QUOTE(Shanks747 @ Nov 22 2022, 03:37 PM)
Previously it was blocked.But somehow weeks ago it appeared back on Google Play and was available for an update.
Did something change when CZ visited Malaysia?
Luno Malaysia, Your experience, reviews, thoughts
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Nov 22 2022, 03:39 PM
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Junior Member
631 posts Joined: Jan 2010 |
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Nov 22 2022, 08:16 PM
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Junior Member
230 posts Joined: Apr 2018 |
QUOTE(Shanks747 @ Nov 22 2022, 03:37 PM) Luno is not bad. Securities Commission Malaysia is bad. Securities Commission Malaysia make Luno look bad by putting that ridiculous rules.Yes, Malaysia can access Binance. About Coinbase, I'm not sure. I didn't use Coinbase. I got plan to use Coinbase but Coinbase don't support Malaysia. |
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Nov 22 2022, 08:35 PM
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Junior Member
168 posts Joined: Jan 2019 From: KL |
QUOTE(tshihmin @ Nov 22 2022, 08:16 PM) Luno is not bad. Securities Commission Malaysia is bad. Securities Commission Malaysia make Luno look bad by putting that ridiculous rules. Then why I cannot access Binance ? I think its ban in Malaysia last I heard....still cannot access itYes, Malaysia can access Binance. About Coinbase, I'm not sure. I didn't use Coinbase. I got plan to use Coinbase but Coinbase don't support Malaysia. |
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Nov 23 2022, 12:13 AM
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Junior Member
230 posts Joined: Apr 2018 |
QUOTE(Shanks747 @ Nov 22 2022, 08:35 PM) Then why I cannot access Binance ? I think its ban in Malaysia last I heard....still cannot access it Use this Binance link https://www.binance.me/en to access Binance. |
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Nov 23 2022, 05:52 AM
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Junior Member
168 posts Joined: Jan 2019 From: KL |
QUOTE(tshihmin @ Nov 23 2022, 12:13 AM) thanks |
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Nov 23 2022, 05:53 AM
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Junior Member
168 posts Joined: Jan 2019 From: KL |
Anyone here got extract cryto coins to cold wallet before ? external drive like a nano ledger
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Nov 23 2022, 10:29 AM
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Junior Member
230 posts Joined: Apr 2018 |
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Nov 24 2022, 03:03 PM
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Junior Member
142 posts Joined: Apr 2020 |
Any suggestion on platform for trading crypto, with low transaction fees and high safety?
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Nov 24 2022, 10:25 PM
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Junior Member
230 posts Joined: Apr 2018 |
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Nov 25 2022, 12:31 AM
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Senior Member
778 posts Joined: Mar 2006 From: Ann Arbor |
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Nov 29 2022, 10:56 PM
Show posts by this member only | IPv6 | Post
#4571
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All Stars
20,791 posts Joined: Jul 2012 |
The largest lender in crypto, Genesis Global Capital, engaged in the same kind of high-risk lending practices that have brought down similar firms, a Quartz investigation found. Genesis abruptly halted operations last week, blaming crypto market declines and a crisis of confidence in the industry. It warned potential investors that it could face bankruptcy if it can’t raise more capital. The lender, which is owned by Digital Currency Group, an influential crypto conglomerate, said it had $2.8 billion worth of outstanding loans at the end of September (pdf). https://qz.com/genesis-global-capital-unsec...oans-1849808185 Crypto trading firm Genesis, a renowned crypto lender listed among the world’s top lenders, is reportedly under the lens of regulators in Alabama and other U.S. states. The state securities department is undertaking a careful look at aspects that also concern the “interconnectedness of crypto firms.” According to reports, the Alabama Securities Commission is looking into determining if the crypto firm has violated securities laws by failing to file the proper registrations. Genesis is pursuing a capital raise of at least $500 million to fill its funding gaps. https://bitcoinist.com/genesis-under-scruti...ate-regulators/ |
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Dec 1 2022, 06:22 AM
Show posts by this member only | IPv6 | Post
#4572
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Junior Member
290 posts Joined: Dec 2007 |
QUOTE(Ross_Luno_MY @ Nov 17 2022, 02:56 AM) Hello Thank your for your clarification on the points above.1. My reply was to someone who was asking regarding the Travel Rule regulation 2. But your reply is dealing with tranparency/blockchain/etc. - This is not related to the Travel Rule regulation that my reply is addressing Nevertheless I am happy to address some of your points a) People who use properly regulated CeFi exchanges are not exposed. For example at Luno we strictly practice PDPA and hence all your personal information is kept private. - This therefore ensures that you are not exposed. b) Luno is not a blockchain or a Web3 - Often times people believe just because a platform offers crypto that automatically means it must be decentralised - I can give you an example, pretty much everyone who accesses crypto must access it through an internet provider - But internet providers are centralised right? On one hand the blockchain was indeed made to provide a trustless system, but in the end we often rely on centralised systems to allow us to access the blockchain easily Luno is exactly like this, we are not a blockchain, we are a crypto exchange which allows people to buy/sell/trade in cryptocurrency safely. We also allow people to buy & sell crypto directly into RM Ringgit Malaysia is a centralised currency which comes from banks In order for Luno to allow users to use their centralised currency to buy crypto we must be able to bridge the gap in between centralised and decentralised. c) You said it's not hard to get "papers" for LHDN to come knocking - Actually this is NOT TRUE - You can google a recent case of Genting Highlands vs LHDN. - LHDN asked Genting to give customer information BUT Genting Highlands refused - Guess who won the case? = Genting! It is a common misconception among people that LDHN can simply just ask for information and get it I am happy to reassure you this is NOT the case. Luno protects customer privacy and data I hope my answers have provided more clarity to you regarding 2 things: a) The role of Luno as a platform to allow people to get access to crypto, especially in the safest and fastest way possible with RM. b) The fact that Luno strictly protects customer data privacy If you have further questions I am always happy to answer what we are hoping for is actually running from the centralized system already in place. travel rule kinda bring everything back to where we are at. Never the less thanks for bridging the gap and getting more onboard. markchan liked this post
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Dec 4 2022, 02:50 AM
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All Stars
20,791 posts Joined: Jul 2012 |
Crypto broker Genesis and its parent company Digital Currency Group (DCG) owe customers of the Winklevoss twins' crypto exchange Gemini $900 million, the Financial Times reported on Saturday.
https://www.reuters.com/technology/crypto-e...-ft-2022-12-03/ This post has been edited by icemanfx: Dec 4 2022, 02:50 AM |
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Dec 8 2022, 03:46 AM
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Newbie
35 posts Joined: Apr 2018 |
So sad, Luno's price is lower than any (market rate with current exchange USD/MYR rate)
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Dec 16 2022, 02:37 AM
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Junior Member
47 posts Joined: Dec 2004 |
Does anybody know what will happen to RM stored in Luno if they go bankrupt?
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Dec 16 2022, 09:42 AM
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Junior Member
609 posts Joined: Sep 2005 |
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Dec 20 2022, 01:16 PM
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Junior Member
47 posts Joined: Dec 2004 |
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Dec 20 2022, 04:09 PM
Show posts by this member only | IPv6 | Post
#4578
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All Stars
20,791 posts Joined: Jul 2012 |
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Dec 20 2022, 05:32 PM
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Junior Member
47 posts Joined: Dec 2004 |
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Dec 20 2022, 06:33 PM
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All Stars
20,791 posts Joined: Jul 2012 |
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