QUOTE(jack2 @ Dec 24 2017, 11:32 AM)
Don't know. But it is because some news recently.
What news?Luno Malaysia, Your experience, reviews, thoughts
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 Dec 24 2017, 11:49 AM
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#1
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Senior Member
1,597 posts Joined: Nov 2005  
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Dec 24 2017, 01:27 PM
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#2
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1,597 posts Joined: Nov 2005
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QUOTE(alikato94 @ Dec 24 2017, 12:02 PM) whats the main reason for the website to be offline i wonder I heard last year same time same thing happened? more like luno is finished so bungkus already  |
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Dec 24 2017, 02:13 PM
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#3
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1,597 posts Joined: Nov 2005
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QUOTE(cpng75 @ Dec 24 2017, 02:00 PM) Start from Dec 14th bank account been frozen by Maybank. Seems to be conflicting reports, some say BNM freeze, some say no. I thought was frozend by MBB? Seems they had the same issue w CIMB last time, ac was frozen for a few months. |
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Dec 24 2017, 06:19 PM
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#4
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QUOTE(3822 @ Dec 24 2017, 06:06 PM) Using app, go to transaction, click on the pending transqction (in this case withdrawal), after click it, u cam see a cancel button at buttom. Not all can cancel, I hv 1 i cancelled, the other cant cancel.But the deposit tab is now open, so can deposit? Make me think twice abt depositing huge sums now. |
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Dec 24 2017, 07:03 PM
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#5
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1,597 posts Joined: Nov 2005
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QUOTE(3822 @ Dec 24 2017, 06:34 PM) U can try, if deposit successful means their maybank account already unfreeze, but they dont allow us withdrawal. Let us know after u deposit it. I think i will refrain from making any deposits to Luno for the foreseeable future, not even Rm10 |
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Dec 24 2017, 10:11 PM
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#6
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1,597 posts Joined: Nov 2005
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QUOTE(myers @ Dec 24 2017, 09:14 PM) It would be more profitable to tax or confiscate proceeds from known crypto currency exchange than banning it. Wouldn't be so good for business either if they're looking long term. Anyway they're prices are way off compared to the other exchanges, wonder if there's some price manipulation of any sorts. |
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Dec 25 2017, 07:14 PM
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#7
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1,597 posts Joined: Nov 2005
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Both Luno and Coinhako price also high, wan to change to MYR we don have much choice. Unless Remitano and Localbitcoins..but P2P
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Dec 26 2017, 10:29 PM
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#8
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1,597 posts Joined: Nov 2005
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After a few months, everyone will forget and start heaping praise abt Luno again.
Pity us Msians, so little to pick from. |
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Dec 28 2017, 12:01 PM
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#9
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1,597 posts Joined: Nov 2005
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QUOTE(kerupang2 @ Dec 27 2017, 10:43 AM) Same here. Cashed out on 19th Dec....still pending transfer to MBB! Probably having issues with BNM and MBB! OMG! Im not 100% on this but BNM didnt suspend them, its more theyre bank itself, which is MBB |
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Dec 29 2017, 10:37 AM
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#10
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1,597 posts Joined: Nov 2005
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Manage to cancel the pending withdrawal, but then money stuck there, anyone manage to withdraw?
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Jan 5 2018, 09:35 PM
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#11
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1,597 posts Joined: Nov 2005
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Managed to get everything out from Luno last week, was worried earlier as amount not small, I just bought btc to transfer out. Price was abit high, but then almost covered by gains elsewhere. Main thing is got everything out, abit suspicious of Luno now as the rates also high compared to the rest of the local exchanges.
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Jan 8 2018, 05:41 PM
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#12
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QUOTE(caloyness @ Jan 8 2018, 04:23 PM) hi guys, Agreed, I lost buying BTC at high price in Luno to withdraw, good thing covered elsehwere, dont wish the same for others, my advise is stay clear from Luno for awhile if you can, they had the same issue with CIMB last round, now MBB.hoping to help those who are stuck with luno, it is really not advisable to remit out of luno right now. at minimum you will be losing 300RM for every 1000RM you process. how to take advantage of the situation? read below. 1. While withdrawal is not available, buy and trade ETH > BTC and BTC > ETH case 1: when BTC is high, go buy ETH case 2: when ETH is high , go buy BTC i've been earning quite around 500rm now with 2000rm capital, just make sure to use the exchange instead of the quick buy to avoid the LUNO cut fees. For those who buy during LUNO withdraw /depo issue ongoing once LUNO announce that withdraw and deposit are fixed, you should SELL IMMEDIATELY, prices will go down to normal and you will lose 10 -20% value if you buy at ALL TIME HIGH ( when luno withdraw /deposit unavailable ) Trading in MYR really at the mercy of the exchanges since only a handful. |
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