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 Luno Malaysia, Your experience, reviews, thoughts

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icecoolman
post Jan 16 2018, 12:25 PM

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After the news of Luno being investigated by LHDN. I've tried to get help from Luno but no replies all this while. I've just did a withdrawal from the app and hope that I will get my withdrawal to bank account soon.

Can anyone confirm we can withdraw from Luno?
icecoolman
post Jan 17 2018, 04:43 PM

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Junior Member
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Joined: Jul 2010
I have selected for withdrawal of my bitcoin funds a few days ago and the funds have not tranferred to my account yet. Is Luno still suspended for such transaction or they're operational now? What do I do if I don't receive the return of the funds? Make a police report?
icecoolman
post Jan 20 2018, 12:05 AM

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Can we do withdrawal from Luno now? The last I hear is it was in investigation by LHDN and no withdrawal to Maybank. Can I withdraw to other bank instead?
icecoolman
post Jan 20 2018, 12:07 AM

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How do I withdraw to another exchange? Sorry, a newbie


QUOTE(kb2005 @ Jan 19 2018, 11:19 PM)
Many people want to buy coins from other exchanges and transfer to Luno to sell at higher price and make an instant 20-30% profit. Do you think that make sense ? You can sell as high as possible and keep the money in Luno wallet but you can't cash out. Luno is being investigated by IRB and their account is frozen now. There is no way you can withdraw your money from Luno until IRB cleared Luno. You can only cash out your money via coins to other exchanges but you can only sell at market rate which is 20-30% lower than Luno price. Luno issue will not be solved in 1-2 weeks time and it will take longer. I am also stuck in Luno to be honest!  mad.gif
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icecoolman
post Jan 21 2018, 11:34 AM

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Junior Member
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Yes, would prefer to withdraw money but it seems we can't withdraw from Luno to any banks due to the issue.


QUOTE(kb2005 @ Jan 20 2018, 01:37 PM)
I guess he want to withdraw money instead of sending coins over.
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icecoolman
post Jan 21 2018, 05:08 PM

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Is it confirmed that next week, we can transfer cash back to our bank account?

QUOTE(ericlaiys @ Jan 21 2018, 03:00 PM)
Bump....haiz, think u can read from previous post. A bit boring explain again and again. Anyway, I just transferred all small remaining btc from luno to binance.  Now luno is empty shell. Good bye luno..
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icecoolman
post Feb 7 2018, 10:46 AM

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Junior Member
94 posts

Joined: Jul 2010
Luno message to transfer payment is revised everyday saying tomorrow. They are already having negative news and they still resort to such low tactics.

It even gets the public to watch out for them. At least they could keep us updated and giving us tentative dates for this.

 

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