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​Luno's position on Bank of Indonesia statement

by Luno Team 2 minute read

The central bank of Indonesia, Bank Indonesia (BI), recently issued a statement about cryptocurrencies. Here is Luno’s position (and actions) regarding three areas of interest: Using cryptocurrencies as a payment mechanism Owning cryptocurrencies like Bitcoin and Ethereum Buying, selling and trading cryptocurrencies. Ban: Cryptocurrencies as payment mechanism First, BI has affirmed that...

​How runaway markets work

by Luno Team 6 minute read

Investment decisions don’t start with purchases. They start with education. As Bitcoin and Ethereum continue breaking price records, we want to take a moment during this euphoria to explain an important concept: runaway markets.

Bitcoin timeline

by Luno Team 1 minute read

Over the past eight years, Bitcoin has evolved. A lot. Stories around Bitcoin have made the headlines for multiple reasons —some good, some bad— but for anyone watching, it has been quite a ride and fascinating to watch. We decided to look at where it all started, the crazy, spellbinding...

​Ethereum is now available on Luno

by Luno Team 2 minute read

We are happy to announce that Ethereum is now available on Luno. You can now buy, sell, send, receive and store the second most popular cryptocurrency. All you need is a verified Luno account. How to get started with Ethereum on Luno You will need a verified account with Luno...

The Bitcoin SegWit2X fork

by Luno Team 3 minute read

Update: The SegWit2X fork has been suspended and is unlikely to happen. See this announcement. There is (yet another) Bitcoin fork scheduled to happen later this month, known as the SegWit2X fork. This will result in a newly created currency. For more information on what Bitcoin forks are and what...

Living in a multi-digital-currency world

by Marcus Swanepoel 4 minute read

Over the past few months we’ve had a lot of questions about our views on various cryptocurrencies, including initial coin offerings (ICOs), and also why we only support Bitcoin on our platform. Since our founding, we’ve considered ourselves to be cryptocurrency agnostic. After we initially built the world’s first fully-integrated...

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