What is Luno?
Luno is a leading global cryptocurrency company with over 9 million customers in 43 countries and a team of over 600.
Luno’s products and services make it safe and easy to buy, store and learn about cryptocurrencies.
How To Use Luno In South Africa?
Step 1: Sign up for a free Luno Wallet. Access Luno through your web browser or Smartphone and follow the easy registration process to set up your Luno profile.
Step 2: Deposit money into your Luno Wallet.
Step 3: Buy the cryptocurrency of your choice.
How does Luno work in SA?
The buyer goes to the Luno Exchange, makes a local currency deposit – the money to be used to buy BTC. The buyer can now do one of two things: They can match the existing order (pay the 215,000 ZAR for 1 BTC).
This is called a taker order as they’re taking liquidity away from the Luno Exchange.
How do I withdraw money from Luno South Africa?
Select Wallets from the Menu and then choose Withdraw on your local currency wallet.
You will be prompted to link your bank account if you have not yet provided us with your bank account details. Next, enter the amount you wish to withdraw. Select your bank account, enter your PIN and you’re set to withdraw.
How do I link my bank to Luno?
Open the Luno app and sign in.
Select Wallets from the menu.
Select Withdraw on your local currency wallet, and then Add new bank details.
On the Add new bank details screen, enter all the relevant details, and select NEXT.