Luno: licences, security, fees and reviews

Centralized exchange

In short

Legal entity: Luno (Pty) Ltd, incorporated in South Africa (counterparty under the main terms of use)
Risks and caveats: Local currency deposited with Luno becomes Luno's property; the customer holds a claim against Luno for the credited amount.
Checked: 28 October 2026

Visitor ratings: do you like Luno?

Key facts

Type: Centralized exchange
Exchange launched: 2013
Country of registration: Singapore
Official site: luno.com

Data: CoinGecko, 2026-10-27. Only exchanges that operate today with a CoinGecko trust score of 6/10 or higher are listed.

What is Luno

Luno is a centralised cryptocurrency platform launched in 2013 and an independently operated subsidiary of Digital Currency Group (DCG). It offers buying, selling and exchange trading of crypto, staking, tokenised stocks and OTC services through licensed local entities in markets such as South Africa, Malaysia, Indonesia, Nigeria and Australia.

Services

Services — Luno
Parameter	Details
Spot trading	Instant buy/sell and the Luno Exchange order book.
Staking / Earn	Staking with rewards paid weekly to the user's wallet.
Fiat deposits	Local currency deposits into a Luno bank account, available after identity verification.
OTC	OTC desk and institutional services; tokenised stocks and bundles are also offered.

Licences and registrations

Licences and registrations — Luno
Jurisdiction	Entity	Licence / registration	Regulator
South Africa	Luno (Pty) Ltd	Authorised financial services provider FSP No. 53314; registered credit provider NCRCP22123; registered with the Financial Intelligence Centre	Financial Sector Conduct Authority (FSCA); Financial Intelligence Centre
Malaysia	Luno Malaysia Sdn. Bhd.	Recognized Market Operator (Digital Asset Exchange) under the Capital Markets and Services Act 2007	Securities Commission Malaysia
Indonesia	PT Luno Indonesia Ltd	Digital Financial Asset Trader, No. KEP-17/D.07/2026	Otoritas Jasa Keuangan (OJK)
Australia	Luno Australia (Pty) Ltd	Digital Currency Exchange Provider, registration number 100624619	AUSTRAC
Nigeria	Luno Fintech Nigeria Limited	Approval-in-Principle for the SEC Accelerated Regulatory Incubation Programme as a Virtual Asset Services Provider; registered with the NFIU (No. 59542)	Securities and Exchange Commission Nigeria; Nigerian Financial Intelligence Unit
Bermuda	Luno International Limited	Class F Digital Asset Business licence under the Digital Asset Business Act 2018	Bermuda Monetary Authority
Uganda	Luno Technology Uganda Limited	Accountable person, registration FIA-24-0005	Financial Intelligence Authority (Uganda)
United Kingdom	Luno Money Limited	Registered as a reporting entity with the UK Financial Intelligence Unit	UK Financial Intelligence Unit

Security and audits

Most customer crypto is held offline in "deep freeze" storage managed by BitGo Custody and Fireblocks.
Hot wallets use multi-signature (three keys, one held by an external custodian).
Systems are certified to ISO/IEC 27001:2022.
Two-factor authentication and a bug bounty programme are offered.

Who can use it

Verification: Identity verification is required when opening an account; requirements depend on the country of residence and the chosen limits.
Not available to persons in or resident of countries under US embargo, UN sanctions or the UK HM Treasury sanctions regime, or on US sanctions and denied-party lists. Available functions depend on the country of residence.

History

History — Luno
Date	Event
2013	Luno launched, co-founded by Marcus Swanepoel and Timothy Stranex.
9 September 2020	Digital Currency Group announced its acquisition of Luno; Luno continues as an independent, wholly owned DCG subsidiary.
2026	PT Luno Indonesia licensed by OJK as a Digital Financial Asset Trader (KEP-17/D.07/2026).
22 September 2026	Luno acquired GTXN, a licensed cross-border payments provider.

Risks and caveats

Local currency deposited with Luno becomes Luno's property; the customer holds a claim against Luno for the credited amount.
Account balances are not covered by government-backed deposit insurance; in the UK the Financial Ombudsman Service and FSCS do not apply to Luno's crypto activities.
Crypto transactions are generally irreversible.

About the company

Legal entity: Luno (Pty) Ltd, incorporated in South Africa (counterparty under the main terms of use)
Founded: 2013
Founders: Marcus Swanepoel and Timothy Stranex
Parent company: Digital Currency Group (DCG)

Official links

Website: www.luno.com
Licences: www.luno.com/legal/licenses
Terms of use: www.luno.com/legal/terms-of-use
Security: www.luno.com/en/security
Proof of reserves: guide.luno.com/hc/en-gb/articles/14371776098845-A-guide-to-Luno-s-Proof-of-Reserves
Fees: guide.luno.com/hc/en-gb/articles/11035643143325-What-are-Luno-s-fees-and-transaction-limits

Questions and answers

Is Luno regulated?

Luno's local entities hold licences or registrations in South Africa (FSCA, FSP No. 53314), Malaysia (Securities Commission), Indonesia (OJK), Australia (AUSTRAC), Bermuda (BMA) and other markets.

Does Luno publish proof of reserves?

Yes. Moore Johannesburg performs a monthly Merkle-tree attestation, and reports are usually published by the end of the following month.

What are Luno's fees?

Fees and limits are published per country in Luno's help centre and depend on the country where the account is verified.

Who owns Luno?

Luno is a wholly owned subsidiary of Digital Currency Group (DCG), which announced the acquisition on 9 September 2020.

Is Luno available in the US?

Luno's licences listed on its website do not include the United States; the UK entity is registered only as a reporting entity with the UK Financial Intelligence Unit.

Sources

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Page updated: 2026-11-01