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Luno Malaysia, Your experience, reviews, thoughts
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sixshot
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Jan 16 2021, 10:26 AM
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QUOTE(raynman @ Jan 16 2021, 08:29 AM)  I didn't notice until now that there is another method of funding our MYR account in Luno. The FPX instant transfer. Has anyone used it to deposit MYR funds into your Luno account? How is the experience? Instant?  Yea, instant
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SUSraynman
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Jan 16 2021, 10:33 AM
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QUOTE(sixshot @ Jan 16 2021, 10:26 AM) How much does it cost for the FPX transaction?
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sixshot
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Jan 16 2021, 11:17 AM
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QUOTE(raynman @ Jan 16 2021, 10:33 AM) How much does it cost for the FPX transaction? 70sen per deposit.
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SUSraynman
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Jan 16 2021, 11:30 AM
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QUOTE(sixshot @ Jan 16 2021, 11:17 AM) Thanks. And it is free for normal bank deposit?
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onthefly
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Jan 16 2021, 03:47 PM
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QUOTE(raynman @ Jan 16 2021, 11:30 AM) Thanks. And it is free for normal bank deposit?  yes, but slower
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luna121245
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Jan 17 2021, 09:22 AM
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QUOTE(881118 @ Jan 16 2021, 06:37 AM) wa big fish, u get this warning coz u almost near 300k withdrawal ady?  Not yet, just want to get ready if it require any application. Dun wan money get stuck in exchange for a month
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SUSlowya
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Jan 17 2021, 09:42 AM
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for trading purpose, any reason to go Luno instead of directly deal at Binance's P2P?
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lukemanz
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Jan 17 2021, 12:42 PM
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Getting Started

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QUOTE(lowya @ Jan 17 2021, 09:42 AM) for trading purpose, any reason to go Luno instead of directly deal at Binance's P2P? Your money is a bit safe/protected with Luno as it is licensed by SC. Binance P2P may subject to scam/not safe/not protected as it is not licensed by SC.
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honsiong
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Jan 17 2021, 06:34 PM
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Saw previous transactions of sending ETH into Luno cost 31305 gas.
Set 31305 gas limit, out of gas. USD 6 gone case Set 31500, out of gas again. Set 35000, used only 31305 gas.
Heck, mycrypto.com default gas limit into Luno deposit address is 21000, most noobs would have burnt so many ETH without knowing why.
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!@#$%^
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Jan 17 2021, 07:13 PM
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QUOTE(honsiong @ Jan 17 2021, 06:34 PM) Saw previous transactions of sending ETH into Luno cost 31305 gas. Set 31305 gas limit, out of gas. USD 6 gone case Set 31500, out of gas again. Set 35000, used only 31305 gas. Heck, mycrypto.com default gas limit into Luno deposit address is 21000, most noobs would have burnt so many ETH without knowing why. not luno again
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AAmirAA
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Jan 17 2021, 08:12 PM
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Getting Started

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Hi @mrluno. any update if you have plans to add other ALT coins?
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881118
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Jan 17 2021, 10:11 PM
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QUOTE(honsiong @ Jan 17 2021, 06:34 PM) Saw previous transactions of sending ETH into Luno cost 31305 gas. Set 31305 gas limit, out of gas. USD 6 gone case Set 31500, out of gas again. Set 35000, used only 31305 gas. Heck, mycrypto.com default gas limit into Luno deposit address is 21000, most noobs would have burnt so many ETH without knowing why. i sent from coinbase to luno never got problem~
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honsiong
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Jan 17 2021, 11:31 PM
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QUOTE(881118 @ Jan 17 2021, 10:11 PM) i sent from coinbase to luno never got problem~ Maybe because coinbase detected the contract and guesses the gas limit well, or they just set ridiculously high gas limit + gas price. You are paying for it anyway.
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jackjiajun
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Jan 18 2021, 02:10 AM
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New Member
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To Luno Malaysia, any idea when gonna add more alt coins to the exchange sir?
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waghyu
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Jan 18 2021, 02:13 AM
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QUOTE(jackjiajun @ Jan 18 2021, 02:10 AM) To Luno Malaysia, any idea when gonna add more alt coins to the exchange sir? Just flip using other exchange first then bring to luno ecosystem.
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mrluno
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Jan 18 2021, 10:22 AM
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Getting Started

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QUOTE(Harvey Specter @ Jan 15 2021, 01:34 PM) Hi Mr Luno, may i know what is your stand on xrp? Will it be delisted ? Hi Harvey Specter, To answer your query, if the lawsuit result has been classified XRP as security. Luno will review the listing to remain to comply with regulations set by Security Commission Malaysia. If anything changes, we will update our customer on our webpage or via email: https://www.luno.com/blog/en/For the time being, until there is more clarity on this case we don’t intend to remove XRP from Luno. You’re able to continue trading and transacting with it on our platform. I hope the information above provides some clarity in this case. Feel free to contact us if you have any other concerns. Thanks!
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mrluno
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Jan 18 2021, 10:23 AM
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Getting Started

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QUOTE(luna121245 @ Jan 15 2021, 04:56 PM) What happens if monthly withdrawal of RM300k reach? Can’t withdraw for that month or there is next tier to upgrade? Hi luna121245, Yup, you may do so. Do let me know if you have any questions about that. Thanks!
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mrluno
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Jan 18 2021, 10:24 AM
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Getting Started

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QUOTE(penanghomes @ Jan 15 2021, 06:51 PM) What is the fees for Luno? Buying ? Selling ? Exchange ? Hi penanghomes, We have discussed this many times in this thread. Please use the search function. Thanks
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mrluno
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Jan 18 2021, 10:26 AM
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Getting Started

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QUOTE(raynman @ Jan 16 2021, 08:29 AM)  I didn't notice until now that there is another method of funding our MYR account in Luno. The FPX instant transfer. Has anyone used it to deposit MYR funds into your Luno account? How is the experience? Instant?  Hi raynman, Yes, it's instant. I use it all the time.
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mrluno
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Jan 18 2021, 10:29 AM
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Getting Started

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QUOTE(honsiong @ Jan 17 2021, 06:34 PM) Saw previous transactions of sending ETH into Luno cost 31305 gas. Set 31305 gas limit, out of gas. USD 6 gone case Set 31500, out of gas again. Set 35000, used only 31305 gas. Heck, mycrypto.com default gas limit into Luno deposit address is 21000, most noobs would have burnt so many ETH without knowing why. Hi honsiong, Our receive addresses require ~32k gas. Sending ETH to a Luno receive address with less than ~32k gas will result in a failed transaction (funds returned to sender). Do let me know if you have any questions. Thanks!
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