Luno South Africa – Luno App

Luno is a cryptocurrency exchange and payment service company which was launched in the year 2013 and is now available in several countries across the globe. Cryptocurrencies are still relatively new but the good thing about Luno is that it is one of the pioneers in this industry so they have enough experience and you can certainly trust them given their track record. The reason behind the creation of Luno was to empower billions of people across the world by upgrading them to a more open, efficient, and inclusive financial system. Take a look at VALR vs Luno, the Luno Referral code, and Luno Login Guide, with the Luno App Download Guide.

Luno Summary

Bitcoin Cash
USD Coin

Deposit fees: Free
Instant EFT: 1.4%

Buy/Sell using the Luno Wallet/Instant Buy: 2%
Buy using an instant payment method: 3.9%

Bank Tranfers

Featured Exchanges

At the present moment, Luno is offering cryptocurrencies such as Bitcoin and Ethereum and the good thing about their service is that you can easily access it from wherever you may be. The significance of the aforementioned cryptocurrencies is that these are the two largest coins by market capitalization, across fiat currencies. The other popular Crypto Exchanges in South Africa are: Valr, Altcointrader, Revix and Binance.
Luno has made huge strides in the industry and it now operates in over 40 countries including United Kingdom, South Africa, Australia amongst others, and this is huge given the fact that the company has only been operational for a about 8 years.
With Luno, it is very easy to send, receive and spend your crypto and fiat, since this is a relatively new technology, the company has the Luno Learning Portal and blog and this serves the purpose of providing education for beginner bitcoin trader. It is also very easy to convert your crypto into your local currency at any time and spend it.
It is important to note that Luno is just a platform where people use to buy and sell their cryptocurrencies, so in a way the company connects buyers to sellers. Luno offers an instant buy/sell option and in this case, they will be acting as the broker. Also take note on how to make money with Luno.

How to register with Luno South Africa

In order for you to use the services of Luno, you must sign up for an account on their website and this is a simple exercise. To Sign Up, you must:
Visit their official website at
Click on the blue ‘Sign Up’ button.
Fill in the provided registration form with your Email address and Password.
Confirm your humanity and click on the ‘Sign Up’ button.
You can also Sign Up using an existing Google, Apple or Facebook account.
You will have to go through a KYC verification before you can use the trading platform to the full extent.
Once you do that, you need to create a wallet and connect a payment method.

How to deposit funds with Luno SA

The good thing about Luno is that there is a number of payment methods available to you for making deposits into your Luno wallet. For all the countries where Luno operates in, its customers can make a direct bank transfer. Please note that there are other ways that you can fund your local currency wallet but these vary from country to country.
When depositing money into your Luno wallet you must:
Open the Luno app and sign in
Select Wallets from the menu
Choose your local currency wallet
Select Deposit
Choose the method with which you’d like to top-up your wallet
And follow the on-screen prompts from there

How to withdraw funds from Luno South Africa

Once you’ve sold cryptocurrency, you may want to withdraw local currency from Luno to your bank account. You must however make sure that your identity is verified and that your bank account is linked to your Luno wallet in order to request a withdrawal. Please note that you can withdraw using the Luno App, desktop or mobile web browser. To withdraw using the App, you must:
Open the Luno app and sign-in
Tap Wallets from the Menu
Tap Withdraw on your local currency wallet
If you have not yet provided your bank account details, you will be prompted to link your bank account
Enter the amount you’d like to withdraw
Select your bank account. You can add an optional note here for your records
Enter your Luno app PIN and you’re all done

Which cryptocurrencies does Luno offer?

There are several cryptocurrencies but at the present moment Luno is offering a total of 6 cryptocurrencies namely:
Bitcoin Cash
USD Coin

Luno App

Luno has a great App which is available on Android and iOS devices, the App is so convenient as it allows you to manage your finances right from the app from where-ever you may be. The app is available on .
The Android App is highly rated on the Google Play Store and has over five million downloads on the Play store. The Android App is highly rated on the Google Play Store and has over five million downloads on the Play store. The Luno iOS app is also highly rated on Apple iTunes.