About Luno
Luno is a British company founded in 2013 in London, built around the goal of accelerating adoption of innovative financial services through crypto. Unlike exchanges that chase the widest possible asset list, Luno keeps its selection deliberately narrow — just 6 cryptocurrencies, including BCH, BTC, ETH, LTC, and XRP. That makes Luno a natural fit for people seeking long-term exposure to a handful of well-established coins rather than a wide spread of altcoins. The platform is available in 40 countries and reports daily trading volume of roughly $3.9 million, modest next to larger global exchanges.
Security
Luno takes an industry-leading approach to protecting customer funds: 95% of assets are held in "deep-frozen" multi-signature cold wallets, with additional layers of encryption on top. Luno has no publicly documented history of a platform-level breach.
It's worth noting that account-level security is a separate matter from platform security. In 2025, a Malaysian court ordered Luno to compensate a customer roughly $128,000 after unauthorized transactions were traced back to that individual's own compromised personal device and credentials — not a breach of Luno's systems. It's a useful reminder that securing your own device and login details matters on any platform, regardless of how well the exchange itself protects its wallets.
Fees
Luno offers very low fees for sending and converting crypto. Transfers between two Luno accounts belonging to friends or family are completely free, and the platform supports multiple withdrawal methods so users can get quick access to their funds.
Scheduled Purchases (DCA)
Luno lets users buy crypto on a recurring schedule directly in the app — a built-in dollar-cost-averaging (DCA) tool. Users can also set a price condition and have Luno execute a purchase automatically once that price is met, removing the need to watch the market manually.
Luno API
For more technical users, the Luno API allows programmatic account management, covering both executing trades and pulling market data — useful for building custom tools or automated strategies.
Luno Business
Business customers get access to a more advanced set of features on Luno, including a library of technical tools and analysis, along with higher monthly deposit and withdrawal limits than standard retail accounts.
Luno Discover
Built into the app, Luno Discover is an in-app portal offering crypto market news, commentary, and educational basics — a convenient way for users to stay informed without leaving the platform.
Payment Methods
Luno supports deposits via bank account, credit card, debit card, and PayPal. Withdrawals are available via bank account. The app is available on Android, iOS, and the web.
Luno Details
- Maker/taker fees: 0.00% / 0.10%
- Coins supported: 6
- Countries supported: 40
- Founded: 2013, London, UK
- Daily trading volume: ~$3.9M
- Security incident history: No documented platform breach