Hi guys,

I have been using Luno to DCA and buy BTC.

However I just realized that this means I'm buying BTC/MYR instead of BTC/USD. Please correct me if I'm wrong.

BTC/MYR has surpassed the All time high but BTC/Myr has not. This means that I'm losing gains?

This has made me consider to switch platform.

Question:

- How do I switch platform and transfer the money? If I sell everything on luno and buy the equivalent amount on another platform, will I be in the same position as currently?

Also if you can help to recommend me some good platform to buy crypto in malaysia I would really appreciate it!

Thanks alot in advance!

1. when you have bought BTC, it doesn't matter anymore which currency you've used to buy it in the first place.

1 BTC bought from BTC/MYR is equivalent to 1 BTC bought from BTC/USD, BTC/EUR, BTC/JPY, etc.

2. every exchanges has different order books. i.e. different buy & sell orders in every exchange.

BTC/MYR in Luno may not have reached ATH because nobody set a buy order higher than ATH in Luno. but in Binance it may have reached ATH because there's more buy order over there.

3. yes you can switch platforms, especially because of item 2 explained above. but think back how you're going to convert back to your preferred fiat currency later on. it may or may not be worth it.

Sorry typo. I meant btc/usd has surpassed previous all time but btc/myr has not.

Just transfer BTC from Luno to other wallets or exchanges.

How long does it take luno to reset password (selfie with ID & notes) ?

Just now dunno why it signed me out and i cant remember my password T__T

the prices in Luno are slow one.

Price in Luno Abit auta auta one.

Can luno apps check total amount spent on specific coin?
I saw total cash in amount only.

hi guys,
I have some leftover BTC in Nicehash. They start charging fees for inactive. Thinking transferring to Luno, will Luno start questioning incoming BTC?

Luno me also inactive too.

Unless I transfer to Binance but I prefer to have secondary accounts that i can convert back to MYR easily. Any other suggestion?

tq

what is the alternative of luno? the spread is so shit. sol myr990, if convert to usd already at myr1050. I sold 10 sol just now, rm600 differences. make me rage but no way I will use p2p anymore, already got flagged once

Sell to usdt, and p2p usdt

I got warned last time by the bank when I use p2p for withdrawal. I just sign up for hata and they gave me good quote for sol

Will get flagged as well no difference

Anyone here applied for the DRB from BNM ?

Luno price in RM something wrong. The price not same with USD price.

Yea, lower than actual

Then when buy/sell, charge us 2.0%

buy from luno- sell in Hata

I calculate their buy sell charges. Buy around 2%++, then sell around 3%++

Because orderbook (supply/buy order) of every exchange is different. It depends on the liquidity that its users provide.

please please please don't buy/sell using luno wallet. use the exchange to do trading

• luno wallet
  
  
• luno exchange
  
  

https://guide.luno.com/hc/en-gb/articles/14...its-in-Malaysia