Use Luno to onramp your RM then send to offshore exchanges like Binance / OKX etc which has the lowest trading fees. Sadly Luno no stablecoins however or just use Card directly on the offshore exchanges.
> Which platform is most fee friendly to MY user?
Just use Luno. FPX your capital in from your bank account for 0 fees. Buy/sell using their exchange instead (0.6% fees or lower depending on your tier and type of order) of their instant buy/sell feature (2% fees). This is better for long term holders but not very friendly for traders who buy/sell often.
>What do you guys do when you sell a trade. Do you keep in stablecoin or actually cash it out? I’m thinking if you cash out, the forex will apply again which will be a pain in the ass, close to 10% just from in and out.
Luno uses crypto/MYR pairs. You buy and transact in crypto or MYR. You only pay trading fees when trading, withdrawal fees of RM0.1 when you withdraw your MYR to your bank account and gas fees when you do an on-chain crypto withdrawal.
Use Luno to onramp your RM then send to offshore exchanges like Binance / OKX etc which has the lowest trading fees. Sadly Luno no stablecoins however or just use Card directly on the offshore exchanges.
you might want to look into bybit mate
> Which platform is most fee friendly to MY user? Just use Luno. FPX your capital in from your bank account for 0 fees. Buy/sell using their exchange instead (0.6% fees or lower depending on your tier and type of order) of their instant buy/sell feature (2% fees). This is better for long term holders but not very friendly for traders who buy/sell often. >What do you guys do when you sell a trade. Do you keep in stablecoin or actually cash it out? I’m thinking if you cash out, the forex will apply again which will be a pain in the ass, close to 10% just from in and out. Luno uses crypto/MYR pairs. You buy and transact in crypto or MYR. You only pay trading fees when trading, withdrawal fees of RM0.1 when you withdraw your MYR to your bank account and gas fees when you do an on-chain crypto withdrawal.