Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Luno Malaysia, Your experience, reviews, thoughts

views
     
FatalExe
post Dec 22 2017, 10:20 PM

On my way
****
Senior Member
695 posts

Joined: Jan 2008


QUOTE(noleave @ Dec 22 2017, 09:45 PM)
My fund has been stucked in Luno since last week. Anyone know if there's anyway to take the money out, maybe send to Singapore Bank account?
*
Use it to buy BTC/ether and sell it on other exchanges like localbitcoins
FatalExe
post Dec 22 2017, 10:42 PM

On my way
****
Senior Member
695 posts

Joined: Jan 2008


QUOTE(elementum @ Dec 22 2017, 10:28 PM)
if you can't convert your btc/eth to fiat through luno, what other option do we have?
*
Sell your ether or bitcoin in other exchange like localbitcoins
FatalExe
post Dec 22 2017, 11:10 PM

On my way
****
Senior Member
695 posts

Joined: Jan 2008


QUOTE(elementum @ Dec 22 2017, 10:45 PM)
Would they send the fiat back to our local bank account? I've been using luno only all these while....
*
Local bit coins is a peer to peer exchange , u deal direct with customers, after they bank in to you only you will release and send the coins to your buyer
FatalExe
post Dec 24 2017, 06:43 PM

On my way
****
Senior Member
695 posts

Joined: Jan 2008


I do not believe Luno will run at all. Why would they give up on an entire country's worth of revenue and profit, especially when Crypto finally made it to the mainstream now?

The only thing worrying is BNM and May bank. Who knows what they will do to Luno and the local exchanges

This post has been edited by FatalExe: Dec 24 2017, 06:43 PM
FatalExe
post Jan 11 2018, 08:03 PM

On my way
****
Senior Member
695 posts

Joined: Jan 2008


QUOTE(NiiM @ Jan 11 2018, 07:03 PM)
» Click to show Spoiler - click again to hide... «


Their exchange are also still showing RM 70k+ prices unfortunately.

I'm suppose to do this?

» Click to show Spoiler - click again to hide... «

*
Still cheaper than your instant buy rate. U have no choice but to buy from exchange.
FatalExe
post Sep 26 2018, 01:31 PM

On my way
****
Senior Member
695 posts

Joined: Jan 2008


QUOTE(mrluno @ Sep 24 2018, 05:23 PM)
Hi guys, just want to clarify that we are still operating directly from the KL office in Malaysia. I understand that there must be some doubts on why it has taken so long. However, given that cryptocurrencies are such a new industry -- there is still a lot of uncertainty from the banks and regulators on how to deal with it.

We have put in a lot of hard work, and made progress over the last couple of months. However it is still not to the level where we can announce that deposits are open already. Rest assured, we will continue to push this until it happens.

Lastly, no, we are not giving up and we are not closing the Malaysia office. We actually have big plans to expand in Malaysia. However we will need to get the deposits up first.

Apologies again that it has taken so long. Hope to give a more detailed update in the near future.
*
Why so many exchanges open with full license, withdrawal and deposit since then but you can't progress?

 

Change to:
| Lo-Fi Version
0.0192sec    0.36    7 queries    GZIP Disabled
Time is now: 6th December 2025 - 05:35 PM