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 Luno Malaysia, Your experience, reviews, thoughts

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Madgeiser
post Jul 12 2022, 01:05 PM

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QUOTE(colmi @ Jul 10 2022, 01:18 PM)
Yes, Luno supports the transfer to-and-fro from ERC-20 wallets but only with ETH for now.
It does not support any other ERC-20 tokens.
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Thanks a lot for the clarification! Mighty helpful!

This post has been edited by Madgeiser: Jul 13 2022, 01:44 PM
cxjiek
post Jul 20 2022, 05:35 PM

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I found one survey by BNM, it ask my opinion on whether they should ban transfers to "unregulated" wallets. I hope that doesn't happen.

https://forms.office.com/r/x4pJk6ktkY
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SUSraynman
post Jul 21 2022, 05:14 AM

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Yes, Chainlink (LINK) and Uniswap (UNI) are the two new tokens supported by Luno.
heart strings
post Jul 22 2022, 05:18 PM

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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.
jack2
post Jul 23 2022, 11:26 AM

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QUOTE(heart strings @ Jul 22 2022, 05:18 PM)
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.
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Nothing to be worried if you are not receiving for illegal stuff.
Strike Eureka
post Aug 3 2022, 03:40 PM

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QUOTE(jack2 @ Jul 23 2022, 11:26 AM)
Nothing to be worried if you are not receiving for illegal stuff.
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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
AppleChaz
post Aug 3 2022, 03:54 PM

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QUOTE(colmi @ Jun 11 2022, 09:50 AM)
Luno will not support stablecoins like USDT because Malaysian can then park their Ringgit there.

More correctly, the Securities Commission will not allow Luno to deal in USDT with Malaysian customers.
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That's bad. Binance acquired stake in MX Global and I read somewhere their collab will help MX to expand in Malaysia..

After that news, MX CEO tweeted .. asking which next coin we want in MX. He did mention stablecoin but sadly, ADA won.



This post has been edited by AppleChaz: Aug 3 2022, 03:55 PM
jack2
post Aug 3 2022, 03:54 PM

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QUOTE(Strike Eureka @ Aug 3 2022, 03:40 PM)
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
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dont use la.. use other channel
Strike Eureka
post Aug 3 2022, 04:01 PM

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QUOTE(jack2 @ Aug 3 2022, 03:54 PM)
dont use la.. use other channel
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my aim is to receive $$$ from oversea then transfer to my bank account in Malaysia, the simplest way would be?
jack2
post Aug 3 2022, 05:19 PM

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QUOTE(Strike Eureka @ Aug 3 2022, 04:01 PM)
my aim is to receive $$$ from oversea then transfer to my bank account in Malaysia, the simplest way would be?
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Whatmoney is?
Davidtcf
post Aug 3 2022, 05:31 PM

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QUOTE(KTCY @ Jun 10 2022, 09:12 PM)
Sorry guys. very new to crypto.
Can i accept USDT with Luno ? Tried to find the answer but couldn't find any match
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best way to buy stablecoins is first buy LTC, then convert to USDT / USDC etc using an exchange.
I'm using Crypto.com Exchange app.
Strike Eureka
post Aug 3 2022, 06:19 PM

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QUOTE(jack2 @ Aug 3 2022, 05:19 PM)
Whatmoney is?
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well....i need a method to receive money from oversea anonymously without revealing any details, the person pay for my service is doggy as well suggested bitcoin as payment.
you got better suggestion other than bitcoin?
BrightDays
post Aug 3 2022, 06:39 PM

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QUOTE(Strike Eureka @ Aug 3 2022, 06:19 PM)
well....i need a method to receive money from oversea anonymously without revealing any details, the person pay for my service is doggy as well suggested bitcoin as payment.
you got better suggestion other than bitcoin?
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In this case, I dont think the currency is the issue, but I would suggest bnb/xrp/matic and others that r having low gas fee if you r going to convert them to RM immediately ....and also for your case, if i were u, I wont use Luno, dont ask y.

no advice, make yr own decision. biggrin.gif

This post has been edited by BrightDays: Aug 3 2022, 06:40 PM
BrightDays
post Aug 3 2022, 06:42 PM

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QUOTE(Strike Eureka @ Aug 3 2022, 06:19 PM)
well....i need a method to receive money from oversea anonymously without revealing any details, the person pay for my service is doggy as well suggested bitcoin as payment.
you got better suggestion other than bitcoin?
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QUOTE(BrightDays @ Aug 3 2022, 06:39 PM)
In this case, I dont think the currency is the issue, but I would suggest bnb/xrp/matic and others that r having low gas fee if you r going to convert them to RM immediately ....and also for your case, if i were u, I wont use Luno, dont ask y.

no advice, make yr own decision.  biggrin.gif
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and make sure u know how they work before the transaction occurs....
Strike Eureka
post Aug 4 2022, 01:33 AM

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QUOTE(BrightDays @ Aug 3 2022, 06:39 PM)
In this case, I dont think the currency is the issue, but I would suggest bnb/xrp/matic and others that r having low gas fee if you r going to convert them to RM immediately ....and also for your case, if i were u, I wont use Luno, dont ask y.

no advice, make yr own decision.  biggrin.gif
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Any platform tht can receive cryptocurrency without providing KYC or ask many questions?
emale
post Aug 4 2022, 09:29 PM

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QUOTE(AppleChaz @ Aug 3 2022, 03:54 PM)
That's bad. Binance acquired stake in MX Global and I read somewhere their collab will help MX to expand in Malaysia..

After that news, MX CEO tweeted .. asking which next coin we want in MX. He did mention stablecoin but sadly, ADA won.

ADA moves like snail, it is pretty much a stable coin lo
jack2
post Aug 5 2022, 10:21 AM

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Need to fill up for every receipts.
Strike Eureka
post Aug 5 2022, 11:38 PM

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QUOTE(jack2 @ Aug 5 2022, 10:21 AM)
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Need to fill up for every receipts.
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just create another wallet from another platform, then out the address from another platform icon_idea.gif
jack2
post Aug 6 2022, 09:59 AM

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QUOTE(Strike Eureka @ Aug 5 2022, 11:38 PM)
just create another wallet from another platform,  then out the address from another platform  icon_idea.gif
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Also will get trace de... haha
sleepwalker
post Aug 6 2022, 04:51 PM

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QUOTE(jack2 @ Aug 6 2022, 09:59 AM)
Also will get trace de... haha
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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.

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