QUOTE(TheLegend27 @ Dec 27 2020, 07:37 PM)
a bit late to start investing in btc now. 
Patience wait until market correction which is coming soon 
Luno Malaysia, Your experience, reviews, thoughts
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 Dec 28 2020, 04:05 PM
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#1
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Senior Member
6,427 posts Joined: Jan 2003 From: Autobiography!!! 
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Dec 30 2020, 04:34 AM
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#2
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6,427 posts Joined: Jan 2003 From: Autobiography!!!
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QUOTE(dayamin @ Dec 28 2020, 04:26 PM) maybe new year will drop abit ? Downtrend starting already but difficult to see whether it will hit 18k usd by q2 looks more like range trading between 21-26k on q1 2021 well hope ripple can bounce back, if ripple drop less than 0.2$ , gonna buy some to invest Ripple better drop below to 0.1 then time to buy and hold again |
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Jan 21 2021, 10:32 PM
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#3
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6,427 posts Joined: Jan 2003 From: Autobiography!!!
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QUOTE(!@#$%^ @ Jan 19 2021, 06:02 PM) so common Too many new accounts until they can’t handle |
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May 2 2021, 05:14 AM
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#4
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Senior Member
6,427 posts Joined: Jan 2003 From: Autobiography!!!
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QUOTE(majorarmstrong @ May 1 2021, 08:57 PM) My son ask me buy some and keep Just buy BTC and XRPI say I put rm250 into each coin The other 2 LTC and ETH currently ATH appreciation will be slow Better buy mother coin and lower value coin to take opportunity riding the wave now |
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May 5 2021, 05:46 PM
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#5
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6,427 posts Joined: Jan 2003 From: Autobiography!!!
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QUOTE(hehe86 @ May 5 2021, 02:18 PM) Hi guys, is there any way to know what USD forex rate Luno is using? Following BNM rates plus 2% |
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May 5 2021, 06:29 PM
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#6
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Senior Member
6,427 posts Joined: Jan 2003 From: Autobiography!!!
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QUOTE(jack2 @ May 5 2021, 06:10 PM) Dont simply say... Luno is not following market rate. You can go divide yourself on Luno exchange with RM4.12 + 2% will give you the price with another 0.5% for spread FX with current market All the prices queued are buyers and sellers and it doesnt follow market rate at all. It is on buyer an seller basic. Luno follow market rates just that the spread, FX charges and network fees are high  |
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Nov 11 2021, 12:28 PM
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#7
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QUOTE(JollyRogers @ Nov 11 2021, 01:56 AM) Rate in LUNO is US$1 = Rm4.12x It is around 4.23 atm He asking about this lah ! QUOTE(Win Win Inspiration @ Nov 11 2021, 09:39 AM) At times I check on the tying rates it's at RM4.16x, or few cents fluctuation. It will fluctuate by 2% due FX conversion so you be paying at 4.23Correct me if I am wrong. Win Win Inspiration liked this post
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Nov 12 2021, 04:05 AM
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#8
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Senior Member
6,427 posts Joined: Jan 2003 From: Autobiography!!!
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QUOTE(Win Win Inspiration @ Nov 11 2021, 03:00 PM) Meaning for every buy-in transaction, there will be this difference due to the exchanges? Definitely will have minimum 2% as it is charged by the banks so no choice to cough it up to buy in Luno Nothing do with the exchange but Luno banks charges them which the6 passed on to the users |
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Nov 12 2021, 10:30 PM
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#9
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Senior Member
6,427 posts Joined: Jan 2003 From: Autobiography!!!
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QUOTE(jack2 @ Nov 12 2021, 12:18 PM) wrong info. Nothing to do with demand and supply when the fluctuations is due to bank charges to LunoLuno's exchange is determined by buyers and sellers. It is nothing related to banks or whatever charges. When RM drop today by 0.5% currently Luno it is charging rm4.26 from 4.23 so it is factored in when buying in Luno |
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Nov 13 2021, 01:26 AM
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#10
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Senior Member
6,427 posts Joined: Jan 2003 From: Autobiography!!!
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QUOTE(jack2 @ Nov 12 2021, 11:55 PM) damn... you still do not understand the whole scenario and I don't know what is so called bank charges? Just go convert Luno underlying and you know why got sucker paying 2% more in FX charges Luno is not determined by bank charges? what is bank charges? bank fee? bank transfer fee? cheque fee? forex exchange rate lah.. bank charges pula it is not determined by any forex exchange rate!!!! It is truly by demand and supply i.e. willing buyer, willing seller basic.... |
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