Review on Luno by Fanuel PORPORTY
Luno is a digital asset exchange that targets mainly users in developing countries.
Luno is a bitcoin exchange and payment service operating in 40 countries across Europe and several developing and middle-income countries. The exchange offers trading in bitcoin and ethereum, the two largest coins by market capitalization, across fiat currencies. The Luno wallet and payment app make it easier than ever to send, receive and spend your crypto and fiat. Education is provided through the Luno Learning Portal and blog for the beginner bitcoin trader. Luno makes using crypto in the real world easy. You can convert your crypto into your local currency at any time and spend it.
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Pros
- all-in-one. All trading functions are accessible in markets that support exchange trading.
- Quick and easy way to trade bitcoin against fiat currencies
- Businesses can accept and pay in crypto with a business account
Cons
- Unregulated
- No margin lending or advanced tradings tools
- Low liquidity
