If I were buying Bitcoin for the first time, the last thing I’d want is a platform drowning me in charts and crypto jargon. Getting into Bitcoin is already a big step. It’s exciting, sure, but also a little nerve-racking. The buying process shouldn’t make it worse.

That’s why Luno works for a lot of people. You open it, see a clean dashboard, and a few taps later, you’re wondering why you stressed so much in the first place.

So if you’ve been thinking about getting Bitcoin and you want an app that feels friendly from the moment it loads, Luno fits perfectly. Let me walk you through how to buy Bitcoin on Luno, the fees, safety tips, and the simple features that make it easier. 

Why Buy Bitcoin on Luno?

Buy Bitcoin on Luno

1. Luno is simple and beginner-friendly

Luno makes buying Bitcoin surprisingly simple. The app guides you step by step, so you don’t get lost in charts and confusing menus. You can buy, sell, and store Bitcoin without needing to be a tech whiz or spending hours figuring things out.

2. It is fast and convenient

Deposits, purchases, and withdrawals happen quickly. You won’t be waiting days for your Bitcoin to arrive in your wallet. Luno makes the process smooth so you can focus on your crypto journey instead of the delays.

3. Luno supports local payments

Luno allows you to fund your account using local currency and payment options available in your region. This makes it easy to buy Bitcoin without dealing with complicated foreign payment systems or extra conversions.

4. It is secure and regulated

Luno keeps your crypto safe with strong verification, wallet protection, and compliance with financial regulations. You don’t have to worry about losing your funds or getting caught up in shady practices; your assets are protected from start to finish.

55.Luno’s fees are Transparent

There are no hidden charges or surprises. Luno clearly shows you what you’re paying, so you can make each purchase with confidence and manage your investment without stress.

How to Buy Bitcoin on Luno: Step-by-Step

Follow these steps to buy Bitcoin safely and quickly:

  • Open the Luno app or visit Luno on the web, and sign up / log in.
  • Complete the know your customer (KYC) requirement. You usually need to provide ID and any verification info.
  • Link a payment method. This could be a bank account, debit/credit card, or other supported option in your region.
  • Fund your Luno wallet with fiat/local currency using the linked payment method.
  • Once your wallet is funded, go to the “Buy” (or “Crypto”) section in the app.
  • Select “Bitcoin (BTC)” as the coin you want to buy.
  • Enter the amount you want to spend in your local currency, or the amount of BTC you want to buy. Luno allows you to buy Bitcoin in fractions, so you don’t need a full coin.
  • Review the transaction details, including any fees or charges, then confirm/buy.
  • After confirmation, your BTC appears in your Luno wallet.

What Are Luno’s Features and Benefits?

Luno packs several useful features that make it ideal for beginners:

1. Instant Buy/Sell

Luno allows you to buy or sell Bitcoin and other supported cryptocurrencies in just a few taps. You don’t have to deal with complicated trading platforms or confusing order books. This means you can act fast when the market moves or when you just want to dip your toes into crypto, making the whole process feel simple and stress-free.

2. Luno Wallet (Security/Cold Storage)

Most of your crypto is kept offline in cold storage, away from hackers and online threats. This gives you peace of mind knowing your assets are protected. Even if something happens online, your funds remain secure.

3. Price Alerts

You can set notifications for the coin prices that matter to you. Luno will alert you when Bitcoin or other cryptocurrencies hit your target, so you never have to stare at charts all day. It’s perfect for staying on top of the market without letting it take over your time or stress you out.

4. Recurring Buys

You can set up automatic regular purchases on a schedule that works for you; daily, weekly, or monthly. This helps you steadily build your Bitcoin holdings over time without worrying about timing the market perfectly. It’s a set-and-forget approach that makes long-term investing easier and more consistent.

5. Educational Hub

Luno provides guides, tips, and learning resources right inside the app. Whether you’re a beginner or just want to stay informed, these resources help you understand crypto better and make smarter investment decisions, so you feel confident every step of the way.

6. Savings / Interest Options

Certain crypto holdings in Luno can earn interest while you keep them in your wallet. This allows your assets to grow passively over time, turning idle crypto into a way to earn more without extra effort.

What Are the Safety Tips for Buying Bitcoin on Luno?

The following are the safety tips to consider on Luno:

  • Use strong, unique passwords: Make your Luno password long, complex, and different from anything else you use. This keeps your account safe, and a password manager can make it easy to remember without stress.
  • Enable two-factor authentication (2FA): Adding this extra layer means even if someone gets your password, they still can’t log in. It’s a simple step that greatly boosts security.
  • Verify official links and apps: Only download Luno from official app stores or visit the official website. This protects you from phishing attempts and fake apps that could steal your funds.
  • Keep personal info private: Don’t share your account details, KYC documents, or recovery codes with anyone. Luno staff will never ask for your password. Protecting your info keeps your identity and crypto secure.
  • Double-check transactions: Always verify wallet addresses and payment details before sending crypto. Crypto transfers are irreversible, so a quick check can save you a lot of trouble.
  • Stay aware of scams: Be skeptical of messages, emails, or social media contacts offering “free crypto” or claiming to be Luno. A little caution goes a long way.
  • Regularly review your account: Check your wallet activity and account settings frequently. If something looks off, report it to Luno immediately. Early detection is key to preventing loss.
  • Secure your device: Make sure your phone or computer is free from malware. A safe device is the first step in keeping your buying process safe.

What Are the Fees and Limits Associated with Buying Bitcoin on Luno 

  • Deposit fees: Depending on how you fund your wallet (bank transfer, card, voucher, etc.), you may pay a small fee. In many regions, deposit fees are minimal or zero — but if you’re using instant or card-based methods, expect a small charge.
  • Trading fees: For instant buy or sell of crypto, Luno typically charges around 2% per transaction on many supported currencies and regions.
  • Withdrawal fees: If you send your crypto to another wallet (outside Luno), expect a network-based fee. Luno shows this fee up front before you confirm the transfer, and the amount depends on the blockchain and current network costs
  • Limits: Your account may have deposit, withdrawal, and purchase limits, depending on your verification level (KYC). Fully verified accounts usually have higher limits, allowing bigger transactions.

Luno always shows fees and limits before you complete any action. You can see exactly what you’ll pay and how much Bitcoin you’ll get, making it easier to plan your purchases. 

Keep in mind that fees can vary depending on your country and the payment method you use, so always double-check the amounts in the app before confirming a transaction.

Frequently Asked Questions (FAQs) About Buying Bitcoin with Luno

How long does Bitcoin buying take on Luno?

Buying Bitcoin on Luno is usually very fast. If you already have funds in your Luno wallet, the purchase happens almost instantly. If you need to deposit money first, it can take a few minutes to a few hours, depending on your payment method and bank.

Do I need to verify my identity before buying Bitcoin?

Yes, Luno requires identity verification (KYC) before you can deposit, withdraw, or trade larger amounts. This helps protect your account and comply with regulations.

What’s the minimum amount of Bitcoin I can buy?

On Luno, you can buy very small fractions of Bitcoin, so you don’t need to purchase a full coin. The minimum purchase is usually around 0.000025 BTC, making it easy to start with any amount you’re comfortable with.

Are there any hidden fees when buying Bitcoin on Luno?

No, there are no hidden fees. Luno is transparent about all fees. You’ll see deposit, trading, and withdrawal fees before you complete any transaction, so there are no surprises.

Can I link multiple payment methods to Luno?

Yes, you can link a bank account, card, or other supported funding options. Having multiple methods can make it easier to deposit, buy, or withdraw without delays.

Can I sell Bitcoin back on Luno?

Yes, you can sell your Bitcoin directly in the app whenever you like. The funds will go back to your Luno wallet, and from there you can withdraw them to your linked bank account or use them to buy more crypto.

Conclusion

And there you have it. Buying Bitcoin doesn’t have to feel overwhelming. Luno makes it straightforward, secure, and approachable, so you can get started without second-guessing yourself. It doesn’t matter if you’re investing a little, a lot, checking prices, or exploring other features; the app will give you a clear view of your options.

Follow the steps in this article, keep security in mind, and you’ll have a smooth journey from signup to your Bitcoin purchase.