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 Luno Malaysia, Your experience, reviews, thoughts

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FoxSeaTiger
post Jan 2 2018, 09:59 PM

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QUOTE(Baby1985 @ Jan 2 2018, 10:52 PM)
Luno still cant solve the problem?
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Yeah look like that. This because of BNM.

If I covert my money to btc or eth. I will lose RM700 zzz
ericlaiys
post Jan 2 2018, 10:01 PM

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QUOTE(FoxSeaTiger @ Jan 2 2018, 09:38 PM)
To many thing need to verify in coinhako
I saw coinako in the list of bnm. Soon will have the same fate like luno?

My money still stuck at luno sad
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as every people say " invest money that u can afford to lose". Dont put a lot like few k.
one exchange got problem, just move to binance.
Plus coinhako is sg company. malaysia cannot do anything except prevent deposit / withdraw from myr bank.
Same as luno. Just move to eth. transfer out to another exchange before luno (close shop- in case bad thing happen....)
I only got RM 28 BTC. Cannot move out coz less than 0.0005.
in bright side, luno BTC is 68k....lol
ericlaiys
post Jan 2 2018, 10:04 PM

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QUOTE(FoxSeaTiger @ Jan 2 2018, 09:59 PM)
Yeah look like that. This because of BNM.

If I covert my money to btc or eth. I will lose RM700 zzz
*
transfer half. It is better that u lost a bit rather total lost.
i also loss when transfer but at least i cut my loss now rather than .....
if u believe luno can solve their issue, then stay.

FoxSeaTiger
post Jan 2 2018, 10:15 PM

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QUOTE(ericlaiys @ Jan 2 2018, 11:01 PM)
as every people say " invest money that u can afford to lose". Dont put a lot like few k.
one exchange got problem, just move to binance.
Plus coinhako is sg company. malaysia cannot do anything except prevent deposit / withdraw from myr bank.
Same as luno. Just move to eth. transfer out to another exchange before luno (close shop- in case bad thing happen....)
I only got RM 28 BTC. Cannot move out coz less than 0.0005.
in bright side, luno BTC is 68k....lol
*
Ah why luno btc 68k market now 56k lol
Baby1985
post Jan 2 2018, 11:00 PM

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QUOTE(FoxSeaTiger @ Jan 2 2018, 09:59 PM)
Yeah look like that. This because of BNM.

If I covert my money to btc or eth. I will lose RM700 zzz
*
Thanks


Anyone of you try to withdraw to SG bank? How much the transfer fee?
shuffian
post Jan 3 2018, 08:07 AM

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QUOTE(miyakochan89 @ Jan 1 2018, 07:56 PM)
Is coinhako good? Reliable and fast?
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cant say is good but one of few wallets can be reliable at moment, i still put my hopes on luno wait them solve their issues with bnm

This post has been edited by shuffian: Jan 3 2018, 08:09 AM
liquid_angel86
post Jan 3 2018, 10:50 AM

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QUOTE(mois @ Jan 3 2018, 09:59 AM)
Coinbase rate want? I help you clear your stucked fund in luno.
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Almost RM600 cheaper... cry.gif cry.gif
countmybones
post Jan 3 2018, 11:12 AM

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QUOTE(FoxSeaTiger @ Jan 2 2018, 09:38 PM)
To many thing need to verify in coinhako
I saw coinako in the list of bnm. Soon will have the same fate like luno?

My money still stuck at luno sad
*
Where did you see coinhako in BNM list? I can't find it in BNM website.
shawnloong
post Jan 3 2018, 11:25 AM

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Guys, what is the best way to cash out right now?

loki
post Jan 3 2018, 11:31 AM

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QUOTE(FoxSeaTiger @ Jan 2 2018, 09:38 PM)
To many thing need to verify in coinhako
I saw coinako in the list of bnm. Soon will have the same fate like luno?

My money still stuck at luno sad
*
y stuck? just transfer out the btc to coinhako and sell

shawnloong
post Jan 3 2018, 11:38 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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Sorry just want to get it right, so we can still withdraw MYR (cash out) via coinhako? Thinking of moving away from Luno

This post has been edited by shawnloong: Jan 3 2018, 11:38 AM
alpinev18
post Jan 3 2018, 12:26 PM

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QUOTE(shuffian @ Jan 3 2018, 08:07 AM)
cant say is good but one of few wallets can be reliable at moment, i still put my hopes on luno wait them solve their issues with bnm
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Can we withdraw from Coinhako to local bank accounts ??
FoxSeaTiger
post Jan 3 2018, 01:42 PM

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QUOTE(countmybones @ Jan 3 2018, 12:12 PM)
Where did you see coinhako in BNM list? I can't find it in BNM website.
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They said it through media
klthor
post Jan 3 2018, 02:59 PM

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not to spread terror, but this isnt the first time i see an exchange platform freeze by bank. i started trading quite long ago with coinbox, same issue happens. discussion never ending, i guess its still not solved until today (roughly 1 year ago).

as long as luno did not collect your personal data such as a copy of IC, proof of address AKA 'know your customer', bank negara isnt going to budge a single step. that is why luno is banned but coinhako isnt (at least for now), simply because coinhako collect all its users data. i believe half or over half of luno users do not submit their IC and proof of address. if you are familiar with openning offshore accounts, you will know what i mean.
Coup De Grace
post Jan 3 2018, 03:21 PM

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QUOTE(klthor @ Jan 3 2018, 02:59 PM)
not to spread terror, but this isnt the first time i see an exchange platform freeze by bank. i started trading quite long ago with coinbox, same issue happens. discussion never ending, i guess its still not solved until today (roughly 1 year ago).

as long as luno did not collect your personal data such as a copy of IC, proof of address AKA 'know your customer', bank negara isnt going to budge a single step. that is why luno is banned but coinhako isnt (at least for now), simply because coinhako collect all its users data. i believe half or over half of luno users do not submit their IC and proof of address. if you are familiar with openning offshore accounts, you will know what i mean.
*
I see. Quite alarming

So using Remitano is better to cash out?
xinmay
post Jan 3 2018, 03:29 PM

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Anyone encounter remitano server down now? I can't login
klthor
post Jan 3 2018, 04:04 PM

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QUOTE(Coup De Grace @ Jan 3 2018, 03:21 PM)
I see. Quite alarming

So using Remitano is better to cash out?
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this i do not know, i planned to cash out all my money before Dec'17 but was only done around 12 Dec which is days before luno accounts got frozen. im quite lucky. im using luno and xbitasia, the last i cash out is from luno. since luno is larger in size compare to coinbox, hopefully they can find a way out from this. i didnt expect BNM take action so fast... i was thinking mostly around jan they will announce and start taking action.
miyakochan89
post Jan 3 2018, 04:19 PM

Wut?
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QUOTE(joeylny @ Jan 1 2018, 09:21 PM)
ive been using for bout 2 mths now. its just to buy/sell  BTC n ETH ..its not p2p
rates is slightly higher but its fast n interface is easy to use..

but if u wanna trade then use binance or quoine
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QUOTE(ericlaiys @ Jan 1 2018, 09:53 PM)
yup. i'm using it. Reliable or not, i dunno. But i know that deposit and withdrawal is working for few times.
It even help me to transfer to binance.
Can buy eth or btc but to sell , it is more expensive (big gap).
pm for referral
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Have you all made any recent transactions with Coinhako? As I see that it's quite dead in social networks, that's why.

I always use Remitano but I do find their fees a bit high.
nikazwa
post Jan 3 2018, 04:58 PM

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I quit btc already but i can share my experience of transferring my btc fr luno to coinhako and get my money back into my maybank..uncertainties here and there made me felt saving my original capital is important than making profit from btc..also luno made me scare of any platforms dealing with btc and etch
joeylny
post Jan 3 2018, 05:09 PM

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QUOTE(miyakochan89 @ Jan 3 2018, 04:19 PM)
Have you all made any recent transactions with Coinhako? As I see that it's quite dead in social networks, that's why.

I always use Remitano but I do find their fees a bit high.
*
yeah i just withdraw some eth today..
its still active but i wouldnt put a lot money in it in case same thing wif luno happens but its fast.. i bank in same day.. 30 mins late my funds are in my coinhako acct n i can but btc/eth right away.. .. its good if u want to buy eth n btc fast but its not p2p so cant really trade there

Can check out Binance.. if u need referral link can pm me biggrin.gif


This post has been edited by joeylny: Jan 3 2018, 05:09 PM

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