Cryptocurrencies have given the world the ultimate financial freedom as these currencies have no single entity that controls them. But what makes them cooler is having an e-wallet from where you can generate transactions. Luno is a blockchain and crypto wallet that carries out every crypto-expenditure and income with perfection.
Whether you’re a nascent crypto trader or have fairly advanced in the same, you will require a secure and safer means to buy and sell online. To cater to all such woes, Luno introduces it’s 3 Step process which will help you to purchase, sell, mine and learn more about cryptocurrencies.
Since its inception in 2013, the app operates in over 40 countries and has generated more than 8 million in revenue. It guarantees the most comprehensive and state-of-the-art security measures for BTC (Bitcoin), ETH (Ethereum) and other cryptocurrencies as well. The Luno Bitcoin wallet is garnering positive feedback from users worldwide as many consider it the app that provides the ‘most sophisticated Bitcoin security systems.’
Let us have a deeper retrospection.
It primarily follows the colours blue with a shade of indigo and white. Its urban typeface, (probably a modified daCasa font) gives it a very casual look to appeal to the wider gamut of audience who have a geeky approach to things; smartly revealing their heterogeneity to the world. The Concentric ‘O’ takes the biggest slice.
You would first need to Sign Up. If you already have an account, you simply need to Sign In. You can deposit money into your Luno wallet by various methods of money transfer, including net banking and card payments. Next is buying the crypto. After buying currencies, you can easily store them in your wallets. If you’re a rookie to all this, you might still question ‘how to buy with Luno app. Let’s understand further.
The Homepage itself is quite attractive as it’s informative. Right when you open the app, 1/3rd of your mobile screen will show you live market reports of cryptocurrencies (you will be able to toggle between Bitcoins and Ethereum). The second portion of the wizard will allow you to enter the amount of Bitcoins or Ethereums you want to buy.
Note: The conversion currency is Euros because it majorly functions in European countries.
The last portion provides you with the following options-
To be able to send Bitcoins to another user via your Luno Bitcoin Wallet, you will first be asked to authorize via e-mail.
Luno is popular for its ‘bank-grade’ security measures. Interestingly, the app bears a distinctive feature called ‘deep freeze’ which has the keys safely stored to your crypto vault. No third party has access to your keys. Some vital points to note down-
MAD rates: 4 stars
The progressive side of Luno is quite evident from its activities. It has played a significant role to promote cryptocurrencies in many African economies. In countries like Nigeria, Uganda, Zambia the app makes it more flexible to buy/sell, trade and learn about cryptos like Bitcoin and Ethereum and other ones as well.
Amongst emerging Blockchain wallets, the Luno app is doing well and is expected to spread across other countries as rapidly as ever. Thus, if it’s present in your country, you must install the Luno right away.
In order to buy a Bitcoin via Luno app, you must first register yourself with the Luno app. The next step is the ID verification. After that’s complete, you need to fund your account post which you get the option to withdraw or deposit a particular amount. Once done, you get the option ‘Instant Buy or Sell’ where you can choose the cryptocurrency you desire to buy (Bitcoin in this case).
As of now, only two viz. Bitcoin and Ethereum
The Luno Exchange is a platform that bridges the gap between potential buyers and sellers. The platform enables the dealers to exchange cryptos. You can set a Limit order for this exchange method. It’s at the price at which you decide to pay.
Luno follows a strong security system to keep your account absolutely safe from attackers. It follows a multi-level safety process. Read here for further info- Luno Security
Yes, it does! You can download it for free from the AppStore and Play Store.
She is a writer and content marketer at MobileAppDaily. She can mold the most annoying app into a gleaming stone. Her knack around the mobile apps is merely splendid. Her experience in the tech industry has assisted her in churning out the best and more importantly, unbiased mobile app reviews.Follow