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 Luno Malaysia, Your experience, reviews, thoughts

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ironman16
post Jun 23 2021, 06:25 PM

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QUOTE(AmenoJaku @ Jun 23 2021, 05:59 PM)
Not familiar with them. Will check it out. Thanks.
Maybe you registered long time ago.
It's a common complaint?
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i register early may 2021 icon_rolleyes.gif
ironman16
post Jun 24 2021, 09:27 AM

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QUOTE(Goliath764 @ Jun 23 2021, 11:49 PM)
How many working days does it take for the Luno to identify an user, on average?
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if u afraid , just msg Luno FB.....
ironman16
post Jun 24 2021, 07:08 PM

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QUOTE(Goliath764 @ Jun 24 2021, 06:43 PM)
After I say this I got approved, yay. And thanks for all your answers to my Q.
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Welcome on boat liao.
Remember use instant buy so that u entitled for free rm25 or..... for referral program.
Else, use exchange is cheaper in luno. But still at least 0.25%, unless upgrade tier liao

ironman16
post Jun 29 2021, 07:51 PM

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QUOTE(wdp5535 @ Jun 29 2021, 03:42 PM)
Hi All
I registered yesterday at 2pm and got my approval today at 11am.

Just waiting to buy at the right time and price
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if wanna get referral bonus, remember use instant buy for certain amount.......

after that, can use exchange oledi bcoz cheaper............. cool2.gif

for me , the price seen ok compare to last time when i buy ..... doh.gif

This post has been edited by ironman16: Jun 29 2021, 07:51 PM
ironman16
post Jul 5 2021, 04:26 PM

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QUOTE(AmenoJaku @ Jul 5 2021, 02:48 PM)
Luno chargers 2% for every transaction right? When you buy or sell.
Is this consider high/expensive? Relative to current crypto trend, especially BTC and ETH.
So, not suitable for daily trader right? You spend too much on chargers alone.
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ppl just use instant buy/sell to get the free BTC (referral bonus), after that use exchange liao.....0.25% or 0.5%.................

i didnt use.........i use not regulate by msia punya......... sweat.gif
ironman16
post Jul 5 2021, 04:54 PM

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QUOTE(AmenoJaku @ Jul 5 2021, 04:48 PM)
Shit no wonder I'm losing money.
Thanks a bunch guys.
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so , all this time u only use instant buy/sell?? doh.gif

means like u buying UT pay with 2% sales charge oledi................but risk lagi high than UT............. sweat.gif

This post has been edited by ironman16: Jul 5 2021, 04:55 PM
ironman16
post Jul 6 2021, 05:22 PM

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QUOTE(Win Win Inspiration @ Jul 6 2021, 05:13 PM)
Still learning how to buy and sell using exchange, to me the mechanism isn't that straightforward.
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just like u playing stock.........

u decide how many unit wanna sell and what price u wan
OR
u decide how many u wan and what price u willing to pay.

if match, execute.......but have to q first if u not the only one

IF
u urgently wanna sell/buy, just use the MARKET price..........it will auto match u the CURRENT price..... cool2.gif

This post has been edited by ironman16: Jul 6 2021, 05:23 PM
ironman16
post Jul 7 2021, 07:36 PM

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QUOTE(carnby77 @ Jul 7 2021, 06:42 PM)
How long to get my money in the bank after withdraw?
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U just check ur luno apps, when it said redeem process finish, by next day u will get ur money.

Last time my money like this
ironman16
post Jul 25 2021, 08:45 AM

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QUOTE(stockerzzz @ Jul 25 2021, 02:45 AM)
so where do you guys stake your btc and eth? you guys think is it safe to stake at binance?
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😁 Can't tell u yet, Bcoz just start staking coin since May 2021.
So far seen OK for me.
ironman16
post Jul 25 2021, 04:18 PM

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QUOTE(stockerzzz @ Jul 25 2021, 04:00 PM)
so far i only stake alt coins on binance , i thinking whether want to transfer my btc and eth to binance for stake. seems pretty useless if just sitting without staking.
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sweat.gif no comment.....i last time oso at luno....quite bore.........nothing to do except hold aje....

last i redeem it n move to binance , play stake/saving/pool..... cool2.gif ....but loss quite huge....bcoz enter during May 2021 doh.gif
ironman16
post Jul 26 2021, 04:28 PM

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QUOTE(Invulnerability @ Jul 26 2021, 04:12 PM)
when you guys do KYC, do u add watermark on the IC?
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others ppl i not sure, but i didnt do it whistling.gif

# remember use instant buy/sell to get the referral bonus.....after that , just use exchange ....bcoz cheaper cool2.gif

This post has been edited by ironman16: Jul 26 2021, 04:29 PM
ironman16
post Jul 26 2021, 05:23 PM

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QUOTE(Invulnerability @ Jul 26 2021, 05:07 PM)
can i just deposit BTC and withdraw to bank without buying/exchange?
i check this is registered company, i think it should be no problem receiving fund from them right?
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U means receiving btc from others platform? Can, but fee quite high. Ppl normally use xrp, cheaper.

Try use others savings account, not ur salary accounts, in case banks force u to close it especially UNCLE BANK 😂

But I ever withdraw to HL, seen ok

This post has been edited by ironman16: Jul 26 2021, 05:24 PM
ironman16
post Jul 27 2021, 02:39 PM

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QUOTE(jett138 @ Jul 27 2021, 01:36 PM)
Nowadays its cheap to direct bitcoin, only differences is waiting time. btc - few hours vs xrp within 30 mins to 1 hr
Xrp getting less efficient to LUNO nowadays, the .25% is on crypto amount instead of RM. selling a few k one go will cost you easily two digits or 3 digits of your xrp compared to small satoshis .0000XXX  biggrin.gif
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thumbup.gif
i nv try b4........i oso base on others ppl info.....

i go binance oledi n seldom at luno oledi biggrin.gif
ironman16
post Aug 8 2021, 09:56 PM

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QUOTE(underscore_lee @ Aug 8 2021, 02:52 PM)
Anyone using the Luno Labs function to check your total profit/loss? I tried on my phone but still shows $0.00 sad.gif

My friends one all show correctly.
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mine is ok (phone and pc) ....no problem.....but seldom use it.... cool2.gif

This post has been edited by ironman16: Aug 8 2021, 09:57 PM
ironman16
post Aug 19 2021, 05:47 PM

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QUOTE(GrumpyCat @ Aug 19 2021, 03:27 PM)
Anyone know when will Luno staking come to Malaysia?
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QUOTE(jeffseaw @ Aug 19 2021, 05:38 PM)
maybe can check with their customer service will staking coming in future or anytime soon
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dun just staking aje, at least stable coin (usdt/usdc/.......mana tahu usdl brows.gif ) oso kasi sikit ma

This post has been edited by ironman16: Aug 19 2021, 05:47 PM
ironman16
post Aug 23 2021, 08:39 PM

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QUOTE(clement7621 @ Aug 23 2021, 07:05 PM)
Hi! I am new to Luno and crypto thing. I am just wondering what is the difference between Standard and Exchange ?

Yes I know the Standard charges 2% when buying crypto while Exchanges charges 0.25%.

Does this mean that it is better to buy crypto using Exchanges? I know I might sound stupid but could someone enlighten me on this ?

Thank you!
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Ya. But make sure u oledi get the bonus first bcoz tnc said must use standard for u entitle the bonus
ironman16
post Aug 23 2021, 08:40 PM

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QUOTE(markchan @ Aug 23 2021, 08:10 PM)
Can I transfer xrp from binance to luno?
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Can. If u confident just lump sum one go. Else can try with small amount first.
ironman16
post Aug 23 2021, 09:36 PM

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QUOTE(clement7621 @ Aug 23 2021, 09:01 PM)
Which mean it is better to buy crypto using Exchange in Luno ? But what is the advantage using Standard to buy crypto? Thanks!
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just to get the bonus...... whistling.gif

after that no body will use it to trade........unless u wanna execute the buy/sell on the spot without to wasting ur time hmm.gif
(seen like same with MARKET when u place order, either sell or buy, in binance/huobi)

This post has been edited by ironman16: Aug 23 2021, 09:36 PM
ironman16
post Sep 11 2021, 04:17 PM

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QUOTE(prince_mk @ Sep 11 2021, 02:05 PM)
There are BTC ETH XRP BCH and LTC in Luno.

Which are the top 2 preferences? Mind share.
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Ppl always said BTC +ETH.
But i prefer ETH all the time.
ppl always said BTC big bro in crypto, may b a bit 😁
ironman16
post Sep 14 2021, 02:35 PM

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QUOTE(Win Win Inspiration @ Sep 14 2021, 12:58 PM)
Mind sharing more on why you prefer ETH?
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no specific reason, just i dun like that taiko........so i pick second taiko lo.......... cool2.gif

actually no matter which u pick , as long as it is top 20 should b ok i think...... hmm.gif

beside that , hold a few altcoin that u feel is good in future, mana tahu, shooting star brows.gif

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