what do most ppl use to cash out? xrp from luno or cex p2p?
Luno Malaysia, Your experience, reviews, thoughts
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 Jan 15 2022, 08:28 AM
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#1
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Junior Member
825 posts Joined: Sep 2011 
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Mar 3 2024, 09:27 PM
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#2
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Junior Member
825 posts Joined: Sep 2011
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QUOTE(Medufsaid @ Feb 16 2024, 03:17 PM) too late now. US market bitcoin @ RM247,984.10 while luno @ RM246,249. gap has narrowed compared to the RM7k price difference last weekend Big gap. Got people arbitrage by buying on Luno, send to CEX to sell? Seems strange that Luno difference so big. Like they using slow API. |
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Aug 2 2024, 06:42 PM
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#3
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Junior Member
825 posts Joined: Sep 2011
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Anyone still regularly using Luno as an on ramp/off ramp to CEX? How is the experience so far?
Seems like we don't have much choice. It's either: 1. CEX p2p or 2. Luno XRP CEX p2p rates are expensive compared to official RM:USD rate and most sellers set minimum limit of RM3k+ on the amount you can buy. Want to try < RM1k also cant. Otherwise Luno can just topup RM100, buy XRP and transfer to CEX. |
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Jul 1 2025, 06:59 AM
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#4
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Junior Member
825 posts Joined: Sep 2011
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QUOTE(GalaxyV @ Jun 17 2025, 04:52 PM) Finally Luno's rate is back to normal now. How you check the rate? Just take luno price / Google exch rate and compare with coin USD price?1USD = RM4.24 |
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Oct 16 2025, 09:02 PM
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#5
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Junior Member
825 posts Joined: Sep 2011
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Worth to buy and hold on luno? spread seem quite high? Only benefit i see is less tax issue if want to cash out large amount.
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