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% |
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.
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.
Tip
Follow these links to learn 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
Tip
Here are some things you need to know about receiving crypto.
Supported cryptocurrencies
The following coins are available to Luno customers verified in the UK: