Luno picks AmBank as primary banker for exchange in Malaysia

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

KUALA LUMPUR: London headquartered Luno, the first regulator approved crypto currency exchange in Malaysia, has appointed AmBank as its primary banker to support operations of its exchange.

In a joint statement issued on Monday, they said the Luno app has an instant purchase option that gives customers a simple way to buy, sell and store cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).