In my experience with Luno, I do not think it is good enough to be recommended to anyone.
When buying ETH - fees are around 2%
When selling ETH - fees are around 2 %
In the end, the fees are close to 2.5 times the profit I made.
After selling need to wait almost 48 hours for the money to be deposited into your bank account.

This post has been edited by basilpaschal: Aug 5 2021, 02:02 PM

Good for beginners, not so good for experienced.

My fees are 0.25% maker or 0.5% taker

takes few hours for them to submit interbank giro withdrawal, then after submitted less than 6 hours get the money in my bank. Unless you withdraw on saturday, then need to wait until next business day to get the money (monday).

that's how giro works.

you check your luno ledger, alot of totals are not correct. huge problem.

Good for investment in main coins, not trading.

Buy at market la 0.25% who ask u buy on instant

The worst is their price chart is not in real time

No choice even if it isn't good, since this is the most legit one at the moment in Malaysia.

damn basic compared to binance, barely aby analytical stats

Use the exchange. The fees are much lower

Only use Luno as long term investment.

Luno is good.

If u only looking 4 btc, eth, ltc, xrp, bch.... N planning to hold longterm.... Why not...

good for newcomers. but gov can track your earnings and hunt you down if you dont pay capital gain taxes

Fees is disgusting

But its the only exchange approved in malaysia right?

So anything happens can make police report

Worth it for safety I think

cannot use cc, not fun lol

for hodling n withdrawing good, for trading, nope

U play like forex
Luno is not a good 1

etoro i think also ok. need min rm4-5k deposit so out some's reach.
spread is shit, but on market crash days i dont see why not, better than luno since they have a profit loss calculator....
cant bulk sell all trades is a problem though. now dunno can already or not.

This post has been edited by GHBZDK: Aug 5 2021, 02:33 PM

She got subs. Not bad

i think if u use luno for trading probably not a good idea.
for hodling no problem.