Luno releases full verification of customer cryptocurrency

Luno has always gone the extra mile to keep your investment secure, using industry-leading processes and bank-grade security to protect customers’ cryptocurrency. These have helped us safely process more than $30 billion in transactions since 2013. We are also consistently rated among the top cryptocurrency platforms for security by the likes of CryptoCompare.

We don’t think you should just take our word for it though. That’s why Luno releases full verification of customer cryptocurrency by an independent firm every quarter.

This is carried out by Mazars, a leading international audit, tax and advisory firm. The Mazars’ report ensures that customers’ investments are ‘collateralised’. This essentially means that they’ve checked that the Bitcoin, Ether and any other cryptocurrency you see in your Luno Wallet actually exists, so you can be sure that your cryptocurrency is always exactly where it should be.

“Luno is a safe platform to secure and store crypto”

Marius Reitz, GM of Luno said: “We take a stand against crypto crime and proof of reserves helps to protect all stakeholders. Luno’s nine million customers in more than 40 countries can rest assured that their wallets do in fact contain the crypto stated. We have always said that Luno is a safe platform to secure and store crypto and this is external validation that this is in fact the case.”

Luno is proud to be blazing the trail for safe online currency transactions and we believe that by working hand in hand with trusted associations and authorities, we can make Bitcoin as safe and accessible as it can and should be.

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