Struggling to decide which assets to invest in? Luno offers bundles to help take some of the hard work out of investing by enabling you to buy a collection of assets in a single purchase.
Luno has the following bundles available, though support will vary depending on your country:
- The Luno Large Cap Bundle is a collection of the largest and most established crypto assets
- The BlueChip+ Bundle is made up of 70% tokenised US stocks and 30% crypto
Buying your first bundle
- Sign in to your Luno account
- Select Buy
- Select A bundle
- Choose Luno Large Cap (LLC) or Blue Chip+ (BCP)
- Enter the amount you’d like to invest and select NEXT
- Review the details on the screen and accept the terms and conditions, then select CONFIRM
Success! Your investment will be added to your bundle portfolio.
Topping up your bundle
- Select Portfolio
- Scroll down and select your bundle under Bundles
- Select Top up
- Choose how you’d like to pay for your bundle
- Enter the amount and select NEXT
- Review your transaction details, including the amount you’re buying and the fee
- If you’re happy, accept the Terms and Conditions and select CONFIRM
- Enter your Luno PIN
Your investment will be added to your bundle portfolio.
Selling some or all of your bundle
- Select Portfolio
- Choose your bundle under Bundles
- Select Sell
- Enter the amount you'd like to sell and select NEXT
- Review your transaction details, including the amount you’re selling and the fee, and select CONFIRM
- Enter your Luno PIN
Success! You’ve just sold all or part of your bundle.
Unbundling (Malaysia only)
Customers in Malaysia can transfer individual cryptocurrencies out of their bundle. For example, if you don’t want your bundle to include Bitcoin, you can unbundle Bitcoin to transfer it into your transactional Bitcoin wallet.
Here’s how:
- Select Portfolio
- Choose your bundle under Bundles
- Select UNBUNDLE from the top menu, then GOT IT
- Choose which crypto asset you want to remove from your bundle
- Enter the amount you want to remove
- Select CONFIRM after reviewing the amount and fee
The amount you unbundle, minus a 1% fee, will be transferred to your normal transactional wallet for that cryptocurrency. If you’d like to unbundle another crypto asset, repeat the steps.
The benefits of building a diversified portfolio
Crypto bundles are an option you can consider if you’re looking to diversify your crypto holdings.
With one purchase, you can buy a piece of some of the largest and most popular assets in an ever-changing crypto and financial market.
The bundles’ algorithms track market cap performance, so the assets in your bundle rebalance as needed.
Tip
Think of a bundle like a basket of assets that you own, except the contents of the basket are adjusted based on changes in the market. Learn more about what rebalancing is and how it works.
Keep in mind that even a diversified portfolio is not immune to losses. Make sure you understand cryptocurrency risks before investing.
Frequently asked questions
How are crypto asset combos different from bundles?
Coin combos give you the convenience of buying multiple crypto assets in a single transaction, which are then stored in individual crypto wallets. You can then buy more of an individual asset at a later stage or sell part or all of an individual coin.
Bundles are a basket of pre-set assets and these are stored together as a collection, undergoing automatic rebalancing at quarterly intervals.
What are the fees?
A buy, tracking, top-up, and sell fee are charged for bundles. The tracking fee is paid quarterly, while the rest are paid at the point of sale.
Note
Read this article for a breakdown of the fees that are charged for bundles.
What is rebalancing?
When coins in your bundle drop or increase in value, we’ll rebalance your bundle every quarter by adding higher-performing coins and removing lower-performing coins, if needed. Rebalancing prevents your bundle’s value from being tied to a single underperforming coin and ensures that your exposure to risk is reduced. Read more about bundle rebalancing and how it works.
When does rebalancing take place?
Rebalancing takes place on the second business day of January, April, July, and October.
Can I track the performance of my bundle?
Yes, you can. You’ll be able to see how your bundle’s doing from your Portfolio, scrolling down to Bundles, and then selecting the bundle wallet you want to check.
Tip
Check out this article to learn how to track your bundle’s performance.
Are there tax implications?
Yes. Buying the underlying assets, rebalancing, and reconstitution or selling all or part of the bundle will trigger a tax event.
Note
We recommend that you consult with your personal tax advisor on the potential tax implications of investing in a bundle.