the transfer fee is more expensive than the balance 

if you guys have a lot of bitcoins, will you transfer to luno and sell at market price? potentially risking your RM being stuck there forever? funny peeps. blame government,  blame luno, blame here blame there.

for those who blame LHDN, luno is running a business in malaysia. let say they didnt declare anything nor pay tax to our country. so its wrong to audit and freeze their accounts just in case they transfer all the money out of malaysia?

for those who blame luno for high btc price, who the hell in their mind will transfer btc to luno and sell at market price at current condition ? ask yourself, why you want to buy btc? to transfer to other places.

peeps, high risk high return. there is no way, no risk high return. good luck.

You made a good point. People still die die stay in Luno because Luno price is 20-30% higher than market price. If you transfer out and sell, you loss that 20-30%. So it is a gamble. By the way, if the issue been solved, i believe immediately the price will back to market price. So no point keep money in Luno in my opinion. You risk your own money there!

It is already higher, so you can always sell now and keep the fiat in Luno's system. Either withdraw when systems are back online or buy again at a discount.

So you can buy at Luno price?

Can advise secure wallet app?
How to setup paper wallet?

Anyone actually try to buy cheap from Remi and sell at Luno price (usually higher)? The difference can be up to 20k.

Which btc wallet?
Can suggest 1?

Oh is it secure?
Currently i am using remitano...
I been using binance since early dec....

Hi Weichi,

Which one is better ... Remitano or LocalBitcoins? At Remitano, I saw sell BTC at RM45,389.21. Is it mean I will get RM31772.447 if I sell 0.7 BTC? Thank you.

How do you transfer ?

After 1 month still not resolve with lhdn… think luno is dead in malaysia

Already lahhh… just that since malaysia has very little option when it comes to crypto trading the more option the better lahhh as it not only provide option conpetition etc…

Update - We’ve had positive meetings with the IRB this week. We are making progress and will continue updating customers regularly on this page as and when we have more details that we can share. We’ll send out wider communication via email, in the Luno apps and on social media once the issue has been completely resolved.
Jan 31, 15:51 UTC

https://luno.statuspage.io/incidents/lzzrvb1mq51y

Simple reason. Luno price is the highest for BTC and ETH. How many people willing to transfer to other exchanges and sell at 20% lower price? This is Luno tactic since their account being frozen by IRB. Believe me, once the account is back to normal, Luno will use market price. Again, when the account will be back to normal ? Take your own risk if still keep in Luno. You will always have the option to transfer back and sell in Luno if the withdrawal option is available.

before this incident LUNO price is already >10% higher than market price due to high demand low supply in Malaysia.

If not their tactic and it is demand and supply per link given. Then question is, will you buy BTC or ETH at 20% higher price than market price through Luno?

CoinHako seems to have a taken a precautionary approach compared to Luno which banking operations have been suspended.

Read carefully , do not get excited about the updates. It tells nothing new. It says that IRB agreed to unfreeze their account WHILE it completes the investigation. This is merely stating IRB's Standard Operating Procedure . It is good if the outcome of the investigation is postive. If the IRB concludes that there is something fishy about the exchange and decides to crack down LUNO , good luck in getting back your money.