Published in · 3 min read · Mar 6, 2023
--
Luno is a cryptocurrency exchange that allows users to buy, sell, and store digital assets such as Bitcoin and Ethereum. It was founded in 2013 and has since grown to become a popular platform for cryptocurrency traders around the world.
However, there has been some confusion about whether Luno is available in the United States. In this post, we will talk about the availability of Luno in the US and explain how to use Luno in the USA.
The short answer to this question is yes, Luno is available in the USA. However, there are some restrictions to the services that Luno offers in the country.
Luno is only available in 35 states of the USA, at the time of this publication. Below is a list that mentions a the states where Luno is available:
- Alabama
- Maryland
- Iowa
- Kansas
- Kentucky
- Maine
- Wisconsin
- Wyoming
- New Hampshire
- New Jersey
- Mississippi
- Missouri
- Montana
- New Mexico
- North Dakota
- Ohio
- Oklahoma
- Pennsylvania
- Rhode Island
- South Carolina
- Massachusetts
- Michigan
- Minnesota
- Texas
- Utah
- Vermont
- Virginia
- West Virginia
- Arkansas
- Connecticut
- Florida
- Georgia
- Illinois
- South Dakota
- Tennessee
If you are located in one of these states, you can create an account on Luno and start trading cryptocurrency. However, if you are located in a state that is not listed, you will not be able to use Luno.
If you are located in one of the states where Luno is available, you can follow these few steps to use the platform:
The first step is to create an account on Luno. You will need to provide some basic information such as your name, email address, and a password. Once you have created an account, you will need to verify your identity.
To comply with US regulations, Luno requires all users to verify their identity. You will need to provide a government-issued ID such as a passport or driver’s license. You will also need to take a selfie and provide proof of address such as a utility bill.
Once you have verified your identity, you can deposit funds into your Luno account. You can do this by linking a bank account or by using a debit or credit card.
Once you have funds in your account, you can start buying and selling cryptocurrency on Luno. The platform supports Bitcoin, Ethereum, and Bitcoin Cash. You can place market or limit orders, and you can also set up recurring buys.
If you want to hold your cryptocurrency for the long term, you can store it in your Luno wallet. Luno uses a multi-signature system to keep your funds secure. You can also set up two-factor authentication for added security.
In conclusion, Luno is available in the USA, but only in 35 of the 50 states. If you are located in one of the states where Luno is available, you can create an account and start trading cryptocurrency. However, you will need to verify your identity and deposit funds before you can start buying and selling.
Luno offers a user-friendly platform that makes it easy to trade cryptocurrency, and it also offers a secure wallet for storing your digital assets.
There are many substitutes for Luno, and you may mark them or check them out just in case. Binance, Paxful, Coinbase, Dart Africa, and Roqqu are some of the perfect Luno alternatives.
New to trading? Try crypto trading bots or copy trading on best crypto exchanges
Join Coinmonks Telegram Channel and Youtube Channel get daily Crypto News