Luno Review Bitcoin – Is Luno Legit?

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Luno REVIEW Bitcoin


Created to spread cryptocurrency adoption

Luno is a new breakthrough cryptocurrency exchange

Read 100% Free Luno Review by Scamorno Team


System Luno
Website URL
Trial Start Trial
Overall Score 9.3/10


Are you looking for more information about the Luno cryptocurrency exchange and whether or not this is really a cryptocurrency exchange that you can trust and put your money into? Previously known as BitX, was founded in the year 2013 and has been providing their exchange services ever since. The company has its headquarters in London with operations spanning that span all around the world. They offer the transacting of Bitcoins and has been a host of more than a billion dollars worth of BTC trades since they launched.

Visit Luno Website

How To Start Trading At Luno?

At, Fiat and BTC deposits. are both accepted as payment methods. Deposit methods accepted are Bank Transfer, SEPA Transfer, Interbank GIRO/IBFT, Debit/Credit Card via PayU, Bank Transfer via PayU, EFT. Deposit methods also depend on the country that you are in, which means that not all of the mentioned options above are available for your country. Fees for deposits starts from 1.58% up to ZAR + 5.00% per transaction.

When it comes to withdrawals, they accept Bank Transfer, SEPA Transfer, Interbank GIRO/IBFT, Bank Transfer, and EFT. Again, these options vary depend on which country you are from.

Overview of Buying And Selling Crypto On Luno:

For instant buy and sell transactions, Luno has set specific limits depending on where the user is from. The BTC/IDR market allows a minimum of BTC 0.0005 for every transaction and a maximum of BTC 2.00 or IDR 15,000.00 up to a maximum of IDR 120,000.000.00. These limits are for instant buy/sell transactions and do not apply to their exchange and can only be done through their App.

Review Verdict: Luno is a legitimate exchange and wallet that works

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Consumer Fraud Alert Regarding Luno

The success of Luno has given rise to many frauds who try to sell their own fake exchanges in its name. This is a big issue as many customers have lost their money in buying from such fake sites. It is advised that customers should be really careful when they are purchasing and should do some research before they buy from any website. To spot these, watch out and avoid sites that claim to write about Luno, yet the write-up is completely garbage and unreadable as they are created by software and spammed all over the internet. It is always better to avoid buying from any other site other than the official one. Therefore, it is highly advised that consumers do careful research, or only buy from the site from the official website here – (link opens in a new window). The official website that they have includes the legitimate exchange

Conclusion about Luno


In general, Luno offers a BTC wallet that can be used by anyone around the globe. The website does not lag and everything is in place. They also have educational materials for people that are new to BTC, which is great for anyone who is looking to get themselves into crypto and buy from a reliable cryptocurrency exchange and wallet!


Luno Preview: (to pause video, simply tap/click on it)

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