Luno fees and limits in the UK

The following fees and limits apply for Luno accounts verified in the United Kingdom.

Deposits and withdrawals

Method

Fee

Bank transfer

Free

Instant deposit

Free

Tip

Learn more about making bank transfers or instant deposits into your Luno account.

Method

Fee

Bank transfer

Free

Tip

Learn more about Luno’s withdrawal processing times.

You can find out what verification level you’re on by going to your Profile and selecting Settings. Under Verification, you’ll see Level 1, Level 2, or Fully verified.

The following deposit and withdrawal limits apply for each verification level:

Level 1

Level 2

Fully verified

Deposits over all time:

£ 1,000

Withdrawals over all time:

£ 1,000

Deposits per month:

£ 5,000

Withdrawals per month:

£ 5,000

No limits

Note

The verification levels available to you may differ depending on the date you signed up.

Tip

If you need to upgrade your verification level, go to Profile, Settings, then select Verification. Follow the prompts from there.

Buying and selling crypto

You can instantly buy crypto with your card in the UK.

Fee

Limits

3.5%

£ 1,000 per transaction

£ 5,000 per month

Tip

Learn more about buying crypto with your card in the UK.

These fees and limits apply when you buy or sell crypto from the Wallets screen.

They do not apply to transactions on the Luno Exchange.

 

Fees

Transaction type

Fee

Buying crypto

1.5%

Selling crypto

1.5%


Limits

These limits are applied per transaction. There is no limit on the number of transactions you can make.

Currency

Minimum - Maximum Limits

GBP

£ 1.00 - £ 100,000

AAVE

AAVE 0.001 - AAVE 600.00

ADA

ADA 0.10 - ADA 65,000

ALGO

ALGO 20.00 - ALGO 150,000

ATOM

ATOM 0.25 - ATOM 4,000

AVAX

AVAX 0.05 - AVAX 1,000

BCH

BCH 0.001 - BCH 40

BTC

BTC 0.000025 - BTC 5

CRV

CRV 10.00 - CRV 60,000

DOT

DOT 0.30 - DOT 5,000

ETH

ETH 0.001 - ETH 100

LINK

LINK 0.05 - LINK 1,000

LTC

LTC 0.001 - LTC 200

MATIC

MATIC 1.00 - MATIC 40,000

MKR

MKR 0.001 - MKR 20

SOL

SOL 0.05 - SOL 1400

UNI

UNI 0.10 - UNI 2,000

USDC

USDC 1.00 - USDC 100,000

XLM

XLM 20.00 - XLM 300,000

XRP

XRP 0.10 - XRP 80,000


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 -

£ 250,000

0.10%

0%

2

£ 250,000 -

£ 500,000

0.09%

0%

3

£ 500,000 -

£ 1,000,000

0.08%

0%

4

£ 1,000,000 -

£ 2,000,000

0.07%

0%

5

£ 2,000,000 -

£ 4,000,000

0.06%

0%

6

£ 4,000,000 -

£ 8,000,000

0.05%

0%

7

£ 8,000,000 -

£ 16,000,000

0.04%

0%

8

Over £ 16,000,000

0.03%

0%

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.

Market

Volume

Price

BTC/GBP

BTC 0.0002 -

BTC 100.00

£100.00 -

£1,000,000.00

BTC/USDC

BTC 0.0005 -

BTC 100.00

USDC 100.00 -

USDC 1,000,000.00

ETH/BTC

ETH 0.01 -

ETH 1,000.00

BTC 0.0001 -

BTC 1.00

ETH/GBP

ETH 0.001 -

ETH 1,000.00

£10.00 -

£100,000.00

ETH/USDC

ETH 0.001 -

ETH 1,000.00

USDC 10.00 -

USDC 1,000,000.00

LTC/BTC

LTC 0.001 -

LTC 10,000.00

BTC 0.000001 -

BTC 0.10

XRP/BTC

XRP 1.00 -

XRP 100,000.00

BTC 0.000001 -

BTC 0.0001

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.

Luno may limit the amount of cryptocurrency you can send during 7-day rolling periods.

These limits form part of our anti-financial crime measures, and they are in line with best practices in the industry.

7-day limit

USD 5,000 - 10,000

 

US dollar amounts are converted to the equivalent crypto that you’ve selected.

Note

Send limits are tailored and dynamic in nature. The table above shows the general bandwidths of limits, but your actual send limit may be different.

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

Supported cryptocurrencies

The following coins are available to Luno customers verified in the UK:

Share this article

Did this article help?

Thank you!

We value your feedback