Thread by @LiyanaMohtar

5 simple steps to buy #Bitcoin and other crypto currency using Luno!

1. Download Luno, register and wait for Luno to verify you account. Usually take around one-few days.

*If you want RM25 free BTC, use this link to sign up and deposit RM250 in BTC luno.com/invite/5H5ZXP

If you already downloaded the Luno app and wanted the free RM25.00 BTC ,just put this code 5H5ZXP here

2. After dah dapat verification from Luno, you will see this on your account

3. Ada 4 jenis crypto on Luno,
BTC (Bitcoin)
ETH (Ethereum)
LTC (Litecoin)
XRP (Ripple)
All of these are different from each other, need to do some research to really understand what's the difference.

*ETH, LTC, XRP is called ALTcoins = Alternative coins to Bitcoin

Why only 4 crypto? Well there are around 5 thousand ALTcoin in the world, however Luno only choose these 3 ALTcoins bcs they are the "safest".
ETH is 2nd biggest crypto, LTC is the "silver" of crypto as to BTC is the "gold" of crypto. XRP i belum study lagi.

4. Tekan wallet and deposit your money there. Minimum Rm10 je deposit

5. Once wallet dah ada balance, you choose which crypto you want to buy and key in the amount, 2% service charge.
Congratulations you just bought crypto 🤑

Okay extra info:
Tekan Exhange and it will take you to a detailed chart. Can see daily, weekly, monthly and yearly chart.

If you want to see more detailed chart, use Luno desktop, they use Tradingview chart.

Pro tip for building you crypto portfolio:
Always have BTC as majority of your portfolio.

Mine is 60 BTC: 20 ETH: 20 LTC
This is bcs if big companies were to invest in crypto, they will choose BTC. And BTC is a "big brother" to ALTcoins, if BTC jatuh, ALTcoins pun jatuh juga

I bought ETH and LTC bcs I believe in their future value. And they are considered as "undervalued". But keep it mind that ETH/LTC was born in 2015 and 2011 respectively, very very young, so they are volatile as well.

To have lower buy/sell fee tips:

Buy from Exchange, fee is only 0.25% instead of 2% using wallet. But here you have to "bid" your price. This is to automate/schedule your buying as well. You dont have to monitor the chart 24/7. But if you buy in big volume, it will become 0.5%

And sell is only 0.5% using exchange. And you can also automate/schedule to sell your crypto here too.

If you need to withdraw your money, just click withdraw and send it to you bank account

You can set price alerts too.
Let's say current price is 155K, and you want to buy when the price goes lower for example 150K, you set an alert and you will receive a notification when it reaches the price

If you want to know more on Luno, watch this video where @mrmoneytv3 interviews Luno's Partnerships and Affiliate Lead, Scarlett

Other than cryptocurrency trading platform that's authorised by Security Commission Malaysia are Sinegy and Tokenize, but I haven't tried them yet. I think they have other ALTcoins there. Feel free to use their platform as well.

Add: Free rm25 using referral code can only be redeemed if you buy Bitcoin using wallet, through exchange tak dapat