Luno Review 2023 Summary
- Easiest Bitcoin SignUp Deposit Bonus – Buy EUR 250 Crypto get rewarded EUR 25 in Bitcoin.
- Luno exchange accept users from around the world
- Luno exchange has a low credit card deposit fee
Luno Review – €25 SignUp Bonus
If you plan to buy Bitcoin or any other crypto for fiat, this is the absolute best signup bonus for the moment.
1. Sign up for a free Luno account on web, iOS or Android and complete your profile
2. Enter the unique code: 36R8KZ on the Rewards screen
3. Add money to your wallet and buy the minimum required amount of crypto using Luno’s instant Buy or Sell (0.75%-2% Fee)
You’ll be rewarded with EUR 25.00 in Bitcoin, which will be automatically added to your wallet after 30 days
Luno Exchange and Wallet
- Buy and Sell crypto
- Fast and often free deposits
- Supports many countries around the world
- Repeat Buy – Automate your Bitcoin purchases
- High Safety standards and
Luno Exchange – Countries and Deposits
Luno has many different deposit alternatives as they support many different countries and jurisdictions.
The best of all is that so many deposit alternatives are free.
There are different deposit limits for different verification levels.
See more about verification and KYC levels further down in the article.
Australia
- Bank Transfer Deposit: Free ($1.30 below $50.00)
- PayID: Free ($1.30 below $50.00)
Europe
- SEPA Transfer: FREE
Indonesia
- Instant Bank Transfer: FREE
Malaysia
- FPX Instant Transfer: Free
- Instant Bank Transfer: Free
- Interbank GIRO: Free
Nigeria
- Voucher Deposit: 2%
South Africa
- Cash Deposit: R 20.00 + 5.00%
- Instant EFT: 1.4%
- EFT: Free
Uganda
- Bank Transfer: Free
United Kingdom
- Bank Transfer: FREE
- Pay Direct: FREE
United States
- Bank Transfer: FREE
Luno Exchange – Cryptocurrencies
Luno supports all the following cryptocurrencies for all supported jurisdictions but the United States.
- Bitcoin (BTC) – United States
- Ethereum (ETH) – United States
- Ripple (XRP)
- Avalanche (AVAX)
- Litecoin (LTC)
- Cardano (ADA)
- Solana (SOL)
- Chainlink (LINK)
- Uniswap (UNI)
- Bitcoin Cash (BCH)
- USD Coin (USDC)
Luno Exchange – Verification levels
Level 1: Confirm your mobile number and your basic personal details
Level 2: Submit a photo/scan of your government-issued ID (accepted documents are different in different countries but passports and driving license are often accepted) and a selfie photo (no older than 24 hours)
Level 3: Enter your residential address and select your employment status, occupation and source of funds
If you are looking to buy Bitcoin with no ID or KYC verification you almost have to look for a Bitcoin P2p exchange nowadays. In our article about how to buy Bitcoin via PayPal with no ID we have listed a few Bitcoin P2P exchanges.
Luno Security Features
Luno has high security standards as they store 95% of crypto in “deep freeze” – multi-signature wallets protected by many layers of encryption.
Also, Luno has Proof of reserves audited by Mazars.
Still, any business, or company, can fail for many reasons. Therefor, the most safe way to store your own Bitcoin and cryptocurrencies is to use a Bitcoin hardware wallet. It doesn’t make sense to buy a hardware wallet for $100-200 if you have $250 worth of Bitcoin to store. If this is the case, you can always signup for a free software wallet where you are in control of your funds.
