Luno releases full verification of customer cryptocurrency for Q2

It has been a tough few months for the global financial markets, and the crypto market has been no exception.

A key theme that has emerged over the last few months is that of trust. While no one is able to predict where the market will go next, the one thing investors can do is use a trustworthy crypto platform.

Key to this is ensuring that their funds do in fact exist and are accounted for. That’s why every quarter at Luno, we publish our Proof of Reserves report.

What is it?

Luno has partnered with Mazars, a leading international audit, tax and advisory firm, to conduct the Q2 Proof of Reserves audit. This Proof of Reserves report gives you peace of mind that Luno has your cryptocurrency safely stored for you to use whenever you want.

Mazars conduct tests on the vast majority of these holdings to prove that the cryptocurrencies you see in your Luno Wallet actually exist.

Why do we do it?

At Luno, our mission is to put the power of crypto into everyone’s hands. Given the recent market disruption, we want to ensure that our customers know they are safe and secure with Luno.

This is why we place so much emphasis on the Proof of Reserves report, because in a world where there is already so much to worry about, the validity and safety of your cryptocurrency shouldn’t be one of them.

Report First Quarter 2022

Report Fourth Quarter 2021

Report Third Quarter 2021

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