Hmm I cancelled my withdraw on weekends and start fresh on Monday morning. Process for 2 days , bank in on Wednesday   for unknown reasons , weekend withdraw are pending

Lol what u expect from a company that operations halted for 2 years. They can only perform withdrawal and not deposit anymore. No sane person would still left their money with Luno.
Those order books are internal or bot trading lo.

hi teachers and masters,

i've got luno, remitano, coinhako account i think started 2 yrs back. almost forgot about it and now i login again find that hako doesnt really function anymore (my main wallet prior). **bought in luno, then luno gg, tt to hako and so on...now hako gg, luno ok again.. well..

so after reading some old threads,think maybe i should send the assets from hako to luno (since its considered somewhat legal in msia) then continue trading, deposit and withdrawal activities in luno, but for now, remitano seems to be the only place ok for true to true price crypo value trading, and its p2p...

am i understanding correctly? and hodl until march 2020...

https://www.thestar.com.my/business/2019/10...rrency-business

LUNO is back online. My money stuck they and it double, thanks to bitcoin goin up from jan til now...

I dont have Ambank ac.Is Maybank one of them?

How long does it take to make a MYR withdrawal?

Is it ok if I deposit some money to Luno but end up withdrawing it later because I cannot get the price I expected? Do I have to make a minimum purchase or something like that?

with the price volatility of bitcoin

I have very specific questions:
1. say the BTC price listed online (internationally) increases 10% is this actually reflected in Luno as 10% or less? I understand there is the factor of USD-MYR conversion, so notwithstanding that conversion I would like to know how much % increase would the actual selling price in Luno show?
2. If I bought x BTC at MYR Px and sold x BTC at MYR 1.2Px by putting it on "queue" . technically making a 20% profit. Under what scenario would I get to fully transfer the 20% to my bank account?
3. Are there "storing" charges for BTC in external wallets or they are stored in Luno itself?

I appreciate those who would reply, i understand it is newbie Q but I prefer to get clarity this way.

for trading purpose, any reason to go Luno instead of directly deal at Binance's P2P?

Anyone what to do next step? no further email from them for 7 days already

I clicked that help link and cannot find any real time chat, or email address i can ask for further assistance.

Thanks.

PM'ed
By the way does anyone knows what kind of exchange rate LUNO use from MYR to USD?

Rate in LUNO is US$1 = Rm4.12x
He asking about this lah !

PM'ed
By the way does anyone knows what kind of exchange rate LUNO use from MYR to USD?

Hi bro,

My name is Ross and I am the Community & Education Lead for Luno Malaysia.

I can help to explain this new regulation.

We call this the "Foreign Exchange Notice"
- This is nothing new, it's something that BNM already has implemented in our banking system
- We are just following their regulation and adding it to Luno

Who is NOT AFFECTED by this regulation?

- Basically, if you do not have any loans = Not affected at all
- Also, if you are sending crypto from Luno to other local regulated exchanges = Not affected at all
- If you only have 1 house loan  = Not affected at all
- If you only have 1 car loan = Not affected at all
- If you have only 1 house & 1 car loan together = Not affected at all

Who IS AFFECTED by this regulation?

- If you have more than 1 house and car loan combined = Affected
- If you have 1 personal loan = Affected
- If you have 1 business loan = Affected

What happens if you are affected?

- Basically you will have a limit of RM 1 Million per year to send crypto from Luno to any other overseas exchange/Private wallet.
- If you hit the 1 Million per year limit you just need to apply for permission from BNM to transfer more (it can be done from the app)
- Most users still won't be affected by this because very few people transfer more than 1 Million per year unless you are a whale.

Hope this explains it a bit better

If you have any follow up questions just let me know
Happy to answer and clarify 

hi i received a notification from luno to give them more documents such as payslip, bank statements, picture with mykad etc. is it just me or does this happened to everyone too? if no response within 7 days they will suspend my account...

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? 

You mean this type of question?

It's OK, I have accepted their AMLA policy and I  genuinely provide the source of funds. No biggie.