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 Luno Malaysia, Your experience, reviews, thoughts

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rocketm
post Jan 5 2020, 03:52 PM

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Hi, newbies to Luno and also any cryptocurrency.

I am expecting to receive some cryptocurrency but unsure is which one as I redeem from an app but I need to register an wallet to redeem it.

May I know which wallet can I register for free so I can trade in Luno?
rocketm
post Apr 25 2021, 06:58 PM

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QUOTE(raynman @ Apr 23 2021, 07:43 PM)
user posted image

Yes, you can key in up to 8 decimal places.  smile.gif
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Sorry, just want to know why the selling price without include the service charge is RM 10,105 and after deduct the service fee is RM 839.74?
rocketm
post Apr 25 2021, 07:39 PM

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QUOTE(raynman @ Apr 25 2021, 08:30 PM)
Luno charges 2% for direct selling.

As for the RM10,105 price of ETH at that time, I have no idea why it was that figure.
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Ya, I saw there is a service charge of RM16.7 but the net receiving is lesser.

The service charge is include the Eth gas fee?

How about BTC does it have those gas as well?
rocketm
post Apr 25 2021, 10:48 PM

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QUOTE(chonghe @ Apr 25 2021, 11:36 PM)
the figure shows 0.0847 ETH, which at a rate of RM 10105, is ~RM 856
2% charge means what you get is 0.98*856 = ~839
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Thanks for the explanation. May I know why there are 2 type of amount in MYR, that are RM10105 and RM856? I mean where does the difference between 10105 and 856 go for, before deducted the 2% fee.

 

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