The following fees and limits apply for Luno accounts verified in Kenya.
Deposits and withdrawals
Deposit fee |
Deposit limits |
1% |
Per transaction: KSh 500 - 250,000 Daily: KSh 500,000 |
The fee is deducted from your deposit. In other words, your Luno KES wallet will be funded with the deposit amount minus the fee.
Tip
Learn how to deposit money into your KES wallet.
Withdrawal Fee |
Withdrawal limits |
Ksh 50.00 |
Per transaction: KSh 500 - 250,000 Daily: KSh 500,000 |
The withdrawal fee is deducted from your KES wallet if it has a sufficient balance. If there aren’t enough funds in your KES wallet to cover the withdrawal fee, the fee will be deducted from the withdrawn amount instead.
Tip
Learn more about withdrawing money from your KES wallet.
Buying and selling crypto
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 |
KSh 0 - |
0.40% |
0% |
2 |
KSh 150,000 - |
0.35% |
0% |
3 |
KSh 500,000 - |
0.30% |
0% |
4 |
KSh 1,500,000 - |
0.25% |
0% |
5 |
KSh 6,500,000 - |
0.20% |
0% |
6 |
KSh 13,000,000 - |
0.15% |
0% |
7 |
KSh 32,500,000 - |
0.10% |
0% |
8 |
KSh 65,000,000 - |
0.09% |
0.01% rebate |
9 |
KSh 125,000,000 - |
0.08% |
0.01% rebate |
10 |
KSh 250,000,000 - |
0.07% |
0.02% rebate |
11 |
KSh 500,000,000 - |
0.06% |
0.02% rebate |
12 |
Over KSh 1,000,000,000 |
0.05% |
0.03% rebate |
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 |
AAVE/BTC |
AAVE 0.01 - AAVE 10,000 |
BTC 0.0001 - BTC 1.00 |
ADA/BTC |
ADA 1.00 - ADA 1,000,000 |
BTC 0.000001 - BTC 0.01 |
ALGO/BTC |
ALGO 1.00 - ALGO 100,000 |
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 |
CRV/BTC |
CRV 1.00 - CRV 1,000,000 |
BTC 0.000001 - BTC 0.01 |
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 |
FTM/BTC |
FTM 1.00 - FTM 100,000 |
BTC 0.000001 - BTC 0.01 |
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 |
MKR/BTC |
MKR 0.001 - MKR 100.00 |
BTC 0.001 - BTC 10.00 |
NEAR/BTC |
NEAR 1.00 - NEAR 100,000 |
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 |
USDC/USDT |
USDC 0.10 - USDC 1,000,000 |
USDT 0.10 - USDT 1,000 |
XLM/BTC |
XLM 1.00 - XLM 100,000 |
BTC 0.000001 - BTC 0.01 |
XRP/BTC |
XRP 1.00 - XRP 100,000 |
BTC 0.000001 - BTC 0.0001 |
XRP/USDT |
XRP 0.10 - XRP 1,000,000 |
USDT 0.01 - USDT 100.00 |
Crypto/fiat pairs |
||
Market |
Volume |
Price |
BTC/KES |
BTC 0.00001 - BTC 10.00 |
KSh 100,000 KSh 1,000,000,000 |
ETH/KES |
ETH 0.00001 - ETH 100 |
KSh 10,000 KSh 100,000,000 |
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, which are based on your identity verification level. Your actual send limit may be different.
24-hour limit |
30-day limit |
Maximum of USD 120,000 |
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, 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.