Luno review: score, licensing and risks
69/100SCORE · CTrusted
Grade C, fair
Luno is FCA registered in the UK and dominant in several African and Southeast Asian markets. It supports a small list of major assets and is built for simplicity. The basic interface prices by spread, so use the exchange view.
The facts
- FOUNDED
- 2013
- HEADQUARTERS
- London, United Kingdom
- CUSTODY
- Custodial.
- MiCA / EEA
- Holds European authorisation in some states. Confirm your country.
- US ACCESS
- Limited.
- PROOF OF RESERVES
- Regulated custody.
- FEES
- Spread based on the simple interface, cheaper on the exchange view.
- ASSETS
- 30 plus
How the score breaks down
Each dimension is explained on the methodology page.
Where it is strong and where it is not
✓ Strengths
- FCA registered in the UK
- Very strong in Africa and Southeast Asia
- Clean record
- Simple for beginners
✗ Weaknesses
- Small asset list
- Simple interface is expensive
- Owned by Digital Currency Group
Incident history
No major security breach or regulatory action on record.
Our read
A well regulated, deliberately simple exchange that is the default in several African markets. Fine for buying and holding majors, limited beyond that.
COMPARE
RISK WARNING
Crypto assets are highly volatile and largely unregulated. You can lose everything you put in.
Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation
to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.