Description

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at: https://www.luno.com/en/legal/risk-summary-uk
Established in 2013 and used by millions of customers worldwide, Luno is your crypto investment platform for buying, trading, storing and exploring cryptocurrencies including: Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Solana (SOL), Avalanche (AVAX), Cardano (ADA), Polygon (MATIC), Polkadot (DOT) and more.¹
Transparency is fundamental to our operations. Luno stores all crypto on a 1:1 basis and we release regular independently-audited proof of reserves. We are a licensed Financial Services Provider in South Africa and regulated by the Securities Commission in Malaysia. Cryptoassets are not regulated in the UK and Luno is not licensed in the UK.
Key Features:
Buy and sell a range of cryptocurrencies: Luno enables buying, selling, and storing of cryptocurrencies. We vet all cryptocurrencies against Luno's internal due diligence standards before making them available, and provide straightforward information to help you understand the risks so you can build and execute an investment strategy that’s right for you.
Storage and Wallet: Rest assured in the knowledge your cryptocurrency assets are stored with Luno's cryptocurrency wallet. Luno aims to be one of the most compliant crypto investment platforms in the world. We take a regulation-first approach and have some of the most intensive security processes in crypto, according to an April 2023 ranking by CCData: https://ccdata.io/research/exchange-benchmark-rankings
Real-time Market Data and Price Alerts: Stay ahead of the crypto market with Luno's real-time market data and price alerts. Set custom alerts and access advanced charting tools for informed decisions.
Stake cryptocurrency: Earn crypto by staking your Ethereum (ETH) and Cardano (ADA) with Luno. You get up to 4% per annum in weekly crypto rewards for helping to ensure the integrity of the crypto network. AVAILABLE IN SOUTH AFRICA. NOT AVAILABLE IN THE UK.
Price predict: Put your crypto skills to the test and predict the price of Bitcoin to be in with a chance of winning up to $10,000 BTC each month with Luno’s Price Predict. AVAILABLE IN SOUTH AFRICA. NOT AVAILABLE IN THE UK.
Advanced Crypto Trading Exchange: Trade with Luno's advanced exchange. Access a wide range of pairs including BTC/ETH, BTC/LTC, and more.¹

User-Centric Interface: Enjoy a hassle-free experience with Luno's intuitive and user-centric interface, suitable for users of all levels.
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1. Available in select territories.
Security and Compliance:
Luno is committed to being one of the most compliant crypto investment platforms globally. We prioritise regulatory compliance and implement intensive security processes. Our transparent approach includes vetting all cryptocurrencies and features against strict due diligence standards, as well as providing you with straightforward information to understand the risks and benefits of crypto investment.
Luno operates in over 40 countries. Our licences and registrations can be verified on our website: https://www.luno.com/en/legal/licenses. Our fees and transaction limits can also be verified here: https://www.luno.com/help/en/articles/1000168415.
Invest Responsibly:
While investing in cryptocurrency offers significant opportunities, it also comes with risks. The value of digital assets can fluctuate, potentially resulting in the loss of capital. At Luno, we are dedicated to empowering users to invest safely and responsibly in the world of digital assets.
Download Luno today and join millions of users worldwide in the journey of cryptocurrency investment.
This Financial Promotion has been approved by Archax Ltd on 05/06/2024.

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User Rating

4.61 out of 5

14,651 ratings in South Africa

5 star

11,559

4 star

1,777

3 star

583

2 star

211

1 star

518

Ratings History

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Luno Revenue

Last 30 days

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Luno Reviews

I can’t even use anything

Every time I try to buy it says I have two accounts but I don’t and I reset my password email everything and it says the same thing but I haven’t made a second account

Amazing and easy

Got to be one of the easiest crypto apps out there. Absolute pleasure to trade with Luno. Keep up the good work guys!

Review

Great investment platform

Very risky

Do not invest your money in luno they lock your account without any prior notice!!! It is very risky investing with luno if they have the power to just lock you out of your account and thereby your money!!! My account was locked 2 months ago because I mistakenly reported them as fraude with my bank and I have tried everything since to get my account unlocked I have done everything that Luno has requested from me including getting a affidavit from the police!! But still my account remains locked with all my money in it Luno just keeps stating that they are waiting for the bank to reply but my bank has closed the case a long time ago and can do nothing further! This has been going on for more than 2 months! How can a bank take more than 2 months to reply!!!! That is ridicules!!! Luno support is going around in circles with every support email I send I get a reply that they are waiting for the bank for 2 months now!!!! I have sent numerous follow up emails asking for updates and the only update I get is “we are waiting for the bank to respond” This is ridicules! So basically if the bank never responds my account and my money will remain locked forever!!!! The support team is not helping in any way the last reply I got from them stated and I quote “We are currently engaging directly with our payment partner, Stitch, to explore alternative solutions.” Then a week later I again sent a follow up email asking for a update and then the reply I got was again and I quote “Our specialized team is in constant contact with our service provider, but they are still waiting for feedback from the bank.” And this has been going on week after week with every reply it has been the same thing waiting for the bank! This is unacceptable, this is not even a complicated fraud or criminal case it was just a simple misunderstanding which I promptly rectified including getting a sworn affidavit explaining the mistake!!!! What is taking them so long to unlock my account??? This is very dangerous if they can lock your account just like that and then not give you access to your account again! I wil not recommend anyone to invest your money with Luno it is just way to risky. In the meantime my account with all my money in it is still locked and there is NOTHING I can do about it!

So user friendly

You can transfer or buy in minutes

Currently very disappointed.

I created a Luno account a few years back and stopped using it for a while. I was not able to access that account again due to a number change. Now trying to get my details again I cannot access my number nor my 2FA details. I created a new account to start fresh and when trying to access my “wallet” it says I have 2 accounts and I have to access my other account. I have been in a complete cycle for some time now with no luck of using either accounts. I have also tried contacting the help service with no luck either. If it is not resolved I will no longer be using Luno again and not recommending to anyone until then.

To Luno

Thanks for educating us on cryptocurrencies and making it so simple to be able to invest in our currency,not to forget the App is user friendly and and very informative,the introduction to new cryptocurrencies is always safe and there way the team explain them is effortless,thank you for the opportunity that you’ve present to us.

H

So far so amazing

Trading Costs

The fees are so high on your platform that one is not encouraged to trade as all profits end up reverting to the exchange. Sadly it can only really be used for long term investments. Having said all that at. Least it provides South Africans with an easy access point into crypto. Exchanges like Bitget allows one to convert select coins at no fee.

LC

Fast and reliable

Store Rankings

Ranking History

Category Rankings

Chart	Category	Rank
Top Free	South Africa Finance	20
Top Free	Malaysia Finance	57
Top Free	Nigeria Finance	124
Top Free	South Africa	162
Top Free	France Finance	377

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