Cryptocurrency Q&A Is Luno safe in South Africa?

Is Luno safe in South Africa?

Stefano Stefano Wed Feb 12 2025 | 6 answers 986
I'm considering using Luno in South Africa for cryptocurrency transactions, but I'm concerned about its safety. I want to know if Luno is a secure platform for buying, selling, and storing cryptocurrencies in South Africa. Is Luno safe in South Africa?

6 answers

CherryBlossomFall CherryBlossomFall Fri Feb 14 2025
It is important to understand that while Luno takes measures to safeguard your assets, the ultimate responsibility lies with you.

Was this helpful?

194
97
Bianca Bianca Fri Feb 14 2025
Your wallet's protection against unauthorized access is something you must personally ensure.

Was this helpful?

225
75
Chiara Chiara Fri Feb 14 2025
In the event that your sign-in credentials are compromised, your cryptocurrency could be at risk.

Was this helpful?

135
94
CryptoMystic CryptoMystic Fri Feb 14 2025
If an intruder gains access to your Luno wallet using your stolen credentials and steals crypto, the funds may be lost forever.

Was this helpful?

174
72
CryptoPioneer CryptoPioneer Fri Feb 14 2025
Luno prioritizes the security of your cryptocurrency.

Was this helpful?

106
94
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts