Luno cuts taker fees for all traders
On 5 October, Luno will reduce taker fees for all our Exchange customers. The highest fees that any customer will pay will be 0.10%, while the lowest will be 0.03%. This is a huge reduction of over 90% – down from a top rate of 0.25%. We’re also introducing an updated tiering structure for taker fees, which makes it easier for you to get rewarded the more you trade. Makers will continue to pay 0 fees across the board.
This puts Luno’s fees among the lowest in the industry. It’s the result of a thorough review of our exchange and fees that’s been carried out alongside our traders. This has already seen us introduce a number of new features designed to optimise your trading experience, including Stop-Limit Orders, Market Orders, and a sparkling new layout – with more to come.
Following our recent acquisition, we’ll be announcing a lot more exciting changes for our customers across the globe. It’s our mission to make sure that you have easy access to an equitable and highly-liquid crypto marketplace that’s built to drive growth. This is just the beginning.
The new reduced fee tiers
The new reduced fee tiers are based on rolling 30-day trade volume.
When will the reduced fee tiers start?
On 5 October, the new fee tiers will come into effect. You won’t have to do anything – just keep trading.
How will I be assigned to a fee tier?
Fee tiers will be assessed daily based on a 30-day rolling basis. This means that you won’t have to wait for the month to end to jump up a fee tier and take advantage of lower rates if your trading activity has increased.
Where can I see my fee tier?
You’ll be able to view your 30-day volume and fee tier using My Orders or via the API.
What about your other fees?
Our instant buy/sell fees will remain the same at this time, although we are constantly reviewing all of our fees.