Luno LRC conversion on 11 November: What Malaysian holders should check

For a Malaysian Luno user still holding LRC, the next useful step is to check the official account notice and preserve the transaction record. An announced conversion date is not a guaranteed ringgit payout amount.
What the LRC notice says
Luno’s regional delisting notice schedules remaining Malaysian LRC balances for automatic conversion to MYR on 11 November. Its extended sell-and-send window ended on 2 November.
Luno specifies a market-rate conversion and removal of the wallet from the app, with transaction history retained in account statements. It does not give an exact time, time zone, MYR proceeds or separate conversion-fee calculation.
Do not send new LRC to the old deposit address. Do not assume the earlier withdrawal window remains open.
How to keep a usable record
Luno’s statement-download guide describes the website route: sign in, open Portfolio, choose a wallet and select Download statement. Choose a date range and PDF or CSV, create the statement, then download it from the Statements section.
That guide describes an ordinary visible wallet. It does not show the exact screen for retrieving a removed LRC wallet. If you cannot locate its statement after removal, use Luno’s official support from your account rather than guessing that the record has been deleted.
A practical private checklist:
- Before checking the outcome: save any available balance and transaction records, plus the dated notice relevant to your account.
- When a conversion appears: compare the LRC quantity, recorded MYR credit, transaction date and any separately shown charges.
- If something is unclear: ask support to explain the specific entry. A market quote from another time or platform is not proof of the execution rate.
- Keep records private: redact account details before seeking help in a public forum. Do not share a password, recovery phrase or authentication code.
A MYR credit is different from a bank withdrawal
Conversion inside an exchange account and sending ringgit to your bank are separate events. Luno’s withdrawal schedule says Malaysian local-currency withdrawals are processed on weekdays excluding public holidays, with cut-off times and bank-processing dependencies. A conversion date therefore does not promise arrival in a bank account that day.
Check the current withdrawal schedule and Luno service status if you later request a cash withdrawal. Other exchanges may follow different procedures.
What should you do if a message asks for an extra transfer?
Open the app or official website yourself to verify it. An unsolicited link, a person claiming to be support or a demand to send crypto to “activate” a conversion should not replace the instructions inside your account. Do not let urgency push you into sharing credentials or sending money to an unverified destination.
For separate upcoming account changes, see our Luno Malaysia Exchange-upgrade checklist. That migration is a different event and should not be confused with the LRC delisting.
Sources checked 10 November 2026. This explains an existing announcement and does not confirm that an individual conversion has occurred. Schedules and account interfaces can change. Informational only, not investment or tax advice. No claim is made about Luno supporting gambling payments.