Bank transfers are by far the most common funding method supported by Bitcoin providers, including us. Customers make a deposit in their local currency, and then once the money reflects, they use it to purchase Bitcoin.
This, however, is often a hurdle for new customers to buy Bitcoin: it just takes too much time.
An exciting feature we’ve launched to a segment of our UK customers is the ability to save a credit or debit card to your Luno Wallet to make depositing easier and faster. Other existing deposit methods will continue to be available for our other EU customers.
For customers in the UK new to Luno, you will have the credit card deposit method available to you after verifying your identity.
For more information on this, please read our Help Centre article.