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 Luno Malaysia, Your experience, reviews, thoughts

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abdrahib
post Jun 19 2019, 07:28 AM

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QUOTE(pikeydude @ Jun 4 2019, 07:54 PM)
Now that Luno is one the 3 exchanges granted conditional approval by SC, there should be more level of trustworthy compare to others, I think.
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I think between the 3 exchanges,Luno will lead and more prominance.So just wait until Sept19,the 3 excnages will be out to trade
and I think the prices will be competitive just like international standard.
abdrahib
post Jun 19 2019, 04:09 PM

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QUOTE(raynman @ Jun 19 2019, 08:19 AM)
I have existing accounts with Luno, Sinegy and Tokenize.

Meanwhile I use Remitano  smile.gif
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How come you already register at Sinegy and Tokeize.I cannot see their websites
So how to register.

abdrahib
post Jun 24 2019, 09:58 PM

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QUOTE(Wonderfag @ Jun 23 2019, 09:42 AM)
Hi fellow sifu, what is the best trusted alt platform for Luno as deposit bank money to btc?
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By Sept 19,Luno will get full liceance as 1 of 3 DAX in Malaysia.It has to follow international buy/sell price .Otherwise Luno will be left behind by remaining 2 DAX.They have to compete for investors.
abdrahib
post Jul 9 2019, 08:19 AM

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QUOTE(chonghe @ Jul 5 2019, 06:16 PM)
only 3 approved, luno, sinegy, tokenize
any feedback for using these exchanges?
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Luno is already operational,but deposit and withdrawal MYR is suspended.Deposit Btc from mining and other exchanges is allowed.
Trading buy/sell btc within the exchange is allowed and possible,but the price is too low,not following international
btc price.
abdrahib
post Jul 9 2019, 08:36 AM

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QUOTE(pikeydude @ Jul 2 2019, 11:04 AM)
I think I would only use the ones that will be fully approved by Securities Commission
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Of course the 3 DAX exchanges will be approved by SC once all mandatory requirements are met.
I have read the latest news that the exchanges operational is delayed by Mar 2020.Not very sure.
abdrahib
post Jul 13 2019, 06:40 PM

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QUOTE(budaita @ Jul 10 2019, 11:05 PM)
i will be surprised if remitano and localbitcoin can continue to operate smoothly after the 3 license exchanges start
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I am not surprised if both remitano and localbitcoin can continue operation because they are not Digital Asset Exchanges,but P2P exchanges.They cannot sell/buy ,deposit and withdraw in MYR.
abdrahib
post Aug 16 2019, 02:30 PM

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Luno now has a new interface getting ready perhaps for full fledge malaysia DAX in Sept 19 or latest by March20
abdrahib
post Sep 9 2019, 07:47 AM

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QUOTE(BooYa @ Jun 28 2019, 12:12 AM)
I tried to sign up at luno but they disabled new registration for now
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Try and register now (sept 19).Luno came out with new enhanced Web page.The only thing they never changed
the btc price (sell/buy).
abdrahib
post Sep 17 2019, 11:07 AM

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QUOTE(BooYa @ Sep 16 2019, 01:56 AM)
It says Luno is unavailable in my region sad.gif
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So,where are you residing.But,using internet,everywhere is accessible if internet is available

This post has been edited by abdrahib: Sep 17 2019, 11:09 AM
abdrahib
post Sep 19 2019, 10:09 AM

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QUOTE(jack2 @ Sep 18 2019, 09:02 PM)
Wonder when luno is reopened to allow deposit and trading.
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Just sign in and you can trade buy/sell btc,but the price is around rm10k only not around 40k.
That is why Luno is unpopular now.People got angry with Luno.
I try to join Remitano but I got problem,I cannot transfer Btc from my miner to Remitano direct.
But I can deposit my Btc to luno wallet from my miner.Now I am seeking information,whether I can
send my Btc from Luno to Remitano so that I can sell here.Anyone please help.
abdrahib
post Sep 19 2019, 10:13 AM

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QUOTE(BooYa @ Sep 18 2019, 02:10 PM)
from malaysia but it says unavailable
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Weird.May be fail or slow internet.Just sign in/register again.

abdrahib
post Sep 27 2019, 02:18 PM

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QUOTE(caloyness @ Sep 20 2019, 11:22 AM)
i'll try to explain for this time and hopefully you will understand.

to put it simple , pricing in any exchange is base on what the buying price currently the market have.
since luno is not active, the price is low is there's no user or traders inside the system right now.

prices will come back to normal once LUNO is open and operating again.
hope it answers your question
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Thank you for the above info.The big question is WHEN WILL LUNO BE ACTIVE WITH NORMAL TRADING PRICE.
Is it sometimes next year in March 2020 before Btc halfing?
abdrahib
post Oct 2 2019, 12:36 PM

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QUOTE(shahrul09 @ Oct 1 2019, 02:38 PM)
It is a closed environment exchanges for now.The fiat pair always like that since they close fiat deposit.
You cant buy it if you doesn’t have any fiat in the apps.. and the deposit aint working yet. So.. no actual real volume happen..
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Oh,now I understand.Still no fiat deposit to LUNO mr wallet.That means it is a close exchange.Buy MR for Btc or Sell Btc for MR vice versa.
abdrahib
post Oct 2 2019, 12:52 PM

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QUOTE(jack2 @ Sep 30 2019, 09:02 PM)
Luno is sending email to re-verification.
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E-Mail recieved on 30 sept.I think no need to verify again.Done previously when registering.
abdrahib
post Oct 9 2019, 02:57 PM

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QUOTE(jack2 @ Oct 5 2019, 08:19 AM)
Spend some time to read up fee posts above your post. Don't be lazy to ask and ask.
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Luno is very stingy on information.I wish to deposit money from Maybank and buy Btc in their exchange.I still dont know how to do it.
Btc is damn cheap in Luno only about 10k.Too good to be true.
abdrahib
post Oct 21 2019, 10:29 PM

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QUOTE(raynman @ Oct 21 2019, 09:02 AM)
This is the last email I received from Luno on June 11th 2019
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Latest email I got on 18/10/19.We will soon receive instruction to reactivate our account.I checked their website,trading is freezed.Price change to normal about RM34000.Almost same as Remitano.
So wait until fully open.

So thank you Luno.
abdrahib
post Oct 22 2019, 03:32 PM

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QUOTE(Manuk1188 @ Oct 22 2019, 02:53 PM)
https://www.thestar.com.my/business/2019/10...rrency-business

LUNO is back online. My money stuck they and it double, thanks to bitcoin goin up from jan til now...
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Not really doubling your money.Only Luno put the price low
not following international price.
abdrahib
post Oct 22 2019, 03:39 PM

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QUOTE(lukemanz @ Oct 22 2019, 03:32 PM)
Good news.
Still cannot deposit MYR
and BTC/MYR has ZERO listing/order book
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Yes,trading is still not active because they need to reregister all malaysian members and at teh same time they are still negotiation ongoing with relevant banks namely Maybank CIMB.Just give them time.
abdrahib
post Oct 23 2019, 09:01 AM

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QUOTE(lukemanz @ Oct 23 2019, 01:08 AM)
MYR deposit open, deposit to ambank  rclxms.gif

user posted image
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I dont have Ambank ac.Is Maybank one of them?
abdrahib
post Oct 23 2019, 03:09 PM

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QUOTE(lukemanz @ Oct 23 2019, 09:09 AM)
As per the picture, there is interbank transfer option
So you can transfer from your any bank to Luno Ambank account
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Oh,Ye...Thank You...Boss

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