When you sign up with Luno, we provide you with a Bitcoin (BTC) wallet. To buy or transact with any other cryptocurrency, you’ll need to add a wallet for that coin. At the moment, we support the following crypto coins:
When you sign in to Luno, you can add a new wallet by following these steps:
Select Wallets in the menu
Select Add a new wallet
Choose the crypto you’d like to add
And lastly, select CREATE WALLET
The new cryptocurrency will be added to your list of available wallets. You'll be able to send, receive, buy, and sell from your newly created wallet. Adding an extra cryptocurrency wallet will also add its price chart to your home screen.
Please take extra care when sending and receiving cryptocurrency by ensuring that the wallet the funds are being sent to is a supported wallet to receive that type of cryptocurrency. For example, a BTC wallet cannot receive BCH and vice versa.
Frequently asked questions
Is XRP and Ripple the same thing?
Not quite. XRP is the Ripple network’s native cryptocurrency. XRP uses its own technology called the Ripple protocol consensus algorithm (RPCA), which allows for the seamless transfer of local money and cryptocurrencies (Like XRP) on the Ripple network.
Do I have an XRP tag?
Yes. Once you create an XRP wallet to receive XRP you will have a tag associated with the address you’ve created. These XRP tags help to map XRP deposits and payments to individual customers.
Learn more about XRP tags here.
I’m using a legacy BCH wallet address (unsupported by Luno) - how can I convert my address?
If you’re using a legacy BCH wallet address, you can use this tool to convert it: https://cashaddr.bitcoincash.org/
I already have a Bitcoin Cash wallet with Luno. What do I need to know?
If you already have a Bitcoin Cash (BCH) wallet with Luno since the hard fork, which occurred on 1 August 2017, you will now also be able to trade BCH on the Luno Exchange using the newly launched BTC/BCH trading pair. You will also be able to create a receive address to receive BCH to your wallet.