Before making a deposit, you must first verify your identity. Next, ensure that your unique reference number (or in some countries, your unique deposit amount) is 100% correct before you make a deposit. Include your BX reference number for bank transfers. 

 Please note that we do not accept deposits from international or third-party bank accounts, payments must be made in your own name which has been verified with Luno. 

It may take up to two days for your deposit to reflect in your local currency wallet before you can buy cryptocurrency. You can view how long it takes for your country here. Bank deposits are not processed on weekends or public holidays.

Depositing money into your Luno wallet

Depositing money into your Luno wallet is easy. Follow the steps below and you’re good to go.

  1. Open the Luno website or mobile app. If you don’t have the app yet, you can download it on iOS or Android 

  2. From the MENU, select WALLETS and then your LOCAL CURRENCY wallet, select DEPOSIT

  3. Follow the steps on screen. The deposit screen will let you choose between the available deposit methods and guide you through the process

Congratulations! If you’ve followed the instructions correctly, your deposit will show in your Luno wallet. As soon as we receive your money, we’ll send you a notification and you will be able to buy Bitcoin.


Related articles

How long until my deposit shows in my Luno wallet?

Why is my deposit not reflecting? What do I do now?