The following fees and limits apply to Luno accounts verified in Australia.
Just to be extra clear: the $ symbols in this article refer to Australian dollars (AUD).
Deposits and withdrawals
|
Method |
Fee |
|
Bank transfer |
Free ($1.30 for amounts below $50.00) |
|
PayID |
Free ($1.30 for amounts below $50.00) |
There are no transaction limits on the amount you can deposit, except those set by your bank.
Tip
Learn more about depositing via bank transfer or PayID.
|
Method |
Fee |
|
Bank transfer |
Free ($1.30 for amounts below $50.00) |
Tip
Learn more about Luno’s withdrawal processing times.
Buying and selling crypto
You can buy crypto instantly using your credit or debit card in Australia.
|
Fee |
Limits |
|
3.5% |
$3,000 per transaction $8,000 per month |
Tip
Learn more about buying crypto with your card in Australia.
These fees and limits apply when you buy or sell crypto from the Portfolio screen, using funds from your AUD wallet or one of your crypto wallets.
They do not apply to transactions on the Luno Exchange.
Fees
|
Transaction type |
Fee |
|
Buying crypto |
2% |
|
Selling crypto |
2% |
Limits
These limits are applied per transaction. There is no limit on the number of transactions you can make.
| Currency | Minimum - Maximum Limits |
| AUD | $ 1.00 - $ 30,000 |
| AAVE | AAVE 0.001 - AAVE 45 |
| ADA | ADA 0.10 - ADA 32,500 |
| ALGO | ALGO 20.00 - ALGO 40,000 |
| APE | APE 2.50 - APE 15,000 |
| ARB | ARB 3.50 - ARB 25,000 |
| ATOM | ATOM 0.25 - ATOM 2,000 |
| AVAX | AVAX 0.05 - AVAX 400 |
| AXS | AXS 0.05 - AXS 3,000 |
| BCH | BCH 0.001 - BCH 25 |
| BTC | BTC 0.000025 - BTC 1.00 |
| CRV | CRV 10.00 - CRV 15,000 |
| DOGE | DOGE 0.20 - DOGE 40,000 |
| DOT | DOT 0.30 - DOT 2,000 |
| ETH | ETH 0.005 - ETH 50 |
| GRT | GRT 10.00 - GRT 80,000 |
| HBAR | HBAR 20.00 - HBAR 50,000 |
| IMX | IMX 2.00 - IMX 15,000 |
| LINK | LINK 0.05 - LINK 600 |
| LTC | LTC 0.001 - LTC 100 |
| MATIC | MATIC 1.00 - MATIC 40,000 |
| MKR | MKR 0.001 - MKR 5 |
| NEAR | NEAR 0.01 - NEAR 3,500 |
| OP | OP 1.50 - OP 12,500 |
| RENDER | RENDER 0.0005 - RENDER 2,000 |
| S | S 2.00 - S 15,000 |
| SAND | SAND 0.20 - SAND 30,000 |
| SNX | SNX 1.00 - SNX 12,500 |
| SOL | SOL 0.05 - SOL 200 |
| TRX | TRX 20.00 - TRX 35,000 |
| UNI | UNI 0.10 - UNI 1,500 |
| USDC | USDC 1.00 - USDC 50,000 |
| XLM | XLM 20.00 - XLM 35,000 |
| XRP | XRP 0.10 - XRP 40,000 |
The fee you pay when buying or selling crypto on the Luno Exchange depends on your total 30-day trading volume, and whether you’re placing a maker order or a taker order.
Your 30-day volume is calculated once per day by summing up all of your trading activity across all markets on the Luno Exchange platform over the last 30 days (converted to your primary currency). You are then assigned a fee tier based on this total 30-day volume according to the table below.
A taker order is an order that trades at market price. A maker order trades at a limited price.
|
Tier |
30-day volume |
Taker fee |
Maker fee |
|
1 |
$ 0 - $ 350,000 |
0.10% |
0% |
|
2 |
$ 350,000 - $ 700,000 |
0.09% |
0% |
|
3 |
$ 700,000 - $ 1,400,000 |
0.08% |
0% |
|
4 |
$ 1,400,000 - $ 2,800,000 |
0.07% |
0% |
|
5 |
$ 2,800,000 - $ 5,600,000 |
0.06% |
0% |
|
6 |
$ 5,600,000 - $ 8,400,000 |
0.05% |
0% |
|
7 |
$ 8,400,000 - $ 11,200,000 |
0.04% |
0% |
|
8 |
Over $ 11,200,000 |
0.03% |
0% |
Tip
Learn more about crypto trading fees on the Luno Exchange.
When placing an order on the Luno Exchange, each currency pair (or market) has minimum and maximum volumes and prices you can set.
Volume refers to the size of the order you can place, applicable to all order types.
Price refers to the range within which you can specify the price for an order. It does not apply to market orders, which are automatically set at the current market price.
|
Crypto/crypto pairs |
||
| Market | Volume | Price |
| ADA/BTC |
ADA 1.00 - ADA 1,000,000 |
BTC 0.000001 - BTC 0.01 |
| ATOM/BTC |
ATOM 1.00 - ATOM 100,000 |
BTC 0.00001 - BTC 0.10 |
| AVAX/BTC |
AVAX 0.01 - AVAX 10,000 |
BTC 0.0001 - BTC 1.00 |
| BCH/BTC |
BCH 0.01 - BCH 100.00 |
BTC 0.0001 - BTC 1.00 |
| BTC/USDC |
BTC 0.0005 - BTC 100.00 |
USDC 100.00 - USDC 1,000,000 |
| DOT/BTC |
DOT 1.00 - DOT 100,000 |
BTC 0.00001 - BTC 0.10 |
| ETH/BTC |
ETH 0.01 - ETH 1,000 |
BTC 0.0001 - BTC 1.00 |
| ETH/USDC |
ETH 0.001 - ETH 1,000 |
USDC 10.00 - USDC 1,000,000 |
| LTC/BTC |
LTC 0.001 - LTC 10,000 |
BTC 0.000001 - BTC 0.10 |
| MATIC/BTC |
MATIC 1.00 - MATIC 1,000,000 |
BTC 0.000001 - BTC 0.01 |
| SOL/ADA |
SOL 0.001 - SOL 10,000 |
ADA 1.00 - ADA 10,000 |
| SOL/BTC |
SOL 0.01 - SOL 10,000 |
BTC 0.0001 - BTC 1.00 |
| SOL/XRP |
SOL 0.001 - SOL 10,000 |
XRP 1.00 - XRP 10,000 |
| XRP/BTC |
XRP 1.00 - XRP 100,000 |
BTC 0.000001 - BTC 0.0001 |
|
Crypto/fiat pairs |
||
|
Market |
Volume |
Price |
|
ADA/AUD |
ADA 0.10 - ADA 1,000,000 |
$0.01 - $100.00 |
|
ATOM/AUD |
ATOM 0.10 - ATOM 100,000 |
$1.00 - $10,000 |
|
AVAX/AUD |
AVAX 0.001 - AVAX 10,000 |
$1.00 - $10,000 |
|
BTC/AUD |
BTC 0.0002 - BTC 100.00 |
$100.00 - $1,000,000 |
|
ETH/AUD |
ETH 0.001 - ETH 1,000 |
$10.00 - $100,000 |
|
MATIC/AUD |
MATIC 0.10 - MATIC 1,000,000 |
$0.01 - $100.00 |
|
SOL/AUD |
SOL 0.001 - SOL 10,000 |
$1.00 - $10,000 |
Sending and receiving crypto
Luno charges a dynamic fee for crypto sends.
-
The only exception to this is XRP, which has a fixed 0.03% send fee.
You’ll always see the exact fee amount before confirming you want to proceed with the transaction.
Dynamic fee explanation
-
Blockchain fees, which are not controlled by Luno, increase and decrease depending on how much demand there is on that blockchain.
-
Your dynamic send fee is calculated based on the up-to-date blockchain fee, plus Luno’s operational costs for processing your transaction.
-
During periods of high demand, when the blockchain fee increases, the fee you pay for sending crypto increases as well. If the fee were too low, your transaction could become delayed – or even stuck indefinitely – while the blockchain’s nodes validate all the other transactions that paid them more.
Tip
Follow these links to learn more:
Luno may limit the amount of cryptocurrency you can send during 24-hour and 30-day rolling periods.
These limits form part of our anti-financial crime measures, and they are in line with best practices in the industry.
Note
Send limits are tailored and dynamic in nature. The table below shows the general bandwidths of limits, but your actual send limit may be different.
|
24-hour limit |
30-day limit |
|
Maximum of USD 12,000 |
Maximum of USD 60,000 |
US dollar amounts are converted to the equivalent crypto that you’ve selected.
Tip
Learn more about crypto send limits.
It's free to receive cryptocurrency, with one exception:
-
We charge a nominal fee if you receive “dust” – a tiny amount of crypto, usually much lower than minimum buy or sell amounts
-
This fee combats dusting attacks, where attackers send small amounts to many wallet addresses in an attempt to de-anonymise them
Tip
Here are some things you need to know about receiving crypto.
Supported cryptocurrencies
The following coins are available to Luno customers verified in Australia: