What other reliable exchange that can be used?

Preferably one that supports direct withdrawal to paper currency.

Support for multi currency withdrawal is a plus.

I have already sold off all my crypto in Luno as I prepared to move out.

What else should I consider if I make the change to other exchange?

Or should I just go FSM instead?

why dont wanna use luno anymore?

luno fee is abit high but worth the convenience i guess

Nolu

Coz circuit breaker when price shoot up/down. Cant sell/buy on time

binance lo...
at least if u trade in luno, if got problem u can go to Sec Com if any problem.

Binance i dont know, whether is safe enough to trade via P2P?
Every other plateform also ok 1, but the moment u cash out, its via Credit card, and credit card cannot withdraw cash 1

Use binance. If you want to liquidate your cryptos, recommend to use the P2P platform. At the moment, the P2P fees is 0%.

Any alternative that is less fees. Yesterday I pump 1000 on eth. Only get 980 or so. Eth go up high...now I take out another fee....so thier fee is profit from my profit. If one time cost ok. Both in and out got cost...

Because Luno banyak CB (circuit breaker).

Anytime a crypto goes high volatility you cannot buy/sell at all effectively trapping you.

In the end you earn less because you can't sell at the highest point of the peak and you lose more because you can't let go holding when the price is sliding.

remitano

cex.io

i never kena this problem before, use the exchange dont use the buy now button

Binance?

Excange also kena lock down during the circuit breaker

r u fully verified in luno?

P2P platform are like? Sister is noob to Brokerage. Please show some light

There are some but it's up to you because each has its own pros and cons. My recommendations list below has Binance, Remi, Kucoin, etc.

https://vgoskins.com/cryptocurrency-exchanges.

wow 1000 eth is like 6mil wor

i was using bittrex before, now change to Binance.

Its very good platform.

To put it simply.

I want to buy 1 Bitcoin

You have 1 Bitcoin to sell at RM6,969.

I say ok, I buy your 1 Bitcoin

You say ok, I reserve the 1 Bitcoin @ 69,69.

System locks your 1 Bitcoin until I directly make the bank payment to you.

I say ok, pay liao.

You see money inside your account, syiok liao can buy lolex.

You agree to release BTC to me. System transfers BTC to me.

Happy ending.

later if got CGT, kena another round

lolex. ah. For bf? Dont want ler. i want Diamond

I see. So it is like DeFi?

U bodoh and blame luno...... Who use direct buy......

I also wanna move away from Luno

thought I could just easily send my cryptos from Luno's wallet to my Binance, but there's fee for this too and it's outrageously almost 50% of the amount I want to transfer.. jesus..

also, can one transfer BTC from one exchange to another exchange?

Have you tried cashing out to credit card??... i heard that it doesnt work...
visa or master card?

Really!?

I here by certify u bodoh.

Aiyoyo ... he mean RM1000 worth of ETH la , not 1000ETH duhhhh ...

So Binance is a lot better? Haven't started yet but thinking of buying some in the near future

nah I was just trying to send RM100 worth of ETH first to my Binance that time.. Luno's fee was roughly RM56 for this.

it would be ridiculous if they charged a whopping 50% fee for every transaction, so what I think actually happen was they charge RM50ish fee for every transaction between platform's wallet (no matter how small the amount of transaction)..

so don't transfer small amounts then.. lulz

So you saying you got BIG amount?

heck no lulz

binance

wat if dont have credit card

Got 1000 ETH as good as whale ady, got time to sembang in /k? Lol logic la

Any erc-20 token and btc are not suitable to transfer small value and high frequency amount. It is not a luno issue. You're gonna face same fee in binance as well

Genting

#donedakwah

Remitano la. Been using both remi and luno for years.

Remi got wallet can instant withdraw/deposit money straight to/from your bank account.

This post has been edited by ISawYou: Feb 4 2021, 12:59 PM

I thought Luno can directly withdraw to bank account as well?

Stupid SC rules.

Binance can withdraw straight to paper currency?

Yes can, but luno interbank with charges. remitano instant with free.

This post has been edited by ISawYou: Feb 4 2021, 01:05 PM

You never use exchange ah? Unless your profit is less than 0.5%?

Mana ada. Deposit to Luno is free with bank transfer. Took less than a day for me (actually less than an hour iinm). Withdrawal 10 cent. Took less than a day also.

This post has been edited by whyamiblack: Feb 4 2021, 01:42 PM

What earn less ?

The other day when xrp dumped, I scooped XRP 30% below market.
CB is meant to protect you all

Oh little one. You must be nee to crypto world to not know how Luno is screwing over with their CB and high fees.

Lucky I manage to sell when the dip started before they launch their CB, I manage to make profit. Unfortunately for those who got stucked in the CB. They probably lost 15% or less or more.

There are but not in Malaysia. How much you need to withdraw ?

You buy and sell on exchange, 0.5+0.5 = 1.0%

0.25+0.25%. Post-only order. No taker fee

I advise you all not to use those wallet.
Remitano "rents" bank account from ppl. If one day those accounts got flagged or frozen for receiving scam money your bank account can be frozen as well.

Binance for exchange market
Remitano for p2p

Exchange ?

Luno has an exchange. You can use it to set limit order for buy/sell so when it hits that price and there's a buyer/seller, it will execute the trade. The fee is 0.25% for both maker and taker. You can also set post-only order so you don't have to pay taker fee. Meaning you only pay 0.25% fee.

This post has been edited by whyamiblack: Feb 4 2021, 01:36 PM

Yeah just noticed that learning it now thanks for your info

can, use p2p sell btc or usdt, will bank in straight.

remitano not very professional in my experience, there are few times my fund get stuck and need to contact customer support and they took 2-3 days to solve my problem.

0.25?
Drop to 0.2 liao. At least mine show 0.2 fee. Yours is 0.25?

My last trade was last month. It was 0.25%. Nice la drop fee. Hopefully soon can get to 0.1% or less. Don't really wanna move to Binance because only interested in BTC and ETH plus Luno is backed by SC.

This post has been edited by whyamiblack: Feb 4 2021, 01:54 PM

Really?

IMO the only time anyone should use Luno's basic buy/sell is when you can use those RM25/RM50 free coupon etc. That's why they give those coupons. To promote the simple function. But that simple function comes at a cost and a way for them to make extra profits. After the coupon, exchange is a must.

I found it. I thought you can ONLY execute/do trade it from phone. thank you

This post has been edited by Syie9^_^: Feb 4 2021, 02:00 PM

I thought you can only trade buy sell with those platform approve by security commission?

Other than that you're not allowed?

I'm abit shocked that some of you did not know that there is an exchange in Luno.

In https://www.luno.com/, look for the word "Exchange" or "Trade (Don't know why in firefox is called Trade)".

In app, at the upper right, look for the 3 dots.

You can but at your own risk. If they collapse or any issues with them, SC will not help.

You are allowed but at your own risk.
If anything happens to Luno, SCM can help you.
Others that are not regulated, sendiri settle

ic, i'm not daily trader...normally hodl for sometimes only sell it. so far ok for me, didn't experience such issue.

Except in my case I do earn less.

I try to sell when it hit RM3 but Luno go CB cannot sell.

When I am able sell the price already dropped far lower.

have anyone use both remitano and Binance p2p? which one is better?

thanks to Doomsday i now use Binance as the primary CEX instead of Luno.

of course DEX is plentiful and very easy to use with Metamask wallet.

dex has very very limited capability now due to how ethereum works, I guess things will be better when Polkadot or Cardano DEX go live. Luno is really for dinosaur use, not much innovation or features from them other than sell/buy.

And it got worst, it charges me RM15 for transaction fee in Luno, but in the blockchain explorer I saw the fees is like only RM5, so stupid one.

I didnt Know there is exchange with B747 cockpit

any platform can use credit card without much fee?

remitano?

i did, i cash out to Visa. they will Debit all the cash amount.
but u cannot transfer to your Saving/current account ( depend on bank, Maybank dont allow)

Binance P2P rates are better than remitano. U can compare their rates before doing the transactions.

Cc from which bank ler?.. i would want to register also in this case.. More options than cashing out apart from luno is always welcomed..

Maybank cant trasnfer from CC to Saving/Current.

i dont know other bank, but like may said, use P2P. u can straight cash into your bank account

Remitano seems very risky since it depends on the dealing between users instead of selling on a market.

all the best bro, any misc not sure can post here..

together untung besar

what risk?
buy and sell at the rate set early in the morning

Time to buy Doge

BBBBBBUUUUUUUUUU

If i'm not mistaken, you have to take out from Binance wallet and send it to Luno/Remitano to change to RM right?

can change to RM from binance using its p2p exchange

Heard story of people got scammed of their coins where buyers refused to pay after the coin is sent years ago.

Not sure if it is still happening or not

my recent deal with remitano
when u sell
remitano will hold the amount
untill u click u have received the money
then remitano will release the amount to the buyer

same with when u buy