When sending cryptocurrency from Binance to a Luno wallet receive address, always choose the correct transfer network. Visit this article to check which cryptocurrencies and transfer networks are supported on Luno.
Binance created its own blockchains (transfer networks) for its customers to send crypto quicker: the Binance Chain (BNB) and the Binance Smart Chain (BSC) (BEP20/BEP2 tokens).
These blockchains aren’t integrated with the Luno platform, which means we don’t have any access to them. If you send crypto from Binance to Luno using BNB or BSC, we won’t be able to access the funds and return it to you. Your funds will be lost.
Note
The crypto assets listed in this table are the only crypto assets Luno currently supports. Sending any other cryptocurrencies to Luno will result in the loss of your funds. Also, please make sure you’re sending the correct crypto to the correct Luno wallet, e.g. you can only send BTC to your Bitcoin wallet, ETH to your Ethereum wallet, LTC to your Litecoin wallet, etc.
The cryptocurrencies available to you may also differ depending on your country. Don't attempt to receive a cryptocurrency unless you've got a Luno wallet for that specific coin.