Luno is launching a new rewards program exclusively for our Singapore customers! #LunoRewards
What is the #LunoRewards Program?
At Luno, we value customer loyalty above all else. We work tirelessly to provide you with the best products and services to cater to all your crypto transaction needs.
This is why we’re launching the #LunoRewards program – a special new program designed exclusively to benefit our most loyal customers.
The premise is simple – the more you Bitcoin trade, the bigger rewards you win!
The #LunoRewards program will reward you based on your monthly BTC/SGD transaction volumes through the Luno Exchange or the instant buy/sell option. You’ll receive this reward in the form of a rebate through a promo code, calculated as a percentage of your investment, which you’ll be able to redeem under the rewards tab in your Luno app. And all you have to do to be eligible is transact a total of SGD 5000 in a month!
The more you trade, the more you win
Your rebate will be calculated based on your monthly transaction volume. This is a tiered system, and you can move between the levels depending on your total transactions in that month.
List of #LunoRewards:
1. Monthly bonus up to SGD 100
2. Rebate (cashback) for every instant buy/sell & maker/taker trades up to 0.1%
3. Weekly market analysis report by Arcane Research
4. 50% share of your referrals’ transactions
There are four different levels with min. monthly transaction volume:
1. Bronze | SGD 5000
2. Silver | SGD 25.000
3. Gold | SGD 75.000
4. Priority | SGD 150.000
*The volume is an accumulative amount.
How it works: If you spend a total of SGD 2500 and buy/sell Bitcoin ten times in a month, your transaction volume is accumulated as SGD 25.000. Thus, you’re eligible for the #LunoRewards Silver level – entitled to 0.1% maker rebate, 0.05% taker/instant buy-sell rebate, and SGD 25 cashback!
Frequently asked questions
When is the promotion period and when will I get my reward?
The program will officially start on 1 June. Any trading volume from the first to the last day of the month will be accumulated. This will determine which level you are on. The reward will be sent to you in the first week of the following month. Your level will change every month, depending on your monthly transaction volume.
Which transactions are eligible for the monthly volume?
Any Bitcoin to SGD buy/sell transactions using Instant Buy/Sell, and any trades executed on BTC/SGD Exchange.
How will I get to know how much I have traded?
We will send your updated trading volume weekly through emails, depending on your #LunoRewards levels.
Terms & Conditions
1. This Program will commence 1 June 2020.
2. Participation in the Program is limited to existing and new Luno customers who are residents of Indonesia. New user may open an account through Luno’s Android apps, iOS apps, or website (https://www.luno.com/en/signup)
3. Transaction Volume that is included is for BTC/SGD pairs, both buy or sell done through Luno Exchange or Luno Instant Buy and Sell.
4. Monthly transaction volume is calculated from the first day of the month until the last day of the month according to SGT.
5. To be eligible for the program, the Participant must maintain a minimum transaction volume every month (different for each Level).
6. There are four Prize levels that participants may qualify for (Bronze, Silver, Gold, and Priority). The Prize level for each participant may change every month depending on the participant's monthly trading volume.
7. The rebate & cashback prize will be calculated in SGD, but sent to Participant’s Luno wallet in BTC.
8. Participants will receive regular updates on their performance in this program through email depending on your Prize Level.
9. Luno reserves the right to suspend or cancel the prize of a Participant if there is an indication of cheating, fraud, or market manipulation.
10. General terms and conditions apply. Click here.