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Keep up to date with the latest developments in the world of cryptocurrency

​You don’t have to buy a whole Bitcoin

A common misconception is that you have to buy a whole Bitcoin to get started. For anyone new to cryptocurrencies, this can be off-putting. But since Bitcoin is digital and can be divided into as many as one hundred million pieces, you don’t need to buy a whole one.

· 2 minute read

The scaling debate, Bitcoin forks and potential disruptions

“Bitcoin is dying!”, “Bitcoin will crash!”, “Bitcoin may fork!”, “BIP148 vs BIP91”, “August 1 is D-day!“ are some of the confusing articles and comments you might have seen or heard in recent weeks. In this article, I’ll try to unpack…

· 5 minute read

Bitcoin disruption events

The Bitcoin protocol will be undergoing changes in the coming weeks related to the activation of the Segregated Witness system. Due to the controversial nature of these changes, there are several different activation mechanisms in play. As such, disruptions are…

· 2 minute read

What is Ethereum? A beginner’s guide

You can now buy and sell Ethereum with Luno.  Recently we’ve seen a renewed interest in Ethereum from our customers. Like Bitcoin, Ethereum (or ETH, the underlying currency) has soared to an all-new record high over the past few weeks as…

3 minute read

Why Bitcoin adoption is closer than you think

How will people use money in the next 5–10 years? At Luno, this is something we regularly ask ourselves, observe and test with our customers, and discuss with the broader finance community, which includes some of the world’s leading fintech…

· 11 minute read

Buy Bitcoin with a credit card

At Luno, we focus on helping customers get Bitcoin in the easiest and fastest ways. 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…

· 1 minute read

Ten reasons you should consider buying Bitcoin

In some ways, Bitcoin is just another currency: it has an exchange rate against other currencies, it can be bought, sold and it can be used to pay for things online. Bitcoin is taking the financial world by storm. Here…

· 3 minute read

Mobile verification via phone call

When setting up or upgrading your Luno account, we may need to verify your mobile phone number. This is to help secure your Luno account. Our primary system –sending you a one time code via SMS– works perfectly well for the majority of our…

· 1 minute read

UK FCA Sandbox announcement

We’re excited to announce today that we have been selected to participate testing in the first group of the UK Financial Conduct Authority’s Regulatory Sandbox. Today also marks our broader entry into the UK and European markets. The Regulatory Sandbox is…

· 1 minute read

Anonymous cryptocurrencies, privacy and fungibility

It’s official. This week should mark the release of Zerocash. This new cryptocurrency, affectionately known as Zcash, is much like Bitcoin, but what sets it apart from Bitcoin is its focus on fungibility and user privacy. As you may know,…

· 3 minute read