PANDELELA DIVES INTO CRYPTO


'Using Luno's tracking feature, I'm able to monitor the value of my crypto, so I feel in control at all times, says Datuk Pandelela Rinong.

DATUK Pandelela Rinong trains for at least eight hours a day and the routine is nothing less than rigorous for the Olympic diver.

During times when she is not breaking a sweat in the pool, Pandelela would be undergoing physical fitness and body conditioning training – leaving little wiggle room for leisure.

And with the little time that she is able to squeeze out from her hectic schedule, the diving queen places a large emphasis on financial fitness, as does her physical fitness.

To Pandelela, both matters are equally important. Her curiosity about financial wellbeing led her to the world of digital assets whereby she aims to grow her wealth and be informed about the cryptocurrency world.

But like many Malaysians and those starting their journey in the crypto space, she found herself drowned in a sea of information. Distinguishing between legitimate and illegitimate sources was an equally tiresome struggle.

This ultimately led Pandelela to Luno, a leading digital asset exchange (DAX) regulated by the Securities Commission Malaysia.

“Throughout my life, I’ve always aimed for stability in both career and finances. When I first discovered digital assets, I was amazed to see the vast number of resources available for newcomers to cryptocurrency.BM content on the Luno app to support Malaysians in getting started on their financial fitness journey.BM content on the Luno app to support Malaysians in getting started on their financial fitness journey.

“However, I quickly found that there are also many illegitimate sources and that learning the right information was as crucial, if not more so, than simply consuming it.

“This is where I found Luno’s Move with Luno campaign to be exciting, as it addresses the information gap by not just providing accurate, reliable information but also sharing that information in our national language which I’m sure will make it more accessible to millions of Malaysians,” said Pandelela, who chose to be a Luno ambassador.

Being one that champions inclusivity in everything she does, she found that this is a key area where her values match that of Luno, which envisions a world where financial services are made accessible to all through digital assets.

Move with Luno

Financial literacy has always been at the core of Luno’s mission in making digital assets more accessible.

To this end, Luno has launched Move with Luno, a campaign aimed at empowering Malaysians to build a stronger understanding of digital assets and investing as part of their financial literacy, and will use education to dispel common misconceptions surrounding cryptocurrencies.

This campaign saw Luno investing in localising its app and content in Bahasa Melayu, which is now available for all users along with public education activities to support Malaysians in getting started on their financial fitness journey.

Luno believes that it is important for Malaysians to be extra careful with the content that they consume and ensure that they are privy to the right information before making their own decisions when investing in digital assets.

As the subject matter of crypto is still in its infancy, Luno strongly believes that Malaysians must prepare for a future with digital assets to be better equipped in wealth management.

Seamless features

Pandelela said she was glad that there are a few features in Luno that have made adapting to cryptocurrency much more seamless than anticipated.

“As someone who is always on the move, it’s important that I’m able to grow my crypto portfolio with ease. Luno’s ‘repeat buy’ feature affords me the luxury to do so through automated monthly purchases.

“Despite my busy schedule, I’m also constantly looking to keep an eye out on my investment, and crypto is no different. Using Luno’s tracking feature, I’m able to monitor the value of my crypto, so I feel in control at all times.

Luno offering of tradable coins are Cardono (ADA), Solana (SOL), Chainlink (LINK), Uniswap (Uni), Britcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP) and Bitcoin Cash (BCH).Luno offering of tradable coins are Cardono (ADA), Solana (SOL), Chainlink (LINK), Uniswap (Uni), Britcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP) and Bitcoin Cash (BCH).

“Security is also incredibly important as I continue to navigate my way through the crypto world. As the scene is rapidly changing, Luno is also constantly feeding me information on things like how to keep my cryptocurrency safe and what to pay attention to when deciding on what coin to invest in next, making me feel safe,” she said.

Luno processes more than RM1bil of transactions annually from more than 700,000 investors on its platform.

It recently expanded its range of investible digital assets to nine, with the newest coins being Cardano (ADA) and Solana (SOL), following the addition of Chainlink (LINK) and Uniswap (UNI) earlier this year.

This makes Luno a regulated DAX platform with the largest coin offering, with other tradable coins on Luno including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP) and Bitcoin Cash (BCH).

To learn more about digital assets and Luno’s Move with Luno initiative, go to invest.luno.com/movewithluno-en .

Read more about Luno’s terms of use and risks associated with cryptocurrencies at www.luno.com .

This article is for informational and educational purposes only and readers should not construe any such information as investment or financial advice. Investing in cryptocurrency is high risk and may result in loss of capital as the value can fluctuate. Luno recommends that individuals consult with a licensed financial planner on investment in cryptocurrency. The Securities Commission Malaysia’s approval of the listing of digital assets on Luno does not amount to nor indicate that the SC has recommended nor endorsed the product or service.

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