Luno waives admin fee for deposits above RM100 starting 5th May
Luno Malaysia has just notified users that they will be waiving the RM0.70 admin free for any transfer above RM100 using FPX or bank transfer. This will be starting from 5th May 2021, but I guess as with any investment tool, you most probably won’t be waiting till next week to buy your crypto.
Deposits of less than RM100 will still incur the same RM0.70 fee to cover their internal costs. All their other fees will also remain the same, so you will still have to pay the respective fees for withdrawal or trading your cryptocurrency.
You can currently buy BTC, ETH, LTC and Ripple on Luno, with it being the first cryptocurrency exchange in Malaysia to be approved to operate as a Recognized Market Operator (Digital Asset Exchange) by the Securities Commission of Malaysia.
Pokdepinion: I just put RM250 in earlier this week…
