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Luno Review

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Average

Revainrating 3.5 out of 5  
Rating 
3.7
Crypto Exchanges

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Description of Luno

Founded in 2013, Luno is a global cryptocurrency exchange and wallet provider headquartered in London, with regional hubs in Singapore and Cape Town. To date, Luno has processed more than USD$14 billion in transactions and has over 5 million customers spanning 40+ countries. Luno is an independent operating subsidiary of Digital Currency Group. Luno’s vision is to ‘upgrade the world to a better financial system’. Through Luno’s instant buy/sell feature, customers are able to purchase crypto with their local currency, or trade across 25 crypto to fiat pairs on the Luno Exchange (also available through the Luno API). Luno’s BTC Savings wallet allows customers to earn interest on their Bitcoin holdings by saving it in a separate wallet. All features are available on Luno’s mobile app for iOS and Android, and on desktop. Luno ensures that 95% of its crypto is stored in “deep freeze” multisignature wallets protected by various encryption layers. Luno works with regulators in the markets in which it operates (Malaysian operations are regulated by the Securities Commission Malaysia) and supports progressive regulation of the cryptocurrency industry. Luno has implemented robust AML/CFT measures, which include a mandatory, tiered approach to KYC, registration with local financial intelligence authorities, and the reporting of suspicious activity and transactions.

Reviews

Global ratings 26
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Type of review

One trade stage is running considering the way that it turned out to be more famous in 2013 however in mid-2016. It is bit by bit expanding anyplace on the planet. Albeit the interface is straightforward and superior grade, it is basic for anything you need. The objective is to offer clients a gateway that can purchase and foster cryptographic forms of money securely. Today, an adjustment of the moon is expanding its movement in Indonesia, Nigeria, Europe and Malaysia. The predominant…

Pros
  • I'm not sure what to do now.
  • It very well may be extremely amazing, particularly through wireless transmissions.
  • It is not difficult to utilize an easy to understand interface.
  • There is a cell program to make getting to the stage more perplexing.
  • Considering that, Fiat is tolerating its first activities and settlements.
Cons
  • Limited cryptography.
  • No charge card guide.

Revainrating 4 out of 5

Luno is a secure exchange

Luno started out in 2016 as Bitx, launched by Timothy Stranx who used to work for Google. By 2016, it rebranded into Luno and began a journey that has led to the making of what we know as Luno exchange and Luno wallet. Today, Luno exchange is running across growing markets in Indonesia, Nigeria, Europe and Malaysia. It is trading most popular cryptocurrencies ethereum and Bitcoin with Bitcoin gaining the best part of the market. Other cryptos like LTC and XRP are also traded. It also supports

Pros
  • Luno use bank grade security to protect user fund
  • Easy platform to buy and sell crypto and flat currencies
  • It is a multicurrency exchange that is open to growing markets of Nigeria, Indonesia, south Africa and Europe
  • The app is very easy to use for newbies and advanced users
  • It supports Mobile trading on iOS and Android
Cons
  • Poor customer services

Revainrating 4 out of 5

Popular platform for earning Luno

The Luno crypto exchange was launched in 2013, but only in 2016 it gained really great popularity, which remains to this day. The most popular coins are easily and simply traded on the exchange, with a very low commission - 0.1%, and when withdrawing - even without interest. The interface and site design are concise, easy to use, which allows you to perform all the necessary actions, but slowly and confidently. The security of the exchange for all the years exceeds all expectations - very…

Pros
  • Bank Grade Security
  • Supports many different fiats, popular coins are traded
  • Simple and clear interface
Cons
  • Inactive technical support, including through social networks
  • Trading and selling is not fast

Revainrating 4 out of 5

Lino exchange has been in existence for long with positive trend

Luno exchange was founded in 2013, by an expert who I know to work with Google. Luno is one of the fast growing exchanges, this exchange gas become one among the best 30. The exchange has many members especially people in Nigeria, Malaysia and Europe as a whole. Seriously the effort of the founder has to be appreciated, timothy stranx has really came up with peoples choice. 100% certainty that your funds are saved, the exchange uses a bank level security, which means hacking the exchange will…

Pros
  • Very fast
  • Has it own mobile app
  • Support many fiats
  • Very secured
Cons
  • The telegram is not active for about two days now

Revainrating 5 out of 5

LUNO CRYPTOCURRENCY EXCHANGE PLATFORM

Well, I truely have detected concerning Luno transactions from severa places, from social media to my opportunity buyers, and i set to offer it a partner degreed} verify my time in Luno is in the end charge it. offers it a try. Luno might be a digital platform for the exchange, buy and advertising of forex or digital assets. i am an Ethereum merchandiser and i understand Luno remarkable and helpful. Luno is predicated on superior and mature era to offer the only safety to your suppliers. In…

Pros
  • It is sponsored up through Barclays so it could be trusted
  • It has a well-to-do consumer offerings i'm able to promise you may enjoy.
  • It with ease receive fiat primarily based totally transactions and payments.
  • It has a cellular app for less complicated accessibility to the platform.
  • It has an clean to apply interface which makes buying and selling less complicated.
  • It could be very green particularly whilst buying and selling Ethereum.
Cons
  • It would not receive credit score card as a style of deposit

Luno This stage is one of the numerous stages that can be taken online as the organization is viewed as ordinary or typical, as there are a few techniques and near choices on a few stages, there is a typical security that gives basic arrangements when you purchase and sell your computerized money. Today, the Luno exchange is fostering its business in Indonesia, Nigeria, Europe and Malaysia. Bitcoin and the fundamental cryptographic types of Bitcoin capitalize available with Bitcoin. Other…

Pros
  • they can trade cryptographic forms of money effectively and rapidly.
Cons
  • I didn't discover the negatives.

Revainrating 3 out of 5

a portal that can safely buy and sell cryptocurrencies.

Luno This stage is one of the many stages that can be taken online as the administration is considered normal or normal, as there are several strategies and very comparative alternatives on several platforms, there is a common security that provides simple solutions when you buy and sell your digital currency. Today, the Luno trade is developing its business in Indonesia, Nigeria, Europe and Malaysia. Bitcoin and the main cryptographic forms of Bitcoin make the most of the market with Bitcoin…

Pros
  • they can exchange cryptocurrencies easily and quickly.
Cons
  • I didn’t find the negatives.

This trade stage has been working since 2013, however it acquired substantially more prevalence in mid-2016. It's anything but a trade that has been step by step extending around the world. The interface is absolutely straightforward and meets all things required in spite of not being so momentous. The objective is to give clients a gateway where they can purchase and sell digital forms of money securely. The stage guarantees that it keeps the individual information of clients encoded and…

Pros
  • Free straightforward choice for the buy and offer of digital forms of money. Exceptionally quick confirmation measure. Absolutely wonderful security components to guard our assets.
Cons
  • Restricted segment of digital forms of money and other fiat monetary standards. It doesn't have a particularly nitty gritty help administration. Administrative components without a permit and limited for certain nations.

Revainrating 5 out of 5

Best Fiat Deposit Choice in South Africa

A perfect starting point when depositing fiat in South Africa, with some exchanges charging 3% deposit fees, then adding extra international fees, Luno is the most cost effective method to convert fiat into crypto. If you primary plan to invest in BTC, BCH, ETH, LTC or XRP then this is the only exchange you'll need. If you plan to invest in altcoins on other exchanges, XRP and LTC can be deposited into them for very low transaction fees. The mobile app and website are extremely user friendly,

Pros
  • 0% Deposit Fee for EFT
  • 1.4% Deposit Fee for Instant EFT
  • 0% Withdrawal Fee
  • Up To 7.6% APY Savings Wallet
  • Intuitive Interface
Cons
  • Limited Cryptocurrencies
  • No Credit Card Support

Revainrating 3 out of 5

Simple exchange for buying and selling cryptocurrencies

This exchange platform has been operating since 2013, but it gained much more popularity in mid-2016. It is an exchange that has been gradually expanding worldwide. The interface is totally simple and meets everything necessary despite not being so remarkable. The goal is to give users a portal where they can buy and sell cryptocurrencies safely. The platform ensures that it keeps the personal data of users encrypted and stored for their security. Bitcoin wallets use deep freezing. No one…

Pros
  • Free simple option for the purchase and sale of cryptocurrencies. Very fast verification process. Totally remarkable security elements to keep our funds safe.
Cons
  • Limited section of cryptocurrencies and other fiat currencies. It does not have such a detailed support service. Regulatory elements without a license and restricted for some countries.

Revainrating 4 out of 5

My Encounters with Luno

Well, I have been hearing about Luno exchange from a lot of places ranging from social media down to my fellow traders and I decied to give it a try and I can conclude that my time with Luno was worth a try. Luno is a digital platform for exchanging , buying and selling digital currency or assets. I am an Ethereum trader and I find Luno very great and benificial. Built on advanced and sophisticated technology, Luno secures its service optimally. It was launched in 2013 and is a generally…

Pros
  • It is very efficient especially while trading ethereum.
  • It has an easy to use interface which makes trading easier.
  • It has a mobile app for easier accessiblity to the platform.
  • It readily accept fiat based transactions and payments.
  • It has a well-to-do customer services i can promise you'll enjoy.
  • It is backed up by Barclays so it can be trusted
Cons
  • It doesn't accept credit card as a mode of deposit

Revainrating 5 out of 5

I always suggest Luno.

Luno is one of my go to Exchanges when I want to make quick deposits and buy Bitcoin or Ethereum. At the time of writing this review, Luno supports Litecoin, Bitcoin, Xrp, Bitcoin Cash and Ethereum. It comes with a simple user interface that can also be customised for advanced users. Luno has an unorthodox feature to lock the Exchange wallets from sending out funds as a safety measure. Some users may or may not appreciate that but it's there if you need it. It's deposit and withdrawal fees…

Pros
  • Simple UI
  • Eady integration for bank deposits and withdrawal. Also in African countries.
  • Quick Exchange and withdrawals.
  • Has a mobile app.
  • Low deposit and withdrawal fees.
Cons
  • Supports only 5 coins.
  • No staking options.
  • Limited trading pairs.

Revainrating 4 out of 5

Luno

This is an asset exchange between platforms where users can change their assets easily and quickly, in addition to being able to buy and sell cryptocurrency safely, one of the main characteristics of this exchange is that users will be able to use a bitcoin wallet to that the operations and transfers are carried out faster since it will be linked and thus the fees for the commissions will be more economical.

Pros
  • Like other exchange platforms this supports a large number of ERC-20 assets.
  • It has a mobile application for Android and iOS.
  • The responses to make the transfer effective is fast.
  • Accepts Fiat currency.
  • It has a high liquidity.
  • It is linked to wallets.
  • It has excellent security.
Cons
  • It is limited in some countries.
  • It is not a regulated exchange.

Revainrating 4 out of 5

Luno

Luno is a platform for digital assets where users can exchange cryptocurrencies in an easy and fast way, this platform has excellent security when carrying out operations, which makes it a very safe exchange so that users can make transfers without trouble. Regarding the transfer commission rates, they are low compared to other exchange platforms, maintaining a margin of less than 1%. This wallet has the characteristic that users can use fiat currency within the exchange to buy…

Pros
  • It is a secure platform.
  • Accept fiat currency.
  • It has a good easy interface for users with less experience.
Cons
  • It supports little cryptocurrencies.

Revainrating 4 out of 5

luno

Luno this is a cryptocurrency exchange platform that offers many services to its users, one of these characteristics is its liquidity in its operations since they are very effective and instantaneous, it has an additional wallet that does not give its users the ease to be able to storing your cryptocurrencies, also has a very competitive security in the market, as its interdaz this has very good optimization in terms of its use and its settings giving accessibility to its users. and it admits…

Pros
  • fiat currency holder
  • liquidity in very effective transactions
  • very competitive security
  • optimized interface for new users
  • he has his own wallet
Cons
  • few cryptocurrencies to operate

Revainrating 3 out of 5

Luno

Luno This platform is one of the many platforms that we can get on the internet since its services are considered normal or common since it has several methods and Very similar options on multiple plataform It has a very good security providing easy options to manage your assets when buying and selling your cryptocurrencies. This platform is very feasible for traders who are used to making quick daily transactions since it does not provide a great experience for traders in addition to having…

Pros
  • Good services in transactions
  • Good security
  • multiple cryptocurrencies available
Cons
  • Little information about the platform

Revainrating 3 out of 5

Luno

This exchange platform compared to many on the market is cataloged with normal and common functions in multiple of them since it offers purchase, sale and exchange of cryptocurrencies quickly as well as security since it has multiple authentication methods, it has material It is a great help for new users since it provides information of importance to them, in addition to providing a bitcoin wallet with which we can store the assets exchanged or purchased on this platform, it is not an…

Pros
  • Easy to use
  • Transaction security
  • Low rates
Cons
  • poor customer service

Revainrating 4 out of 5

Luno

This is one of the cryptocurrency exchanges to be able to make all kinds of transactions such as buying and exchanging this, this offers a btc wallet where it can be used anywhere in the world, This has a very variable interest rate in each country where I find you vary the rate and the transactions, the interface of this exchange platform is very good since it offers the services and it is not slow or complicated, this makes it attractive for the digital currency community.

Pros
  • you can make very fast transactions and change from Bitcoin to fiat currencies
  • The interface of this is very good and fast
  • Security is very competitive with the digital currency market
  • Supports 4 languages in this including English
Cons
  • it is limited in some countries

Revainrating 3 out of 5

Luno

This exchange platform has spent several years providing its services to all users who choose it over others. This platform offers its optimal services to exchange different cryptocurrencies to the assets that best seem to us. This platform also has very good security. It also gives us a high standard for processing transactions in a very short time giving you a noticeable advantage over your competition. Luno is an ideal platform for new users since it is easy To use to carry out these first

Pros
  • Acceptable security
  • Transactions at optimal speed
  • Easy to use
Cons
  • Nothing for me

Luno is one of the favorite exchangers in Indonesia, this is because more and more users from Indonesia are using Luno. Even Luno has official legality under the Minister of Trade, BAPPEBTI. This makes Luno one of the 2 Most Exchanged Exchangers that has been regulated by BAPPEBTI besides Indodax. I think that if Luno is improved the quality of service and features can be the best exchanger for some time to come.

Pros
  • Quick and easy way to trade bitcoin against fiat currencies
Cons
  • No margin lending or advanced tradings tools
  • low liquidity