Is Luno Available in USA? (2024)

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.

Is Luno Available in USA? (3)

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

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Is Luno Available in USA? (2024)

FAQs

Is Luno Available in USA? ›

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.

How do I buy Bitcoin on Luno USA? ›

Now that your Luno account is funded, you can buy crypto by following these steps:
  1. Select Wallets from the menu.
  2. Select the wallet for the crypto you want to buy (or add a new wallet if you don't see the one you want)
  3. In your crypto wallet, select BUY near the top of the screen.

Which countries is Luno available? ›

Supported countries
Global regionSupported countries in that region
AfricaNigeria Uganda South Africa
Asia-PacificAustralia Indonesia Malaysia
EuropeThe United Kingdom Countries in the Single Euro Payments Area (SEPA) (except if listed in the “Unsupported countries” section of this article)

Which Bitcoin wallet is the best in the USA? ›

Coinbase, Ledger and Safepal offer the best bitcoin and crypto wallets according to our testing. Your cryptocurrency is only as safe as your private key. The safest place to keep this alphanumeric sequence that allows you to access your funds is in a cryptocurrency wallet.

What is the best app to buy Bitcoin in the USA? ›

Coinbase is the most trusted place for people and businesses to buy, sell, and manage Bitcoin. It's quick and easy. Here's a step-by-step guide on how to buy Bitcoin.

Is Luno allowed in USA? ›

Conclusion. 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.

Is Luno trustworthy? ›

Security. Luno's industry-leading security measures work to keep your crypto safe. Luno stores 95% of crypto in “deep freeze” – multi-signature wallets protected by many layers of encryption.

What is the safest crypto wallet in us? ›

10 Best Cryptocurrency Wallets (September 2024)
WalletBest ForRating
Trust WalletBinance and Binance.US Users4.2 stars
ExodusCustomer Support4.1 stars
ZenGoEasy Account Recovery4.1 stars
LedgerHardware Wallet Integration4.8 stars
6 more rows

Where is the best place to buy Bitcoin in us? ›

Best places to buy Bitcoin
  • Trading platform and crypto selection: Coinbase.
  • Investing simplicity: Gemini Exchange.
  • Diversified investing needs: Robinhood.
  • Socially-driven investing: eToro.
  • Retirement investing: Bitcoin IRA.
  • User-friendly Bitcoin trading: Cash App Investing.

Can I buy Bitcoin directly from my bank account in USA? ›

Buy Bitcoin with your bank account through Coinbase

For US customers, Coinbase allows you to connect your bank account via ACH bank transfer. For European customers, Coinbase will also allow you to buy Bitcoin with a SEPA transfer, Faster Payments, or Easy Bank Transfer.

Does BitPay work in the USA? ›

U.S. residents may use the BitPay Card online or in-store wherever major debit cards are accepted. It can also be used as an ATM card to instantly convert your Bitcoin or other cryptocurrencies into dollars. Use it to travel, entertain, buy gift cards, invest, treat yourself, and live on crypto!

What is the most trusted cryptocurrency? ›

Bitcoin and ethereum dominate the global cryptocurrency market cap in the top two spots. Beyond them, BNB, solana and XRP jostle for position among the top 10 cryptos.

What are the disadvantages of Luno? ›

Customer Luno support is difficult to access. It might take a week, but once you find the support chat the customer care agents are helpful. Fees differ depending on location and amount, and are difficult to predict. Depositing is easy, but withdrawing or sending money isn't as seamless as it could be.

What is the best way to buy Bitcoin in us? ›

Best places to buy Bitcoin
  1. Trading platform and crypto selection: Coinbase.
  2. Investing simplicity: Gemini Exchange.
  3. Diversified investing needs: Robinhood.
  4. Socially-driven investing: eToro.
  5. Retirement investing: Bitcoin IRA.
  6. User-friendly Bitcoin trading: Kraken.
  7. User-friendly Bitcoin trading: Cash App Investing.

How do I open a Bitcoin wallet in USA? ›

How to set up a hosted wallet:
  1. Choose a platform you trust. Your main considerations should be security, ease of use, and compliance with government and financial regulations.
  2. Create your account. Enter your personal info and choose a secure password. ...
  3. Buy or transfer crypto.

How do I get BTC from Luno? ›

How to receive crypto to your wallet address
  1. Sign in to the Luno app.
  2. Select Wallets from the menu.
  3. Select RECEIVE.
  4. Select Create receive address.
  5. Choose the cryptocurrency you'd like to create a receive address for.
  6. Name your receive address and select CREATE.
  7. Read the disclaimer and select GOT IT.

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