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 Luno Malaysia, Your experience, reviews, thoughts

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teq
post Dec 17 2017, 10:42 PM

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QUOTE(ragk @ Dec 17 2017, 01:41 AM)
Seen from the comment in playstore, many ppl complain the charge is very high, any active luno user can verify?

1 of the comment:
I send Bitcoin for 0.00292 . Well thats a small amount for most of you guys. But you know how much Luno charged for the " Bitcoin Send Fee " ? BTC 0.001489 !! THATS MORE THAN HALF FROM WHAT I HAVE SEND!
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I transferred both Bitcoin and ethereum from luno to coinbase few days ago, to my surprise, i receive exactly the same amount of Bitcoin and ethereum in my coinbase wallet, nothing is deducted from my account, anyone know why?

The transfer fee is deducted from the coin that we transfer right? For example if i transfer 1 ethereum, then i should get less than 1 ethereum on my receiving wallet, am i correct?

And the transfer fee is charged by miner instead of Luno right?

This post has been edited by teq: Dec 17 2017, 10:46 PM
teq
post Dec 18 2017, 05:37 PM

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QUOTE(ragk @ Dec 18 2017, 04:52 PM)
luno deposit/withdrawal still mati?
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Update from Luno website:

CODE
We successfully made contact with key senior individuals at the bank to resolve the MYR deposit and withdrawal issue. Since it is the weekend, they can’t provide us with any more information, but we have follow-up meetings scheduled for early next week. We will provide another update on Monday afternoon, 18 December 2017, or as soon as more information becomes available.
Posted 2 days ago. Dec 16, 2017 - 15:03 UTC

teq
post Dec 19 2017, 11:43 AM

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QUOTE(roosie @ Dec 19 2017, 11:05 AM)
So their previous statement posted on 15 Dec is a COMPLETE LIE !

"Note that your funds — digital and local currency — are safe. All other services remain unaffected. You can still use Luno to buy, sell, trade, send, receive and store digital currency."

I'm looking at a capital loss of over RM 5K if Luno does a "Mt. Gox". I should have transferred out all my coins on the first day of buying the coins. This is looking to be an expensive lesson for me.
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our bnm deputy governor will meet Luno this week, let's wait and see

i transferred the btc & eth immediately to coinbase once i bought it from luno.. the reason is to avoid things like this happen..
teq
post Dec 19 2017, 11:45 AM

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QUOTE(jack2 @ Dec 19 2017, 11:44 AM)
How do you know?
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https://www.thestar.com.my/business/busines...ons-each-month/
teq
post Dec 19 2017, 03:55 PM

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QUOTE(Kilohertz @ Dec 19 2017, 03:30 PM)
How to transfer to coinbase?
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just send your coins to your wallet address
teq
post Dec 19 2017, 04:04 PM

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QUOTE(TreyLey @ Dec 19 2017, 04:00 PM)
may i know is it the physical wallet like trezor?
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coinbase is online wallet, you can use any wallet you want
teq
post Dec 19 2017, 04:19 PM

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QUOTE(bpay14 @ Dec 19 2017, 04:12 PM)
shit liao.. i only notice their notice abt deposit & withdrawal unavailable after i deposit money in.. how arh..?? LOL
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did the transaction went thru? the bank should decline the transfer right?
teq
post Dec 19 2017, 04:20 PM

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QUOTE(TreyLey @ Dec 19 2017, 04:13 PM)
can u recommend me which online wallet is the best? thanks
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i am not expert, blockchain wallet i guess?
teq
post Dec 19 2017, 04:58 PM

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QUOTE(nikazwa @ Dec 19 2017, 04:57 PM)
I am  thinking seriously to transfer some of my bitcoin to coinhako because i can withdraw money from there.also coinhako is a singapore based company.the problem with luno is that they are quite slow in responding to customers queries.like coinhako they promised to respond all queries in one day
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are there deposit/withdrawal limit on coinhako similar to Luno limit?
teq
post Dec 20 2017, 12:21 PM

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QUOTE(cywings @ Dec 20 2017, 11:57 AM)
same here for me.. transferred ETH from Luno to Blockchain wallet. Took a short while to complete and
it finally showed up in my Blockchain wallet.
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do you get the exact amount of ETH or the amount is deducted with transfer fee?
teq
post Dec 20 2017, 02:54 PM

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QUOTE(bryan_823 @ Dec 20 2017, 02:26 PM)
Check your luno transaction page, there should be a record stating transfer fee at xxxx

Eg. Line1 - Send BTC 0.1
      Line 2 - Send BTC fees 0.0xxxx
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there is no such line as you mentioned
only sent BTC x.x

hmm.gif
teq
post Dec 20 2017, 04:10 PM

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QUOTE(cywings @ Dec 20 2017, 03:56 PM)
checked etherscan it says:
Actual Tx Cost/Fee:
0.0010647 Ether

Blockchain wallet still show exact amount though
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my wallet show the exact amount too, that's why I wonder why no transfer fee is deducted?

for both BTC & ETH

blink.gif
teq
post Dec 21 2017, 04:15 PM

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QUOTE(Ash1988 @ Dec 21 2017, 03:36 PM)
Ehh then its BTC problem ? I have initiated transfer of BTC to Binance and its stuck there.
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BTC transfer take longer time than ETH
teq
post Dec 28 2017, 09:15 AM

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QUOTE(timo1003 @ Dec 27 2017, 04:49 PM)
Yes it is crazy (Welcome to Bitcoin Core, though some will find ways to justify it's the address this that. You don't need this 'justification' for the likes of LTC, Dash, Bitcoin Cash). Though I've seen someone mentioned he/she managed to transfer out of luno with zero fee lately. Not sure how true that is. It'd be interesting to find others who have really transferred out with 0 fee lately (anyway, for the record this was available back in October for a short period of time).
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i am the one who transferred btc from Luno to coinbase without charge, not even network fee.. that made me feel very strange blink.gif
teq
post Dec 28 2017, 09:17 AM

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QUOTE(jack2 @ Dec 27 2017, 09:06 AM)
Don't use paypal. You will get chargeback after months.
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bro, mind to tell more detail regarding paypal chargeback? i was planning to use it soon..

tq notworthy.gif
teq
post Dec 28 2017, 09:55 AM

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QUOTE(jack2 @ Dec 28 2017, 09:48 AM)
Don't use it. NEVER... trust me

If you sell btc via paypal and they pay you paypal. The buyer has the right to perform dispute chargeback and you have to provide proofs to show you have delivered (Must be physical goods. Virtual items even services are hard to be proved).

Paypal will sight to the buyers and charge back you the amount you taken from your paypal and you owe Paypal.
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thanks for the info bro thumbup.gif
teq
post Dec 28 2017, 11:20 AM

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QUOTE(shuffian @ Dec 28 2017, 11:12 AM)
thanks man i now wait my hako registration complete and transfer there also.
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coinhako price really not reasonable, selling for low price, buying for high price.. +0.9% fee mad.gif
teq
post Jan 8 2018, 11:41 AM

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buy btc from coinhako cheaper than remitano today..
RM 67214 vs 69663
teq
post Jan 8 2018, 04:13 PM

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QUOTE(pokjak @ Jan 8 2018, 02:43 PM)
I have just created eth recieved add on luno to transfer from remitano... but got error message on remitano "contract address is not allowed". What did I do wrong?
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make sure the address is for ETH, not BTC
teq
post Jan 12 2018, 01:50 PM

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QUOTE(joevo2 @ Jan 12 2018, 01:49 PM)
Why ETH dont have the exchange screen? I enabled the ETH wallet but it doesnt have the exchange feature like btc? i dont want to use the instant buy/sell function.
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you must buy btc to trade for eth in btc/eth exchange

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