Luno Malaysia: Bitcoin Cash now supported, zero FPX fee for deposits of RM100 and above

Luno Malaysia users can now buy and sell Bitcoin Cash (BCH) and this is the 5th approved cryptocurrency in Malaysia. Yesterday, users are able to create their Bitcoin Cash wallet within the Luno app and they can start trading in BCH.

As reported recently, the Securities Commission (SC) of Malaysia has approved BCH as the 5th digital asset after Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Litecoin (LTC). Luno is one of 3 approved digital asset exchanges (DAX) that are authorised by SC to provide cryptocurrency trading in Malaysia.

At the time of writing, BCH is currently valued at RM4,491 while BTC is currently priced at RM227,574.

In case you missed it, Luno Malaysia has waived the 70 sen charge for FPX instant transfer. This is applicable starting from today for deposits of at least RM100. For more info, you can visit Luno’s website.

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Alexander Wong