Luno is a cryptocurrency exchange and wallet service, focused on facilitating the adoption of cryptocurrencies like Bitcoin and Ethereum. With a user-friendly platform and strong security measures, Luno also offers educational resources to help beginners navigate the crypto landscape.
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Luno is a global cryptocurrency exchange launched in 2013, offering users the ability to buy, sell, and store digital assets. Headquartered in London, Luno operates in over 40 countries, including key markets like South Africa, Nigeria, Malaysia, and Indonesia. The platform focuses on user-friendliness, security, and regulatory compliance, making it ideal for both beginner and intermediate crypto traders.
To use Luno, start by signing up with your email and verifying your identity. Once your account is approved, you can deposit funds via bank transfer, card, or local payment options depending on your country. You can then buy or sell cryptocurrencies instantly or through the Luno Exchange interface. Luno also offers a mobile app for users who prefer to trade on the go.
Luno uses a transparent fee structure. Instant buy and sell trades typically carry a 2% fee. For advanced traders using the exchange interface, maker fees are often 0%, while taker fees range from 0.1% to 0.6%, depending on trading volume and region. Additional fees may apply for deposits or withdrawals based on the selected payment method.
Yes, Luno is considered a secure platform. It employs industry-standard security measures such as two-factor authentication (2FA), cold wallet storage for most funds, and encryption protocols. Luno also maintains regulatory compliance in the countries where it operates, which adds an additional layer of trust for its users.
Luno offers a focused selection of popular cryptocurrencies. These include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). This curated list is designed to ensure liquidity, reduce risk, and simplify the trading experience for users.
