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 Luno Malaysia, Your experience, reviews, thoughts

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SUSSyok Your Mom
post Jun 13 2025, 05:00 PM

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QUOTE(Medufsaid @ Jun 11 2025, 04:28 PM)
hedera + graph token making their debut on luno malaysia
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No thanks 🙏 looks like risky coins to me
ssiapf
post Jun 14 2025, 07:00 AM

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Hi all, anyone invest in their bundle?
Medufsaid
post Jun 14 2025, 09:34 AM

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ssiapf Luno tells you what is in the bundle. just look at the list and invest manually. investing in bundle = giving free money to Luno
QUOTE(Medufsaid @ Dec 27 2024, 09:07 PM)
buy it manually from the exchange. invest in the bundle and you pay free money to luno for the convenience

user posted image

user posted image
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GalaxyV
post Jun 14 2025, 11:19 AM

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QUOTE(Medufsaid @ Jun 14 2025, 09:34 AM)
ssiapf Luno tells you what is in the bundle. just look at the list and invest manually. investing in bundle = giving free money to Luno
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100% agree. Don't try. Only suits newbie.
David900924
post Jun 14 2025, 04:45 PM

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better to just choose bitcoin, the rest won't make another new ath or stable as bitcoin. alt season suddenly disappear into air.. only can wait and see while DCA btc for stability investment.
GalaxyV
post Jun 17 2025, 04:52 PM

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Finally Luno's rate is back to normal now.

1USD = RM4.24
desmond0806
post Jun 26 2025, 12:38 PM

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QUOTE(jack2 @ Jun 9 2025, 02:03 PM)
Constantly withdrawing is not safe at all which will lead the closure of bank acc if the bank suspects you leveraging with illegal financla scheme
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In that case, what's the advice to prevent account closure (from Banks and Luno account closure) due to withdrawing for large amount?

This post has been edited by desmond0806: Jun 26 2025, 12:46 PM
SUSSyok Your Mom
post Jun 30 2025, 02:36 PM

Dupe!? Who what dupe? I'm a Senior Member now DUDE!
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QUOTE(desmond0806 @ Jun 26 2025, 12:38 PM)
In that case, what's the advice to prevent account closure (from Banks and Luno account closure) due to withdrawing for large amount?
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Due to AMLA, if you deposit RM 10k daily into your bank account but your bank info you say you are a student or earn 36k annually of course either Bank or Luno will get suspicious
poooky
post Jul 1 2025, 06:59 AM

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QUOTE(GalaxyV @ Jun 17 2025, 04:52 PM)
Finally Luno's rate is back to normal now.

1USD = RM4.24
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How you check the rate? Just take luno price / Google exch rate and compare with coin USD price?
sleepwalker
post Jul 1 2025, 07:47 AM

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QUOTE(poooky @ Jul 1 2025, 06:59 AM)
How you check the rate? Just take luno price / Google exch rate and compare with coin USD price?
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It's been explained many times that Luno Malaysia sells bitcoin in MYR and not USD. That is the bid/sell price you see in the Exchange where Bitcoin is sold and bought in MYR. Bitcoin prices are not converted from USD to MYR. So there are times that the price in the exchange does not match the exchange rate as Luno Malaysia is a much smaller market. Luno Malaysia is a local exchange only open for traders from Malaysia (with Malaysian IC) and it's not a global exchange.
GalaxyV
post Jul 1 2025, 09:52 AM

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QUOTE(poooky @ Jul 1 2025, 06:59 AM)
How you check the rate? Just take luno price / Google exch rate and compare with coin USD price?
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Luno price / Current bitcoin price in USD in major exchanges Vs Current USD rate

QUOTE(sleepwalker @ Jul 1 2025, 07:47 AM)
It's been explained many times that Luno Malaysia sells bitcoin in MYR and not USD. That is the bid/sell price you see in the Exchange where Bitcoin is sold and bought in MYR. Bitcoin prices are not converted from USD to MYR. So there are times that the price in the exchange does not match the exchange rate as Luno Malaysia is a much smaller market. Luno Malaysia is a local exchange only open for traders from Malaysia (with Malaysian IC) and it's not a global exchange.
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Yes, it is just a comparison. I also afraid to make many withdrawals now and slowly change to other ways.
GalaxyV
post Jul 1 2025, 08:21 PM

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Habis lah

You have transacted on your Luno account over the last month and will be receiving an e-invoice from Luno Malaysia in the form of a PDF for all your transactions during that period.

Each e-invoice will reflect all applicable transactions made through your Luno account during the relevant month such as buys, sells, deposits, withdrawals, etc. They will also include fee details and applicable taxes, where relevant.
SUSSyok Your Mom
post Jul 8 2025, 09:27 AM

Dupe!? Who what dupe? I'm a Senior Member now DUDE!
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QUOTE(GalaxyV @ Jul 1 2025, 08:21 PM)
Habis lah

You have transacted on your Luno account over the last month and will be receiving an e-invoice from Luno Malaysia in the form of a PDF for all your transactions during that period.

Each e-invoice will reflect all applicable transactions made through your Luno account during the relevant month such as buys, sells, deposits, withdrawals, etc. They will also include fee details and applicable taxes, where relevant.
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Means LHDN is zooming in on Luno users ?
John Chaser
post Jul 11 2025, 05:00 PM

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Omg, Eth and bitcoin are flying.

This post has been edited by John Chaser: Jul 11 2025, 05:01 PM
SUSSyok Your Mom
post Jul 12 2025, 01:41 PM

Dupe!? Who what dupe? I'm a Senior Member now DUDE!
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ya, the price rally to the moon
GTA5
post Jul 13 2025, 11:38 AM

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XLM is the coin to watch right now.

At it's current price, still got room to go.

Disclaimer: This is not a buy call. Just an observation. Buy at your own risk with money you can afford to lose.
TongCN
post Jul 14 2025, 11:08 AM

Look ma, I have lots stars :D
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QUOTE(GalaxyV @ Jun 17 2025, 04:52 PM)
Finally Luno's rate is back to normal now.

1USD = RM4.24
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The rate off again, lol
Singh_Kalan
post Aug 2 2025, 10:05 PM

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Sorry i m new to crypto.

Why sending BTC from Luno/Hako to another wallet cost so much (RM28/18)?? I though the network fee only few ringgit.
Most sg crypto exchange only charge network fee for sending crypto

This post has been edited by Singh_Kalan: Aug 2 2025, 10:31 PM
Medufsaid
post Aug 3 2025, 02:11 AM

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Singh_Kalan send xrp instead as it's the cheapest fee in luno
SUSSyok Your Mom
post Aug 25 2025, 07:56 AM

Dupe!? Who what dupe? I'm a Senior Member now DUDE!
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Luno fees always high like KLCC

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