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Introducing Volume-Based Exchange Fees

by Team Luno 2 minute read

We have introduced a volume-based fee reduction for traders using the Luno Exchange. The new fee structure gives discounted trading rates to those who trade larger amounts of Bitcoin. On makers and takers The Luno Exchange uses the popular maker-taker fee model. Market makers are traders who place some of...

Finite-State Machines at Luno

by Timothy Stranex 5 minute read

Executing a multi-step business process (e.g. processing a financial transaction) is trivial in a linear self-contained program, but can become very complex in the context of a distributed system with multiple concurrent servers and external dependencies, such as the systems we run at Luno. With even a small number of...

Where to Spend Bitcoin in Singapore

by Team Luno 3 minute read

As a growing number of people become aware of and interested in Bitcoin, we often get asked: So where can I spend my Bitcoin in Singapore? Do any Singaporean merchants actually accept Bitcoin payments? We’re pleased to announce that Singapore has a bustling Bitcoin market, with more and more merchants...

Our Singapore Bitcoin Giveaway Winner

by Team Luno 1 minute read

Congratulations to Charles Phua --our Singaporean 1 BTC Giveaway winner-- for entering our competition and winning the lucky draw.  The prize of one Bitcoin was paid over to their Luno wallet earlier this week and the transaction was recorded on the Bitcoin Blockchain here. To our runners-up: congratulations to you too! The following...

​BitX is now Luno!

by Marcus Swanepoel 2 minute read

We founded BitX in early 2013 to bring the power of cryptocurrency to the world. We believe decentralised cryptocurrencies like Bitcoin will fundamentally change how the world views and uses money: cheaper, faster and safer transactions; more privacy and freedom; a significantly better user experience; and ultimately, more equality by...

To the moon! The Luno brand story.

by Marcus Swanepoel 3 minute read

We believe that decentralised cryptocurrencies like Bitcoin will fundamentally change how the world views and uses money: cheaper, faster and safer transactions; more privacy and financial freedom; a significantly better user experience; and ultimately, more equality by giving everyone in the world access to the same financial system. This financial...
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