Luno Insider – End of year review

As the market ramps up to round off 2024, it’s been a year to remember at Luno. We expanded your crypto horizons with more than 20 new assets to invest in, introduced more ways to earn crypto rewards with staking, and made it possible to buy your shopping with crypto across South Africa. And much, much more. 

Here’s a rundown of everything new to Luno that you might have missed this year. Is there something here that could transform your crypto journey? We hope you’ve enjoyed investing with Luno in 2024. Thank you for being part of our journey this year—we can’t wait to bring you even more in 2025.

A big year for new crypto at Luno

This year, we’ve brought you even more ways to explore the world of crypto. Our lineup of new digital assets to invest in includes Dogecoin (DOGE), Near Protocol (NEAR), Maker (MKR) and many more. So whether you’re diving into DeFi, mad for  memecoins, or just curious about what’s out there, we’ve got even more investing opportunities for you than ever before. What cryptocurrencies do you want to see added in 2025?

Ready to earn staking rewards on your crypto?

Following overwhelming demand, this year we brought you Cardano (ADA) and Solana (SOL) staking to the Luno app. You can now earn up to 5% per year in crypto rewards without lifting a finger, paid automatically into your staking wallet every week. Don’t forget, with no minimum deposits and the ability to stake and unstake whenever you like, you can stake on your own terms.  

Even more deposit and withdrawal options

With new and increased limits for customers using PayU and Stitch, you’re free to instantly make deposits and withdrawals. 

We’ve also rolled out express withdrawals to most South African banks. You’ll now be able to request withdrawals 24/7, including on weekends and public holidays. 

Discovery Bank customers can also now make instant deposits. First, select ‘deposit’, then ‘Instant Transfer’ and follow the steps to link your bank account. When you’re ready to make a deposit, you’ll see your linked account as an available deposit method.

Get familiar with Luno widgets

You can now stay ahead of the crypto market with Luno widgets. Get real-time price updates and the latest news, all from your phone’s home screen—no need to open the app or refresh websites. Customise your experience by choosing which cryptocurrencies to track and switch between your local currency and USD. Whether you’re following price movements or market news, Luno widgets turn your mobile device into a crypto-tracking powerhouse.

READ MORE

Crypto categories are here

You’ll now find it easier to compare investment opportunities with categories, which let you filter different cryptocurrencies by their use cases – whether it’s the exciting world of DeFi you’re looking to invest in, Artificial Intelligence (AI) or more.

Read more: What are crypto categories?

We obtained our FSP and Category 2 licences

We are now a licenced Financial Services Provider with the FSCA, under the Financial Advisory Intermediary Services Act (the FAIS Act). While it won’t change our commitment to ensuring the security of your assets, it’s an important step forward for consumer protection in the industry and your peace of mind. 

Read more: Luno awarded FSP license

Better security 

As your crypto portfolio grows, it’s important to do everything you can to keep it safe. That’s why this year, we’ve launched even more features to boost your overall account security with trusted devices and passkeys. 

SET UP A PASSKEY

Your crypto where you can see it

Check that your crypto is exactly where it should be with your own personalised proof of reserves report, carried out by leading accounting and business firm, Moore Johannesburg. Merkle tree technology means you’ll be able to find your crypto, so you can be confident that your investments are securely held exactly where you expect them to be. 

To check your latest report:

1. Sign in to your Luno account and go to Profile
2. Select Proof of Reserves
3. Choose which month’s report you want to view

VIEW REPORT

Win big with Luno

You could be in with a chance to earn up to $10,000 in bitcoin simply by correctly guessing the price of bitcoin at the end of the week or month. Could you be one of our winners in 2025? Terms apply.

Luno x Zapper

Ever wanted to use crypto to pay for everyday transactions? We partnered with Zapper to allow you to use crypto at over 30,000 merchants across the country.y, 

Luno Pay x Pick ‘n Pay

We’ve teamed up with Pick n Pay to allow you to use your crypto to buy goods in stores across the country. Popping in for your weekly shop? Or just grabbing a snack on the go? No matter what you’re there for, with Luno you can now pay for it quickly and securely using your cryptocurrency of choice.

For a limited time only, get even more out of your Pick n Pay shopping with Luno Pay. Available exclusively through Luno Pay, earn up to 10% back instantly in USDT on all Pick n Pay purchases over R100 when you pay with USDT or 5% when you pay with bitcoin.

How it works:

1. Visit any Pick n Pay and shop as usual
2. Pay with USDT or bitcoin through Luno Pay at checkout
3. Instantly receive your USDT reward in the Luno app

Terms apply
Find out more

Thanks for letting us be part of your 2024 crypto story, see you in 2025.
Team Luno

*Investing in Crypto assets may result in the loss of capital. Luno is a licenced financial services provider, registration number 53314.

This information is not intended to be nor does it constitute financial, tax, legal, investment or other advice; nor is it a call to trade. The information is intended as general market commentary for information purposes only. Before making any decision or taking any action regarding your finances, you should consult a qualified Financial Advisor.