for all transactions.

Better you check first before you can buy.

Can be done through Remitano or LocalBitcoins, no?

LUNO fixed? can confirm mr.luno?

photo as of today.

Did you manage to do this in the end?

1 BTC on Luno is only RM6k. Does anyone try to deposit MYR into Luno and buy BTC then send BTC to another exchange?

You try first and let us know.

The deposit is suspended if you didn’t know. Else I would be buying it like crazy and just my btc out. Currently whoever have their MYR funds in Luno better just buy the hell out of btc

LUNO is dead.

Luno Money Ltd paid up capital: US$100. so called "funding" is reported as loan.

https://beta.companieshouse.gov.uk/company/...=pdf&download=0

So which means we only left remitano for local exchange ?

Hi All,
So currently Luno is consider dead and the only waller that can use for local bank deposit/withdraw is remitano? how about Xapo?

Localbitcoins

Xapo - u need to find someone to help you deposit

Thanks. Which is more easier to use for deposit n withdraw? remitano or localbitcoin?