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 Luno Malaysia, Your experience, reviews, thoughts

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1wildcat1
post Dec 20 2017, 02:22 PM

I'm still a n00b :(
******
Senior Member
1,371 posts

Joined: Jun 2008


QUOTE(jack2 @ Dec 20 2017, 12:44 PM)
I hope Luno is getting permanently banned by BNM

https://www.luno.com/help/en/articles/11000...oin-or-ethereum

This is totally bullshit.

If you send more than BTC 10 or ETH 20 per 24 hours, your send transaction will remain pending until we process it.

This means for BTC10 or ETH20 as per 24 hours period, it is instant.

They mislead the public and certainly will get punished by BNM and Maybank.
*
What are you implying here? You want to send >10 BTC a day?
1wildcat1
post Nov 18 2022, 12:09 AM

I'm still a n00b :(
******
Senior Member
1,371 posts

Joined: Jun 2008


QUOTE(Ross_Luno_MY @ Nov 17 2022, 02:02 AM)
Hello

We’d like to reassure everyone that Luno Malaysia’s operations are not impacted by the recent announcement by Genesis Capital (Genesis’ lending arm).

1) If you can kindly go onto Twitter you can read a statement from our CEO, @marcswane
(I apologise I am unable to share the link as LowYat doesn't let me share links yet)


2) There is also a blog update to reassure that all LUNO customer funds are safe.
- Please go to Google and type "An update on Luno’s Savings Wallet" and you should be able to find it


Additionally, the Savings Wallet has never been operating in MY.
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Funds definitely not SAFU - but with Sifu instead. Recommend to withdraw from Luno; not your keys not your coins.

Contagion effect from FTX is a real risk - why risk it?

NFA just my 2 cents!

 

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