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 Luno Malaysia, Your experience, reviews, thoughts

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Michael_Lee
post Aug 16 2017, 04:40 AM

On my way
****
Senior Member
638 posts

Joined: Apr 2012
From: Melaka



Newbie here, signed up on Luno today. And bought little BTC too.
Michael_Lee
post Aug 16 2017, 04:37 PM

On my way
****
Senior Member
638 posts

Joined: Apr 2012
From: Melaka



QUOTE(scorptim @ Aug 16 2017, 12:51 PM)
You all registered with luno or luno Malaysia? Anyone confirmed yet if luno Malaysia is legit and is actually linked to luno?
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I registered with Luno, I don't know about Luno Malaysia tongue.gif I purchased since it supports MYR. Luno are formerly known as BitX Malaysia SDN. BHD.

This post has been edited by Michael_Lee: Aug 16 2017, 04:38 PM


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Michael_Lee
post Jun 9 2023, 07:10 PM

On my way
****
Senior Member
638 posts

Joined: Apr 2012
From: Melaka



QUOTE(KronenZerg @ Jun 3 2023, 11:44 PM)
yeah .. same question ..is Luno safe? i still have cryto inside but hvnt try transferring back the value to RM@ bank account.
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Luno is regulated by Malaysia Government. I would say it's still safe.
Michael_Lee
post Jun 10 2023, 12:07 AM

On my way
****
Senior Member
638 posts

Joined: Apr 2012
From: Melaka



QUOTE(KronenZerg @ Jun 9 2023, 11:31 PM)
thanks for your response ..
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But still a reminder, they are hot wallet not cold wallet(from what I known) , and not PIDM coverage.

TDLR: If Luno goes "south" like bankruptcy or no liquidity at all means your all assets goes *poof* too. Not FUD just make sure invest with due diligence. Be recommend if you still want holding crypto, best solution is to get a cold wallet. icon_rolleyes.gif

 

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