You should be trading on the Luno exchange instead of buying/selling direct. Trading fees are 0.25% maker, 0.5% taker.

You should be trading on the Luno exchange instead of buying/selling direct. Trading fees are 0.25% maker, 0.5% taker.

You mean two different Bitcoin wallet addresses?

Yes, it can be done. You can generate a new Bitcoin address on top of the existing one.

You can name them differently, EDUCATION and RETIREMENT, if you wish.

You can sell 0.00xxxxx if you use the DIRECT SELL function from your ETH wallet in Luno. Don't use the exchange to sell. It only accepts up to 2 decimal places.

See below for example of a direct sell from ETH wallet. It accepts 8 decimal places.

Have you reported the problem to Luno Support?

Here is the link.

https://www.luno.com/help/en/tickets/new?category_id=30

I can't see a USDC wallet in my Luno account. I need to store USD stablecoin, whether USDC, USDT, TUSD or PAX.

USDC is an ERC-20 token, so it will be subjected to the high Ethereum GAS fees for transfer.

For USDT, we can use the very cheap TRON network instead of the ERC-20 network.

For example, in my KuCoin exchange account, the USDT transfer fees are as follows:-

On the ERC-20 (Ethereum) network - $20




On the TRC-20 (Tron TRX) network - $0

The fee amount is so small that KuCoin exchange considers it to be $0

Probably the actual amount is $0.007

You can buy from KuCoin P2P

I even communicated with the buyer at KuCoin BEFORE I transact my first test USDT P2P in KuCoin a few weeks ago.

This post has been edited by raynman: Mar 3 2021, 04:06 PM

I have a KYC-verified account with KuCoin.

But I believe you can use their P2P platform without KYC.

If you don't feel safe, then by all means do the KYC.

XRP network transfer fee is very cheap too.

KuCoin charges only 0.1 XRP ( less than $0.05)

Binance charges 1 USDT for transfer fee over the Tron network.





KuCoin charges 0 USDT over the Tron network.

I tried a test MYR deposit transaction on the Luno mobile app and it only allows one method - FPX.

We cannot use the Luno Ambank account. It did not appear as a valid deposit selection.

You didn't look hard enough.

https://www.luno.com/help/en/tickets/new?category_id=30

Use one of the following P2P platforms. I recommend Binance.

https://forum.lowyat.net/topic/5126961

I suggest you move your MYR/Crypto trading to a recommended P2P platform like Binance, Huobi or KuCoin.

P2P trading is fee-less and lightning fast. Takes only minutes to move Ringgit to-and-from your Malaysian bank account.

People are moving away from centralized fee-based crypto/fiat trading platforms like Luno, Sinegy and Tokenize.

Yes, you can open a Coinbase account and trade there.

However, you must pass identity verification first.

Whether it is safer than Binance or not, I have no idea.

You can open a Coinbase account using the link below.

https://www.coinbase.com/join/fah_ua






This post has been edited by raynman: Apr 9 2021, 08:23 AM