4.2/10 (Expert Score)
Company is rated as #52 in category Crypto exchanges

Luno review: Luno is a cryptocurrency exchange and digital wallet platform that provides a user-friendly interface for buying, selling, and storing various cryptocurrencies. Founded in 2013 by Marcus Swanepoel, Timothy Stranex, Carel Van Wyk, and Pieter Heyns, Luno has grown to become one of the leading cryptocurrency platforms globally.

One of the key features of Luno is its focus on accessibility and ease of use. The platform offers a simple and intuitive interface, making it suitable for both beginners and experienced cryptocurrency traders. Users can easily create an account, deposit funds, and start trading within minutes. Luno supports popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC).

Security is a top priority for Luno. The platform implements various security measures to protect user funds and personal information. These include two-factor authentication (2FA), multi-signature wallets, and cold storage of funds, which means that the majority of user funds are kept offline in secure vaults. Luno also employs regular security audits and maintains strict compliance with applicable regulatory frameworks.

πŸ“… Year of Establishment2013
πŸ’± Coins:13+
πŸ’° Min depositFrom $1
βš–οΈ Leverage1:1
πŸ’Ή Trading feesFrom 0%
πŸ’³ P2P platform❌
πŸ“± Mobile appsiOS, Android
πŸ—ΊοΈ HeadquartersSingapore
Advantages:
  • User-friendly interface
  • Strong security measures
  • Global presence
  • Supports multiple cryptocurrencies
  • Convenient fiat currency support
Disadvantages:
  • Limited cryptocurrency options
  • Availability in select countries only
  • Relatively high transaction fees compared to some competitors
  • Customer support response time can vary
  • Limited advanced trading features

Overall Luno Review

Overall, Luno is a popular cryptocurrency exchange and wallet platform known for its user-friendly interface, strong security measures, and global presence. It aims to simplify the process of buying, selling, and storing cryptocurrencies, making it accessible to a wide range of users. Whether you're a beginner or an experienced trader, Luno provides a reliable and convenient platform for your cryptocurrency needs.

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Geographic Distribution

Geography of clients (traders) of Luno

Top Reviews

Best customer reviews of Luno

The site administration cannot guarantee review accuracy and lacks the technical means to verify if authors are actual customers. Reviews lacking detail and purely emotional in nature are disregarded.

Luno has been an absolute game-changer for me in terms of accessibility and ease of use. The user-friendly interface makes it a breeze to navigate through the platform, even for someone new to cryptocurrencies. I appreciate their strong security measures, including two-factor authentication and cold storage, which provide peace of mind knowing that my funds are well-protected. Additionally, the availability of multiple fiat currencies makes it convenient for me to deposit and withdraw funds in my local currency without any hassle.

Matthew Hill
Matthew Hill
United Kingdom

Luno provides a decent range of cryptocurrency options for trading and storing, but it falls short in terms of advanced trading features. While the platform is suitable for beginners and casual traders, experienced traders may find it lacking in terms of advanced charting tools, order types, and trading options. It would be beneficial if Luno could expand its offerings in this area to cater to a broader range of trading strategies and preferences.

Sipho Khumalo
Sipho Khumalo
South Africa

My experience with Luno has been marred by high transaction fees, especially when compared to other competing platforms. The fees associated with buying, selling, and transferring cryptocurrencies are significantly higher than I expected, and it adds up quickly, eating into my profits. Furthermore, their customer support leaves much to be desired. I encountered delays and unhelpful responses when seeking assistance, which left me frustrated and dissatisfied with the overall experience. Improvements in fee transparency and customer support responsiveness are needed for Luno to be a more appealing option in the market.

Wijaya Nugroho
Wijaya Nugroho
Indonesia

Expert Review

Expert Review of Luno

Luno exchange has proven to be a reliable platform for cryptocurrency trading, earning the trust of users and financial experts alike. The platform has implemented robust security measures, including two-factor authentication and cold storage of funds, ensuring the safety of user assets. This commitment to security is commendable, as it mitigates the risk of hacking and unauthorized access.

Furthermore, Luno's compliance with regulatory frameworks in various countries adds an additional layer of trust and reliability. By adhering to these regulations, Luno establishes itself as a responsible and compliant player in the cryptocurrency industry. Users can feel confident that their transactions are conducted within a legitimate and regulated framework.

From a liquidity perspective, Luno has managed to establish partnerships with liquidity providers, enabling users to enjoy competitive spreads and execute trades efficiently. This liquidity ensures that users can buy and sell cryptocurrencies at fair market prices, reducing the risk of slippage and maximizing trading opportunities.

In conclusion, Luno has proven itself to be a reliable cryptocurrency exchange, offering a secure and stable platform for users to trade digital assets. Its commitment to security, regulatory compliance, uptime, and liquidity contributes to its overall reliability. While there is room for improvement in customer support, Luno's reliability remains a strong point that has garnered trust within the financial community.

Roman_Mukhin
Roman Mukhin
Financial expert and analyst at TradersHero.com

Risk Warning. Trading cryptocurrencies on Luno involves inherent risks due to the highly volatile nature of the crypto market. Cryptocurrency prices can experience significant and rapid fluctuations, leading to potential gains or losses. Traders should be prepared for price volatility and understand that the value of their investments can fluctuate greatly in a short period.

Luno Ern

Investment Programs

Earning money on Luno primarily involves engaging in cryptocurrency trading and investing. While Luno itself is an exchange platform and does not offer specific programs to earn money, there are several strategies and approaches that traders can consider:

Buy and Hold (Investing): One common strategy is to buy cryptocurrencies on Luno and hold them for the long term. This approach involves identifying promising cryptocurrencies with growth potential and holding onto them, anticipating that their value will increase over time. Traders can analyze market trends, fundamental factors, and news to make informed investment decisions.
Short-Term Trading: Short-term trading involves taking advantage of price fluctuations within a relatively short period. Traders on Luno can employ technical analysis techniques, such as chart patterns and indicators, to identify short-term trading opportunities. This strategy requires active monitoring of the market and executing trades based on short-term price movements.
Margin Trading: Some cryptocurrency exchanges, including certain platforms that support margin trading, offer the opportunity to borrow funds to amplify trading positions. However, it's important to note that margin trading carries additional risks, as losses can be magnified, and traders may be required to repay borrowed funds even if the trade results in a loss.
Arbitrage: Arbitrage involves taking advantage of price discrepancies between different cryptocurrency exchanges. Traders can monitor the prices of specific cryptocurrencies on Luno and other platforms, buying low on one exchange and selling high on another. This strategy requires careful monitoring of market prices and efficient execution to capitalize on the price differences.
Staking and Yield Farming: Some cryptocurrencies on Luno may support staking or yield farming, where users can lock up their assets to earn additional rewards or interest. These programs typically involve participating in the network's consensus mechanism or providing liquidity to decentralized finance (DeFi) protocols. Traders can explore these opportunities within the supported cryptocurrencies on Luno.

Staking refers to the process of locking your cryptocurrency on the blockchain for a specific duration to receive interest rewards, typically in the form of the same cryptocurrency. When you engage in staking any cryptocurrency, you actively contribute to the validation of new transactions within the blockchain network.

how to use Luno staking
Luno provides support for some cryptocurrencies that are compatible with betting. To participate in betting with Luno, you need to follow the following general steps:
Create an account
Sign up for a Luno account if you haven't already done so. Complete the registration process and verify your identity according to Luno's requirements.
Deposit the supported cryptocurrency
Deposit the specific cryptocurrency that supports staking into your Luno wallet. Ensure that you are depositing the correct cryptocurrency that is eligible for staking.
Research supported staking options
Luno does not directly offer staking services, but they may support cryptocurrencies that allow staking. Research and identify the cryptocurrencies supported by Luno that offer staking programs.
Choose a staking platform
Explore external staking platforms that support the specific cryptocurrency you hold on Luno. Research reputable staking platforms with a track record of security and reliable staking services.
Transfer your cryptocurrency
Transfer the cryptocurrency from your Luno wallet to the chosen staking platform. Follow the instructions provided by the staking platform to initiate the transfer and complete the process.
Stake your cryptocurrency
Once the transfer is complete, follow the staking platform's guidelines to stake your cryptocurrency. This typically involves selecting the staking duration, confirming the amount to stake, and initiating the staking process.
Earn staking rewards
As your staked cryptocurrency contributes to the blockchain network's consensus mechanism, you will start earning staking rewards over time. The specific reward structure and payout frequency will depend on the staking program and cryptocurrency you chose.

Remember to regularly monitor your staking activities and manage your staked assets accordingly. It's crucial to be aware of any potential risks associated with staking and to choose reputable staking platforms with a solid track record.

Tips for Successful Staking
  • Research and choose reputable projects
  • Understand the staking requirements
  • Select reliable staking platforms
  • Diversify your staking portfolio
  • Monitor staking rewards and adjust as needed
Risks and Limitations of Staking
  • Price volatility
  • Lock-up periods and liquidity constraints
  • Network risks and technical vulnerabilities
  • Project failure or underperformance
  • Regulatory and legal uncertainties
  • Counterparty risks

The regulatory landscape surrounding cryptocurrencies is constantly evolving. There is a risk of changes in laws, regulations, or government policies that could impact the trading of cryptocurrencies on Luno. Traders should stay informed about the legal and regulatory developments in their respective jurisdictions and understand the potential risks and implications associated with cryptocurrency trading.

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Conditions

Trading Conditions for Luno Users

Trading Platform: Luno offers users a proprietary trading platform. The platform is designed to be user-friendly and accessible, providing a seamless trading experience for users.

Account Types and Currency: Luno provides standard trading accounts to its users. These accounts support the trading of cryptocurrencies, EUR, and GBP. Users can hold different currencies within their accounts, allowing for flexibility in trading.

Replenishment and Withdrawal: Luno supports various methods for depositing and withdrawing funds. Users can use bank cards and accounts, electronic wallets, and cryptocurrency wallets to replenish and withdraw funds from their Luno accounts. This provides convenience and flexibility in managing funds.

Minimum Deposit: Luno does not require a minimum deposit. This means that users can start trading with any amount they are comfortable with. The absence of a minimum deposit requirement makes it accessible for traders of all sizes.

Leverage: Luno does not offer leverage. Trading on Luno is done with a 1:1 ratio, meaning that users trade with the actual funds they have in their accounts without any borrowed funds. This helps to manage the risk associated with leverage.

Minimum Order: Luno does not specify a minimum order size. This means that users can trade with any order size they desire, giving them flexibility in executing trades based on their trading strategies.

Liquidity Provider: Luno does not specify having a liquidity provider. A liquidity provider is a financial institution or company that ensures there is enough liquidity in the market for traders to execute their trades. While Luno does not disclose a specific liquidity provider, it aims to provide a liquid trading environment for its users.

Mobile Trading: Luno offers a mobile trading application, allowing users to trade on the go using their smartphones or tablets. The mobile trading app provides convenience and flexibility for users who prefer to trade on mobile devices.

πŸ“… Year of Establishment2013
πŸ’± Coins:13+
πŸ’° Min depositFrom $1
βš–οΈ Leverage1:1
πŸ’Ή Trading feesFrom 0%
πŸ’³ P2P platform❌
πŸ” Copy Trading❌
πŸ“Š DeFi Stakingβœ…
πŸ–ΌοΈ NFT❌
🏦 Crypto Loans❌
πŸ”“ Demo accountβœ…
πŸš€ Launchpad❌
πŸ“± Mobile appsiOS, Android
πŸ“ž Customer ServiceForums, Chat, Email
πŸ‘©β€πŸ’Ό SupportMultilingual
πŸ—ΊοΈ HeadquartersSingapore

Risk Warning

Comparison

Comparison of Luno with other Crypto Exchanges

Coins
Trading fees
iOS, Android
Directives
Leverage
Staking
COPY TRADING
P2P platform
Coins
13+
Trading fees
From 0%
iOS, Android
Directives
Leverage
1:1
Staking
COPY TRADING
P2P platform
Coins
385+
Trading fees
From 0%
iOS, Android
Directives
Leverage
1:125
Staking
COPY TRADING
P2P platform
Coins
360+
Trading fees
From 0%
iOS, Android
Directives
Leverage
1:100
Staking
COPY TRADING
P2P platform
Coins
815+
Trading fees
From 0%
iOS, Android
Directives
Leverage
1:100
Staking
COPY TRADING
P2P platform
Coins
350+
Trading fees
Maker fee from -0.05%
iOS, Android
Directives
Leverage
1:100
Staking
COPY TRADING
P2P platform
Coins
490+
Trading fees
From 0.0015%
iOS, Android
Directives
Leverage
1:100
Staking
COPY TRADING
P2P platform
Coins
400+
Trading fees
From -0.01%
iOS, Android
Directives
Leverage
1:100
Staking
COPY TRADING
P2P platform

Crypto Exchanges comparison table of trading instruments

Luno
VS
Bybit
VS
Kucoin
Spot
VS
VS
Margin Trading
VS
VS
Futures
VS
VS
Options
VS
VS
NFT
VS
VS
DeFi Staking
VS
VS
Crypto Loans
VS
VS
Launchpad
VS
VS

Commissions

Luno Accounts, Commissions & Fees

Luno offers standard trading accounts to its users. The platform provides a proprietary trading platform for trading cryptocurrencies, EUR, and GBP. You can deposit and withdraw funds using bank cards and accounts, electronic wallets, and cryptocurrency wallets. There is no minimum deposit requirement, making it accessible for users of all investment sizes. However, Luno does not offer leverage, and all trading is done with a 1:1 ratio. The platform does not provide PAMM (Percent Allocation Management Module) accounts, which are popular in some other investment platforms.

When it comes to commissions and fees, Luno charges market commissions on trades. The specific trading commissions depend on the trading level, which is determined by the volume of trades made in the previous 30 days. The maker's commission is 0.0% at all levels, while the taker's fees range from 0.03% to 0.10%. For transactions involving buying or selling with EUR, Luno charges a 3.5% commission for Google Pay and card transactions, and a 1.5% commission for transactions using a cryptocurrency wallet.

Luno applies withdrawal fees for certain assets. The fee varies depending on the asset being withdrawn. Notably, there is a fixed withdrawal fee of $0.03 for Ripple (XRP) withdrawals, while there is no withdrawal fee for Bitcoin (BTC) withdrawals. Depositing cryptocurrencies is free of charge, and there are no fees for depositing fiat currencies. However, when withdrawing fiat currencies, Luno only allows withdrawals via SEPA (Single Euro Payments Area) and charges a flat fee of €0.30.

Instant buy / sell transaction limit

MarketCryptocurrencyLocal currency
ADA/EURADA 0.10 – ADA 100,000.00€1.00 – €100,000.00
AVAX/EURAVAX 0.05 – AVAX 5,000.00€1.00 – €100,000.00
BCH/EURBCH 0.001 – BCH 40.00€1.00 – €100,000.00
BTC/EURBTC 0.0001 – BTC 5.00€1.00 – €100,000.00
ETH/EURETH 0.001 – ETH 100.00€1.00 – €100,000.00
LINK/EURLINK 0.05 – LINK 1,000.00€1.00 – €100,000.00
LTC/EURLTC 0.001 – LTC 200.00€1.00 – €100,000.00
SOL/EURSOL 0.05 – SOL 1,000.00€1.00 – €100,000.00
UNI/EURUNI 0.10 – UNI 2,000.00€1.00 – €100,000.00
USDC/EURUSDC 1.00 – USDC 100,000.00€1.00 – €100,000.00
XRP/EURXRP 0.10 – XRP 80,000.00€1.00 – €100,000.00

While Luno implements stringent security measures to protect user funds, there are still inherent security risks involved in the trading and storage of cryptocurrencies. Traders should be cautious about phishing attempts, hacking, and unauthorized access to their accounts. It is crucial to use strong passwords, enable two-factor authentication, and exercise vigilance when handling personal information or making transactions on the platform.

Risk Warning

Final review

Detailed review of Luno


Luno is a well-established cryptocurrency exchange and digital wallet platform that offers a user-friendly interface for individuals to buy, sell, and securely store various cryptocurrencies. Founded in 2013 by Marcus Swanepoel, Timothy Stranex, Carel Van Wyk, and Pieter Heyns, Luno has emerged as a prominent player in the global cryptocurrency industry.

What sets Luno apart is its commitment to accessibility and user-friendliness. The platform provides a straightforward and intuitive interface that caters to both novice and experienced cryptocurrency traders. Opening an account, depositing funds, and initiating trades can be done swiftly, ensuring a seamless user experience. Luno supports popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC).

Luno has gained a strong reputation for its exceptional customer support and comprehensive educational resources. The platform offers a wealth of guides, tutorials, and articles to help users understand cryptocurrencies and make informed trading decisions. Furthermore, Luno's dedicated support team is readily available to assist users with any inquiries or concerns they may have.

Operating in numerous countries such as the United Kingdom, Singapore, Malaysia, Nigeria, South Africa, and Indonesia, Luno facilitates seamless transactions with multiple fiat currencies. This feature enables users to easily convert between cryptocurrencies and their local currencies, simplifying the process of depositing and withdrawing funds.

In addition to its exchange services, Luno provides a secure digital wallet for storing cryptocurrencies. The wallet is designed with user-friendliness in mind, offering a seamless experience for managing and conducting transactions with digital assets. Luno's wallet also allows users to send and receive cryptocurrencies, enabling effortless transfers to other Luno users or external wallets.

Note
Security is of paramount importance to Luno. The platform employs robust measures to safeguard user funds and personal information. These include two-factor authentication (2FA), multi-signature wallets, and the storage of the majority of user funds in offline cold storage vaults. Regular security audits are conducted to maintain a high level of protection, and Luno strictly adheres to relevant regulatory frameworks.

In summary, Luno stands as a highly regarded cryptocurrency exchange and wallet platform that prioritizes user-friendliness, security, and global accessibility. With its intuitive interface, stringent security measures, and availability in various countries, Luno aims to simplify the process of trading, buying, selling, and securely storing cryptocurrencies for users of all levels of experience.

Advantages:

Key benefits of the Luno exchange:

Regulatory Compliance: The exchange operates in compliance with regulatory requirements in the jurisdictions it operates in. This provides users with confidence that they are trading on a platform that follows legal and regulatory standards, enhancing trust and credibility.
Variety of Cryptocurrencies: Luno supports trading of a wide range of cryptocurrencies. Users can trade popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and more. This allows for diversification and the opportunity to explore various investment options.
Transparent Fees: Luno maintains transparency in its fee structure. Users can easily view and understand the fees associated with trading and transactions on the platform. This helps users make informed decisions and manage their costs effectively.
User-Friendly Interface: The exchange offers a simple and user-friendly interface, making it accessible even for beginners in cryptocurrency trading. Users can quickly navigate the platform and start trading without unnecessary complexities.
Security Measures: Luno prioritizes security and implements measures to protect user funds and personal information. This includes features such as two-factor authentication (2FA) and cold storage for storing cryptocurrencies offline.
Mobile Trading: The exchange provides a mobile trading application, enabling users to trade on the go using their smartphones or tablets. The mobile app offers convenience and flexibility for users who prefer to monitor and manage their trades anytime, anywhere.

Luno Regulator

  1. Financial Conduct Authority (FCA): Luno is registered with the Financial Conduct Authority in the United Kingdom. The FCA is a regulatory body that oversees and regulates financial services firms to ensure they operate in accordance with regulatory requirements and protect consumer interests.
  2. Securities Commission of Malaysia: The exchange is registered with the Securities Commission of Malaysia. This registration allows Luno to operate as a recognized market operator in Malaysia, complying with the regulatory framework set by the commission.
  3. Bank Negara Malaysia: The exchange is also listed as a reporting institution under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 in Malaysia. This signifies Luno's commitment to combat money laundering and terrorist financing activities.
  4. The South African Reserve Bank: Luno is registered with the South African Reserve Bank in South Africa. This registration ensures that Luno complies with the relevant financial regulations and safeguards the interests of its users.

It's important to note that regulatory requirements and registrations can change over time. Therefore, it's advisable to visit the official Luno website or consult their customer support for the most up-to-date and accurate information regarding their regulatory status and compliance.

Risk Warning

Promotions

Bonuses Paid by the Luno

Bonuses

Luno does not explicitly offer bonuses to its users. Focusing on providing a reliable and secure trading platform, the company has decided not to implement a special bonus program at this time.

Instead, Luno focuses on the core features and capabilities of its platform, such as a user-friendly interface, a variety of cryptocurrency options, mobile trading capabilities, and robust security measures. By focusing on these fundamental aspects, Luno aims to provide a reliable and efficient trading experience for its users.

While there are no special bonuses, it is important to note that Luno's transparency, compliance and customer support contribute to the overall reliability of the platform. Users can expect Luno to facilitate their cryptocurrency trading in a safe and regulated environment.

Luno encourages users to keep up with the latest announcements and updates on its official website, newsletters, and social media. This way, users can keep up to date with any future changes and additions to the platform's offerings.

Remember to familiarize yourself with the terms and conditions associated with any services or promotions provided by Luno or any other platform, so that you have a clear understanding of their features and limitations.

Education

Review of the Luno Education Program

The company provides a number of educational resources and materials to help users better understand cryptocurrencies and trading. While these resources are not an official educational program, they can be useful for those who want to learn more about the cryptocurrency space.

Educational tools:

Blog and Articles: Luno maintains a blog where they publish articles covering various topics related to cryptocurrencies, blockchain technology, market trends, and trading strategies. These articles can serve as educational content to broaden users' knowledge.
Guides and Tutorials: Luno provides guides and tutorials that cover the basics of cryptocurrency trading, how to use their platform, and other related topics. These resources can be helpful for beginners who are new to the crypto space.
FAQs and Support: The exchange has an extensive FAQ section that addresses common questions and concerns users may have. They also offer customer support to assist users in navigating the platform and addressing any queries they may have.


Online Courses:

Luno does not offer specific online courses. However, there are various online platforms and educational resources that offer comprehensive courses on cryptocurrencies and trading. These platforms often offer structured educational programs designed to help users learn about cryptocurrencies, blockchain technology and trading strategies.

Udemy: Udemy offers a wide range of courses on cryptocurrency trading, blockchain technology, and related topics. These courses are created and taught by industry experts and cover various levels of expertise, from beginner to advanced.
Coursera: Coursera partners with top universities and institutions to provide online courses on a variety of subjects, including cryptocurrencies and blockchain. They offer both free and paid courses, allowing learners to study at their own pace.
Investopedia Academy: Investopedia Academy offers online courses on various financial topics, including cryptocurrency trading. These courses are designed to provide practical knowledge and skills for individuals interested in entering the cryptocurrency market.

These platforms often provide comprehensive course materials, video lectures, quizzes, and assignments to help learners grasp the concepts effectively. Additionally, they may offer certification upon completion of the courses.

While Luno does not have its own dedicated online courses, individuals can explore these external platforms to find suitable educational resources that align with their learning goals and interests. It's important to review the course syllabus, instructor credentials, and user reviews before enrolling in any online course to ensure it meets your specific requirements.

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Rating and Comments

Luno Users Reviews 2024

5.5 Total Score
22 reviews
Overall score

Based on all reviews

4.2Expert Score
Investment instruments
5
Deposits and withdrawals
5
Customer service
3.7
Trading platform
3
6.8User's score
Investment instruments
7.1
Deposits and withdrawals
6.6
Customer service
6.6
Trading platform
7.2
Add your review  |  Read reviews and comments

Authors:

Roman_Mukhin

Roman Mukhin
Financial expert, analyst and author

Jane Emberg

Jane Emberg
Financial analyst and editor

Best Crypto ExchangesOverall Ranking
4 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. 0.85
    Investment instruments
    10
    Deposits and withdrawals
    20
    Customer service
    20
    Trading platform
    20

    Luno’s withdrawal process is a nightmare. It takes an eternity for them to process withdrawal requests, leaving users in limbo and unable to access their funds. It’s a clear indication of their lack of efficiency and disregard for their customers’ needs. Avoid Luno at all costs.

    Helpful(0) Unhelpful(0)You have already voted this
  2. 0.5
    Investment instruments
    10
    Deposits and withdrawals
    10
    Customer service
    10
    Trading platform
    10

    Security is a major concern on the Luno platform. Despite their promises of robust measures, there have been multiple instances of hacks and unauthorized access to users’ accounts. It’s a constant worry, and I no longer trust them to keep my assets safe.

    Helpful(0) Unhelpful(0)You have already voted this
  3. 1
    Investment instruments
    10
    Deposits and withdrawals
    20
    Customer service
    20
    Trading platform
    30

    My experience with Luno has been a nightmare from start to finish. The platform is riddled with bugs and glitches, making it nearly impossible to execute trades smoothly. It’s incredibly frustrating to lose out on potential profits due to their unreliable system.

    Helpful(0) Unhelpful(0)You have already voted this
  4. 1.1
    Investment instruments
    20
    Deposits and withdrawals
    30
    Customer service
    20
    Trading platform
    20

    I strongly advise against using Luno for cryptocurrency trading. Their fees are outrageously high, eating away at any potential gains. On top of that, their customer service is unresponsive and indifferent to the issues faced by users. It’s simply not worth the hassle.

    Helpful(0) Unhelpful(0)You have already voted this

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