The following fees and limits apply for Luno accounts verified in the United Kingdom.
Deposits and withdrawals
Deposit fees
| Method | Fee |
| Bank transfer | Free |
| Instant deposit | Free |
Tip
Learn more about making bank transfers or instant deposits into your Luno account.
Withdrawal fees
| Method | Fee |
| Bank transfer | Free |
Tip
Learn more about Luno’s withdrawal processing times.
Verifications levels and limits
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
Instant buy with card
You can instantly buy crypto with your card in the UK.
| Transaction cost | Limits |
| 3.5% |
£ 1,000 per transaction £ 5,000 per month |
Tip
Learn more about buying crypto with your card in the UK.
Instant buying or selling
These fees and limits apply when you buy or sell crypto from the Portfolio screen.
They do not apply to transactions on the Luno Exchange.
Transaction costs
| Transaction type | Transaction cost |
| 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 45 |
| ADA | ADA 0.10 - ADA 32,500 |
| ALGO | ALGO 20.00 - ALGO 4,000 |
| ATOM | ATOM 0.25 - ATOM 2,000 |
| AVAX | AVAX 0.05 - AVAX 400 |
| BCH | BCH 0.001 - BCH 25 |
| BTC | BTC 0.000025 - BTC 3 |
| CRV | CRV 10.00 - CRV 15,000 |
| DOT | DOT 0.30 - DOT 2,000 |
| ETH | ETH 0.001 - ETH 50 |
| LINK | LINK 0.05 - LINK 600 |
| LTC | LTC 0.001 - LTC 100 |
| POL | POL 1.00 - POL 40,000 |
| SKY | SKY 0.001 - SKY 5 |
| SOL | SOL 0.05 - SOL 200 |
| 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 |
Exchange tiers and fees
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.
Exchange trading limits
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
Send fees
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:
Send limits
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.
Maximum send limits
| 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.
Minimum send amounts
| Cryptocurrency | Minimum send amount |
| AAVE | AAVE 0.000001 |
| ADA | ADA 1.1 |
| ALGO | 0.1 ALGO |
| ANKR | ANKR 0.000001 |
| APE | APE 0.000001 |
| ARB | ARB 0.000001 |
| ATOM | ATOM 0.0001 |
| AVAX | AVAX 0.0001 |
| AXS | AXS 0.000001 |
| BCH | BCH 0.0001 |
| BERA | BERA 0.000001 |
| BNB | BNB 0.000001 |
| BTC | BTC 0.0001 |
| CRV | CRV 0.000001 |
| DOGE | DOGE 2 |
| DOT | DOT 1 |
| DYDX | DYDX 0.000001 |
| ENS | ENS 0.000001 |
| ETH | ETH 0.0001 |
| EURC | EURC 0.000001 |
| FET | FET 0.000001 |
| FLOKI | FLOKI 0.000001 |
| FTM | FTM 1 |
| GRT | GRT 0.000001 |
| HBAR | HBAR 1 |
| HNT | HNT 1 |
| IMX | IMX 0.000001 |
| INJ | INJ 0.000001 |
| JUP | JUP 0.000001 |
| LDO | LDO 0.000001 |
| LINK | LINK 0.0001 |
| LRC | LRC 0.000001 |
| LTC | LTC 0.0000546 |
| MATIC | MATIC 0.0001 |
| MKR | MKR 0.000001 |
| NEAR | NEAR 0.1 |
| ONDO | ONDO 0.000001 |
| OP | OP 0.1 |
| PAXG | PAXG 0.000001 |
| PEPE | PEPE 0.000001 |
| PYTH | PYTH 0.000001 |
| PYUSD | PYUSD 0.000001 |
| RENDER | RENDER 0.000001 |
| S | S 1 |
| SAND | SAND 0.000001 |
| SEI | SEI 0.000001 |
| SHIB | SHIB 0.000001 |
| SKY | SKY 0.000001 |
| SNX | SNX 0.000001 |
| SOL | SOL 0.01 |
| STRK | STRK 0.000001 |
| SUI | SUI 0.000001 |
| TAO | TAO 0.000001 |
| TIA | TIA 0.000001 |
| TON | TON 0.000001 |
| TRX | TRX 1 |
| UNI | UNI 0.0001 |
| USDC | USDC 0.000001 |
| USDT | USDT 0.000001 |
| VIRTUAL | VIRTUAL 0.000001 |
| XLM | XLM 1 |
| XRP | XRP 0.01 |
| ZEC | ZEC 0.0001 |
| ZRO | ZRO 0.000001 |
Receive fees and limits
It's free to receive cryptocurrency, except:
- If you’re receiving Bitcoin and the amount received is lower than BTC 0.00000546, an equivalent fee will be charged to combat dusting attacks.
We’ve also set minimum receive amounts for some cryptocurrencies to help prevent dust attacks.
| Cryptocurrency | Minimum receive amount |
| ALGO | ALGO 0.1 |
| ATOM | ATOM 0.06 |
| DOT | DOT 0.05 |
| XLM | XLM 0.1 |
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: