Luno fees and limits in Kenya

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. 

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 If there aren’t enough funds in your KES wallet to cover the withdrawal fee, the fee will be deducted from the withdrawn amount instead.

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 -
KSh 150,000

0.40%

0%

2

KSh 150,000 -
KSh 500,000

0.35%

0%

3

KSh 500,000 -
KSh 1,500,000

0.30%

0%

4

KSh 1,500,000 -
KSh 6,500,000

0.25%

0%

5

KSh 6,500,000 -
KSh 13,000,000

0.20%

0%

6

KSh 13,000,000 -
KSh 32,500,000

0.15%

0%

7

KSh 32,500,000 -
KSh 65,000,000

0.10%

0%

8

KSh 65,000,000 -
KSh 125,000,000

0.09%

0.01% rebate

9

KSh 125,000,000 -
KSh 250,000,000

0.08%

0.01% rebate

10

KSh 250,000,000 -
KSh 500,000,000

0.07%

0.02% rebate

11

KSh 500,000,000 -
KSh 1,000,000,000

0.06%

0.02% rebate

12

Over KSh 1,000,000,000

0.05%

0.03% rebate

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.

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.

 

Share this article

Did this article help?

Thank you!

We value your feedback