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 Luno Malaysia, Your experience, reviews, thoughts

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Andrew Lim
post Dec 9 2017, 12:11 AM

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QUOTE(Azurika @ Dec 8 2017, 12:10 PM)
If luno dont work, use another platform lo ....
I managed several ETH below 400 yesterday biggrin.gif
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What other platforms do you use? Mind sharing? console.gif
jack2
post Dec 9 2017, 01:35 AM

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QUOTE(TianJian @ Dec 8 2017, 12:26 PM)
any1 use luno trade before ?
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nobody uses it. Don't use. It is not good
ericlaiys
post Dec 9 2017, 06:23 PM

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QUOTE(castiel_chris @ Dec 8 2017, 09:37 AM)
anyone cash out from Luno apps before? how long does it takes to bank in the MYR to our account?  Can i cash it all out or i have to leave a certain amount inside?
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u can cash out all. I have done it before. That times 1-2 days depend congested or not
ericlaiys
post Dec 9 2017, 06:24 PM

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QUOTE(jack2 @ Dec 9 2017, 01:35 AM)
nobody uses it. Don't use. It is not good
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I'm using it to buy eth or btc. Dont buy/sell direct. It's more expensive with fees. Trade without any fees ( if not rushing)
ericlaiys
post Dec 9 2017, 06:25 PM

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QUOTE(Azurika @ Dec 8 2017, 12:10 PM)
If luno dont work, use another platform lo ....
I managed several ETH below 400 yesterday biggrin.gif
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yup. now is the best time to get eth since it went down badly
ronho
post Dec 9 2017, 10:10 PM

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QUOTE(ericlaiys @ Dec 9 2017, 06:24 PM)
I'm using it to buy eth or btc. Dont buy/sell direct. It's more expensive with fees. Trade without any fees ( if not rushing)
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can tell more bro ?? tx

Azurika
post Dec 9 2017, 11:01 PM

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QUOTE(Andrew Lim @ Dec 9 2017, 12:11 AM)
What other platforms do you use? Mind sharing?  console.gif
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For starters, there is coinbase.
ericlaiys
post Dec 10 2017, 02:57 PM

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QUOTE(ronho @ Dec 9 2017, 10:10 PM)
can tell more bro ?? tx
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always use "Exchange". Buy and sell according to latest price without fees. If u buy/sell from wallet, they will charge fee & below market price. A lot of people dunno.
ronho
post Dec 10 2017, 03:06 PM

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QUOTE(ericlaiys @ Dec 10 2017, 02:57 PM)
always use "Exchange". Buy and sell according to latest price without fees. If u buy/sell from wallet, they will charge fee & below market price. A lot of people dunno.
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which platform you think is best bro ?
thinking to jump on the boat

thinking to buy ethereum

This post has been edited by ronho: Dec 10 2017, 03:31 PM
epool86
post Dec 11 2017, 11:58 AM

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hi, can someone explain how to trade without being charge 1% fee.

it said if I buy, i should offer higher than market price its free. but still i being charge 1%. If i sell lower than market price it should be free but still i being charged 1%. can some one explain how it work? maybe i understand it wrong.

Wingz33
post Dec 11 2017, 12:52 PM

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Hi, I am a newbie. I want to learn more about bitcoin. Any recommended so I can learn how to buy/sell bitcoin at the right timing?
num123
post Dec 11 2017, 12:58 PM

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started using it before last week's crazy bull run. cashed out yesterday night. so far so good.
philipskardon
post Dec 11 2017, 01:01 PM

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you can cash out all, take 3 days max. you will receive a notice stating how long and estimated date when withdrawing
Eoma
post Dec 11 2017, 01:07 PM

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QUOTE(epool86 @ Dec 11 2017, 11:58 AM)
hi, can someone explain how to trade without being charge 1% fee.

it said if I buy, i should offer higher than market price its free. but still i being charge 1%. If i sell lower than market price it should be free but still i being charged 1%. can some one explain how it work? maybe i understand it wrong.
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U got it reversed.
Basically, if your trade (buy or sell) is fulfilled immediately = you get charged the 1% fee.

So if you want to buy, put a price that is lower than the current highest buy offer or the same as the current buy offer.
But be aware, that during the time you click/tap and your offer becomes the highest buy offer (above what is currently being queued) and is fulfilled immediately, you will be charged.

Similarly, if you are selling, putting a price higher than the current lowest sell price, will avoid getting charged the fee.

To put the above in numbers:

Current highest buy offer, RM100, Current lowest sell offer RM101. You put RM101 to buy, It will be fulfilled immediately (since someone is offering to sell at RM101), so you will be charged 1% fee.
So to avoid the fees, you put RM99 (or RM100).

When selling, if the lowest sell price is RM101, and the current highest buy offer is RM100, and you got put RM100, it will be sold immediately and you will be charged. So to avoid fees, you q at RM101 or RM102.
timo1003
post Dec 11 2017, 01:53 PM

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QUOTE(Azurika @ Dec 9 2017, 11:01 PM)
For starters, there is coinbase.
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How do you use coinbase with myr? They accept it? Or you convert myr to other currencies? And then send to coinbase from a foreign bank account?
Azurika
post Dec 11 2017, 03:06 PM

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QUOTE(timo1003 @ Dec 11 2017, 01:53 PM)
How do you use coinbase with myr? They accept it? Or you convert myr to other currencies? And then send to coinbase from a foreign bank account?
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I have US drivers license and bank account. I also have account in Aus and EU , lol ...
ericlaiys
post Dec 11 2017, 04:36 PM

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QUOTE(Wingz33 @ Dec 11 2017, 12:52 PM)
Hi, I am a newbie. I want to learn more about bitcoin. Any recommended so I can learn how to buy/sell bitcoin at the right timing?
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there is no right timing.buy when u feel it right. From what i can see, it is going to keep going up.
ericlaiys
post Dec 11 2017, 04:37 PM

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QUOTE(epool86 @ Dec 11 2017, 11:58 AM)
hi, can someone explain how to trade without being charge 1% fee.

it said if I buy, i should offer higher than market price its free. but still i being charge 1%. If i sell lower than market price it should be free but still i being charged 1%. can some one explain how it work? maybe i understand it wrong.
*
If you use exchange, just put the price that u want to sell/buy. Dont put the latest price. Wait for buyer/seller pick your price. Then it wont inccur 1% fees
ericlaiys
post Dec 11 2017, 04:38 PM

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QUOTE(ronho @ Dec 9 2017, 10:10 PM)
can tell more bro ?? tx
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-deleted. double post-

This post has been edited by ericlaiys: Dec 11 2017, 04:39 PM
timo1003
post Dec 12 2017, 01:21 AM

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QUOTE(Azurika @ Dec 11 2017, 03:06 PM)
I have US drivers license and bank account. I also have account in Aus and EU , lol ...
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I see. biggrin.gif No wonder. Lucky you. Most of us are stuck with shitty RM exchange/sellers.

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