For Luno. Do I need to deposit money before I can purchase crypto?
And I can withdraw back to local bank account?
Mr Luno pls help. Thanks
Luno Malaysia, Your experience, reviews, thoughts
Luno Malaysia, Your experience, reviews, thoughts
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Nov 23 2020, 12:02 PM
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#1
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Senior Member
5,741 posts Joined: Apr 2019 |
For Luno. Do I need to deposit money before I can purchase crypto?
And I can withdraw back to local bank account? Mr Luno pls help. Thanks |
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Nov 23 2020, 12:45 PM
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#2
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QUOTE(mrluno @ Nov 23 2020, 12:19 PM) Hi gashout, So as new user. Yes, you need to deposit MYR before you can purchase crypto and yes you can withdraw to a local bank account. Thanks! 1. I buy fave. 2. Then key in reward 3. Then top up 1k. 4. Then purchase bitcoin. Only bitcoin? Am i correct?.. Thanks again. |
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Nov 23 2020, 01:04 PM
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#3
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Nov 23 2020, 04:02 PM
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#4
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QUOTE(mrluno @ Nov 23 2020, 01:51 PM) Hi gashout, I would like to further ask if Luno will add more crypto into the app? Yes, that's right but be mindful of the below: Please ensure that you are a new customer. A new customer is defined as 1) A customer who has just signed up for a Luno account and has signed up via a referral link and/or not entered a referral code (either upon signing up or at any point while using their account) AND 2) Has never used the instant buy/sell function Do let me know if you have any other questions. And why the famous 4 at the moment? What makes them special? Or just happen to be? Thanks |
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Nov 24 2020, 11:42 AM
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#5
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Hi Luno. Does the luno wallet allows us to earn any interest?
Thanks |
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Dec 1 2020, 11:22 PM
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#6
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Dec 2 2020, 08:38 AM
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#7
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Dec 9 2023, 05:53 PM
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#8
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QUOTE(mooze @ Nov 16 2023, 10:18 PM) Hi all, I recently tried Luno for few transactions and I just noticed that at random times the transaction fee for sending BTC to my other BTC wallet (blockchain) is quite high price, around RM80. I hear that I need to find low peak hours/traffic crypto trading time for lower fee. Does anyone know when is it usually in Malaysia time? Best is afternoon time when US are sleeping.Even better on weekend. Gas during weekend is the lowest. |
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Dec 31 2023, 01:43 PM
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#9
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Can anyone put into luno let say 300k?
Ive a big fund coming it and intend to put into crypto. This post has been edited by gashout: Dec 31 2023, 01:43 PM |
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Dec 31 2023, 01:44 PM
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#10
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Nov 27 2024, 03:35 PM
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#11
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QUOTE(sleepwalker @ Nov 27 2024, 03:32 PM) Luno's price is set by the price last traded in the Malaysian Exchange and not set by Luno. If someone buys at 415K, then that is the price published by Luno. 20 seconds later, if a buy order at 414K is done because someone decided to sell it at a lower price, then 414K is the price updated in LUNO. We have explained this many times before in here. It should be based on buyer seller price. Correct. To say luno needs to rebalanced the price isn't quite right. That's not Luno's business model.Can only say the market is pretty dead in luno to have such huge price discrepancy as compared to other exchange price |
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Dec 1 2024, 04:38 AM
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#12
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QUOTE(penanghomes @ Nov 28 2024, 06:38 PM) can. go wallet acc. + add with using secret key. remember not to show to anyone. penanghomes liked this post
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