This post is about my Luno Malaysia review.
If you want to own some cryptocurrencies and are looking for a good crypto platform, read on. I’ll share all I know based on my experience using the platform, including how you can get RM50 worth of Bitcoin using my Luno Promo Code (LNMICH50, valid through 2022) at the bottom of this post.
(As a new Luno user, you are eligible to redeem only one of my two Luno codes. Learn the promotion details to use the codes successfully.)
Table of Contents
- Who is Luno Malaysia?
- How did I come to know about Luno?
- Why did I choose Luno Malaysia?
- What are Luno Malaysia fees?
- How to buy Bitcoin through Luno Malaysia?
- How to withdraw money from Luno?
What are the things I love about Luno?
- 1. Simple registration
- 2. Easy-to-use platform
- 3. Sophisticated security system
- 4. Low minimal purchase
- 5. Transparency in transactions
- 6. Price alerts
- 7. Timely and reliable withdrawal
- 8. Excellent customer support team
- 9. Attractive referral program
- 10. Auto-invest through Repeat Buy feature
- 11. Lively crypto learning portal
- Things that I hope to see in Luno Malaysia
- Luno promo code
- Final thoughts
[Disclaimer: I am not a certified financial planner. My sharing is purely based on my own research and personal experience. To make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a certified financial planner if necessary]
Who is Luno Malaysia?
Luno is a leading global cryptocurrency platform with its headquarters in London and a local presence in the countries below:
- Capetown, South Africa
- Kuala Lumpur, Malaysia
- Johannesburg, South Africa
- Jakarta, Indonesia
- Lagos, Nigeria
- Sydney, Australia
As of the time of writing, the service is available in more than 40 countries, including Malaysia.
Now, what is cryptocurrency (crypto)? It is a type of currency that appears in digital format instead of the physical paper money we use daily. This means you can’t physically hold a cryptocurrency, but you will be able to see it through digital devices such as smartphones, laptops, desktops or tablet computers.
Just like paper money, you can use cryptocurrency as a medium of exchange. Some of the well-known cryptocurrencies include the following:
- Bitcoin (BTC)
- Ethereum (ETH)
- Ripple XRP (XRP)
One of the ways to own cryptocurrency is to buy through a crypto platform such as Luno.
Thus, Luno is a digital platform where its users can safely and easily buy, store and learn about cryptocurrencies.
How did I come to know about Luno?
In 2017, I was looking for a crypto platform for my first Bitcoin purchase. At that time, I was aware that Luno is among the crypto platforms in Malaysia.
But I ended up buying Bitcoin through Remitano Malaysia. I share the experience in another post, How to buy Bitcoin in Malaysia.
Then in 2019, I learned that Luno relaunched its operation in Malaysia after becoming the first cryptocurrency exchange approved by the Securities Commission Malaysia (SC) to run a Digital Asset Exchange (DAX) in the country.
That SC approval given to Luno Malaysia got my attention. Mostly with regards to security and feeling protected as a digital asset holder in Malaysia.
After doing my research about the crypto exchange and its operation in Malaysia, I registered for Luno Malaysia in early March 2020.
Why did I choose Luno Malaysia?
In this Luno Malaysia review, allow me to share why I choose Luno as one of my cryptocurrency platforms.
1. Luno Malaysia has full approval from SC
The main reason is that Luno has received full approval from SC to operate as a registered DAX operator in Malaysia.
From the crypto news, it’s clear that the SC is very strict with the approval for crypto exchanges in Malaysia:
- January 2019 – 45 crypto exchanges were operating in the country
- March 2019 – 21 exchanges were ordered to cease their business
- June 2019 – 19 crypto exchanges were ordered to cease their business
- June 2019 – Luno is the first among the 3 crypto exchanges to receive SC approval
Are you curious about the details of the approval? You can read the SC guideline on digital assets on its website.
With SC approval, I feel safe and secure when buying cryptos such as Bitcoin through Luno Malaysia. At least I know Luno Malaysia won’t run away with my deposits.
This greatly reduces some of the risks of my Bitcoin investment.
2. Luno Malaysia has a local team
Secondly is because Luno has a local team providing services to Luno users in Malaysia.
I feel more comfortable using a service that has a local team.
3. Luno Instant Buy and Sell Feature
Thirdly is because of the Luno Instant Buy/Sell feature.
To maximize my crypto investment, I need a fast, safe and reliable platform to buy or sell my digital coins.
The feature helps me to complete my transaction in seconds.
What are Luno Malaysia fees?
This Luno Malaysia review is incomplete without mentioning its transaction fees.
Generally, Luno fees are quite competitive and it is based on the country where you are situated.
Below are the fees for the Luno Malaysia platform.
Luno offers free deposits for RM100 and above. For a deposit below RM100, there is an RM0.70 fee per transaction.
If you don’t want to pay the fees, make a minimal deposit of RM100.
Deposit and withdrawal limit
The deposit and withdrawal limits are based on the verification level below:
- Verification Level 1: Confirm your mobile number and your basic personal details
- Level 2: Submit a photo or scan of your government-issued ID and a selfie photo
- Level 3: Enter your residential address and select your employment status, occupation and source of funds
The screenshot below shows the deposit and withdrawal limits for the crypto exchange.
If you are a level 2 user and you want to withdraw RM20,000 from your Luno wallet, you may withdraw RM10,000 first, followed by another RM10,000 the following month.
Else, you may submit additional requirements to be a level 3 user so that you can withdraw RM20,000 at once.
Instant buy/sell fees
For Instant Buy/Sell using the Luno Wallet, the fee is 2%.
You will be able to see the 2% fees before you confirm your buy or sell order.
Fees for sending crypto from Luno wallet
If you want to send crypto from your Luno wallet, take note of the sending crypto fees as per my screenshot below.
Generally, dynamic fees are applied for sending to crypto addresses, except 0.03% for sending to XRP addresses. Dynamic fees mean the fees vary depending on the network traffic.
If you don’t want to pay fees for sending Bitcoin, you may send it to the recipient’s email address or mobile number.
Fees for receiving crypto to Luno wallet
Luno does not charge for receiving Bitcoin, Bitcoin Cash, Ethereum, Ripple and Litecoin to its wallet except for an equivalent transaction fee if you receive 0.000100 or lower Bitcoin to your BTC address.
The equivalent transaction fee for receiving BTC 0.000100 and lower is to combat dusting attacks, a tactic used by hackers and scammers to determine the identity of the person or company behind a crypto wallet.
When you make a withdrawal from your Luno wallet to your bank account (through Interbank GIRO), the fee is RM0.10 per transaction.
For those who wish to buy or sell crypto through the Luno exchange, below is a screenshot of Maker fees and Taker fees.
Generally, Maker fees are between 0.25% to 0% depending on the assigned tier based on the total 30-day trading volume.
As for market Taker, the fees are between 0.50% to 0.15% depending on the assigned tier based on the total 30-day trading volume.
All the above-mentioned fees might change from time to time. Thus, it is best to refer to the fee schedule on the Luno website.
How to buy Bitcoin through Luno Malaysia?
Through this Luno Malaysia review, let me share how to buy Bitcoin via the Luno wallet aka Instant Buy.
As cryptocurrency is often related to volatility and risk, before you proceed to buy or invest in Bitcoin or other altcoins (digital currency other than Bitcoin) via Luno, I would advise you to take two minutes to read through the Luno Risk Warning page.
1. Register for Luno Malaysia
The first step is to register for a Luno Malaysia account.
As for me, I registered for a Luno Malaysia account through an existing Luno user’s referral link aka Refer A Friend program. After I bought RM300 of Bitcoin, I immediately received RM25 worth of Bitcoin credited to my Luno wallet.
Here is the screenshot of the free RM25 in Bitcoin:
That 0.00090535 BTC signup bonus is worth RM256 when the Bitcoin price was at its all-time high of RM282,900 on 11 November 2021.
So, the free Bitcoin you received through the referral program or special Luno promotion could turn into a significant amount in the future. Thus, don’t miss out on the opportunity to earn free Bitcoin.
You will find my special RM50 Luno Promo Code details at the bottom of this Luno Malaysia review, including how to use the promo code. If you prefer the RM25 Luno Refer A Friend instead, you’ll find my Luno Invite Code further below.
Do take note, that a new Luno user may redeem ONLY ONE of the two Luno promo codes.
And here’s the process of getting onboard Luno Malaysia. You can either register through the Luno app or the Luno website.
Register through the Luno app
- Download the Luno app on your device.
- Enter your email address.
- Create a password.
- Choose the country.
- Click ‘SIGN UP’.
- Check your email inbox to verify your email address.
Register through the Luno website
- Click ‘Sign up’ on the Luno homepage.
- Enter your email address.
- Create a password.
- Choose the country.
- Click reCaptcha ‘I’m not a robot’.
- Click ‘SIGN UP’.
- Check your email inbox to verify your email address.
And here is a brief description of the rest of the procedure to complete your Luno Malaysia registration:
- Upon signing up, Luno will send you a verification email.
- Follow the instructions to verify the email address.
- For the Luno Wallet setting, enter your mobile number so that Luno can send you security alerts.
- Then, verify your mobile number by entering the one-time password (OTP) sent to your mobile.
- If you are using web-based, the next step is to set up Two Factor-Authentication (2FA) for additional security:
- You can use either Authy or Google Authenticator app for the 2FA.
- If you are using the Luno app, the next step is to set up 4-digit codes for confirmation of the transaction.
- Lastly, upload 2 personal documents:
- Malaysian NRIC (front and back)
- a selfie
Then, wait for your Luno Malaysia account activation. It can take up to five business days for the verification of documents.
As for my Luno registration, it took about three business days for activation.
2. Deposit money to Luno wallet
When your account is activated, the first thing is to redeem a Luno reward code, such as my RM50 Luno Promo Code or the RM25 Luno Refer A Friend invite code.
Once the unique code is applied successfully, you can start depositing money into your Luno account through FPX or bank transfer:
- FPX instant transfer
- the fund is immediately available in Luno Wallet.
- a fee of RM0.70 per transaction applied for FPX transfer less than RM100.
- Bank transfer
- the fund available in Luno Wallet within 1 to 2 hours.
- a fee of RM0.70 per transaction applied for bank transfers less than RM100.
Below are the procedures on how to make a deposit through the FPX Instant Transfer.
1. Go to Luno Wallet. Click on the ‘MYR’. Select ‘Deposit’.
2. Choose the type of deposit.
3. Enter the deposit amount.
4. Make sure to deposit from your own account.
5. Complete the deposit through FPX.
Once you’ve completed the FPX transfer through your prefered bank, keep a copy of your transaction. The deposit should appear in your Luno wallet within a minute or two.
At the same time, Luno will send a notification through your registered email on the deposit made.
From my experience, the deposit was reflected immediately after I completed my FPX instant transfer. As for bank transfers, it took about two hours before the deposit is reflected in my Luno wallets.
If you are making the deposit for the first time, you may consider depositing the minimum required amount just to try out the whole process.
3. Buy bitcoin in Malaysia through Luno Instant Buy
When the deposit is reflected in your Luno account, you can start buying Bitcoin through its Instant Buy feature.
The buying process is rather straightforward.
Below is the step by step on how to buy Bitcoin through Luno Instant Buy.
1. Tab on the ‘Wallets‘ on either Luno apps or web-based.
2. Select ‘Buy‘.
3. Choose to buy once-off.
4. Choose how to pay for your Bitcoin.
Choose ‘MYR Wallet‘ if you are buying Bitcoin for the first time on the Luno platform. You might need to create a Bitcoin wallet to store your Bitcoin if you haven’t created one.
5. Enter the amount you wish to buy.
You can enter the amount in MYR or in BTC.
6. Buy order confirmation screen.
7. Confirm your buy order.
Once you’ve checked and are satisfied with the order confirmation details, click on ‘CONFIRM’.
8. Successfully bought Bitcoin.
Next, you’ll see a screen mentioning you’ve successfully bought the amount of Bitcoin.
9. View the Bitcoin balance in your BTC wallet.
Finally, you can now view the newly bought Bitcoin in your BTC wallet.
For sharing purposes, I’ve seen an error message after I click on ‘CONFIRM’. The error message was due to some differences in the order confirmation vs the current Bitcoin price.
As Bitcoin price moves fast, there could be price differences between the time the order is created vs the time when you click on ‘CONFIRM’.
But, don’t worry. You can always check your wallet to see if the amount has been deducted. And I suggest trying out your first purchase in a small amount, just to experience the buying process. After all, Luno allows you to buy Bitcoin with just RM1.
The buying process will be the same for other cryptos available on the platform. Do take note that you’ll need to store each crypto in its own wallet.
How to withdraw money from Luno?
Once you’ve made some good profit from your Luno crypto investment, you might be wondering how to withdraw your money from your Luno wallet to your bank account.
Here is the complete Luno withdrawal process.
Luno Malaysia withdrawal procedure
The step-by-step below is based on my experience.
1. Tab on the ‘Wallets‘ on either Luno apps or web-based.
2. Choose your ‘Local Currency‘.
In my case, Malaysian Ringgit (MYR). Make sure you have sufficient balance for withdrawal.
3. Tab on the ‘Withdraw‘ button.
4. Choose which bank you want to withdraw your balance from.
If you have not added your bank account, choose to ‘Add new bank account‘ option.
- Make sure your bank account name is the same as your Luno account holder’s name.
- Choose your bank from the drop-down list.
- Enter your bank account number.
Once you’ve submitted your new bank account details, wait for the Luno team to approve your bank account. Then, you can proceed to make a withdrawal from your wallet.
To expedite your Luno withdrawal, add your bank account details earlier. Preferably right after your account is activated.
5. Enter the amount you wish to withdraw.
You’ll see a withdrawal confirmation screen. Check if the details are ok, then click on ‘Confirm‘.
6. Enter your 6-digit 2FA code.
Enter your 6-digit 2FA code to verify your withdrawal request.
7. Withdrawal request completed.
Once you’ve completed the withdrawal request, Luno will immediately send you an email notification.
Next, Luno will send you another email notification mentioning they’ve processed the withdrawal and transferred the amount to your bank account.
How long does Luno withdrawal take?
Luno stated that it can take up to two business days before the withdrawal amount is reflected in your bank account. This is due to interbank payment schedules.
So far I’ve made two withdrawals from Luno. For both withdrawals, I received my fund within one day.
What are Luno Malaysia withdrawal fees?
The Luno withdrawal fee is RM0.10 per transaction. The fee is deducted from your Luno Wallet.
What is Luno Malaysia’s withdrawal limit?
Luno’s maximum withdrawal amount is:
- RM10,000 per month for Level 2 customers.
- RM300,000 per month for Level 3 customers.
And Luno’s minimum withdrawal amount is RM1.
Why is Luno withdrawal delayed?
If your withdrawal is delayed, you can check the timeline of your withdrawal request.
Next, check your interbank payment schedules.
What to do if I still haven’t received my withdrawal?
If you are concerned about your delayed withdrawal, you may reach out to the Luno support team through a Luno ticket/inquiry form.
How to expedite Luno withdrawal?
Below are some of my personal tips for a smooth withdrawal procedure:
- Update bank accounts information right after you signed up for your Luno account. This can save on bank account verification time.
- Plan your withdrawal (avoid withdrawal during public holidays or weekends, but plan your withdrawal during the business days, preferably early in the morning).
What are the things I love about Luno?
In this Luno Malaysia review, I will also share the things I love about Luno.
1. Simple registration
Luno makes it simple to register for an account.
Other than the delay in receiving the SMS for my mobile number verification, I consider the onboarding process smooth and straightforward.
2. Easy-to-use platform
I like the user-friendly Luno Malaysia platform.
I can easily browse around and look for things I need with the sleek interface and minimal navigation menu.
Something very obvious is I get to see the crypto (such as Bitcoin) price immediately when I am on the Luno homepage. This is very helpful and thoughtful because the crypto price is the most important thing I want to see when I am at a crypto exchange.
3. Sophisticated security system
Now and then, there’s news about cryptocurrency exchanges being hacked. So, the security system is an important part of a cryptocurrency exchange.
Luno claimed to have a sophisticated security system for:
- Bitcoin storage.
- account login authentication.
- company security.
I am aware no platform is 100% secured from hacks and cyber thefts. But, at least multiple layers of security systems have a higher chance of reducing the risks.
4. Low minimal purchase
Do you know that you can buy cryptocurrencies with just RM1 through Luno Malaysia?
So, you can first try out the crypto exchange with a small amount. From there, you can decide if you want to include crypto in your investment portfolio.
5. Transparency in transactions
Every time I confirm a buy or sell transaction on Luno Malaysia, I can see the actual service charge (in RM) for that particular transaction.
Although I know the service charge is approximately 2%, I feel comfortable knowing the actual service charge before I click on the ‘confirm’ button.
6. Price alerts
When I got my Luno account, I immediately created a few alerts. I find that the Price Alerts feature has been helpful and useful for my Bitcoin investment strategies.
As Bitcoin prices swing up and down, I no longer worry about missing out on critical Bitcoin buying or selling opportunities.
7. Timely and reliable withdrawal
As mentioned earlier, I’ve sold some Bitcoin through Luno Malaysia and tried out the withdrawal feature.
I received my money within one working day. Thus, I consider the withdrawal process timely and most importantly, reliable.
8. Excellent customer support team
I’ve also sent a few enquiries to the Luno customer support team.
I am impressed with the responses from Luno Customer Success Team. These are the reasons:
- they provide prompt and real answers to all my enquiries.
- their email is a personal type of response (not a copy-paste type of generic answer).
- their replies sound helpful, friendly and courteous too.
The marketing teams also provide a helpful and reliable response to my enquiries.
9. Attractive referral program
I also find Luno Malaysia offers an attractive referral program aka Refer A Friend program.
Through the Refer A Friend program, I get RM25 worth of Bitcoin rewards for each new user I refer to Luno. In return, the new user (referee) also receives RM25 in Bitcoin when he signed up, applied my Luno referral code (invite code) and bought the specified minimum crypto amount.
It is a win-win situation for both the referral and the referee. And who does not want to receive free Bitcoin?
In case you prefer the RM25 worth of Bitcoin instead of the RM50 Bitcoin, the invite code above PAWHVW is my valid Luno referral code for the RM25 worth of Bitcoin.
You may refer to the step-by-step at the bottom of this review on how to redeem the Bitcoin rewards successfully.
10. Auto-invest through Repeat Buy feature
I also find the auto-invest through the Luno Repeat Buy feature practical and convenient.
Currently, I am not using this feature. But I do have plans to automate my crypto investing soon.
11. Lively crypto learning portal
Lastly, I enjoy learning more about cryptocurrency through the Luno Learning Portal.
On top of the learning portal, the Luno blog also offers great updates on the happenings around the crypto world.
Things that I hope to see in Luno Malaysia
1. More crypto available
At the moment, users can choose from 8 cryptocurrencies on the Luno Malaysia platform. So far, Luno is the one with the most crypto available among all the SC-approved DAX.
Let’s hope that more crypto will be made available soon on the exchange.
2. Cryptocurrency Savings Wallet
I am also looking forward to the cryptocurrency Savings Wallet feature.
I hope to make some earnings while keeping the cryptos in my Luno wallet.
3. List of the referee for the Luno referral program
Currently, Luno sends out notifications whenever someone successfully redeems my Luno referral code.
It will be great if I can see the list and status of those who entered my Luno referral code through the Refer A Friend program.
Luno promo code
In this Luno Malaysia review, you’ll find different Luno promo codes available. You may choose based on your preferences. These Luno promo codes are valid and confirmed works.
Do take note of the requirements to claim the Luno promo codes successfully.
Luno Malaysia promo code (RM50 in Bitcoin)
As part of the collaboration with Luno Malaysia, The Money Magnet readers are eligible to receive RM50 worth of Bitcoin through my Luno Promo Code.
To redeem the RM50 worth of Bitcoin, take note of the following:
- register for Luno Malaysia (web-based or app);
- enter my Luno Promo Code LNMICH50 at the ‘Rewards’ tab;
- buy RM500 of cryptocurrency through Instant Buy by 31 December 2022.
With the free RM50 worth of Bitcoin rewards, I hope you’ll find this Luno promotion exciting and encouraging.
Further details on how to use the promo code as below.
How to use the Luno promo code?
Once your Luno account is activated, immediately redeem your Luno promo code for the RM50 worth of Bitcoin.
The reasons are:
- If you make any transaction before entering the Luno promo code, you are not eligible for the RM50 worth of Bitcoin.
- You might forget to enter the promo code. Thus, you miss the opportunity to receive the RM50 worth of Bitcoin.
To redeem the promo code, click on the ‘Rewards‘ menu on the Luno website or Luno app.
Then, look for the ‘Enter Code‘ tab. And you may enter my Luno promo code LNMICH50. Click ‘Apply Code‘.
Here is the screenshot to redeem through the Luno website or Luno app.
1. Look for Luno ‘Rewards’ tab
On Luno’s ‘Rewards‘ tab, look for the ‘Enter Code‘ tab.
2. Enter the Luno promo code
Add my Luno promo code <LNMICH50> as shown in the screenshot below.
3. Take note of Luno’s ‘Get your reward‘ screen
Once you click ‘Apply Code‘, the next screen on the Luno app should show the ‘Get your reward‘ screen below.
As long as you see the ‘Get your reward‘ screen above with ‘Buy MYR 500 worth of crypto‘ and ‘You get MYR 50 in Bitcoin‘, it means your RM50 Promo Code is successfully activated.
4. Buy a minimum of RM500 of crypto through Luno Instant Buy
Next, you may continue to click ‘Buy‘ and make your first deposit to Luno Wallet. Or, you may make the deposit when you are ready to do so.
Once your crypto purchase through Instant Buy reaches RM500, you’ll see another screen, mentioning you’ve been rewarded with RM50 in Bitcoin. At the same time, you’ll receive an email notification from Luno, mentioning the Bitcoin rewards.
Below is a screenshot of my husband’s Luno app for the RM50 Bitcoin he received through my Luno Promo Code when his crypto purchase reached the RM500 threshold.
From the print screen above, you’ll notice that the amount received is RM49.99 instead of RM50. This is because Bitcoin price fluctuates fast. Thus, the actual amount received is an approximate value of about RM50.
Important notes on the RM50 Luno Promo Code
Do take note of some of the T&Cs to be eligible for the RM50 Luno code:
- You must be a new Luno Malaysia customer.
- You must enter my Luno promo code LNMICH50 once your Luno Malaysia account is activated (before you make any deposit to your Luno account).
- Your cryptocurrency purchase reach RM500 by 31 December 2022.
- Your crypto purchase is through the Instant Buy feature.
Other details that might help you to redeem the RM50 Luno code successfully:
- You can buy RM500 crypto in one transaction or buy in a few transactions until you hit the RM500 crypto threshold.
- You can buy any cryptocurrencies offered by Luno.
- The promo code is not valid on the Luno Exchange.
- The promo code cannot be combined with other promotions (including Refer A Friend program).
For any issue or enquiry, you can’t find on Luno Help, you may write a support ticket to Luno through the Luno customer support link.
As for the validity of my Luno Promo Code, any further extension of the promotion is upon approval by Luno Malaysia. Should there be any changes, I shall update them in this review. If needed, please come back often to check on the latest promotion due date.
The complete Promo Rules are available on Luno’s website, under Crypto reward promotions.
Just in case you’re having any issues or enquiries with my Luno promo code, please leave a comment below or send me an email. I’ll attend to you as soon as possible.
Luno Malaysia promo code (RM25 in Bitcoin)
The second Luno promo code is through Luno’s Refer A Friend program which comes with RM25 rewards in Bitcoin.
In case you prefer the RM25 worth of Bitcoin instead of the RM50 Bitcoin, the invite code below is my valid Luno referral code for the RM25 worth of Bitcoin.
To redeem the RM25 of Bitcoin, you are required to:
- Register for Luno Malaysia;
- Enter my Luno invite code PAWHVW at the ‘Rewards’ tab upon registering your account;
- Buy the specified amount of cryptocurrencies using Luno Instant Buy.
You can purchase the minimum amount in one lump sum or multiple orders. Once you reach the minimum threshold, you’ll receive a pending rewards notification.
After 30 days, you’ll receive another notification that your RM25 Bitcoin reward is ready to collect. You can log in and claim your RM25 rewards in Bitcoin.
Alternatively, you may choose to register through my Luno invite link. The screenshot and instructions as below:
- Sign up with my Luno invite link;
- Deposit and buy MYR 250* in crypto through Instant Buy (Luno exchange not included);
- We both get MYR 25.00 in free Bitcoin as a reward.
For your information, my invite link above is already tagged with my Luno promo code PAWHVW. You don’t have to enter the Luno promo code on the rewards tab.
(*Luno has the right to adjust or amend the minimum crypto purchase amount at any time.)
To check the minimum crypto purchase amount, you may click on my Luno invite link. If you are happy with the offer, click on the ‘Get Started’ button.
Do check out the rules for Luno Refer A Friend program.
Luno promo code (applicable globally to all new Luno users)
My Luno Refer A Friend promo code <PAWHVW> is also applicable to all new users where the Luno service is available.
For example, if you are using Luno Singapore, Luno South Africa or Luno United States (US) and you are looking for a promo code, you may use my code <PAWHVW>.
Here is the list of the countries where Luno service is available:
- South Africa
- United States
For the updated list, you may refer to the country listing on the Luno website.
Do take note that the Bitcoin rewards and the minimum crypto purchase rewards vary, depending on the participating countries. To check the availability including the rewards and minimum crypto purchase, you may click on my Luno invite link.
Below is an example of the Bitcoin rewards and minimum crypto purchases for new Luno users in Malaysia.
When you click on my invite link, Luno will divert you to a specific country or region (based on your internet connection). From there, you can check the offer displayed on the invite link.
To redeem the signup rewards, follow the requirements on the promotion screen.
If you’ve questions regarding the invite code, please comment below. I’ll try my best to assist. Or, you may reach out to the Luno customer support team.
The complete rules are available on the Luno website, under Refer A Friend.
Personally, I love Luno as my cryptocurrency platform. The main reason is that it is approved by the Securities Commission Malaysia. I feel safe liaising with an entity approved by the government.
If you haven’t signed up for Luno Malaysia, register a Luno Malaysia account now. Get your Luno account ready, so that you can start investing when the right opportunity comes.
I hope you find my Luno Malaysia review helpful. I shall update this review whenever I have a new experience with Luno. If you have any enquiries on this review, feel free to drop your comment below.
Lastly, don’t forget to redeem the RM50 worth of Bitcoin using my Luno Promo Code LNMICH50 (Malaysia users) or PAWHVW (other participating countries).
Featured image courtesy of Luno Malaysia
All screenshots were taken by the author