1 reviews | Active since Dec 2015
If you receive an amount lower than BTC 0.0001, you’ll be charged this equivalent fee
"If you receive BTC 0.0001 or above, you’ll have the full amount allocated to your wallet (in other words, no fees). But if you receive an amount lower than BTC 0.0001, you’ll be charged this equivalent receive fee."
So in other words, if you want to move a small amount of BTC into your Luno wallet, Luno hold the right to take it for themselves to mitigate a Dusting Attack
What a load of ****
There's no mention of this in the BTC wallet when you copy your address It's only in the fine print of the terms of use The small little part that 99% of users don't bother looking at
They will hit you with notifications and pop ups to make sure you copy the address correctly, or that you're using the right type of ETH Network
But send a small amount of BTC to your wallet? Too bad. It's theirs now
Kinda ****my if you ask me Not very happy about that
