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Luno - Cryptocurrency Wallets

Luno Reviews in May 2025: User Ratings, Pros & Cons

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3.7

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Luno Reviews & Ratings

3.7

Very Good

Based on 11 ratings & 6246 reviews

Rating Distribution

Excellent

(3670)

Very Good

(1005)

Good

(498)

Poor

(213)

Terible

(860)

Expert's Review

Luno has shown notable strengths in its user interface and ease of cryptocurrency transactions for many users. The platform provides a simple process for buying and selling cryptocurrencies, making it convenient for users to navigate. However, some users have expressed concerns over delays in resolving deposit or withdrawal issues, leading to frustration and a ...Read more

Luno pros and cons

  • Ease of buying altcoins.

  • Intuitive platform for new users.

  • Poor customer support responses and extended resolution times.

  • High fees for transactions and limitations on withdrawals.

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Showing 81-90 out of 6246

BT

Brian Terblanche

03/18/24

1 out of 5

I can’t recommend this company at all

I can’t recommend this company at all, I have place all my saving with them and at first all was ok until I Needed to make transfers into new crypto, now all of a sudden my funds is frozen. There is now why you can talk with these people except through some bot that can’t help you. How can they accept funds then lock your account? Now I have liggend another request 878294 and it will take forever to sort out, I need to buy crypto now but can’t, they are the reason why my investment will not ...

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TF

Tshepang Fortune Letsholo

03/18/24

1 out of 5

My account seems to have been deleted…

My account seems to have been deleted from their system and I have bought coins before. I managed to login but Its as if I am a new user on their platforms. Its blank. I can't contact them because they listed no email address on their website. They have no chat button. I have proof of my transactions with them. I just need to get intouch with them.

JF

Joseph Fosuhene

03/15/24

1 out of 5

I AM REALLY FED UP AT THIS RATE AS THIS…

I AM REALLY FED UP AT THIS RATE AS THIS COMPANY HAS NOT BEEN RESPONDING TO MY EMAILS OR GIVING ME ANY UPDATE ON THE MONEY THAT THEY HAVE, BUT EVERYTIME I LEAVE A BAD REVIEW ON HERE IT GETS ANSWERED WITHIN HOURS…. AVOID USING THEM FOR YOUR OWN GOOD

MM

Martin Mccabe

03/12/24

5 out of 5

I’ve been using this platform for over…

I’ve been using this platform for over 3 years never had any issues with it, 5 stars in my eyes

E

Easy

03/10/24

1 out of 5

I have been unable to to log in into my…

I have been unable to to log in into my account with this app forore than three weeks now. Sometimes ago a message was sent to me that the company is having issue with FG. How long should I stay like this?

SI

SUNUSI IBRAHIM BALA

03/09/24

5 out of 5

Network connectivity

I have been trying for the past few weeks to log in to my luno App account,but to no avail.I begin to suspect that the company is going under-wire, because I totally lost hope . Their website is not available their App is having network connectivity problems. Why should I hope that everything is going fine. I hate this, someone trying to be in the picture he didn't partook at the onset.

DV

Dave Visser

03/08/24

1 out of 5

Thieves.

I do surveys and send tiny amounts to luno to make up a withdrawable amount. I have been doing this for years. When I logged in I discovered it missing. When I check the history, it's not there. I reached out to support and apparently now if the amount is small they just steal your money. Nice. Dont use them. This is theft.

GR

Graham Reynolds

03/06/24

2 out of 5

Disappointed made a withdrawal on the…

Disappointed made a withdrawal on the 29/02 still waiting today 7/03 , maybe a scam rip off company rather play with the big players Coinbase or Crypto.com going to move all my assets before they disappear.

C

customer

03/05/24

1 out of 5

LUNO A SCAM

It's been over 5 weeks that Luno locked my account and on the 6th of March they permanently closed my account due to fraudulent activity as they claim. I had over R11 thousand rand in my wallet. On the 27th of February I deposited R13800. So alreadyI lost money. I have sent so many emails to customer support. Have about 59 ticket numbers. I have even brought this to the attention on the CEO Mark Swanepoel. Needless to say, I still haven't received my money after doing all the verifications ...

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S

Shaun

03/04/24

1 out of 5

Blocked account, no reason! Financial fraud.

Luno has blocked my account for 5 weeks, with no reason. There is also way to contact Luno, as there is no email and only a chatbot. Luno has a trend of blocking people's accounts with no reasoning or contacting them. They are using your money to trade with and pay out other users. This is against the FSCA, and constitutes financial fraud. Please there are many other platforms, but stay away from Luno! so many horror stories!