Selling your crypto is simple as choosing the crypto you want to sell, the currency you want to sell for and entering the amount you want to sell. When you’re ready, follow the steps in this article.
Here's how to sell your crypto
Sign in to your Luno account, then:
Select Portfolio
Select SELL
Choose the crypto you want to sell
Choose the currency you want to sell for
Enter the amount you want to sell and select NEXT
Review the transaction details, including the transaction cost, then select CONFIRM if you’re happy
If you’re using the Luno app, you’ll need to enter your Luno PIN to finalise the transaction
That’s it! You’ve sold some crypto.
Tip
Did you know Luno has a price alerts feature? You can set this up to notify you if your crypto reaches a price that you were looking to sell it for.
Frequently asked questions
Are there any costs?
Yes, you’ll pay a transaction cost when you sell crypto. This is a dynamic cost that varies depending on how much you’re selling and what the current market conditions are. You’ll see the exact transaction cost before you confirm any transaction. Learn more about the costs and limits for buying and selling cryptocurrency with Luno.
Why does it say ‘the amount is lower than the minimum’?
When you sell crypto, certain limits apply. You’ll need to make sure you’re selling an amount above the minimum limit and below the maximum limit. Follow the link to find the maximum and minimum limits for all our currencies.
I want to sell one type of crypto for another. Why don’t I see the crypto I want to sell for?
You’ll only be able to choose from cryptocurrencies that you’ve already created a wallet for. We’ve put together some detailed steps to help you sell one crypto for another.
Tip
Check out this article if you’d like to withdraw funds to your bank account after you’ve sold crypto.