How to Use Luno in South Africa (2025 Guide)

If you're based in South Africa and interested in buying Bitcoin or Ethereum, you've probably heard of Luno. It’s one of the most popular crypto apps in the country — but is it the best option? Here’s everything you need to know about Luno in 2025.

What Is Luno?

Luno is a cryptocurrency exchange that lets you buy, sell, and store crypto like Bitcoin (BTC), Ethereum (ETH), USDC, and more. It’s been operating in South Africa for years and is known for its easy-to-use mobile app and ZAR (Rand) support.

How to Register on Luno

1. Download the Luno app on Android or iOS
2. Sign up using your phone number or email
3. Verify your identity (FICA process)
4. Deposit ZAR using EFT or Instant EFT

How to Buy Bitcoin on Luno

Once your account is verified and funded, go to the “Buy” tab, select Bitcoin or any other coin, and enter the amount you want to spend. Luno offers both instant buys and a crypto exchange where you can trade like a pro.

Is Luno Safe in South Africa?

Yes, Luno is registered with the FSCA and uses bank-level security. But like all crypto platforms, you should still activate 2FA (two-factor authentication) and never share your login info.

Luno Fees in 2025

• Deposit fees: Free for EFT, Instant EFT may charge
• Instant buy: Around 2% to 2.5%
• Exchange trades: 0.1% to 0.25% maker/taker
• Withdrawal: Small fixed fee per transaction

Luno vs Binance vs VALR

Luno is great for beginners. If you're more advanced, you might compare it with Binance (international) or VALR (local competitor). Luno’s strength is simplicity and local support. Binance has more coins and trading tools, while VALR often has lower fees.

Tips Before You Start

• Only invest what you can afford to lose
• Keep long-term holdings in a private wallet, not exchanges
• Learn the basics of crypto security

Bonus: Want to Meet Other Crypto Users in SA?

Check out Istoko, a platform where you can connect with other South Africans interested in Bitcoin, trading, or blockchain projects.

Final Thoughts

Luno is still a solid choice in 2025 for buying and selling crypto in South Africa. It’s beginner-friendly, FSCA-compliant, and offers good ZAR support. Just be sure to learn the risks and keep your coins safe.

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