Back to Brokers
Luno Logo

Luno

3.8(700 reviews)

Beginner-friendly crypto exchange with focus on emerging markets

FCA RegulatedSince 2013
76
Trust Score
Very Good
Open Account Now

Ready in 2 minutes

* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

0 €
Min. Deposit
4
Instruments
FCA
Regulation
2
Platforms

Key Features

Bitcoin

Bitcoin trading available

Ethereum

Ethereum trading available

Altcoins

Altcoins trading available

Savings Wallet

Savings Wallet trading available

Luno Web

Trading Platform

Luno App

Trading Platform

Advantages

  • Very user-friendly and ideal for beginners
  • FCA-regulated and part of Digital Currency Group
  • Savings wallet for interest earnings on crypto
  • Strong presence in emerging markets (Africa, Southeast Asia)

Disadvantages

  • Limited coin selection (under 30 coins)
  • Instant buy fees relatively high (0.75%)

Ready to Trade with Luno?

Discover Luno and start your trading journey today.

Open Free Account Now

Ready in just 2 minutes

* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About Luno

Luno was founded in 2013 in Cape Town and is now headquartered in London. The crypto exchange belongs to the Digital Currency Group and is regulated by the UK FCA. Luno specializes in emerging markets and has a particularly strong presence in Africa, Southeast Asia, and Europe. The platform is characterized by extreme user-friendliness and was specifically designed for crypto beginners. The Instant Buy feature enables quick cryptocurrency purchases, while the Exchange function offers more experienced users order book-based trading with lower fees. The Savings Wallet allows users to earn interest on their crypto holdings. Luno targets first-time cryptocurrency investors, particularly in emerging markets where traditional financial services are often difficult to access. The coin selection is intentionally kept small and includes fewer than 30 carefully selected cryptocurrencies.

Luno FAQ

In which countries is Luno available?
Luno is available in over 40 countries, with a strong presence in South Africa, Nigeria, Malaysia, Indonesia, and various European countries. Feature availability may vary by region.
What is the Luno Savings Wallet?
The Savings Wallet is a feature that allows users to earn interest on certain cryptocurrencies like Bitcoin and Ethereum. Interest is calculated daily and paid out regularly. Deposits can be withdrawn at any time.
Why does Luno offer so few coins?
Luno follows a curative approach and only lists cryptocurrencies that meet strict review criteria. This aims to protect beginners from high-risk tokens and ensure the quality of the offering, even though the selection is limited as a result.
Strategies × Top Stocks

Popular Strategies to Try

Concrete example trades you can replicate after opening your account at Luno.

Tesla logo
Long Straddle
TSLA

Long Straddle · Tesla

Tesla Inc.

Highly volatile — no clear direction · highly volatile mover

IV 5095%View example trade
NVIDIA logo
Long Straddle
NVDA

Long Straddle · NVIDIA

NVIDIA Corporation

Highly volatile — no clear direction · volatile stock

IV 4080%View example trade
Apple logo
Covered Call
AAPL

Covered Call · Apple

Apple Inc.

Neutral to mildly bullish · calm stock

IV 2032%View example trade
SAP logo
Covered Call
SAP

Covered Call · SAP

SAP SE

Neutral to mildly bullish · calm stock

IV 1830%View example trade
Amazon logo
Cash-Secured Put
AMZN

Cash-Secured Put · Amazon

Amazon.com Inc.

Neutral to mildly bullish · medium-volatility stock

IV 2542%View example trade
S&P 500 ETF logo
Iron Condor
SPY

Iron Condor · S&P 500 ETF

SPDR S&P 500 ETF

Neutral / Sideways · calm stock

IV 1222%View example trade
Nasdaq-100 ETF logo
Iron Condor
QQQ

Iron Condor · Nasdaq-100 ETF

Invesco QQQ ETF (Nasdaq-100)

Neutral / Sideways · calm stock

IV 1628%View example trade
Palantir logo
Bull Call Spread
PLTR

Bull Call Spread · Palantir

Palantir Technologies Inc.

Bullish · highly volatile mover

IV 5590%View example trade
MicroStrategy logo
Bull Call Spread
MSTR

Bull Call Spread · MicroStrategy

MicroStrategy Inc.

Bullish · highly volatile mover

IV 85160%View example trade
Coinbase logo
Bear Put Spread
COIN

Bear Put Spread · Coinbase

Coinbase Global Inc.

Bearish · highly volatile mover

IV 65120%View example trade
Microsoft logo
Butterfly Strategy
MSFT

Butterfly Strategy · Microsoft

Microsoft Corporation

Neutral — stock expected to stay near the center strike · calm stock

IV 1830%View example trade
NVIDIA logo
Bull Call Spread
NVDA

Bull Call Spread · NVIDIA

NVIDIA Corporation

Bullish · volatile stock

IV 4080%View example trade