Luno strives to be an affordable place to buy, sell, trade, store and use cryptocurrency. We aim to have a transparent fee structure, without hiding any costs from our customers. The following fees may apply when using our products.
Luno only levies a fee for local currency deposits in cases where we incur costs to receive your funds. Full details here.
When you withdraw local currency from Luno to your bank account, a small fee may apply. This admin fee is levied by our financial partners. Full details here.
Sending and receiving cryptocurrency
When sending Bitcoin, the fee is dynamic, meaning we look at the traffic on the Blockchain and levy a fee to ensure your transaction is processed quickly. It's free to receive Bitcoin and Ethereum, however, any Bitcoin amount received lower than BTC 0.0001 will have an equivalent receive fee applied. Ethereum send transactions are also subject to a nominal fee.
Full details here.
Buy or sell cryptocurrency
When you use the Instant buy or sell feature on the website or mobile application, Luno will show you the full price that you will pay for the transaction and no extra fees will be levied.
Example of buying 0.01 BTC on desktop or mobile - the total amount in local currency that will be deducted for the transaction shown.
The Luno Exchange uses a maker-taker model, with market makers (adding liquidity) paying no fees and market takers paying a nominal fee. Details about the fees can be found here.
For a detailed explanation and example of how fees are calculated on the Luno exchange, click here.