The Luno Exchange is a platform that connects potential cryptocurrency buyers with potential cryptocurrency sellers. If you’d like to find out more about how the exchange works, explore our help article here.
The standard Luno view is the default on your Home screen, but you can change it to the Exchange view at any time.
Sign in to Luno and navigate to the Home screen from the menu at the bottom
From there, select the menu icon (...) in the upper right-hand corner of the screen
Switch between our the standard view and the Exchange view
On the web
Sign in on the web and make sure you’re on the Home screen
At the top right-hand corner, select Exchange
The Exchange interface explained
The Luno Exchange consists of the following components:
The order book
The order book displays the current resting orders in the market. Red represents the sell orders (or asks) and the green represents the buy orders (or bids).
As traders place buy and sell orders in the market at different prices, the order book is updated. Orders are executed when a buyer meets a seller (or vice versa). When you view the order book, the spread represents the difference between the highest bid and the lowest ask.
There are two chart views you can toggle between on the web:
This provides a selection of different indicators and chart types including Line and Candle. The default view is a Candlestick chart but has a wide range of other options and indicators such as Moving Averages and Volume.
Change the chart type view by selecting the icon on the web (top left) or the icon on mobile (bottom left).
This is a graphical representation of the pending limit orders in the order book.
The recent trades section lists the most recent trades executed in the market chronologically. The three columns represent the time, price and volume of each trade.
The dynamic order ticket is used for placing orders. When an order is placed, it goes to the order book and the open orders list. As the order fills, you can check its progress in the Open Order Section or in the My Orders screen.
If you select a sell order in the order book, the order ticket will auto-populate to match those orders and buy the BTC available up to the specific ask price.
Similarly, if you click on a buy order in the order book, the order form will auto-populate to match those orders and sell your BTC down to the specific bid price.
Once you've placed a limit order, it will be displayed in the Open Orders section and on the order book denoted by an asterisk*. From here, you can stop these orders if they haven’t yet executed.
Open Order (no fill)
Open Order (partial fill)
Once an order is fully filled or cancelled, it will no longer show in the Open Orders section. It will display in the Order History section summarising the total value of the trade.
Order History (completed order)
When using the Luno Exchange, you’re able to switch between different trading pairs. Your access to various trading pairs is based on the country you selected when signing up with us.
For example, if you’re verified to use Luno in South Africa, you’ll have the option to toggle the currency pairs between BTC/ZAR, ETH/BTC and ETH/ZAR.
Open the app and tap the home screen with Exchange view enabled. Use the currency pair selector in the upper left corner of the screen.
Access the pairs that are available to you from the currency pair selector in the top left corner or from the Markets screen, which can be found in the top menu bar.