Luno got 2% fee and another cheaper one banyak sohai tot 2% is fix. The other one is 0.5% and 0.25%. check all local exchange for the best rate some time luno cheap some one sky high price. Fyi cheapest network fee is LTC luno charge like 1 cent je if withdraw from luno to other exchange , binance charge like 300-400x luno fee .

Buy Eth on Luno, swap to UST on Uniswap, then bridge via Terra's official bridge if no use Binance.

Inside luno app got 2 section normal 2% one and cheaper one ( exchange ) . If u pay 2% u memang water fish.

I’ll stick to BTC then swap to UST on an exchange that can do so such as Kucoin or Binance. Just found out can’t exchange BTC to UST on Dex. Once have UST then transfer to Terra on Anchor Protocol. Their 20% apy will drop starting end of this mth until it is stable.

Found a thread on Reddit: https://www.reddit.com/r/CryptoCurrency/com...utm_name=iossmf
Not sure if got better way.

Planning to put a bit in Anchor. Don’t trust it enough to put in a high amount.

Will try binance as it is cheaper:
https://www.binance.com/en/fee/cryptoFee

https://www.binance.com/en/convert

Need to check transfer fee and conversion rate.

Can check the rest here.. for binance doesn’t seem accurate tho:
https://withdrawalfees.com/coins/terrausd

Hmm didn’t know not every wallet can transfer to Terra. I thought if got address then ok to go?

Interesting video. Warnings and how AP works.

Can buy BTC at Luno then transfer over to Binance to swap. If scare trace then use VPN. (Our gov all asleep no worries )
Yea better go for something that's less risky. AP has been around for a year plus liao with many good reviews. Still as the youtuber says there's a risk it might collapse.. Albeit a harder due to its strong foundation and supporters now.

Put a bit should be ok.. Put in entire life savings then better not.

I asking at the crypto main thread.. got ppl got banned before. Not sure now back to normal?
https://www.imoney.my/articles/binance-malaysia

If want buy BTC wait for it to drop below USD40k per bit coin.. after studying its price for some time I can safely say that’s the support level. If buy above that then higher risk. Also better to buy and sell short term make a few hundred bucks each time. Long term is dangerous. Never know if another crash is coming.

BigPay now works seamlessly with Binance P2P, no issues.

Just a coincidence, I'm currently doing Anchor Protocol + Mirror delta neutral short+long farming strategy with my play money of my portfolio, so I had some homework done.

I have a few methods, pick your poison ya. I'm not a fan of Binance so I found my own routes below.

1. Kadoramp directly to Terra wallet. (One-way)
2USD flat fee, up to 500USD transaction limit initially (0.4% cost), simple KYC that can be done in 5min. This is easily the cheapest and least loss way to get UST if you have a Wise card to pay in USD on best rates.

Total fee: 2USD flat + ~0.5% Wise forex charges

2. Luno (two-way)
Buy LTC (LTC has the smallest different between market prices and Luno prices), send to KuCoin, trade LTC for USDT, trade USDT for UST, withdraw to TerraWallet. LTC send cost is negligible from Luno, and KuCoin trading cost is low, UST withdrawal fee is 2UST.

Total fee: 2UST flat, ~0.25% LTC purchase fee on Luno (maker fee), ~0.5USD LTC send fees, 0.1% x2 Kucoin trading fee

3. Atom (two-way, advanced)
Buy LTC -> trade for USDT on Kucoin -> trade USDT for Atom -> withdraw to Keplr wallet -> Interblockchain send from COSMOS (ATOM) to OSMOSIS, on Osmosis app, swap Atom for UST or Luna if you'd like, withdraw to Terra Wallet. It's possible to use the same seed phrase of TerraWallet on Keplr wallet so you save one sending process.
Total fee: 0.25% LTC purchase fee, 0 fee once your money reach Osmosis. 0.1% x2 on KuCoin, ~0.5USD Atom withdrawal fee on KuCoin

Option 1 is the best if you just want to deposit.
Option 2 is the easiest withdrawal path.
Option 3 has no minimum fee so it's more small deposit friendly but takes some knowledge to setup.

Keep in mind if you purchase crypto via non-LUNO exchanges, you better keep those transaction records if LHDN find you in the future for your crypto gains.

Hi, I have a question. Would it be wise to apply for personal loan since interest personal loan 5% and staking at anchor return 19%.

Please advise.

What is the cost from UST --> MYR?
Haven't staked yet so unsure of cost.

Reddit full of complaints too:
https://www.reddit.com/r/AnchorProtocol/

UST price fell to 70+ cents. Luna is now below USD10.

https://coinmarketcap.com/currencies/terrausd/

https://coinmarketcap.com/currencies/terra-luna/

If Luna price keeps going down it will drag UST along with it. The spiral seems to keep getting worse. Made worse with panic withdrawals and sells on the market.

After this I will stay far far away from algorithmic stablecoins..

SEC also seem unamuse by this and they will likely do something to stablecoins after seeing this fiasco. Regulations incoming? :
https://www.protocol.com/bulletins/terra-st...ecoin-loses-peg

Previously SEC did subpoena Do Kwon but he fought back and refuse to attend the hearing.

some at Reddit say no hope liao.. it is the end.
no idea how Terra is going to recover their UST peg. For now it seems impossible.

you have Luna? if got then just hold first till it at least recovers some of its value.

Do Kwon plan to keep mint new Luna hence will cause it to oversupply the market, until UST value gain back its peg at USD1. So expect Luna's price to keep crashing until this happens.
Can check this at his twitter on his latest plans: https://twitter.com/stablekwon

at least UST now went up to 70 cents.. but trust severely broken. Many at Reddit say they will never use Anchor again.

Well, GG for UST.