Possible liquidity shortage.

Mr luno can come out address this ??

How did you know Ross has left and working with Binance?

Binance needs insiders to introduce to secure the position. I applied several times without news although I have good experiences in financial markets.

Luno is having a glitch, the MYR price is lower than USD price. Btc now around 144k but luno only 135k.

Yeah, you are correct.
Now XRP is up. Looks like there's aggressive selling going on.

sent from binance to ownself in luno and got asked to provide info for the transaction on luno's end
whats up with that?
was thinking about exiting the market using luno but now it seems like it'll get flagged and banned for something that is essentially my own money?
btw what is the best way to cash out BTC and USDT? just swap it with a cheap fee crypto like LTC and then cash out from there?

Not good. Luno track transactions.

What maximum amount on Luno will not be flagged?

What I meant is exchange asking to provide info for transaction. Binance didn't ask to provide info for transaction is good.

The latest updated Luno app has PIN/Fingerprint verification before login. Dislike this feature

I've been trading on Luno forever. Usually the spreads arent that large with the broader market. If anything,  Luno is often slightly above the market price (USD Price of BTC converted to MYR). 

Last night, CNY Eve, bitcoin exploded and I was shocked there was a RM5k differential. I quickly bought up thinking it would close quickly. It usually does. But no, woke up early and the differential had grown to RM7k. Now one could argue that is is coincidental, that such a large gap opened up same time as CNY Eve. The alternate explanation is, the pool of BTC buyers is so small on Luno in MY, that as price rose, people bought along the way. And the funds amongst that pool has been exhausted. Could be. It could be a bunch of whales trading against whales with some retail.

Anyways, I've offloaded and converted to USDT...too dangerous to keep BTC as BTC on Luno.  When there's price action, the market cant keep up!

Anyway if anyone wants a ref code, PM me. Im a level 3 on Luno.

this is weird considering that arbitrage is nowadays automated territory (bcos it's free money/risk free trades)

unless they are human chinese traders 

so how will the 2% dividend tax affect luno users?

That's a good simple explanation that I understand thank you. God bless you.
Bro. Besides Luno is there other exchanges I can transfer my coins to & cash out into my bank account. Thank you.

Seems like Luno is updating the price with real time now

At least i can keep track with about same value as per MooMoo chart (currency & crypto)

Like slight delay compare to big gap amount

It should be based on buyer seller price. Correct. To say luno needs to rebalanced the price isn't quite right. That's not Luno's business model.

Can only say the market is pretty dead in luno to have such huge price discrepancy as compared to other exchange price

Bro. You MooMoo user, is it better than Luno, any comments from you ?

just want to add on that crypto trading is open for Moomoo SG, but you must be a PR/citizen (singpass) to trade https://www.moomoo.com/sg/invest/crypto-trading

You are correct. This is normal for most if not all exchanges.
The answer is obvious. Something else to ponder, what happens if the exchange suddenly disappears/bankrupt/MIA/etc.?

No wonder last year news got guy lost 700k from his Luno app. And sue Luno but lost.