How do I create a Luno account?

To sign up Luno account,
  1. Log onto www.luno.com/en/signup.
  2. Enter your email address or use the option to sign up with Google / Facebook.
  3. Pick a strong, secure password (seriously, a strong one – you won’t regret it)
  4. Click “Sign up”
  5. You’ll be emailed you a link. Click on it.

How do I sign up for Luno app?

On the mobile app
  1. Download the Luno app from the Play Store or App Store.
  2. Select Profile from the menu and follow the prompts to sign-up.

Does Luno have a bank account?

For our South African customers

To make it a little easier for you, if you bank with ABSA, Standard Bank, Capitec, FNB or Nedbank, you can just search for “Luno” under “Public Beneficiaries”, instead of manually entering our bank details. More about that here.

Can you lose money on Luno?

Luno will not be liable to you for any losses resulting from these kinds of accidental or fraudulent transactions. The volatility and unpredictability of the price of cryptocurrency relative to local currency may result in significant loss over a short period of time.

What is the minimum deposit for Luno?

USD10.00

Which bank account does Luno use?

The Minimum Unallocated Deposit Amount shall until otherwise determined by Luno be USD10. 00 or the equivalent in your Local Currency.

How safe is a Luno account?

If you are an FNB customer and have Luno saved as a payment beneficiary on your FNB account, we ask that you update it to Luno’s Standard Bank account before making any future deposits.

Is Luno safe and legit?

Luno will keep your Bitcoin safe. But only you can keep your passwords safe. ‘Phishing’ is an attack whereby criminals use legitimate-looking fake websites to trick you into entering your password / details. They then use your password to access your account.

How much can I withdraw from Luno a day?

What is Luno? Luno makes it safe and easy to store, buy, use and learn about digital currencies like Bitcoin. Luno makes it safe and easy to store, buy, use and learn about digital currencies like Bitcoin.

Does Luno accept capitec bank?

Verification levels and limits
Level 1 Level 2 Level 3
Deposits over all time NGN 200,000 Deposits over all time NGN 200,000 Deposits per month NGN 500,000 Withdrawals per month NGN 500,000 No limits

How much does Luno charge for withdrawal?

For our South African customers

To make it a little easier for you, if you bank with ABSA, Standard Bank, Capitec, or Nedbank, you can just search for “Luno” under “Public Beneficiaries”, instead of manually entering our bank details. More about that here.

How do I make money with Luno?

Luno Withdrawal fees

The global industry average withdrawal fee is arguably around 0.0006 BTC when you withdraw BTC, but we see more and more changes that have started charging 0.0005 BTC per withdrawal.

Does Luno have limit?

The trading platform creates a linked account with your bank and you can immediately start trading Bitcoin or Ethereum as soon as your Luno account is verified. Luno clients with registered accounts can trade digital currency with each other and Luno earns commission on all sales.

How many levels does Luno have?

There is no limit on the number of transactions that can be done.

How can I make money with no money?

There are four verification levels on Luno. This levels determined the amount fiat money you can deposit or withdraw from Luno. The image below shows the requirement to get verified for each level.