Luno Pros and Cons Pros: Regulated Quick and easy way to trade bitcoin against fiat currencies Easily convert between crypto and fiat currencies Send crypto and fiat email payments for free Businesses can accept and pay in crypto with a business account Cons: Only six cryptos available to trade (Bitcoin and Ethereum) No margin lending or advanced tradings tools Low liquidity Not available in the United States. Exchange trades not available in Europe Luno is a bitcoin exchange and payment service operating in 40 countries across Europe and several developing and middle-income countries. With a zealous mission to educate the world about cryptocurrencies and how to trade them, Luno has been compared to the E*TRADE of the online trading revolution of the 1990s. We have conducted an in-depth review of fees, features, and pros and cons to evaluate the demand for Luno’s crypto trading and payments services. While Luno is providing a valuable service by helping the world easily exchange and spend crypto in the mainstream economy, investors may prefer an exchange like eToro for U.S. customers and Plus500 for UK traders which offer multiple assets and where you can trade in real-time trading across multiple assets classes. eToro - Our Recommended Crypto Platform Our Rating ASIC, CySEC and FCA regulated - 20 Million Users Worldwide Buy with Bank transfer, Credit card, Neteller, Paypal, Skrill, Sofort Free Demo Account, Social Trading Community Free Secure Wallet - Unlosable Private Key Staking Rewards for holding ETH, ADA or TRX Copytrade Winning Crypto Traders - 83.7% Average Yearly Profit Buy Crypto 68% of retail investor accounts lose money when trading CFDs with this provider. What is Luno? If you are looking for an exchange to buy cryptocurrency pairs across dozens of different cryptos, Luno is not the best option. What Luno does do it does very well. The exchange offers trading in bitcoin, ethereum, Ripple, Litecoin, Bitcoin Cash and USD coin, across fiat currencies. The Luno wallet and payment app make it easier than ever to send, receive and spend your crypto and fiat. Education is provided through the Luno Learning Portal and blog for the beginner bitcoin trader. Luno makes using crypto in the real world easy. You can convert your crypto into your local currency at any time and spend it. Some exchanges offering over 100 crypto pairs to trade, on the other hand, do not offer any on-exchange option to convert to fiat. Instead, you have to withdraw your funds to your own digital wallet and find your own crypto-to-fiat solution. Large crypto-to-crypto exchanges like Kraken and Binance come to mind. Luno is for the trader who foregoes purchasing a Ferrari to drive in a low speed limit zone when a Toyota will do. The alternative does the job and is cheaper and more efficient. Luno’s market capitalization is $3.7 million. 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Deposit$50100 EURN/AN/A$10$10$2$100N/ALeveraged TradingN/AN/A1 - 100x1 - 100x1 - 10x1 - 100xN/A1 - 30x1-200xLatest Prices (per Coin)Bitcoin$23612.99$23472.72$23396.73$40391.88$40393.04$40404.41$40416.27$23461.03$40377.55Ethereum$1633.48$1628.63$1618.52$2796.11$2795.55$2797.45$2796.59$1622.97$2795.54XRP$0.41$0.41N/A$0.23N/A$0.78$0.30$0.41$0.78Tether$1.01$1.01$1.00$1.00N/AN/A$1.00N/AN/ALitecoin$99.17$98.68N/A$109.04N/A$109.10$109.04$98.78$108.99Bitcoin Cash$134.97$135.37N/A$506.41N/A$295.12$295.07$135.30$294.96Chainlink$7.07$7.02N/A$14.26N/A$14.68$14.67$7.11$14.68Cardano$0.39$0.39N/A$0.83N/A$0.83$0.83N/A$0.83IOTA$0.23$0.23$0.23N/A$0.70$1.91$1.91$0.23$0.70Binance Coin$317.35$314.52$314.45N/AN/A$385.92N/AN/AN/AStellar$0.09$0.09N/A$0.19$0.08$0.19$0.19$0.09$0.19Bitcoin SVN/A$42.59N/A$182.50N/AN/AN/AN/A$77.12USD CoinN/AN/AN/A$1.00N/AN/AN/AN/A$1.00EOS$1.06$1.06$1.05$2.06$2.06$2.06$2.05$1.06$2.06MoneroN/A$180.50$178.14N/AN/AN/AN/AN/A$188.31Payment methodsCredit CardGiropayNetellerPaypalSepa Transfer