Luno adds 1 million more wallets in 3 months

Hanno Labuschagne

Staff member
Sep 2, 2019

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 created over this period.

Luno said the business has grown rapidly due to ongoing interest in cryptocurrencies, the simplicity of its online and mobile platforms, and for offering education, bank-grade security and self-regulation.

Wary GOM

Expert Member
Aug 23, 2019
I have not had a good introduction to Luno. After putting all the required security information and photos, one gets a message that Luno will contact you when they have verified your information as being of adequate quality and completeness.

Front that point on, I have had nothing at all, not even a rejection. This doesn’t engendered feeling of security or willingness of Luno to assist if I need support.