Luno Fees: What You Really Pay to Trade and Hold Crypto

When you use Luno, a popular crypto exchange that lets users buy, sell, and store Bitcoin and Ethereum with a simple app. It's known for being beginner-friendly, especially in Africa, Southeast Asia, and Europe. But behind the clean interface and easy onboarding, Luno fees can add up fast—if you don’t know where to look. Unlike some exchanges that advertise "zero fees," Luno charges in multiple places: trading, deposits, withdrawals, and even holding your crypto in their wallet.

Most users think the price you see when buying Bitcoin is the final price. It’s not. Luno adds a spread—a hidden markup—on every trade. If Bitcoin is trading at $60,000 on major exchanges, Luno might show you $60,300. That 0.5% to 1% difference isn’t labeled as a fee, but it’s still money you lose. Then there’s the withdrawal fee: sending Bitcoin out of Luno costs a fixed amount, usually around $1 to $2, depending on network congestion. Deposits via bank transfer are often free, but instant buys with debit cards? That’s where you pay up—sometimes 1.5% or more. And if you leave crypto in your Luno wallet for months? No storage fee, but you’re also not earning interest. That’s different from platforms like Crypto.com or Coinbase, which offer yield on certain assets.

These fees aren’t unique to Luno, but they’re harder to spot. Compare that to exchanges like HitBTC or BCEX Korea, where fees are transparent but come with risk. Or Zeddex, which claims zero fees but has almost no users. Luno walks a middle line: it’s regulated in some countries, so it’s safer than unregulated platforms, but it’s not the cheapest. If you’re trading small amounts occasionally, Luno’s fees are manageable. But if you’re moving larger sums or trading daily, those small charges become big losses over time. You’ll find posts below that break down exactly how Luno’s fee structure stacks up against other exchanges, what hidden costs to watch for, and how to minimize them without switching platforms. You’ll also see real examples of how these fees impact your returns—and what to do if you’re paying too much.