Luno is a cryptocurrency investment platform that was established in 2013 and has gained popularity among millions of users globally. The platform allows users to buy, trade, store, and explore various cryptocurrencies such as Bitcoin, Ethereum, and many others. By supporting a wide array of cryptocurrencies, Luno aims to cater to the diversified interests of investors looking to engage with the crypto market.
One of the key principles underlying Luno’s operations is transparency. The company ensures that all cryptocurrency holdings are maintained on a 1:1 basis and provides regular reports that have been independently audited to confirm their reserves. Additionally, Luno operates as a licensed Financial Services Provider in South Africa and is regulated by the Securities Commission in Malaysia, although it does not hold similar licenses in the UK where cryptoassets are unregulated.
Luno offers a variety of features designed to enhance the user experience and facilitate investment strategies. Users can buy and sell a range of cryptocurrencies that have undergone Luno's internal due diligence process. Furthermore, Luno provides a secure cryptocurrency wallet where assets are stored. The platform has been recognized for its rigorous security measures, positioning itself as one of the most compliant crypto investment platforms according to recent rankings.
To assist users in making informed decisions, Luno provides real-time market data and price alerts, which empower investors to stay updated with market trends. Users can also engage in crypto staking to earn rewards and participate in Luno’s unique Price Predict game for a chance to win Bitcoin. With a user-friendly interface suitable for all levels of expertise, Luno encourages responsible investment practices, emphasizing the need to understand the risks associated with cryptocurrency trading.