
Luno Cryptocurrency Exchange
Supported cryptos
Fiat currencies
Luno was founded in London, UK, but has a regional hub in Malaysia.
The exchange has over 10 million customers in 43 countries, and the Luno app offers a simple way to get started in crypto investing.
Access a range of popular cryptocurrencies with as little as $1, and set up recurring purchases according to your preferred frequency.
With its user-friendly interface and a suite of learning tools, Luno is worth checking out, especially if you're just getting started and prefer an exchange without much of a learning curve.
- Supports MYR. Deposit, withdraw and trade with MYR on the platform
- Supports direct bank withdrawals and deposits. Deposit up to $200,000 per transaction into your Luno wallet directly from your bank account. Withdrawals via bank transfer cost $2
- Secure storage. Most of the digital assets that Luno custodies for its clients are held in 'deep freeze' using a multi-sig wallet where the keys are generated and stored entirely offline and offsite
- Intuitive trading web platform and mobile app. Beginner-friendly interface and informative learning portal make it easy for anyone to get started in crypto investing
- Compliant. Luno is registered with the Securities Commission Malaysia (SC).
- High trading fees. Luno charges a trading fee of 0.75% for buying and selling cryptocurrency, which is high compared to its competitors
- Limited cryptocurrencies. Luno only offers 8 cryptos.
- May not be suitable for active traders. Luno does not offer margin lending or advanced trading tools
Fees and deposit Methods | Bank transfer, Cryptocurrency, PayID, Debit/credit cards |
---|---|
Deposit Fees | Free ($1.30 for amounts below $50) |
Withdrawal Fees | Free ($1.30 for amounts below $50) |
Trading Fees | Maker: 0% Taker: 0.03-0.10% |