What are the disadvantages of Luno?

What are the disadvantages of Luno?

Benefits Drawbacks --------------------------------------------------------------------- ----------------------------------------------------------- Traders can quickly switch between crypto and fiat currencies. There is only a limited crypto choice available. The option to share free fiat and crypto email payments is available. Does not support advanced trading tools and margin trading.

Can Luno be trusted?

Is Luno Real or Fake? Luno is a real and legit exchange, offering secure crypto trading exchanges. You may earn/lose money on this exchange depending on their financial decisions.28 Dec 2021

Can you lose your money with Bitcoin?

There are three main ways to lose all you money with bitcoin: The value plummets and you sell: crypto is volatile with its price determined by sentiment. Though technically you only lose money if you sell an investment for less than you bought it for. This is known as “crystallising your losses”.