What are the fees and charges associated with using Luno for crypto transactions?

3 answers

• Russell HauserFeb 20, 2022 · 4 years ago
  Luno charges fees for various types of transactions. When you buy or sell cryptocurrency on their platform, you will be charged a trading fee. The trading fee is a percentage of the transaction amount and varies depending on the trading volume. Additionally, Luno may charge a deposit fee when you transfer funds into your Luno account. The deposit fee can vary depending on the payment method you choose. It's important to review Luno's fee schedule on their website for the most up-to-date information.
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• bin zoSep 01, 2021 · 4 years ago
  Using Luno for crypto transactions comes with certain fees and charges. The trading fee is the most common fee you'll encounter. It's a percentage of the transaction amount and is deducted from your account balance. Luno also charges a deposit fee for certain payment methods. It's advisable to check their website for the latest fee structure as it may vary over time. Keep in mind that fees are a standard part of using any cryptocurrency exchange, and Luno's fees are competitive compared to other platforms.
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• ADARSH RAJJun 04, 2024 · a year ago
  When it comes to fees and charges, Luno is known for its transparency. They provide a clear breakdown of the fees associated with using their platform for crypto transactions. The trading fee is based on a tiered structure, which means the more you trade, the lower the fee percentage. Luno also charges a deposit fee for certain payment methods, but it's important to note that not all payment methods have a deposit fee. Overall, Luno's fees are competitive in the market, and they provide a user-friendly interface to help you manage and track your transactions.
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