![\"Timothy](\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2018\/06\/Timothy-Stranex.jpg\")
<\/a>Timothy Stranex<\/p><\/div>\n
Cryptocurrency exchange and wallet provider Luno expects to launch its service in more countries, CTO Timothy Stranex has told MyBroadband.<\/p>\n
\u201cLuno operates in more than 40 countries spread across three continents, and we are always looking for new countries to launch our product in – as long as our customers demand it,\u201d said Stranex.<\/p>\n
The company offers support for buying and selling Bitcoin and Ethereum with rand, and also lets users transfer money in and out of Luno using a South African bank account.<\/p>\n
Stranex explained that Luno\u2019s ongoing country rollouts involve customised, localised on-boarding and identity verification, as well as a further rollout of its learning portal.<\/p>\n
\u201cAs Luno expands the team globally, the company will be rolling out more deposit methods and country localisation.\u201d<\/p>\n
According to Stranex, Luno has historically been the largest and most established exchange in emerging markets.<\/p>\n
This is partly because it is difficult for other companies to build reliable verification and funding mechanisms. It is also difficult to secure the right partnerships in these markets.<\/p>\n
Interestingly, Luno is seeing its fastest growth not from emerging markets, but from Europe – it\u2019s most recent addition – albeit from a lower base.<\/p>\n
\u201cLuno\u2019s expansion across Europe offers access to the Luno app for retail customers from all European countries,\u201d said Stranex.<\/p>\n
From the app, clients can fund their accounts, in Euro, and buy bitcoin.<\/p>\n
\u201cThere are not a lot of companies that offer these kind of services in Europe – certainly not in a very mass-market, user-friendly way, and particularly with a really good mobile product coupled with good customer service,\u201d said Stranex.<\/p>\n
<\/a>Timothy Stranex<\/p><\/div>\n
Cryptocurrency exchange Luno expects to launch its service in more countries, CTO Timothy Stranex told MyBroadband.<\/p>\n","protected":false},"author":15,"featured_media":213874,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[44696],"tags":[35,42992,51889],"class_list":["post-266259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-headline","tag-luno","tag-timothy-stranex"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/266259"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=266259"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/266259\/revisions"}],"predecessor-version":[{"id":268955,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/266259\/revisions\/268955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/213874"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=266259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=266259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=266259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}