luno

  1. Hanno Labuschagne

    South Africans buying cryptocurrency by the loads

    South Africans buying cryptocurrency by the loads While Bitcoin’s slump and bearish price action have caused a drop-off in South Africans buying cryptocurrency, the surge in users and trading volumes during the past year was astronomical. “We’ve seen a slight slow down in growth in Q1 2022...
  3. Jan

    Luno reduces target interest rates on bitcoin and ether savings accounts

    Luno cuts Bitcoin interest rates Luno has informed clients that it will reduce its target interest rate for savings account customers to 1.5% per year on bitcoin and 2% on ether. Its target interest rate on the USDC stablecoin remains 7.6% per annum.
  4. Jan

    Luno and Revix on what to expect from the cryptocurrency sector in South Africa in 2022

    What to expect from cryptocurrency in 2022— including new regulations in South Africa The cryptocurrency market had a turbulent year in 2021 and financial markets, in general, had a rough start in 2022, but exchange and wallet provider Luno believes the crypto market will keep its upward...
    • Jan
    • Thread
    • bitcoin crypto assets regulatory working group (car-wg) cryptocurrency intergovernmental fintech working group (ifwg) luno marius reitz revix sean sanders
    • Replies: 4
    • Forum: Cryptocurrency and Blockchain
  5. Jan

    Luno eyeing US expansion

    South Africa's biggest Bitcoin exchange working on US expansion Africa’s largest cryptocurrency exchange is looking for a foothold in the U.S., the latest international platform to try and tap one of the world’s biggest populations of digital-asset investors. Owned by conglomerate Digital...
  6. Jan

    Luno believes South Africa will have crypto regulations before the end of 2022

    Cryptocurrency regulation coming for South Africa — when to expect it Cryptocurrency exchange Luno believes regulation for the burgeoning digital asset space is imminent in South Africa. “Globally, we have seen moves to regulate crypto, and we anticipate the introduction of a clear South...
    • Jan
    • Thread
    • crypto regulation intergovernmental fintech working group (ifwg) louis van staden luno marius reitz
    • Replies: 26
    • Forum: Cryptocurrency and Blockchain
  7. Jan

    Bitcoin touches R1 million in overnight trade

    Bitcoin hits R1 million The value of bitcoin passed the R1 million milestone on South African cryptocurrency exchanges Luno, Valr, and AltCoinTrader in the early hours of Monday morning. It comes as the price of bitcoin surged overnight from under $62,000 to over $65,500.
  8. Jan

    Luno will restrict your withdrawal limits based on your risk profile

    Luno's secret Bitcoin withdrawal limits Luno has confirmed that it will silently restrict the cryptocurrency withdrawal limits of clients based on their risk profile. The cryptocurrency exchange and wallet provider has a set of published send limits on its website, but it also has a separate...
  9. J

    Luno Phishing Campaign.

    I just received a SMS saying: This is obviously a phishing campaign. Be careful guys. Also would love to know how these scammers got my number!
  10. Hanno Labuschagne

    Bitcoin transfer from Luno to international exchanges is illegal

    Bitcoin transfer from Luno to international exchanges is illegal The South African Reserve Bank and other regulators have warned that it is a criminal offence to transfer cryptocurrency bought on a local exchange to one located outside the country. Regulators issued the warning through the...
  11. Hanno Labuschagne

    Luno adds 1 million more wallets in 3 months

    Luno adds 1 million more wallets in 3 months Cryptocurrency company Luno added one million more users to its trading platform over the last three months, bringing its total customer base to 8 million. In South Africa, which accounts for 30% of the platform's users, 300,000 new wallets were...
  12. Chris

    Greed warning with Bitcoin

    Greed warning with Bitcoin There is a lot of greed in the cryptocurrency markets with many first-time investors who do not understand the technology behind it. This is according to Luno Africa’s general manager Marius Reitz, who was speaking to BizNews Power Hour about the recent Bitcoin...
  13. Hanno Labuschagne

    Luno now allows users to earn interest on cryptocurrency

    Luno now allows users to earn interest on cryptocurrency Cryptocurrency exchange Luno has announced that its customers can now earn interest on Bitcoin, Ethereum, and USDC. These currencies have been added to the platform’s savings wallet, which means that the company’s seven million customers...
  14. Fingerlessliz

    Best non custodial wallet for South Africa?

    Hey guys. I started investing in crypto like 6 weeks ago, but I'm using Luno. Are there non custodial wallet options out there where I can buy crypto with ZAR? I was looking at Edge and Ledger but not sure if they accept card payments from SA. I'm still learning so, sorry if it's a stupid question.
  15. M

    Does Luno Still Withdraw On Saturdays?

    HI guys has anybody withdrawn to Fnb or standard bank on a Friday Night recently? I'd much prefer FNB and have used the instant withdrawal ?Standard Bank is instant no matter what time or day right?
  16. jibo82

    Luno support is non-existent

    I am locked out of my account and dont have access to my 2fa, so i used the option (which is now no longer avilable) to provide by details to disable 2fa. I received an automated email with a reference. This was over a week ago. Since then i received no communication from them. I have sent 5...
  17. Lefty309

    Cheapest way to get transact on Binance & the most Lucrative way to withdraw ZAR?

    Hi, I am new to crypto and have 2 questions. As Binance suspended the depositing and withdrawal of ZAR about 6 months ago, we are left with using our credit cards to buy crypto directly. This carries a standard 3% fee as well as a currency conversion fee from our bank (2% ?). Another way is to...
  18. B

    How to get hold of an actual person at Luno

    Ok, so I've got a ticket open, and got a generic response on it, but not at all did they address the issue I have. How do I go about speaking to a person @ Luno?
  19. J

    Luno acquired by Digital Currency Group

    Luno acquired by Digital Currency Group South African-founded cryptocurrency exchange Luno has been acquired by Digital Currency Group (DCG), a global business that builds, buys, and invests in blockchain companies. Luno is South Africa's' largest cryptocurrency exchange, and it now has five...
  20. J

    Why you shouldn't chase the price of Bitcoin

    Why you shouldn't chase the price of Bitcoin Luno Africa general manager Marius Reitz has warned local buyers against chasing the price of Bitcoin, stating that local buyers should learn more about the digital currency instead. Luno is a cryptocurrency exchange headquartered in London which...
  21. J

    Luno launches Ethereum-rand trading pair

    Luno launches Ethereum-rand trading pair Cryptocurrency exchange Luno has launched support for Ethereum-rand trading on its platform, allowing South Africans to buy Ethereum directly on the exchange using South African rand. Launch fees for the Ethereum-rand trading pair will be between 0% and...
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