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 Luno Malaysia, Your experience, reviews, thoughts

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ultrajack
post Nov 9 2024, 05:14 PM

Getting Started
**
Junior Member
207 posts

Joined: Sep 2010
Hi guys,

I have been using Luno to DCA and buy BTC.

However I just realized that this means I'm buying BTC/MYR instead of BTC/USD. Please correct me if I'm wrong.

BTC/MYR has surpassed the All time high but BTC/Myr has not. This means that I'm losing gains?

This has made me consider to switch platform.

Question:

- How do I switch platform and transfer the money? If I sell everything on luno and buy the equivalent amount on another platform, will I be in the same position as currently?

Also if you can help to recommend me some good platform to buy crypto in malaysia I would really appreciate it!

Thanks alot in advance!
ultrajack
post Nov 10 2024, 02:00 AM

Getting Started
**
Junior Member
207 posts

Joined: Sep 2010
QUOTE(ultrajack @ Nov 9 2024, 05:14 PM)
Hi guys,

I have been using Luno to DCA and buy BTC.

However I just realized that this means I'm buying BTC/MYR instead of BTC/USD. Please correct me if I'm wrong.

BTC/MYR has surpassed the All time high but BTC/Myr has not. This means that I'm losing gains?

This has made me consider to switch platform.

Question:

- How do I switch platform and transfer the money? If I sell everything on luno and buy the equivalent amount on another platform, will I be in the same position as currently?

Also if you can help to recommend me some good platform to buy crypto in malaysia I would really appreciate it!

Thanks alot in advance!
*
Sorry typo. I meant btc/usd has surpassed previous all time but btc/myr has not.

 

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