Yes, cashed out rm250k worth of eth this Jan alone.

Will be cashing out another 300k this month.

Ill let you guys know if there’s any calls

With LUNO Malaysia, you are trading with Malaysian Exchange. This has been explained many times. It is not converted from USD to MYR. You are trading your bitcoin with other LUNO Malaysia users in the exchange and not in the global market.

with this change, ill quit Luno lol

Give them one more chance, month end. transfer to an unapproved DEX.
if cant im out

Better stop using LUNO unless you want all your funds to be freeze in LUNO. Now incoming transaction they need detailed information such as sender’s address, nationality, name, etc otherwise they won’t release the transaction.

if it's illegal stuff how? but amount not really big la , just asking, Luno did ask where my bitcoin comes from but i just ignores it

my aim is to receive $$$ from oversea then transfer to my bank account in Malaysia, the simplest way would be?

just create another wallet from another platform,  then out the address from another platform 

Not really. To LUNO you will just be transferring from your own account in a VASP to your luno account. If it is a registered VASP, Luno will not ask for verification since it can get the transfer details from the VASP. So you can dump all your transfers from any personal wallet to that VASP and then transfer to LUNO.

Hi Ross, if I hold my coin in Luno for few years and withdraw 20k earning into bank, do I need to declare in income tax next year?

Hello Jack

My name is Ross and I'm the Community & Education Lead for Luno Malaysia.

VASP stands for = Virtual Asset Service Provider

A simpler way of putting this is = any platform that offers virtual assets (crypto)

Luno is a VASP, as are all other crypto exchanges too

There is a new rule we are required to follow called the Travel Rule.
This rule is already used in the banking industry we are just adapting to it for crypto too

If you'd like to read more about it just go to Google and type "The “Travel Rule” and what Luno is doing about it" and the first link that appears should lead you to our website with more info about it

(Sadly lowyat won't let me put the URL link here)

And if you have any other questions feel free to ask

Can i transfer USDT to Luno, and cashout from there ?

OR should i convert USDT to BTC/others in other platform and transfer to Luno, then only able to cashout ?

Ross has left Luno and currently working for Binance.

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

Definitely Binance. But Luno also safe right.

Luno is the best & biggest exchange in Bolehland right

Luno is the best & biggest exchange in Bolehland right

I really like luno