Review on Luno by Gabriel Medina
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 will have access to your private keys and all wallets have encrypted backups.
Among its limited section, it stands out by having 8 fiat currencies, 5 cryptocurrencies and multiple deposit methods.
In general, the Luno exchange gives us an easy way to buy cryptocurrencies such as Bitcoin and Ether with our bank account, however, it is not so well seen due to the limited amount of cryptocurrencies it has.
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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.
