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 Luno Malaysia, Your experience, reviews, thoughts

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onthefly
post May 24 2020, 02:34 PM

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QUOTE(AOL24 @ May 24 2020, 02:11 PM)
Why do you guys think the price is so expensive?
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Depends on your valuation of expensive.
BC peak price was double of current price now

onthefly
post May 24 2020, 10:08 PM

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QUOTE(AOL24 @ May 24 2020, 04:37 PM)
Sorry, I meant the withdrawal fees hahahaha
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maybe because Luno is the first & only approved by SC so far
onthefly
post May 31 2020, 12:38 AM

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QUOTE(niterider @ May 30 2020, 04:05 PM)
hi Mr Luno, i transferred RM1000 to my own luno wallet without enter reference no. (forget to enter)... will it recovery my fund? btw my bank account name is same with luno account. cry.gif
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just email them. i did similar mistake. they rectify it in the next 1-2 working day.

onthefly
post Aug 10 2020, 10:13 PM

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https://shopee.com.my/digital-product/m/items/103656

Is the Luno RM50 voucher from Shopee stackable ?
onthefly
post Nov 13 2020, 02:26 AM

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planning to sell off bitcoin
Understand two method,
exchange or from luno wallet(instant sell)
Dont really undertsand the fees
for luno wallet is 2% while exchange is 0.75% ?
is there any simple table/diagram that describe the fees

This post has been edited by onthefly: Nov 13 2020, 02:34 AM
onthefly
post Jan 16 2021, 03:47 PM

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QUOTE(raynman @ Jan 16 2021, 11:30 AM)
Thanks.

And it is free for normal bank deposit?  smile.gif
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yes, but slower
onthefly
post Aug 13 2021, 11:30 PM

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QUOTE(Eithanius @ Aug 13 2021, 10:50 AM)
Can set Luno to display in USD instead of MYR..?
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website can
onthefly
post Sep 23 2021, 12:34 AM

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QUOTE(Win Win Inspiration @ Sep 22 2021, 01:15 PM)
The only time when LUNO charges users is the time when users are transacting (buying/selling) right?
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bank in and withdrawal also got. but minimal

Deposits of MYR 100.00 and over are free, while lower deposit amounts have a fee of MYR 0.70
Withdrawal fee MYR 0.10

onthefly
post Nov 25 2021, 04:32 PM

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QUOTE(3822 @ Aug 16 2017, 09:53 AM)
newbie here as well. just registered with luno. Should I go for instant buy for exchange? wanna start with small capital first.
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exhange for lower fees.
if u dont mind to pay more fees, instant buy

suggest u go with exchange, learn abit. not hard
onthefly
post Feb 12 2022, 04:51 PM

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QUOTE(adv96 @ Feb 12 2022, 11:12 AM)
New luno user here, I was wondering how you guys make profit by trading in luno? Are u guys just buy when the crypto drop and sell while the rate is high or just keep on stacking it like invest per month? Btw is LTC a good investment?
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Generally two types in luno
Trading - buy low sell high
Long term - buy keep for long period of time

Outside of luno, can do much more stuff like staking, mining, lending, etc a third way to make money

LTC market cap has been dropping.
onthefly
post Feb 4 2023, 02:14 AM

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QUOTE(CharleneAira @ Feb 2 2023, 10:55 AM)
I've recently started using Luno and have been very impressed with how easy it is to buy and sell cryptocurrencies.
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Sound like you used instant buy which has very high fees
onthefly
post Feb 12 2023, 01:48 AM

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QUOTE(juan22 @ Feb 10 2023, 12:05 PM)
This is not good. Ross said funds are SaFU, then he cabut quit Luno. something not right, better withdraw funds before collapse. DCG/Genesis also muflis right?
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Please read your sentence if make sense
onthefly
post Mar 5 2024, 01:43 AM

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QUOTE(tshihmin @ Mar 4 2024, 10:42 AM)


If you have crypto in Huobi, the best option to cash out is use the Huobi P2P. I use Huobi and whenever I want to cash out from Huobi, I always use Huobi P2P and so far I have no problem with it.

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if use P2P means have to standby(wait for buyer) and sell USTS ?

onthefly
post Mar 5 2024, 03:22 PM

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QUOTE(tshihmin @ Mar 5 2024, 11:22 AM)
Do you mean USDT?
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USDT. correct

QUOTE(Vaytrex @ Mar 5 2024, 02:15 PM)
U see this guy stacking in Luno last month now earn more than 50%
https://medium.com/@vaytrex/doubling-down-o...ia-f39c136cb17d
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Cause of ETH went up. Misleading tittle

onthefly
post Mar 6 2024, 12:40 PM

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QUOTE(jeffseaw @ Mar 6 2024, 10:19 AM)
Staking service fee in Luno
ETH = 30%
ADA = 20%
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Easier for the masses - after deduction of Luno's service fees
ETH Staking interest) - 2.52%~
ADA Staking interest - 2.64%~\



This post has been edited by onthefly: Mar 6 2024, 12:41 PM
onthefly
post Mar 6 2024, 03:25 PM

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QUOTE(dark_axl21 @ Mar 6 2024, 01:24 PM)
That's right, I don't remember other platforms or exchanges have such steep fees.
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Because of this
https://www.sc.com.my/regulation/guidelines...asset-exchanges
onthefly
post Mar 27 2024, 10:04 PM

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QUOTE(wl_n @ Mar 27 2024, 04:38 PM)
Do binance have P2P transaction in RM? I think don’t have
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Got but its masked as other 3 alphabet
onthefly
post Oct 31 2025, 12:38 AM

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QUOTE(GTA5 @ Oct 30 2025, 08:35 AM)
Anyone has issue buying on Luno exchange?
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No personally

 

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