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 Luno Malaysia, Your experience, reviews, thoughts

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Darkmage12
post Nov 22 2020, 10:08 AM

shhhhhhhhh come i tell you something hehe
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QUOTE(iqlas @ Nov 21 2020, 11:22 PM)
Since luno have xrp, they are not supporting spark token airdrop?
*
There is a list of wallets and exchange I believe. Luno not one of them
mrluno
post Nov 22 2020, 10:48 AM

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QUOTE(iqlas @ Nov 21 2020, 11:22 PM)
Since luno have xrp, they are not supporting spark token airdrop?
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Hi iqlas,

Currently we have no plans to add support for Spark. If anything changes, we'll be sure to make an announcement.

If you're in a hurry to redeem your Spark tokens, feel free to do your own research and claim it accordingly on an alternative exchange/platform smile.gif

Given that you haven't read it yet, the whitepaper is long but if you have time, you can skim through it here: https://flare.xyz/app/uploads/2020/08/Flare_Version_1.0.pdf
A more brief overview can be viewed here: https://flare.ghost.io/theflarenetwork/

Further reading:
- https://dailyhodl.com/2020/08/30/ripple-par...ypto-investors/
- https://www.crypto-news-flash.com/ripple-ne...xrp-registered/
- https://www.crypto-news-flash.com/ripple-xr...en-via-airdrop/
!@#$%^
post Nov 22 2020, 10:58 AM

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QUOTE(vinoth @ Nov 22 2020, 12:09 AM)
Is Luno functioning well? I’ve been trying to execute a sell order for my XRP for the last one hour and all I get is an error message saying that something went wrong on their side 😑

@mrluno
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lol, not uncommon. the reason is obvious though.
vinoth
post Nov 22 2020, 11:02 AM

On my way
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QUOTE(!@#$%^ @ Nov 22 2020, 10:58 AM)
lol, not uncommon. the reason is obvious though.
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Sorry, mind to elaborate further ? I’ve just started using Luno after sometime . I can’t even clarify this is issue with an official support team. So the next best thing is Lyn
!@#$%^
post Nov 22 2020, 11:11 AM

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From: KL
QUOTE(vinoth @ Nov 22 2020, 11:02 AM)
Sorry, mind to elaborate further ? I’ve just started using Luno after sometime . I can’t even clarify this is issue with an official support team. So the next best thing is Lyn
*
best to leave that to the luno guy.
gashout
post Nov 23 2020, 12:02 PM

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For Luno. Do I need to deposit money before I can purchase crypto?

And I can withdraw back to local bank account?

Mr Luno pls help. Thanks
mrluno
post Nov 23 2020, 12:19 PM

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QUOTE(gashout @ Nov 23 2020, 12:02 PM)
For Luno. Do I need to deposit money before I can purchase crypto?

And I can withdraw back to local bank account?

Mr Luno pls help. Thanks
*
Hi gashout,

Yes, you need to deposit MYR before you can purchase crypto and yes you can withdraw to a local bank account.

Thanks!
gashout
post Nov 23 2020, 12:45 PM

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QUOTE(mrluno @ Nov 23 2020, 12:19 PM)
Hi gashout,

Yes, you need to deposit MYR before you can purchase crypto and yes you can withdraw to a local bank account.

Thanks!
*
So as new user.

1. I buy fave.
2. Then key in reward
3. Then top up 1k.
4. Then purchase bitcoin.

Only bitcoin?

Am i correct?.. Thanks again.
SolId SnaKe
post Nov 23 2020, 12:53 PM

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QUOTE(gashout @ Nov 23 2020, 01:02 PM)
For Luno. Do I need to deposit money before I can purchase crypto?

And I can withdraw back to local bank account?

Mr Luno pls help. Thanks
*
do u need a referal code? i can pm u and we both will get rm25 value
gashout
post Nov 23 2020, 01:04 PM

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QUOTE(SolId SnaKe @ Nov 23 2020, 12:53 PM)
do u need a referal code? i can pm u and we both will get rm25 value
*
I'm good, thanks. Fave voucher seems to be more attractive.
mrluno
post Nov 23 2020, 01:51 PM

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QUOTE(gashout @ Nov 23 2020, 12:45 PM)
So as new user.

1. I buy fave.
2. Then key in reward
3. Then top up 1k.
4. Then purchase bitcoin.

Only bitcoin?

Am i correct?.. Thanks again.
*
Hi gashout,

Yes, that's right but be mindful of the below:

Please ensure that you are a new customer. A new customer is defined as

1) A customer who has just signed up for a Luno account and has signed up via a referral link and/or not entered a referral code (either upon signing up or at any point while using their account)

AND

2) Has never used the instant buy/sell function

Do let me know if you have any other questions.
gashout
post Nov 23 2020, 04:02 PM

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QUOTE(mrluno @ Nov 23 2020, 01:51 PM)
Hi gashout,

Yes, that's right but be mindful of the below:

Please ensure that you are a new customer. A new customer is defined as

1) A customer who has just signed up for a Luno account and has signed up via a referral link and/or not entered a referral code (either upon signing up or at any point while using their account)

AND

2) Has never used the instant buy/sell function

Do let me know if you have any other questions.
*
I would like to further ask if Luno will add more crypto into the app?

And why the famous 4 at the moment? What makes them special? Or just happen to be?

Thanks

jkngo2003
post Nov 24 2020, 09:21 AM

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Joined: Mar 2013


QUOTE(mrluno @ Nov 23 2020, 01:51 PM)
Hi gashout,

Yes, that's right but be mindful of the below:

Please ensure that you are a new customer. A new customer is defined as

1) A customer who has just signed up for a Luno account and has signed up via a referral link and/or not entered a referral code (either upon signing up or at any point while using their account)

AND

2) Has never used the instant buy/sell function

Do let me know if you have any other questions.
*
....

This post has been edited by jkngo2003: Nov 24 2020, 11:01 AM
adamhzm90
post Nov 24 2020, 10:56 AM

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made 250 yesterday in 3 hours..

thanks XRP and Luno..hehe
gashout
post Nov 24 2020, 11:42 AM

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Hi Luno. Does the luno wallet allows us to earn any interest?

Thanks
iqlas
post Nov 24 2020, 02:50 PM

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Hi, another question.
Let say i want to transfer my bitcoin and ether from luno wallet to a cold storage for safekeeping.
How do i check what would be the transaction fee before sending?
I don't want the transaction fee for bitcoin and eth to be more expensive than the value of the crypto itself.
TheRedDevil
post Nov 25 2020, 07:35 AM

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QUOTE(gashout @ Nov 24 2020, 11:42 AM)
Hi Luno. Does the luno wallet allows us to earn any interest?

Thanks
*
Not yet for malaysia user. Hope it will come soon!
-kytz-
post Nov 25 2020, 10:07 AM

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Hi, I came across this article today:
https://www.soyacincau.com/2020/11/24/luno-...obox=1606195276

QUOTE
As an approved exchange, Luno has to meet stringent anti-money laundering laws and investor protection requirements.


Any specifics on what protection do investors in Malaysia get when holding cryptocurrency in Luno's wallet? Protection of deposits/full refund in the event of hacks/exploits etc?



mrluno
post Nov 25 2020, 10:35 AM

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QUOTE(gashout @ Nov 23 2020, 04:02 PM)
I would like to further ask if Luno will add more crypto into the app?

And why the famous 4 at the moment? What makes them special? Or just happen to be?

Thanks
*
Hi gashout,

We're always exploring to add new crypto/tokens/coins.

Stay tune, we'll be sure to update if there are further developments.

Here's how we decide what crypto/tokens/coins to list on Luno: https://www.luno.com/blog/en/post/moving-to...-currency-world

Just a caveat, in Malaysia any crypto/tokens/coins that are listed on a regulated Digital Asset Exchange (DAX) will need to be approved by the Securities Commission. So just because we might have a crypto/tokens/coins available in the other markets that we operate in, doesn't mean it'll be immediately be added to Malaysia's Luno market too.

Do let me know if you have any questions.

Thanks!
mrluno
post Nov 25 2020, 10:37 AM

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QUOTE(gashout @ Nov 24 2020, 11:42 AM)
Hi Luno. Does the luno wallet allows us to earn any interest?

Thanks
*
QUOTE(TheRedDevil @ Nov 25 2020, 07:35 AM)
Not yet for malaysia user. Hope it will come soon!
*
Yup, the Savings Wallet hasn't been approved by the Securities Commission yet.

We've submitted our proposal, the ball is in the SC's park. We're constantly following up.

Thanks!

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