Luno is a British crypto trading company expanding its operations globally. They charge zero fees on transfers to other Luno users and boast high-security systems that keep your coins safe. Store your crypto in high-capacity, super secure wallets that Luno keeps at a 95% deep freeze. Since their app is designed for those new to crypto trading, it educates users at every turn and answers plenty of important questions. In addition to its security, Luno also has features to alert you when important price movements happen or when scheduled buy orders are executed. Only Bitcoin and Ethereum can currently be traded in the US. Ripple, Chainlink, Uniswap, and more are supported in the UK, so we can assume that U.S. users will be granted access to those assets in the future.
How you make money
Buy, trade, and transfer Bitcoin and Ethereum at lightning speeds and make money as your digital assets increase in value.
How Luno makes money
Luno's main source of revenue is from trading fees. However, in the past 5 months, they've launched Luno Expeditions to invest in early-stage fintech and crypto companies. Their goal is to launch over 200 startups in the next year and grow their revenue by supporting innovative new companies.
Is it safe?
Luno is compliant, transparent, and secure. They state that they take a proactive approach to regulation and were one of the first platforms to establish policies in congruence with anti-money laundering and financial terrorism laws. They recognize that regulation is important to keeping customers' money safe. In addition, Luno publishes its quarterly financial statements to verify the security of the digital assets they store and trade. Luno has had ample time to set high safety standards since it launched in 2013 and is now known for its state-of-the-art account security.