Luno fees and limits in Uganda

The following fees and limits apply for Luno accounts verified in Uganda.

Deposits and withdrawals

Method

Fee

Bank transfer

Free

 

Monthly limits apply, based on your verification level.

Tip

Learn more about bank transfers in Uganda.

Method

Fee

Bank transfer

Sh 2,000

 

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

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

Level 2

Fully verified

Deposits per month:
Sh 10,000,000
Withdrawals per month:
Sh 10,000,000

No limits

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

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

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

UGX

Sh 50 - Sh 2,500,000

AAVE

AAVE 0.001 - AAVE 600.00

ADA

ADA 0.10 - ADA 100,000

ALGO

ALGO 20.00 - ALGO 250,000

ATOM

ATOM 0.25 - ATOM 10,000

AVAX

AVAX 0.05 - AVAX 5,000

BCH

BCH 0.001 - BCH 4.00

BTC

BTC 0.000025 - BTC 0.01

CRV

CRV 10.00 - CRV 110,000

DOGE

DOGE 0.20 - DOGE 100,000

DOT

DOT 0.30 - DOT 25,000

ETH

ETH 0.001 - ETH 5

FTM

FTM 0.10 - FTM 20,000

GRT

GRT 10.00 - GRT 40,000

LINK

LINK 0.05 - LINK 1,000

LTC

LTC 0.001 - LTC 15

MATIC

MATIC 1.00 - MATIC 75,000

MKR

MKR 0.001 - MKR 40.00

NEAR

NEAR 0.01 - NEAR 2,000

SAND

SAND 0.20 - SAND 65,000

SNX

SNX 1.00 - SNX 3,500

SOL

SOL 0.05 - SOL 1,000

TRX

TRX 20.00 - TRX 100,000

UNI

UNI 0.10 - UNI 2,000

USDC

USDC 1.00 - USDC 100,000

XLM

XLM 20.00 - XLM 400,000

XRP

XRP 0.10 - XRP 3,500


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

Sh 0 -
Sh 1 million

0.10%

0%

2

Sh 1 million -
Sh 2 million

0.09%

0%

3

Sh 2 million -
Sh 4 million

0.08%

0%

4

Sh 4 million -
Sh 8 million

0.07%

0%

5

Sh 8 million -
Sh 16 million

0.06%

0%

6

Sh 16 million -
Sh 24 million

0.05%

0%

7

Sh 24 million -
Sh 32 million

0.04%

0%

8

Over Sh 32 million

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.


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

BTC/USDT

BTC 0.0005 -

BTC 100.00

USDT 100.00 -

USDT 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

ETH/USDT

ETH 0.00007 -

ETH 100.00

USDT 100.00 -

USDT 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/USDT

SOL 0.001 -

SOL 10,000

USDT 1.00 -

USDT 10,000

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/UGX

ADA 0.10 -

ADA 100,000.00

Sh 100.00 -

Sh 500,000.00

ATOM/UGX

ATOM 0.10 -

ATOM 1,000

Sh 100.00 -

Sh 1,000,000

AVAX/UGX

AVAX 0.001 -

AVAX 1,000.00

Sh 10,000.00 -

Sh 10,000,000.00

BTC/UGX

BTC 0.0002 -

BTC 90.00

Sh 1,000.00 -

Sh 1,000,000,000.00

MATIC/UGX

MATIC 0.10 -

MATIC 100,000.00

Sh 100.00 -

Sh 500,000.00

SOL/UGX

SOL 0.001 -

SOL 1,000.00

Sh 10,000.00 -

Sh 10,000,000.00

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 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

Level 2

Maximum of USD 12,000

 

Level 3

Maximum of USD 120,000

Level 2

Maximum of USD 60,000

 

Level 3

Maximum of USD 600,000

 

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, except:

  • If you’re receiving Bitcoin and the amount received is lower than BTC 0.0001, an equivalent fee will be charged to combat dusting attacks.

Luno does not apply any limits to the amount of cryptocurrency you can receive.

Supported cryptocurrencies

The following coins are available to Luno customers verified in Uganda:

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