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 Luno Malaysia, Your experience, reviews, thoughts

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cxjiek
post Dec 26 2017, 07:28 PM

Getting Started
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Junior Member
119 posts

Joined: Dec 2007
From: Selangor


I tried Coinhako, like others said, its rate are not very good.
And it needs RM6 to withdraw into fiat.
And registration took a bit of time, because they need your identification documents and photograph, took me at least 30 minutes to take proper photos and 1 day for them to process.
I mined RM80 per Coingecko rates, it became RM47 when it reach my bank account.

This post has been edited by cxjiek: Dec 26 2017, 07:31 PM
cxjiek
post Jan 15 2018, 09:57 PM

Getting Started
**
Junior Member
119 posts

Joined: Dec 2007
From: Selangor


QUOTE(kray @ Jan 15 2018, 08:27 PM)
Hi kimberly, thanks for taking the time to explain to us here on the forum

If you dont mind, Would like to ask you, do you or luno know anything we dont regarding crypto capital gains tax here in malaysia?

As pointed out by some forum members:
1. Msian gov mentioned it was not planning to regulate (hence i assume also tax) cryptocurrencies
2. Msian tax laws are territorial. Meaning income (including capital gains) derived from outside malaysia are excempt from tax in malaysia

And yet, luno in their status page, advises us to adhere to malaysian tax requirements and declare accordingly. While we are quite sure there are no such regulations or requirements . Are we missing something? Appreciate your advice. Thanks.
*
how to prove its derived from outside malaysia
how do I know cryto is capital gains

This post has been edited by cxjiek: Jan 15 2018, 09:59 PM
cxjiek
post Nov 25 2019, 10:37 PM

Getting Started
**
Junior Member
119 posts

Joined: Dec 2007
From: Selangor


Yay, Luno is back finally.
cxjiek
post Nov 30 2019, 10:56 PM

Getting Started
**
Junior Member
119 posts

Joined: Dec 2007
From: Selangor


QUOTE(abdrahib @ Nov 26 2019, 08:53 AM)
So you mean ok,to trade...buy/sell crypto to fiat.
*
I only convert to fiat and transfer to bank. I'm only level 2 verified.
I waited quite long for them to activate my account, waited almost a month, along the way they got ask whats my profession through email.
cxjiek
post Feb 26 2021, 08:18 AM

Getting Started
**
Junior Member
119 posts

Joined: Dec 2007
From: Selangor


Why need reverification?
cxjiek
post Jul 20 2022, 05:35 PM

Getting Started
**
Junior Member
119 posts

Joined: Dec 2007
From: Selangor


I found one survey by BNM, it ask my opinion on whether they should ban transfers to "unregulated" wallets. I hope that doesn't happen.

https://forms.office.com/r/x4pJk6ktkY
user posted image
cxjiek
post Oct 31 2023, 10:40 PM

Getting Started
**
Junior Member
119 posts

Joined: Dec 2007
From: Selangor


can't log in today, anyone else experience the same?
cxjiek
post Nov 1 2023, 07:57 PM

Getting Started
**
Junior Member
119 posts

Joined: Dec 2007
From: Selangor


Managed to sign in using app. Before I was using web.
cxjiek
post Nov 5 2023, 11:41 AM

Getting Started
**
Junior Member
119 posts

Joined: Dec 2007
From: Selangor


QUOTE(John Chaser @ Nov 4 2023, 11:15 PM)
Seems to be resolved

user posted image
Also those with web login issue, are you using SMS authentication or 2FA?
*
I usually use web login. Before, the pin always went to my email. But recently, the pin went to SMS instead.
But there is no where to type the pin as the luno website just show a black blue screen.
Using app to login is fine.

 

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