I did this as you but I have cashed out all funds from there when I saw the BTC in luno was in same level as international price and liquidated back to RM.

LoL... You Please be patient and wait.

I would advise you to spend RM65 to buy some info from SSM.

Again, you are not even know how the tactic works.

You are now stuck your money in Luno while I have liquidated the money from Luno into RM and I can redo the process.

1 Buy from R, Sell to L, get RM but get stucked.

During Jan, BTC water fall.

2. Buy BTC from L, sell to R, get back RM

It shows you do not understand. You missed the opportunity to cash out the RM when BTC was about RM26,000 ini Luno (USD6200+) - the gap of arb has lost and I believe everyone has bought back the BTC and cashout everywhere to obtain the RM at equivalent value of the BTC = MYR to arhieve their main object to sell in Luno.

Once they got their MYR, they can repeat the same process....

I will stop here to talk further as you do not think you understand. Bye for now.

My god....You use the MYR in Luno and buy from Luno and cash out from Luno to other platform... doesn't sound is doubled now or get RM and rebuy when its hit the breakout line?

From your thread asking the tax profit, it shows you are not from financial background and this simple maths to buy and sell and rebuy and resell thing you also can't understand.

人蠢沒藥醫
he bought from Remitano and sell in Luno but cant cash out RM is useless.

So the solution is how to buy back the BTC in equivalent RM and get back the same RM to bank your profit from Remitano to Luno.

either you guys dont even have a luno account, or you possess a double digit IQ. your money is not stuck at luno. if you want to transfer your funds out simply buy bitcoin or eth and send it to your localbitcoins or remitano address.

because i am sick of idiots who break down in the middle of the road and cause a traffic jam

Let me tell you. Malaysia is the largest market among all countries they are in.

Indonesia, Nigeria etc... Their daily volumes are less than 20 BT c

Someone said WD this Monday

ok with this timeline, i believe they will be processing those who have pending withdrawal as priority.

for those who wants to get in line, better request the withdrawal now.

they might delay or hold withdrawal for those traders who sell and withdraw the same day they open it up
to handle arbitrage traders.

In the span of 1 - 2hours the price in luno dropped and then out of nowhere the spread became 3k and the price shot up again. Tell me that's not price fixing...

I just read about the notice and it mentioned only withdrawal. What about deposit? Is it available yet?

The users that posted Luno is a scam are FUDers, they want you to panic so you will buy their bitcoin's in a premium price. This is a classic market manipulation attempt.

1. To call Luno inefficient , slow is acceptable but a scam, both our central bank and LHDN has a very close eye with the largest centralized bitcoin exchanger in Malaysia, if Luno was a scam don't you think it would be in the news by now?

2. Luno has a decent trading volume in other countries, Why would they close the entire operation just for scamming our country?
https://www.luno.com/en/price/

3. Their bitcoin wallet still works.

4. They actually sent a representative to lowyat which is a forum full of trolls. This was really not neccesarry.

5. Comparing to what happened to MT.Gox, and other japanese exchangers that were hacked, Luno has done better job in securing our bitcoins.
https://blockonomi.com/mt-gox-hack/
https://www.reuters.com/article/us-japan-cr...n-idUSKBN1FH03D

6. Our central bank was first unsure on what to do with cryptocurrencies
https://www.thestar.com.my/business/busines...cy-under-watch/
Thanks to Luno for working with BNM to formulate the policy document for digital currencies for malaysia. This is a huge plus point for the growth of cryptocurrencies in Malaysia.
http://www.bnm.gov.my/index.php?ch=en_pres...n_press&ac=4628

Just relax and be patient, it's just a matter of time until this issue is resolved.

Nice. Too bad there are still no deposit functions yet.

So for the people pending since december, how much is ur amount? Since they give priority to large amount first.

Dont tell me its 3 digit lol.

processing or credited in your account? I'm still waiting... status : processing since yesterday.

weird if you received on public holiday. this is not fair, haha.