Luno allows small minimum trades, making it accessible for beginners to start with lower amounts.
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The minimum trade amount on Exmo is low, making it accessible for new traders.
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Luno’s fees are competitive but can vary by region and payment method, which may impact cost efficiency for some users.
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Trading and Transaction Fees
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Exmo has competitive trading fees, with a flat fee model starting at 0.3%, which can be reduced based on trading volume .
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Luno offers a selection of the most popular cryptocurrencies but has a more limited range compared to larger exchanges.
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Number of Cryptocurrencies
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Exmo supports over 50 cryptocurrencies, providing a good range for trading but fewer than some major exchanges .
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Luno provides a few crypto-to-crypto trading pairs, focusing more on fiat to crypto transactions which limits trading strategies.
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Crypto-to-Crypto Trading Pairs
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Exmo offers around 180 trading pairs, giving users reasonable options for trading .
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The Luno website provides clear information on fees, policies, and company details, although some users may seek more depth in certain areas.
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Exmo’s website is transparent, providing detailed information on fees, security measures, and supported assets .
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The Luno card effectively integrates with their service offering, providing convenience and accessibility for in-store purchases while also facilitating easy conversion from crypto to fiat. This feature enhances user experience by expanding the usability of cryptocurrencies in everyday life. However, availability may vary by region, which is why it doesn’t achieve a perfect score.
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Exmo does not offer its own credit or debit card for purchases with cryptocurrencies .
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Luno excels in secure cryptocurrency storage solutions, offering integrated wallets with advanced security measures.
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Exmo employs robust security measures including cold storage for the majority of user funds .
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Currently, Luno has limited options for staking and rewards, which could be an area for future development to enhance user returns.
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Exmo does not currently offer staking and reward features, which limits earning opportunities for users .
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Luno’s mobile app and desktop platform are highly user-friendly, offering intuitive navigation and robust functionality for all user levels.
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Exmo provides a user-friendly mobile app and desktop interface, ensuring accessibility for trading on the go .
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Luno provides competent customer service with multiple channels for support, though response times can occasionally extend during high demand periods.
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While Exmo offers 24/7 live chat and email support, response times can be slow, affecting user satisfaction .
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Deposits and withdrawals are generally smooth with Luno, supporting various methods, though some users might face delays depending on their region.
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Exmo supports multiple deposit and withdrawal methods, including bank transfers, credit/debit cards, and electronic wallets .
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