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40 Review
24 Karma

Review on Luno by Aniruddh Ravel

Revainrating 4 out of 5

Oldest london base exchange

Luno has been around since 2013.
In the five years since its inception, it has distinguished itself as a reliable digital Bitcoin wallet, a pitch-perfect web and mobile application, a trustworthy exchange, and a buying option for many nations without many cryptocurrency services. If you live in part of the world served by Luno, this exchange may offer an excellent alternative to Coinbase, or may simply be the best/only option available to you.
Luno is an excellent Bitcoin exchange. Starting and using an account is a breeze, even for people with little experience in the cryptocurrency trading world. Based in London, Luno is well placed to take advantage of a government supportive of cryptocurrency technology.

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Pros
  • Luno allows people to use their local national currency to buy cryptocurrencies like Bitcoin and Ethereum. To the average person, this might seem like nothing much. It has the most range of local currencies globally and offers access to purchasing digital currencies in over 30 countries worldwide.
  • Luno is also a currency wallet. Even in countries like the United States where Luno is not available as an exchange, the Luno wallet is a sleek and simple way to safely store Bitcoin and other major currencies. Once stored, these coins can be saved, traded, or used as money
Cons
  • Luno is only for us and other small countries only
  • Not provide high security that coinbase

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