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 Luno Malaysia, Your experience, reviews, thoughts

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ericlaiys
post Dec 30 2017, 04:01 PM

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Anyone still at luno. Update stay tuned- get in luno-https://www.lowyat.net/2017/148830/bnm-cryptocurrency-exchange-rumor/
empire177
post Dec 30 2017, 05:02 PM

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QUOTE(Angelodeath @ Dec 29 2017, 06:18 PM)
guys need some advice, on the best way to lose at minimum.

My MYR stuck in luno now, only way to withdraw is buy BTC or ETH then transfer to other MYR support exchanges ( coinhako / remitano ). But i'll lose a lot in terms of rates (Luno to buy BTC @ RM 69,118.00 , CoinHako to sell BTC @ RM55,878.00)

Any idea how to minimise cost?
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Depending on the amount you have stucked in Luno, I would choose to just buy ETH or BTC and just transfer to an exchange and buy some altcoins.
empire177
post Dec 30 2017, 05:05 PM

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QUOTE(ericlaiys @ Dec 30 2017, 04:00 PM)
Gst in luno - stay tuned...https://www.lowyat.net/2017/148830/bnm-cryptocurrency-exchange-rumor/
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Already need to eat spreads.. Still need to pay GST. If that's really the case, majority of the people will go for other alternatives.
jack2
post Dec 30 2017, 05:05 PM

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This case is not so easy to settle. Accordingly, BNM published the news that Bitcoin is not a legal tender. Thus MBB has to do homework to avoid penalty.
yaihst84
post Dec 30 2017, 09:33 PM

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QUOTE(klthor @ Dec 28 2017, 05:30 PM)
lol, coinhako is expensive... i remember when you withdraw RM have addition charge too. im testing my xbitasia soon...
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are sure its not 0.0002? Xbit asia new registration on hold.

yaihst84
post Dec 30 2017, 09:42 PM

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QUOTE(elementum @ Dec 30 2017, 01:32 AM)
Anyone knows which exchange can convert ZEC to eth directly without converting zec to btc first then only to eth?
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i'm using cryptonator
jack2
post Dec 30 2017, 10:26 PM

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why remitano can't buy sell?
timo1003
post Dec 31 2017, 03:19 AM

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QUOTE(Ivan113 @ Dec 27 2017, 05:54 PM)
if you transfer all btc in Luno to external wallet, it'll cost zero, I do not know why either. Don't blame the bitcoin core developers, or any other developers of other areas, they done alot more work compared to us that only whines and twits in social media.
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Ah. A bitcoin maximalist. If you think the high fee issue is alright (merely because it doesn't affect you but affects many others), then by all means hold your btc till 2021 or beyond. Bitcoin is it its state today because of the developers. End of. Don't need apologist remarks. And what do you say then about the other cryptos that can be transferred with much lower fees (because lower volume (something you read from r/Bitcoin or core/blockstream shills)? Even btc is slowly losing adoption by businesses. This can't be denied.
CyberSundayz
post Dec 31 2017, 10:37 AM

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Guys, if we transfer eth from luno to coinhako, how much is the fee?
banggala
post Dec 31 2017, 12:53 PM

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Hi guys, wanna ask. If use luno wallet and transfer to other address does it charge flat rate or by %?
terradrive
post Dec 31 2017, 02:02 PM

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QUOTE(CyberSundayz @ Dec 31 2017, 10:37 AM)
Guys, if we transfer eth from luno to coinhako, how much is the fee?
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0.0015 eth from luno

This post has been edited by terradrive: Dec 31 2017, 02:02 PM
Flaxnot
post Dec 31 2017, 02:49 PM

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why is bitcoin trading at such a high price in Luno?
cofin
post Dec 31 2017, 04:37 PM

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QUOTE(Flaxnot @ Dec 31 2017, 02:49 PM)
why is bitcoin trading at such a high price in Luno?
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i think no liquidity .... no buyer that is dinasaur age price

coinhako also doesnt credit my deposite money ......hiaz

i think its better for P2P
jack2
post Dec 31 2017, 06:49 PM

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QUOTE(Flaxnot @ Dec 31 2017, 02:49 PM)
why is bitcoin trading at such a high price in Luno?
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Because people can't receive cash and thud buy ya buy ya btc to exchange cash at loss. Hehe
nikazwa
post Jan 1 2018, 08:34 AM

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[quote=shuffian,Dec 30 2017, 12:18 PM]no choice dude, it will go up or buy when is low to regain your eth

..

This post has been edited by nikazwa: Jan 1 2018, 08:39 AM
nikazwa
post Jan 1 2018, 08:37 AM

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QUOTE(elementum @ Dec 30 2017, 12:24 AM)
I lost like rm70 to do this but rather than to leave it in luno, i move it out with that kinda cost...
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You lost rm 70 or rm 70k..how it happened? If 70k is a big amount of money

nikazwa
post Jan 1 2018, 09:05 AM

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If your money stuck in luno you cancell the transaction and buy btc or ethc in luno..later you transfer the btc or ethc to coinhako or any platforms..this is due to luno recent problem with maybank or other banks in malaysia.

This is the only way for you to save your money and when you sell your btc or etch in coinhoko they will give you low rate , for eg if you sell 1 btc you easily lose 6k or 7k like that.

But if you dont need money now you can leave your btc or etch in coinhako let the price increases then only you sell.

Like my case I transfer all my btc to coinhako and sell them all.I lost some money which is ok then lose all my money in luno.my experience with coinhako is very good.I made few withdrawal and the money deposited in my maybank very fast sometime in 2 hours like that.

If you believe in luno no harm leave your btc or etch with them.they just need sometime to solve their problems. The best about luno is their buy rate or sale rate is the same meaning everytime the btc or etch price increases you make profit on the spot.unlike coinhako you have to let the price increases very far then only you make some profit.

Both have pros and cons..ask yourself what the best for you.for me after having bad experience with luno where i almost lost my big capital there i become more suspicious about btc or alike.i better look for save investments that approve by govt.
sonypshomer
post Jan 1 2018, 09:34 AM

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QUOTE(nikazwa @ Jan 1 2018, 09:05 AM)
If your money stuck in luno you cancell the transaction and buy btc or ethc in luno..later you transfer the btc or ethc to coinhako or any platforms..this is due to luno recent problem with maybank or other banks in malaysia.

This is the only way for you to save your money and when you sell your btc or etch in coinhoko they will give you low rate , for eg if you sell 1 btc you easily lose 6k or 7k like that.

But if you dont need money now you can leave your btc or etch in coinhako let the price increases then only you sell.

Like my case I transfer all my btc to coinhako and sell them all.I lost some money which is ok then lose all my money in luno.my experience with coinhako is very good.I made few withdrawal and the money deposited in my maybank very fast sometime in 2 hours like that.

If you believe in luno no harm leave your btc or etch with them.they just need sometime to solve their problems. The best about  luno is their buy rate or sale rate is the same meaning  everytime the btc or etch price increases you make profit on the spot.unlike coinhako you have to let the price increases very far then only you make some profit.

Both have pros and cons..ask yourself what the best for you.for me after having bad experience with luno where i almost lost my big capital there i become more suspicious about btc or alike.i better look for save investments that approve by govt.
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BTC is dropping we want to quickly dump all and buy XRP.

Changelly is no longer list XRP and Shapeshift mining charger is so freaking high.
jack2
post Jan 1 2018, 11:15 AM

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If you plan to sell in coinhako for low price, you can consider to buy some good altcoins and you can easily make 50% a day.

I gave several signals in my private groups last 2 days and all.of them having good start of 2018.

Huhu
elementum
post Jan 1 2018, 03:23 PM

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QUOTE(nikazwa @ Jan 1 2018, 08:37 AM)
You lost rm 70 or rm 70k..how it happened? If 70k is a big amount of money
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RM70. If 70k, i would be going into depression mode and probably suicidal already..... biggrin.gif

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