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Luno

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Company health

Employee growth
6% increase in the last year
Web traffic
67% increase in the last quarter
Financing
June 2017 - $14M

Ratings

G2
3.8/5
(12)
Capterra
4.2/5
(23)
Glassdoor
4.5/5
(469)

Luno description

Luno is a platform that allows you to buy, sell, and manage cryptocurrencies like Bitcoin and Ethereum. It focuses on providing a user-friendly experience for individuals and businesses to enter the world of digital currencies. Luno emphasizes security and offers educational resources to help users understand cryptocurrencies.


Who is Luno best for

Luno is a user-friendly platform ideal for individuals and businesses new to cryptocurrency. It simplifies buying, selling, and managing cryptocurrencies like Bitcoin and Ethereum. Users praise the platform's ease of use and security, especially for beginners. However, some have noted high transaction fees and limited cryptocurrency options.

  • Best for small to medium-sized businesses.

  • Ideal for e-commerce, retail, manufacturing, education, media, software, energy, marketing, professional services, and agriculture.


Luno features

Supported

Luno supports cryptocurrency deposits and withdrawals.

Supported

Luno supports Bitcoin trading.

Supported

Luno provides tools to manage Bitcoin funds, including sending and receiving.

Supported

Luno supports buying and selling cryptocurrencies.

Supported

Luno allows users to buy crypto with various fiat currencies, except USD in the US.


Luno reviews

We've summarised 35 Luno reviews (Luno Software Advice reviews, Luno Capterra reviews and Luno G2 reviews) and summarised the main points below.

Pros of Luno
  • User-friendly interface and easy navigation.
  • Secure platform with two-factor authentication.
  • Fast transaction processing.
  • Real-time price notifications.
  • Easy to buy and sell crypto, especially for beginners.
Cons of Luno
  • High transaction fees, taking up to 10% for transfers.
  • Limited selection of cryptocurrencies available.
  • Lack of advanced trading tools.
  • P2P platform issues, especially after the Nigerian crypto ban.
  • EFT transfers can be slow to clear.

Luno pricing

See the Luno pricing page.


Luno alternatives

  • Logo of Binance
    Binance
    Buy, sell, and trade cryptocurrencies. Secure, low fees, diverse offerings.
    Read more
  • Logo of OKX
    OKX
    Trade, earn, and hold 350+ cryptocurrencies globally.
    Read more
  • Logo of CEX.IO
    CEX.IO
    Buy, sell, and trade crypto securely. Simple and regulated.
    Read more
  • Logo of Gate.io
    Gate.io
    Trade 1400+ cryptocurrencies with high liquidity and volume.
    Read more
  • Logo of Kriptomat
    Kriptomat
    Buy, sell, and manage crypto easily. Licensed, secure, and beginner-friendly.
    Read more
  • Logo of WhiteBIT
    WhiteBIT
    Securely buy, sell, and trade crypto with advanced features.
    Read more

Luno FAQ

  • What is Luno and what does Luno do?

    Luno is a user-friendly platform for buying, selling, and managing cryptocurrencies like Bitcoin and Ethereum. It offers a simple interface, educational resources, and secure transactions, making it ideal for beginners. However, users have noted higher transaction fees and a limited selection of cryptocurrencies.

  • How does Luno integrate with other tools?

    There is no information available about Luno's integrations with other tools. However, it's known for its user-friendly interface, security features, and focus on simplifying cryptocurrency management, especially for beginners.

  • What the main competitors of Luno?

    Alternatives to Luno include Binance, PayBitoPro, WhiteBIT, and Kriptomat. These platforms offer similar services for buying, selling, and trading cryptocurrencies. Some, like Binance, provide additional features such as margin trading and futures trading.

  • Is Luno legit?

    Yes, Luno is a legitimate platform for buying, selling, and managing cryptocurrencies. It's known for its user-friendly interface and security features like two-factor authentication. However, users have reported high transaction fees and a limited selection of cryptocurrencies.

  • How much does Luno cost?

    I couldn't find pricing details for Luno. For the most current information on product pricing and whether it's worth the investment, I recommend visiting Luno's official website.

  • Is Luno customer service good?

    There is no information available about Luno's customer service. However, users appreciate the platform's user-friendly interface, security features, and fast transaction processing. Some users have reported high transaction fees and a limited selection of cryptocurrencies.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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