Personally I didn't use Metamask.

Transferring from Luno to Metamask should be straight forward.

Transaction fee as of right now is average (but not as low as seen on 2-3 months ago) since the crypto market has been quiet & dipping lately.

Whenever you transfer your crypto, ALWAYS check in which blockchain network you are using. Because if you transfer using A network to B network, you will LOSE all your crypto.

Luno only operate on native coin network and metamask by default only support Ethereum network. Therefore, by default you can only transfer ethereum from Luno to metamask and vice versa. If you are unsure, transfer very small amount first to test it out.

Ethereum transfer fee, USD10 maybe? I am not too sure.

If i transfer from LUNO to BINANCE, i wont face any problems from SC Malaysia rite ?

i also have the same question, if i transfer from binance back to luno to cashout, whether will this alert them. because this could be one of the way for money laundering.

why do u think rival platform got attacked? i help u, u help me.

But i think so far, there are no issues from SC as to regarding transferring asset out from LUNO.

SC should be the least of ur concern. haha

LHDN should be the main concern? haha

im new.

was there monthly charge or yearly charge from Luno in our coins?

how about passive account. not active for long period, what will be next?

i could not found this info.

should be no charge

there's no charges. you can buy and hold in luno

The only time when LUNO charges users is the time when users are transacting (buying/selling) right?

bank in and withdrawal also got. but minimal

Deposits of MYR 100.00 and over are free, while lower deposit amounts have a fee of MYR 0.70
Withdrawal fee MYR 0.10

Thank you for sharing.

there is no charge, infact they didnt enable the interest option for holding in malaysia which nets you about 7.6% p.a. for usdc and eth, about 4% for the rest of the crypto. similiar concept of you deposited funds in IB, they give interest on your trust account.

Hi guys, i wanted to understand the flow to use Luno

1. Top up my local currency wallet via FBX
2. Buy BTC using the available funds in my local currency wallet

3. If i choose to sell my BTC, the funds will go back to my wallet?
4. If i want the $ to goes back to my bank account, i should do withdrawal at my local currency wallet?

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This post has been edited by ironman16: Oct 25 2021, 01:26 PM

Tks.

Is there an option for me to choose instant buy vs use exchange?

Wat is exchange?

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This post has been edited by ironman16: Oct 25 2021, 01:25 PM

Ah got it now