One million new users welcomed since September
Wednesday, 13 May 2020: Cryptocurrency platform Luno has reached over 4 million customers worldwide, adding one million new users since September 2019. The platform also saw the second-biggest increase of website traffic across all exchanges for the month of April, higher than the likes of Binance, Coinbase and Kraken.
The news comes in what is already an exciting week for the industry, with the halving and follows the recent addition of Litecoin to the Luno platform, which joined Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP).
“Whether they’re looking for new ways to spend, or new assets to invest in, hitting this milestone – and the pace at which we’ve hit it – not only reinforces the trust users have in our platform but the growing appeal of cryptocurrencies.”
Founded in 2013, Luno is headquartered in London, with hubs in Singapore and Cape Town, and users across 40 different countries. It recently announced that its trading volumes doubled since the start of March 2020, with a 50% rise in its number of active users month-on-month. March also saw the platform’s biggest month in terms of trading volume since August 2019, and active users since April 2019.
“Since starting Luno, our mission has been to provide users with a platform to buy, sell and learn about cryptocurrencies,” adds Swanepoel.
“We want to show people that they can benefit from what we believe is a new and improved financial system, regardless of their location. With leading cryptocurrencies such as bitcoin, Ethereum, Litecoin, and XRP readily available on a user-friendly and safe platform, we’ll continue to push cryptocurrency among the mainstream as we start our journey to 5 million.”
Luno is a leading global cryptocurrency company on a mission to upgrade the world to a better financial system. With a team of over 300 and currently has its headquarters in London with regional hubs in Singapore and Cape Town.
Luno is ranked in the top-ten of the CryptoCompare Exchange Benchmark published on November 19th, 2019.
With over 4 million customers (wallets) spanning over 40 countries, Luno’s products and services make it safe and easy to buy, sell, store and learn about cryptocurrencies like Bitcoin, Ethereum and Ripple’s XRP.