Luno Malaysia, Your experience, reviews, thoughts
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 Jun 11 2022, 09:50 AM
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#1
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Senior Member
1,267 posts Joined: Jun 2022 
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Luno will not support stablecoins like USDT because Malaysian can then park their Ringgit there.
More correctly, the Securities Commission will not allow Luno to deal in USDT with Malaysian customers. |
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Jul 10 2022, 01:18 PM
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#2
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Senior Member
1,267 posts Joined: Jun 2022
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QUOTE(Madgeiser @ Jul 9 2022, 10:00 PM) Does Luno support transfer to ERC-20 wallets? Yes, Luno supports the transfer to-and-fro from ERC-20 wallets but only with ETH for now. It does not support any other ERC-20 tokens. |
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Dec 1 2024, 05:06 AM
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#3
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Senior Member
1,267 posts Joined: Jun 2022
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QUOTE(Medufsaid @ Nov 30 2024, 09:38 PM) seems like with luno exchange you cannot trade in fractional units of XRP. had to use luno wallet to get rid of them True. You cannot trade fractional XRP on the Luno exchange.However, you can SELL fractional XRP using your Luno wallet but that incurs a selling fee of 2% compared to exchange fee of 0.6% |
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Dec 12 2024, 05:36 AM
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#4
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Senior Member
1,267 posts Joined: Jun 2022
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QUOTE(fuzzy @ Dec 11 2024, 12:03 PM) Hello all, stupid question. You can't.I just discovered a bunch of XLM in an old wallet. How do I transfer them into Luno? Luno currently does not support Stellar (XLM), so you don't have an XLM wallet in Luno to transfer to. |
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Dec 12 2024, 11:00 AM
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#5
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Senior Member
1,267 posts Joined: Jun 2022
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QUOTE(10071985 @ Dec 12 2024, 08:45 AM) I thought they do? Its shown in my Luno app QUOTE(BladeRider @ Dec 12 2024, 10:15 AM) I just checked luno apps. bitcoin have buy/sell/send/receive button, but XLM only have buy/sell button  My bad. I have not enabled my Luno XLM wallet yet  But I have some XLMs on my Binance account. I may transfer them to Luno later. |
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Dec 12 2024, 11:21 AM
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#6
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Senior Member
1,267 posts Joined: Jun 2022
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QUOTE(fuzzy @ Dec 12 2024, 11:11 AM) They do support XLM. Just can buy sell from their platform, but I not sure if can transfer in. That was my question. You can transfer your XLMs to your Luno account.You need to ENABLE the XLM wallet first and an XLM address will be generated for you. See my post just above yours. |
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Dec 12 2024, 11:30 AM
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#7
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Senior Member
1,267 posts Joined: Jun 2022
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QUOTE(fuzzy @ Dec 12 2024, 11:22 AM) There is a wallet, I can't find the address lol. Click WALLETS.Then click MORE. Click RECEIVE. Luno will show you your crypto wallet addresses that you can receive.  |
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Dec 12 2024, 11:35 AM
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#8
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Senior Member
1,267 posts Joined: Jun 2022
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QUOTE(fuzzy @ Dec 12 2024, 11:32 AM) No XLM also... You must click BUY, select XLM and press ENTER.You will see a ENABLE STELLAR wallet as shown in my previous post. Click CONTINUE and you will see your new XLM wallet address. |
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Dec 12 2024, 06:18 PM
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#9
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Senior Member
1,267 posts Joined: Jun 2022
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QUOTE(BladeRider @ Dec 12 2024, 02:01 PM) I have xlm wallet enabled, all other coins have send receive option, but xlm only buy and sell. No "More " button as well. That is strange.If you have enabled your Stellar (XLM) wallet, you should have the XLM address of your wallet to receive. Maybe you should ask Luno Support for help Here is the link https://guide.luno.com/hc/en-gb |
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Dec 27 2024, 08:55 PM
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#10
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Senior Member
1,267 posts Joined: Jun 2022
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 Anyone invested in a Luno coin bundle? |
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Dec 27 2024, 09:39 PM
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#11
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Senior Member
1,267 posts Joined: Jun 2022
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QUOTE(Medufsaid @ Dec 27 2024, 09:07 PM) colmi buy it manually from the exchange. invest in the bundle and you pay free money to luno for the convenience Wah, have to pay so many fees  |
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Dec 30 2024, 07:26 PM
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#12
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Senior Member
1,267 posts Joined: Jun 2022
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 Just performed a test send of XRP from my Luno account to my Binance account. No problems. Very fast transaction. Very low send fee too. |
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Dec 31 2024, 05:03 AM
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#13
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Senior Member
1,267 posts Joined: Jun 2022
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 Binance acknowledged the XRP deposit |
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Dec 31 2024, 09:25 PM
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#14
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Senior Member
1,267 posts Joined: Jun 2022
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QUOTE(BladeRider @ Dec 12 2024, 02:01 PM) I have xlm wallet enabled, all other coins have send receive option, but xlm only buy and sell. No "More " button as well.  You are right. There is only buy and sell for XLM. No send and receive This post has been edited by colmi: Dec 31 2024, 09:37 PM |
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Jan 2 2025, 07:25 PM
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#15
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Senior Member
1,267 posts Joined: Jun 2022
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QUOTE(fuzzy @ Jan 2 2025, 07:02 PM) Weird lol I think later Luno will enable the XLM wallet for send and receive. Haha! |
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Jan 4 2025, 06:36 PM
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#16
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Senior Member
1,267 posts Joined: Jun 2022
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QUOTE(Medufsaid @ Jan 4 2025, 06:22 PM) cweng93 Wallet u pay luno 2%, Exchange you pay 0.6%. no brainer The wallet buy/sell feature is great for selling fractional coins/tokens.For example, you cannot sell 0.87843 XRP on the exchange, so you use the wallet buy/sell feature. tanariz liked this post
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Jan 6 2025, 05:44 PM
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#17
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Senior Member
1,267 posts Joined: Jun 2022
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QUOTE(SkinnyBone @ Jan 5 2025, 04:59 PM) This morning I transferred SOL to my Luno wallet, suddenly i received dusts SOL to the same wallet from unknown address. As usual, Luno ask to verify address, but I don't even know who sent the dusts. Should I contact Luno customer service or just ignore the address verification? P.S. I have verified the SOL that was sent from my own wallet.   You seem to be the target of a crypto dusting attack. |
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Jan 7 2025, 04:58 AM
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#18
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Senior Member
1,267 posts Joined: Jun 2022
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QUOTE(tanariz @ Jan 6 2025, 09:39 PM) report to Luno..generate new SOL address..dont use old address anymore..  Yes, report the dust-attacked SOL address to Luno and create a new SOL address by yourself. No need to ask Luno to create. SkinnyBone liked this post
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Jan 10 2025, 01:52 PM
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#19
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Senior Member
1,267 posts Joined: Jun 2022
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QUOTE(morningmoon @ Jan 10 2025, 11:12 AM) Hello, I'm newbie to Luno and Crypto in general. I've been studying and research intensively this past months. I have question though, regarding Luno wallet. Let's say I bought SOL on exchange. Is this transaction recorded on the Solana blockchain? My receipt of 1.52 SOL from KuCoin into my Luno wallet is recorded on the Solana blockchain.I can't find transaction Id of this order and so I asked Luno CS. They replied transaction Id only available on Send/Receive crypto only. The exchange order didn't take place at the blockchain, hence no transaction Id on market order. When I checked the public address of Luno SOL wallet (via Cointracker), it shows O. My Luno wallet (inside the app) show 1 SOL. I'm confused now. Anyone can explain to me like I'm 5? Thanks in advance!   I stopped staking SOL in Luno and sent them to Binance to stake for better returns. The transaction is also recorded on the Solana blockchain.   Dunno whether the transaction is recorded on the Solana blockchain when you BUY SOL on Luno. I guess not. |
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Jan 10 2025, 02:11 PM
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#20
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Senior Member
1,267 posts Joined: Jun 2022
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 Confirm buying on exchange or BUY/SELL feature on Luno is not recorded on blockchain. See my XRP purchase on exchange above. No XRPL blockchain data recorded. |
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