# Luno Reviews **Vendor:** Luno **Category:** [Cryptocurrency Wallets](https://www.g2.com/categories/cryptocurrency-wallets) **Average Rating:** 3.8/5.0 **Total Reviews:** 12 ## About Luno Luno makes it safe and easy to store, buy, use and learn about digital currencies like Bitcoin. ## Luno Reviews ### 1. Nice place to buy and sell bitcoin **Rating:** 3.5/5.0 stars **Reviewed by:** Ender Yasin . | Entrepreneurship and Youth Affairs Intern, Small-Business (50 or fewer emp.) **Reviewed Date:** April 21, 2022 **What do you like best about Luno?** I invest in cryptocurrencies. I like Luno's trading screen. Because it is very easy to use. It makes it easy for beginners. The coins I want are available, I am happy with this situation. I hope that the days will come when it will develop further and have plenty of volume. **What do you dislike about Luno?** As it is a new exchange, the volume is not enough. Stop points and take profit points do not work properly due to insufficient volume. This can be a problem in futures trading. The Luno stock market is nice, but the color match could have been a little better. **What problems is Luno solving and how is that benefiting you?** I want to invest in cryptocurrencies and I want to trade in cryptocurrencies. I solve this problem with Luno. Luno is a nice app because it's easy to use and has a low commission rate. I hope it will get better in the coming days. ### 2. Great app for small time traders **Rating:** 5.0/5.0 stars **Reviewed by:** Mohd Elfie Nieshaem J. | SEO Specialist, Internet, Small-Business (50 or fewer emp.) **Reviewed Date:** November 11, 2022 **What do you like best about Luno?** Very easy to monitor crypto prices and purchase coins according to your preferences. **What do you dislike about Luno?** Too little cryptos to buy, currently there's only nine. No NFT buy either. **What problems is Luno solving and how is that benefiting you?** Nothing that I can think of. ### 3. Easy Buying and Selling of BCH, BTC, LTC, ETH, ZAR, USDC **Rating:** 5.0/5.0 stars **Reviewed by:** kolawole O. | Independent Freelance Web/Mobile Developer , Small-Business (50 or fewer emp.) **Reviewed Date:** April 27, 2022 **What do you like best about Luno?** Easy Buying and Selling of BCH, BTC, LTC, ETH, ZAR, USDC and many so more with your local currencies, you are also able to trade instantly via their exchange platform **What do you dislike about Luno?** It is easy to miss the different tools they offer as they do not have an intro walkthrough or any educational features to learn more **What problems is Luno solving and how is that benefiting you?** Buying and selling cryptos instantly and moving across coins many other platforms. Easy to transfer and track your your assets ### 4. All-in-one crypto tool **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Education Management | Enterprise (> 1000 emp.) **Reviewed Date:** April 05, 2022 **What do you like best about Luno?** Luno is a growing product, which has the ability to gain more users in the coming days. The best part about Luno is that it offers so many aspects like articles, news, exchanges, wallets etc all in one place. The overlap between all these areas really makes someone stick to their website **What do you dislike about Luno?** Luno is growing, but what it can do better is to ease up on the fees and offer more interoperability among other exchanges/wallets. You can buy/sell your crypto very easily, but the cost part can be made more lenient **Recommendations to others considering Luno:** If you are looking for a central place for research and investment in crypto, Luno could help you speed that up! It offers way more articles/blogs than other similar competitors. The revamped UI is a plus! **What problems is Luno solving and how is that benefiting you?** Luno's crypto investing schedule is really amazing! Along with this it just provides you with the right amount of news/details oftentimes. This packs up the whole process of research and investments into only a few seconds of your day! ### 5. Expensive transaction fee when buying or selling **Rating:** 1.0/5.0 stars **Reviewed by:** Kah Peng C. | Senior engineer, Small-Business (50 or fewer emp.) **Reviewed Date:** March 24, 2022 **What do you like best about Luno?** Ease of buying and selling. Withdrawal fee are low **What do you dislike about Luno?** The high fee of 2% when you buy or sell. With 20k you lose 800 which is a lot. **Recommendations to others considering Luno:** None **What problems is Luno solving and how is that benefiting you?** So far no problem with luno other than the high fees when buying or selling, which is 2% of your investment.e.g. With 20k you'll lose 400 when buying, and another 400 when selling. ### 6. My Luno review **Rating:** 5.0/5.0 stars **Reviewed by:** Favour A. | Retail Banking Officer, Mid-Market (51-1000 emp.) **Reviewed Date:** April 23, 2022 **What do you like best about Luno?** Their transaction process is fast and I will recommend this app to every other person. **What do you dislike about Luno?** There is nothing wrong with this software if you ask me it is perfect. **What problems is Luno solving and how is that benefiting you?** In purchasing cryptocurrency it is one of the best as it fast and easy to use. ### 7. Not the best, but hard to move away **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Marketing and Advertising | Mid-Market (51-1000 emp.) **Reviewed Date:** January 07, 2022 **What do you like best about Luno?** Ease of use and option to store multiple assets and track them and their movements **What do you dislike about Luno?** The ui and the difficulty in transferring or moving assists between users is not great or ideal **What problems is Luno solving and how is that benefiting you?** Storing multiple assets is the biggest problem and also the opportunity to use the exchange, and the way to track gains and losses ### 8. The worst customer experience **Rating:** 0.0/5.0 stars **Reviewed by:** Verified User in Consumer Services | Small-Business (50 or fewer emp.) **Reviewed Date:** June 19, 2021 **What do you like best about Luno?** There is nothing to like about this company who has even been revoked by the Financial Conduct Authority in the UK **What do you dislike about Luno?** They will not honour any promotional offers and even refuse to accept any complaints about their service, even though they advertise a complaints process. A disgraceful company who I would strongly recommend you avoid. **What problems is Luno solving and how is that benefiting you?** All Luno have demonstrated to me is how badly a company can do customer service. ### 9. A safe medium for saving Cryptocurrency **Rating:** 4.5/5.0 stars **Reviewed by:** Marcel J. | Cryptocurrency Trader, Internet, Small-Business (50 or fewer emp.) **Reviewed Date:** July 25, 2019 **What do you like best about Luno?** Luno is a superb wallet for saving Cryptocurrency. It's very secure, inexpensive and super easy to manage. More, the UI is top notch! **What do you dislike about Luno?** I have been using Luno for 8 months now and my experience has been first rate. No bad words whatsoever. **Recommendations to others considering Luno:** If you're looking for an easy to use, safe secure wallet, using Luno is a no brainer. **What problems is Luno solving and how is that benefiting you?** First, the guaranteed security is commendable which has led me to recommend it to peers. Another is the great ease with which transactions are carried out. What's more, I don't struggle with having to convert my cryptocurrencies into my local currency. ### 10. A good platform to buy, store and exchange cryptocurrencies. **Rating:** 5.0/5.0 stars **Reviewed by:** Noble C. | Software Developer, Mid-Market (51-1000 emp.) **Reviewed Date:** November 13, 2019 **What do you like best about Luno?** The ease of use, and the security verification in logging in makes it a secure platform. **What do you dislike about Luno?** Some times, payments do not reflect immediately after depositing, despite the assurance of swift transactions given during the process. **What problems is Luno solving and how is that benefiting you?** I have been able to save and invest cryptocurrencies for future prupose. Also, it enables me to receive cryptocurrencies using my secure LUNO wallet address. ### 11. Easy, Convenient Cryptocurrency Tool **Rating:** 4.5/5.0 stars **Reviewed by:** SalientAnimal C. | TrailRunner - Administrator - Coach, Small-Business (50 or fewer emp.) **Reviewed Date:** May 31, 2019 **What do you like best about Luno?** Luno gives you easy access to, what in my opinion are two of the top Cryptocurrencies - BitCoin & Ethereum. Using the app you can effortlessly purchase or sell cryptocurrencies at the click of a button. Two-Factor authentication also gives you an additional sense of security especially when it comes to cryptocurrencies. The app is lightweight, using little data and little space on your handset. **What do you dislike about Luno?** I would like to see more cryptocurrencies become available via Luno **Recommendations to others considering Luno:** Great overall tool and makes trading easy. **What problems is Luno solving and how is that benefiting you?** Quick, easy and secure purchasing and selling of cryptocurrencies. ### 12. Best Wallet for Storing your Bitcoin and Ethereum **Rating:** 4.5/5.0 stars **Reviewed by:** Paul A. | Software Developer, Information Technology and Services, Small-Business (50 or fewer emp.) **Reviewed Date:** August 15, 2019 **What do you like best about Luno?** User friendly, easy to use, secure and quick withdrawal of funds **What do you dislike about Luno?** The charge for each transaction is high and it has limited no of Crypto currencies it support. **Recommendations to others considering Luno:** It is secure and withdrawal of funds is as quick as possible **What problems is Luno solving and how is that benefiting you?** Payment network. For sending and receiving funds from clients. ## Luno Discussions - [Will Luno Support other Crypto Currencies in Future](https://www.g2.com/discussions/14766-will-luno-support-other-crypto-currencies-in-future) - 2 comments, 1 upvote - [Why is Luno so expensive?](https://www.g2.com/discussions/luno-why-is-luno-so-expensive) - 1 comment - [What does Luno app do?](https://www.g2.com/discussions/what-does-luno-app-do) - 1 comment - [View Luno pricing details and edition comparison](https://www.g2.com/products/luno/reviews?section=pricing&secure%5Bexpires_at%5D=2026-05-13+08%3A17%3A08+-0500&secure%5Bsession_id%5D=f8510060-2735-4986-9c41-11fe563131bc&secure%5Btoken%5D=f7399bba2838877a30fb7483250ff741876abf2ee98e3b8216d39291f77a34bd&format=llm_user) ## Luno Features **Generative AI - Cryptocurrency Wallets** - Enhanced Security - Fraud Detection - Customer Support ## Top Luno Alternatives - [Coinbase Wallet](https://www.g2.com/products/coinbase-wallet/reviews) - 4.4/5.0 (67 reviews) - [Metamask](https://www.g2.com/products/metamask/reviews) - 4.4/5.0 (43 reviews) - [Exodus](https://www.g2.com/products/exodus-exodus/reviews) - 3.9/5.0 (24 reviews)