If you’re looking to buy Bitcoin in Luno, you’ve come to the right place. In this blog post, we’ll show you how to purchase Bitcoin in Luno and why it’s a great platform for buying cryptocurrency.
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Download the Luno app
If you want to buy Bitcoin in Luno, the first thing you need to do is download the Luno app. The Luno app is available on the App Store and Google Play. Once you’ve downloaded the app, create an account by entering your email address and choosing a password.
Sign up for a Luno account
If you don’t already have a Luno account, you’ll need to sign up for one. You can do that by going to luno.com and clicking on the ‘Sign up’ button. You’ll need to enter your email address and create a password. Once you’ve done that, you’ll be asked to verify your email address by clicking on a link in a verification email that will be sent to you.
Once you’ve verified your email address, you’ll be asked to set up 2-factor authentication (2FA) for your account. This is an important security measure that we highly recommend, as it adds an extra layer of protection against hackers. Once you’ve set up 2FA, you’ll be given a unique code that you’ll need to enter every time you login to your Luno account.
After you’ve set up 2FA, you can start buying Bitcoin!
Verify your Luno account
The first thing you need to do is to sign up for a Luno account. Luno is a bitcoin exchange and wallet provider, with operations in Malaysia, Indonesia, Nigeria, South Africa and the United Kingdom.
Once you have signed up for a Luno account, you will need to verify your email address and phone number. After that, you will be able to deposit money into your Luno account and start buying bitcoin!
Choose your payment method
You can buy Bitcoin using Malaysian Ringgit (MYR) in Luno. MYR is supported in the Luno wallet as well as on the Luno Exchange.
To find out more about how to use MYR, please see this article: How do I use Malaysian Ringgit (MYR)?
If you don’t have any MYR, you can first buy MYR from your local bank or from an online service such as ExchangeMyCoins, Indacoin or Coinspot.
Enter your wallet address
In order to buy bitcoin, you need to have a bitcoin wallet. A bitcoin wallet is where you store your bitcoins. There are many different types of wallets, and we recommend that you do some research to find the one that works best for you.
Once you have a wallet, you need to find a place to buy bitcoin. There are many different exchanges and brokers that you can use, but we recommend Luno. Luno is a great option because it is easy to use and it is available in many different countries.
To buy bitcoin on Luno, first sign up for an account. Once you have an account, deposit money into your account using your chosen payment method. Once your money has been deposited, you can then use it to buy bitcoin.
Luno is a Bitcoin exchange with a presence in South Africa, Singapore, Nigeria, Malaysia and Indonesia. It offers 0% fees for market makers, meaning you can avoid fees if you place a buy or sell order yourself. If you want to trade against other Luno users in different currencies, there’s also the choice of Luno Global.