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 Is Luno Good ?, Base on your experience

Is Luno Good or Bad ?
 
Yes [ 20 ] ** [44.44%]
No [ 17 ] ** [37.78%]
Crypto go away [ 8 ] ** [17.78%]
Total Votes: 45
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terradrive
post Aug 5 2021, 02:05 PM

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1,943 posts

Joined: Apr 2005


QUOTE(basilpaschal @ Aug 5 2021, 02:02 PM)
In my experience with Luno, I do not think it is good enough to be recommended to anyone.
When buying ETH - fees are around 2%
When selling ETH - fees are around 2 %
In the end, the fees are close to 2.5 times the profit I made.
After selling need to wait almost 48 hours for the money to be deposited into your bank account.
*
My fees are 0.25% maker or 0.5% taker

takes few hours for them to submit interbank giro withdrawal, then after submitted less than 6 hours get the money in my bank. Unless you withdraw on saturday, then need to wait until next business day to get the money (monday).

that's how giro works.

 

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