Once you’ve sold Bitcoin, you may want to withdraw local currency from Luno to your bank account. We make this process simple. Please ensure your identity is verified and your bank account is linked to your Luno profile in order to request a withdrawal.
You’ll be able to do this via our website and the app. Let’s take a look at how to do this via the app first:
Select ACCOUNTS from the side menu and then Withdraw on your local currency account
Next, you need to enter the amount you want to withdraw
Then select your bank account. You can add an optional note here for your records
Enter your PIN and you’re all done
Congratulations, you’ve processed a withdrawal from your Luno account!
Depending on your country and bank, clearance times do differ. For more information, please see our deposit and withdrawal schedule.
Click here for details about fees for withdrawing money from your Luno account.