Are there any fees for trading Bitcoin on Luno?

2 answers

• Nov 28, 2021 · 3 years ago
  Yes, there are fees for trading Bitcoin on Luno. When you buy or sell Bitcoin on the platform, you will be charged a fee based on the transaction amount. The fee structure is tiered, meaning that the more you trade, the lower the fee percentage. You can find the detailed fee schedule on Luno's website. It's important to consider these fees when planning your trading strategy to ensure you are aware of the costs involved.
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• Nov 28, 2021 · 3 years ago
  Trading Bitcoin on Luno does involve fees. The fees are calculated based on your trading volume and the type of order you place. Luno charges a maker fee for placing limit orders and a taker fee for market orders. The fee percentage decreases as your trading volume increases. It's important to note that these fees are standard in the industry and are necessary for the exchange to operate smoothly. Luno provides a detailed breakdown of their fee structure on their website, so you can easily calculate the fees before making any trades.
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