Luno
Luno
15M+ users; xStocks (shares USA tokenized); FSCA + BNM dual license. Fee not competitive vs CEX globali; emerging focus. Focus markets emerging; volatility currencies local
Data & conditions
| Maker / Taker fee | 0.1% / 0.1% |
|---|---|
| Markets | Spot |
| Supported assets | 35+ |
| Fiat on-ramp | Yes |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | AFRICA, APAC · 10+ countries |
| Regulator | FSCA |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | FSP Sud Africa + FCA UK FSCA (SA); BNM (Malaysia) |
Strengths
- 15M+ users; xStocks (shares USA tokenized); FSCA + BNM dual license.
Weaknesses
- Fee not competitive vs CEX globali; emerging focus.
Verdict
15M+ users; xStocks (shares USA tokenized); FSCA + BNM dual license. Fee not competitive vs CEX globali; emerging focus. Focus markets emerging; volatility currencies local
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
FAQ
What are Luno's fees?
On Luno, spot fees are maker 0.1% / taker 0.1%. They drop with monthly volume and VIP tier.
Is Luno regulated in Europe?
Regulatory status of Luno: FSCA (SA); BNM (Malaysia). Licence: FSP Sud Africa + FCA UK (ZA).
Does Luno publish Proof of Reserves?
Proof of Reserves publication is not documented for Luno. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.
Can I send transfers to third-party IBANs from Luno?
No, Luno is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.
Does Luno support derivatives and futures?
Luno does not offer derivatives: it focuses on spot trading.
Sources
- Official service page Data verified on Jun 1, 2026
- Verified source Data verified on Jun 13, 2026
Update history
- Entry rebuilt from the v2 canonical dataset (manually verified record).