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Luno Malaysia, Your experience, reviews, thoughts
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keane04
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Dec 21 2017, 10:40 AM
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QUOTE(jack2 @ Dec 21 2017, 08:49 AM) I believe his meant to be they keep on delaying the issue because they can't reach the settlement with Maybank or BNM. Luno should be banned because they are cheating customers. should be BNM, if only problem with mbb, their cimb account should be able to use. My withdrawal stucked since last week.
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shuffian
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Dec 21 2017, 10:40 AM
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New Member
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QUOTE(alikato94 @ Dec 20 2017, 10:32 PM) awwhh crap i click the withdrawal without reading about the news, i fucked up lol now it says gonna pay at least this friday. i cant transfer to other wallet already. other user also said still got no monehhh awwwhh damn i make a wrong move. Later IF Luno really got prob, rip my money lol. first nicehash, now this  same here dude, so frustrating since last week, i dunno when they going to fix it thank god i not invest a lot
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yushin
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Dec 21 2017, 11:10 AM
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All my coins already transferred out. I'll wait and see, not in a hurry.
But I do hope they can come back, maybe change the limit to below RM10k per customer?
I wonder existing money changers in Malaysia will consider taking up virtual currency exchange business?
This post has been edited by yushin: Dec 21 2017, 11:11 AM
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Kerplunk
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Dec 21 2017, 11:10 AM
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Enthusiast
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Realistically,how do u guys think this is going to end..i mean i don't see luno just closing off the malaysian market and heading for the hills. It's just that the amount of time their taking to resolve this is worrying and it translates to lost trades and opportunities..haizz
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jack2
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Dec 21 2017, 11:33 AM
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QUOTE(alikato94 @ Dec 21 2017, 10:06 AM) At the end they might just run away coz cant settle up this problem. I doubt they can settle this kind of stuff as govern didnt approve crypto currency in malaysia I thought BNM did not regulate it but they should follow AMLA rules. QUOTE(Kerplunk @ Dec 21 2017, 11:10 AM) Realistically,how do u guys think this is going to end..i mean i don't see luno just closing off the malaysian market and heading for the hills. It's just that the amount of time their taking to resolve this is worrying and it translates to lost trades and opportunities..haizz The main issue is, Luno has no support in Malaysia to communicate with their clients. All are mat salleh and their support responses are very slow and lack of knowledge.
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ragk
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Dec 21 2017, 11:37 AM
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I would suggest just transfer out all ur coin, or exchange ur cash to coin and transfer away at the moment, better dont risk it.
This post has been edited by ragk: Dec 21 2017, 11:37 AM
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jack2
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Dec 21 2017, 11:41 AM
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QUOTE(ragk @ Dec 21 2017, 11:37 AM) I would suggest just transfer out all ur coin, or exchange ur cash to coin and transfer away at the moment, better dont risk it. Ya. To be safer rather than to loss it.
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alikato94
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Dec 21 2017, 11:53 AM
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QUOTE(ragk @ Dec 21 2017, 11:37 AM) I would suggest just transfer out all ur coin, or exchange ur cash to coin and transfer away at the moment, better dont risk it. can share what wallet is good?
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ragk
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Dec 21 2017, 11:57 AM
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QUOTE(alikato94 @ Dec 21 2017, 11:53 AM) can share what wallet is good? Best 1 will always be hardware wallet lol. Online wallet i had researched some, even those that's quite common 1 had bad review
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SUSTianJian
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Dec 21 2017, 12:08 PM
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i dunno why u guys keep blame luno
luno fee% for receive bitcoin = 0.0002 or free if send by phone or email , selling is rm0.10 coinhako fee % for receive as miner = 0.001 , selling is 0.001
why need spend more on coin hako ?
This post has been edited by TianJian: Dec 21 2017, 12:16 PM
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dupreehere
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Dec 21 2017, 12:26 PM
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Getting Started

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Wat is minimum transfer for btc?
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jack2
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Dec 21 2017, 12:29 PM
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QUOTE(TianJian @ Dec 21 2017, 12:08 PM) i dunno why u guys keep blame luno luno fee% for receive bitcoin = 0.0002 or free if send by phone or email , selling is rm0.10 coinhako fee % for receive as miner = 0.001 , selling is 0.001 why need spend more on coin hako ? You must be newbie. They are blaming about the sending BTC fee. Not withdrawing fiat - RM0.10
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Mikeyz
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Dec 21 2017, 12:29 PM
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QUOTE(dupreehere @ Dec 21 2017, 12:26 PM) Wat is minimum transfer for btc? If not wrong is 0.00005 or 0.0005, if below minimal it will prompt an error .dont worry
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SUSTianJian
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Dec 21 2017, 01:11 PM
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QUOTE(jack2 @ Dec 21 2017, 12:29 PM) You must be newbie. They are blaming about the sending BTC fee. Not withdrawing fiat - RM0.10 ofcause sending other wallet will charge depend other wallet fee , i recommended all my customer using luno as the price for selling is much higher then others and coinhako send to other wallet is much higher then luno This post has been edited by TianJian: Dec 21 2017, 01:12 PM
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3822
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Dec 21 2017, 01:26 PM
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Getting Started

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I have around rm10k in luNo, hope.luno can settle their withdrawal problem soon
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wongtheboy92
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Dec 21 2017, 01:51 PM
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QUOTE(3822 @ Dec 21 2017, 01:26 PM) I have around rm10k in luNo, hope.luno can settle their withdrawal problem soon Heard lots of users have such problems. Mind to explain more? Is it the withdrawal waiting time too long?
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GoldenHawk
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Dec 21 2017, 01:57 PM
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Sorry if this is the wrong place. I trued to transfer some money into my Luno wallet yesterday, but the Maybank account given wasn't valid. Is there a problem with the Malaysian Government now? https://luno.statuspage.io/
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Kilohertz
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Dec 21 2017, 02:31 PM
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QUOTE(wongtheboy92 @ Dec 21 2017, 01:51 PM) Heard lots of users have such problems. Mind to explain more? Is it the withdrawal waiting time too long? Not waiting time too long but currently it doesn't allow deposit/withdrawal...
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yei09
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Dec 21 2017, 02:37 PM
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Getting Started

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QUOTE(GoldenHawk @ Dec 21 2017, 01:57 PM) Sorry if this is the wrong place. I trued to transfer some money into my Luno wallet yesterday, but the Maybank account given wasn't valid. Is there a problem with the Malaysian Government now? https://luno.statuspage.io/Luno's bank account got frozen by BNM. No withdrawal / deposit allow for now. Not sure when they will be able to fix it but it is recommended not to use Luno until the issue is fixed.
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GoldenHawk
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Dec 21 2017, 02:42 PM
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QUOTE(yei09 @ Dec 21 2017, 02:37 PM) Luno's bank account got frozen by BNM. No withdrawal / deposit allow for now. Not sure when they will be able to fix it but it is recommended not to use Luno until the issue is fixed. Owh... OK. So... open a new wallet? Recommendations?
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