Luno, previously known as Bitx, is a popular crypto exchange and wallet provider. Launched back in 2013, it expanded from Singapore to 44 countries worldwide. In 2017, Bitx changed its brand name to Luno, meaning Moon. It has experienced unforeseen growth ever since its rebranding. With offices in Singapore, Cape Town, Australia, Nigeria, Singapore, and London, Luno serves over 7 million users. Luno has raised over 13 million dollars from names like Digital Currency Group and Venture Capital in the United Kingdom.
What is Luno Exchange?
Luno is a famous UK-based cryptocurrency exchange currently operating in 40 countries in the world. With 8+ years of market experience, the exchange harbors 7 million users. To expand its proceedings in the European region, the company decided to rebrand as Luno. It now possesses offices in South Africa, Indonesia, Australia, Nigeria, the UK, and Malaysia.In simple words, Luno can be defined as a fiat/crypto to cryptocurrency trading exchange. The cryptocurrency exchange connects traders interested in buying/selling digital assets. Known for its lower fees and the support for local currencies make Luno one of the most popular crypto trading platforms.