NewsLuno: cryptocurrency heavyweight reaches 2 million customers

Luno: cryptocurrency heavyweight reaches 2 million customers


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Luno, a global cryptocurrency company, has announced its two millionth customer today.

Luno makes it safe and easy to buy, store and learn about cryptocurrencies like Bitcoin and Ethereum. The company is committed to demystifying cryptocurrencies by educating their customers on the risks and benefits associated with this exciting new technology.

With a team of250+ spread across three main hubs: London, Singapore and Cape Town, Luno now empowers over two million customers in more than 40 countries worldwide.

In the last month alone, more than $302 billion worth of cryptocurrency trades* have been completed globally, demonstrating the soaring appetite for the cryptocurrency industry across the world. Bitcoin, the first and most popular cryptocurrency, now exceeds the $125 billion total market cap.

Marcus Swanepoel, Co-founder and CEO of Luno, commented, “Reaching the two million customers is a significant achievement. We strongly believe that by making Bitcoin more accessible through education and by offering a user-friendly, safe platform more and more people across the globe can benefit from a better financial system”.

He added, “This milestone demonstrates the growing adoption of cryptocurrencies across the globe and reinforces our aim of reimagining a financial system where money is cheaper, faster and safer with open and equal access for everyone.”

The Luno currently offers three core products:

    • Luno Wallet: Consumer payments, cryptocurrency conversion and storage
    • Luno Exchange: Professional cryptocurrency trading platform
    • Luno Enterprise: Merchant integration, open API’s, institutional investors

Luno was founded by CTO Timothy Stranex, a former Google software engineer and CEO Marcus Swanepoel, a former investment banker.

Chris Hare
Chris Hare
A True Tech Geek at Heart, I Started my life of being a Tech Geek at the age of 5 with the BBC Micro. Went on through most of Nintendo stuff and now a Xbox and PlayStation fan. I also leaked the information about the leaked Hotmail passwords story from October 2009 that went World Wide. I Started writing tech articles at the beginning of 2011, most of my articles are about Android phones and Xbox One and PlayStation 4 and other gaming news. When Chris has free time its with the family.

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