Yes, being a maker in Luno is free.

Please read the article properly. You are giving out false information.

"Meanwhile, 22 companies have submitted their respective applications to the SC, including Luno Malaysia Sdn Bhd, which operates the Luno platform, and Chako Global Sdn Bhd, which operates the Coinhako platform.

These are allowed to carry on with their operations during the extended transitional period starting March 1, though they are still prohibited to take on new customers and can only service their existing customers, as per the restrictions under the previous transitional period."

Go to www.luno.com and click SIGN UP on the top right.

I have existing accounts with Luno, Sinegy and Tokenize.

Meanwhile I use Remitano

Sinegy

https://marketplace.sinegy.com

Tokenize

https://tokenize.exchange

Your first three on the list is not operational yet.

This is the last email I received from Luno on June 11th 2019


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Luno has obtained full approval by Malaysia’s Securities Commission (SC) to operate as a Recognised Market Operator (Digital Asset Exchange).

This makes Luno the first cryptocurrency exchange in the country to receive the approval and they are able to offer Malaysians a platform to buy, sell and store cryptocurrencies such as Bitcoin and Ethereum.

Luno’s General Manager of Southeast Asia, David Low has expressed his gratitude to the Securities Commission for confirming Luno as a Recognised Market Operator.

He shared that it has been a long journey for them since its entry in Malaysia in 2015 to become the largest digital asset exchange in 2017, and now being regulated by the Securities Commission.

He added that Luno Malaysia has been working closely with regulators and banks from day one and now they are able to provide customers the ability to buy, sell and trade crypto on their platform.

“This is a significant achievement and shows the importance of digital assets today and the long-term value of cryptocurrency.

We want to help educate Malaysians on how to safely buy, sell and store Bitcoin and Ethereum, using an exchange approved and regulated by the SC.” – David Low, Luno General Manager of Southeast Asia

According to Luno’s press release, more regulators around the world are providing clarity for cryptocurrency companies to operate within the existing framework or with new licenses.

This will help to increase trust and to weed out bad actors and to form the foundation for large-scale institutional money to come into the crypto ecosystem.

Regulations will also help to ensure approved cryptocurrency businesses have adequate standards in place to protect customers and their funds.

Luno was earlier given conditional approval by the Securities Commission of Malaysia alongside SINEGY Technologies (M) Sdn Bhd and Tokenize Technology (M) Sdn Bhd.

https://www.soyacincau.com/2019/10/22/luno-...ies-commission/

I cannot make a Ringgit deposit yet to fund my Luno account.

Finally my Ringgit deposit is activated. I need to click the "Confirm' button in the notification message.

I am not sure but Luno rate now seems to be very similar to Remitano.

Luno is now using AMBANK for Ringgit deposits.

How long does it take to make a MYR withdrawal?

The turnaround time seems OK with me. Thanks!

I have no problems with Luno at all regarding trading on their exchange.

You have to be patient and wait for them to approve the KYC documents and selfie photo before you can start trading.

I just received this in my mailbox.

I have always wanted ETH trading in Luno.


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The ETH/MYR order book is now open but trading only starts tomorrow at noon.





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Trading in ETHMYR in Luno is now open.

Volume is low though. Let's give it some time.


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ETH trading volume is slowly picking up.


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I have absolutely no problems dealing with Luno.

In fact, I bought some BTC from the Luno exchange in 2017.

haven't tried recently after they are approved by SC though.


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