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Q&A Thoughts on Binance?

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ZZZzzz...
post Apr 21 2021, 05:56 PM

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QUOTE(HokkienMee_Lover @ Apr 21 2021, 10:04 AM)
im not sifu but for the verification part, yup i sent my ic and selfie pic to them for the verification, took them about 1-2 days to verify, i think i pick malaysia too, and also provide them the phone number of ur, but i forgot about that part, if they let u pick which country, can just pick malaysia if ur from here,
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Thanks Ya, don't know why they keep saying age not comply.
Our IC no direct age one is it because of this case?
Yeah when registering first time, there is no Malaysia on country/region. But for Verification/KYC part got Malaysia choice.
TSHokkienMee_Lover
post Apr 21 2021, 07:42 PM

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From: tetekland


QUOTE(ZZZzzz... @ Apr 21 2021, 05:56 PM)
Thanks Ya, don't know why they keep saying age not comply.
Our IC no direct age one is it because of this case?
Yeah when registering first time, there is no Malaysia on country/region. But for Verification/KYC part got Malaysia choice.
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that one im not sure, i just register acc and key in phone no. then verification part just send them ic and selfie, after a while they approved it
mister 288
post May 16 2021, 12:37 AM

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QUOTE(Pikichu @ Jan 31 2021, 02:30 PM)
locals prefer Luno
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QUOTE(Boy96 @ Jan 31 2021, 02:33 PM)
Transfer to xrp and send to luno, then withdraw?

Coz xrp have very2 low fees
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luno is approved by malaysian authorities because they will share your personal info with government. be aware of this if you are planning to invest/divest large sums, to avoid trouble from lhdn.
TSHokkienMee_Lover
post May 16 2021, 12:59 AM

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From: tetekland


QUOTE(mister 288 @ May 16 2021, 12:37 AM)
luno is approved by malaysian authorities because they will share your personal info with government. be aware of this if you are planning to invest/divest large sums, to avoid  trouble from lhdn.
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I planned on taking out the money from Binance xrp to luno then bank, guess that won’t be my choice

But let’s say i transfer a big sum deal on Binance, won’t the bank be suspicious of that although it doesn’t explicitly show its from Binance p2p for example??
mister 288
post May 23 2021, 12:58 PM

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QUOTE(HokkienMee_Lover @ May 16 2021, 12:59 AM)
I planned on taking out the money from Binance xrp to luno then bank, guess that won’t be my choice

But let’s say i transfer a big sum deal on Binance, won’t the bank be suspicious of that although it doesn’t explicitly show its from Binance p2p for example??
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look , its very simple, my presumption is , whenever your crypto funds or MYR funds , either enter LUNO or exit LUNO , automatically the malaysian government will know about it.

however if you talk about binance, then the usual red flagging procedures will apply.

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