About Luno
Brief Introduction
Luno is a leading international cryptocurrency exchange focusing on serving emerging markets. Founded in 2013 and based in London, United Kingdom, the company aims to provide easy and secure access to cryptocurrency operations. Marcus Swanepoel, CEO and co-founder of the exchange, plays a central role in the company's development and strategy. Luno stands out among other exchanges due to its user-friendly interface and reliability, offering users simple ways to buy, sell, store, and exchange cryptocurrencies.
Establishment
Since its founding in 2013 by a group of fintech experts, Luno has always been committed to creating a transparent and accessible platform for cryptocurrency transactions. Starting with a small team and a limited range of cryptocurrencies, the company grew rapidly and expanded. As a result, Luno has become one of the leading global exchanges, focusing on innovation and meeting the needs of its users.
Available Cryptocurrencies
Luno supports a wide range of cryptocurrencies, providing users with the opportunity to trade and invest in popular assets such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and many others. The platform offers over 25 cryptocurrency pairs, and the list of supported currencies is continuously updated and expanded in line with market demands and user preferences.
Fees
Luno offers a transparent fee structure that depends on the type of transaction and trading volume. Different fee schedules exist for makers (those who create market offers) and takers (those who respond to offers). In addition, the fees vary from country to country.
Spot trading incurs a fee ranging between 0.03% and 0.1%.
Instant buy and sell fees, fiat and deposit fees, as well as withdrawal fees, vary depending on the country.
Geographical Reach
Luno has broad geographical availability, offering its services in over 40 countries worldwide, including various European countries, Southeast Asia, as well as South Africa, and Nigeria. Despite its widespread accessibility, it's important to note that some countries, such as the United States, may have specific restrictions on certain services of the exchange.
Luno consistently upholds its reputation as a reliable and user-friendly cryptocurrency trading platform, actively expanding the list of supported assets and countries. With a strong commitment to principles of security, transparency, and a continuous effort to meet the needs of its users, Luno is strengthening its position on the international stage of cryptocurrency exchanges.
Founder and former Luno CEO