Saturday, August 2, 2025
  • Hype
  • Murai
  • Lipstiq
  • Miss Murai
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zoneUpdated
    • ViewnetUpdated
    • Sri ComputersUpdated
    • StartecUpdated
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zoneUpdated
    • ViewnetUpdated
    • Sri ComputersUpdated
    • StartecUpdated
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Cryptocurrency

Luno Now Supports Instant Deposits Via FPX

by John Law
November 3, 2020
297
SHARES
Share on FacebookShare on Twitter

Luno, the cryptocurrency exchange, recently announced that it will now accept online instant deposits via Financial Process Exchange, or FPX for short. Additionally, all FPX deposits will be conducted by AmBank, Luno’s preferred and appointed banking partner.

As its official press release, FPX will now provide Luno users with the option to deposit money into their Luno accounts instantly, enabling them to buy and sell their preferred cryptocurrency, cutting out the usual downtime that comes with bank transfers or other forms of transactions. Then, as now, Luno only trades in four types of cryptocurrencies: Bitcoin Ethereum, Ripple, and Litecoin.

If you’re doing via your smartphone, depositing money via FPX is a straightforward affair: simply choose the “FPX Instant transfer” option, and punch in the amount of Ringgit you wish to deposit. From there, you’ll be redirected to a third-party portal, where you’ll then be asked to follow a set of instructions in order to confirm the initial transaction.

Luno became the first and only official cryptocurrency exchange in Malaysia when it finally received full approval from the Securities Commission (SC) in 2019. That said, the exchange’s journey to becoming a full-fledged company wasn’t without its own set of hurdles.

Technically, the company started way back in 2015 but ran into issues with Bank Negara Malaysia (BNM) in 2017. That same year, the exchange was barred from operating in Malaysia and all its accounts – they belonged to a local entity by the name of BitX Malaysia at the time – were frozen by the Internal Revenue Board (IRB). Rather than make a hasty exit, though, Luno stuck around and in 2018, officially registered itself with the SC.

ALSO READ:  Luno Adds HBAR And GRT Coins To Its Portfolio

(Source: Luno)

Filed Under cryptocurrency exchangefpxluno
Updated 12:37 pm, Wed, 4 November 20
http://lowy.at/XHlUR
Share119Tweet74SendShare

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

No Result
View All Result

TRENDING THIS WEEK

  1. 1
    Action Cameras

    AKASO 360 Lands In Malaysia; Starts From RM899

  2. 2
    How-To's

    RM100 SARA: How To Redeem, And Everything Else You Need To Know

  3. 3
    Transportation

    Malaysia Aims For MLFF Toll System Implementation By 2027

  4. 4
    Random As It Gets

    Someone Patented This Controller Design

  5. 5
    News

    Intel To Consolidate Chip Assembly And Test Operations In Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Miss Murai
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zone
    • Viewnet
    • Sri Computers
    • Startec
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zone
    • Viewnet
    • Sri Computers
    • Startec
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.